$900,000
Est. payment /mo
7,287 SqFt
Active
620 S Orange Ave Newark City, NJ 07106
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Key Details
Property Type Single Family Home
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 7,287 sqft
Price per Sqft $123
MLS Listing ID 4025716
Annual Tax Amount $12,776
Tax Year 2025
Lot Size 2,613 Sqft
Property Sub-Type Mixed Use
Property Description
Six-unit mixed-use investment opportunity located on South Orange Avenue in Newark. The property features a newly renovated vacant storefront on the main level with five residential apartments above. The residential units are currently occupied by month-to-month tenants, offering flexibility for the next owner. Apartments are generally configured as approximately two-bedroom layouts, with some units potentially reconfigured into three-bedroom layouts, subject to permits and approvals. This property offers strong income-producing potential with storefront visibility, residential income, and upside for the right investor. Property is being sold as-is, preferably with existing tenants in place.
Location
State NJ
County Essex
Zoning Mixed Use
Rooms
Basement Unfinished, Walkout
Interior
Heating Gas-Natural
Cooling 1 Unit, Ductless Split AC
Flooring Vinyl-Linoleum
Equipment Appliances, Smoke Detector
Heat Source Gas-Natural
Exterior
Exterior Feature Brick/Block
Utilities Available Electric, Gas-Natural
Roof Type Flat, Rubberized
Building
Story 3
Sewer Public Sewer
Water Public Water
Others
Ownership Fee Simple
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Listed by EPIQUE REALTY
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