358 S Orange Ave

Newark City, NJ 07103
Square Ft.
8,000
$1,300,000
Income-producing mixed-use asset featuring 6 residential units and 2 street-level retail spaces on a high-traffic corridor. Strong in-place cash flow with additional upside through lease-up and rent optimization. Value-add opportunity with select units offering below-market rents and vacancy allowing for strategic repositioning.Efficient layout with separate utilities supports streamlined operations andRead MoreRead Less
Courtesy of MIG REAL ESTATE.
Listing Snapshot
Days Online
0
Last Updated
Property Type
Other
Square Ft.
8,000
Lot Size
0.06 Acres
MLS Number
4020133
30 Days Snapshot Of 07103
$397k
-2%
(avg) sold price
7
+250%
homes sold
79
+12%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Unfinished, Yes
Cooling
Window A/C(s)
Expenses
Expenses: Insurance, Maintenance - Interior, Property Management, Taxes, Water/Sewer
Exterior Features
Brick/Block
Water Features
Public Water
Heating
Gas-Natural, 4+ Units, Forced Hot Air
Lot
Approximate Lot Size: 40.6 X68.2, 0.06 acres
Owner Pays
Water
Property
8,000 sqft building, 8 units
Roof
Flat
Sewer
Public Available
Taxes
Annual Tax Amount: $42,489, Tax Rate: 3.999
Tenant Pays
Electric, Heat
Utilities
Electric, Gas-Natural
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Monthly Payment
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Chris Cafaro
Realtor®
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All information contained herein deemed reliable but not guaranteed. Buyers should personally verify all information. GSMLS Data provided via Home Junction, Inc.