948 S Orange Ave, Newark City, NJ 07106
948 S Orange Ave, Newark City, NJ 07106
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Naveen Sharma

Naveen Sharma

+1(732) 429-0939
$899,000
Est. payment /mo
4,700 SqFt
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Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 4,700 sqft

Price per Sqft $191

MLS Listing ID 4056861

Year Built 1930

Annual Tax Amount $10,597

Tax Year 2025

Lot Size 1,306 Sqft

Property Sub-Type Mixed Use

Property Description

An outstanding investment opportunity awaits with this prime five-unit mixed-use property, offering strong, diversified revenue streams and high cash-flow potential. The building features three prominent ground-floor retail spaces alongside two spacious upper-level residential apartments, each offering a desirable two-bedroom, one-bathroom layout that easily attracts reliable, long-term tenants. With the commercial tenants responsible for paying all of their own utilities, operating overhead remains exceptionally low, allowing investors to maximize net operating income from day one. Whether you are expanding an established commercial portfolio or looking for a high-performing multi-family asset, this income producer delivers the ideal blend of tenant stability, utility-split efficiency, and long-term financial growth.

Location

State NJ

County Essex

Zoning Commercial

Rooms

Basement Full, Unfinished

Interior

Heating Gas-Natural

Cooling Window A/C(s)

Equipment Fire Alarm

Heat Source Gas-Natural

Exterior

Exterior Feature Vinyl Siding

Utilities Available Electric

Roof Type Flat

Garage No

Building

Story 3

Sewer Public Sewer

Water Public Water

Others

Ownership Fee Simple

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Garden State MLS(GSMLS)
Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by MENZA REALTY

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Naveen Sharma

+1(732) 429-0939

naveen@fourpointrealty.com

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948 S Orange Ave