4,700 sqft

$899,000

948 S Orange Ave, Newark City NJ, 07106

Price per sqft$191.28

Built in1930

Property size4,700 sqft

Property typeCommercial

Overview

Active

Listed Oct 5, 2026

Updated 3 days ago

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.

Other Property Details

Taxes: $10,597
Tax Frequency: Annually

Courtesy of MENZA REALTY with NICHOLAS T. DREJAJ,
Listing Contact: 9739262400

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