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$899,000
New Listing

948 S Orange Ave
Newark City, NJ 07106

For Sale|Mixed Use|Active
0
Beds
0
Total Baths
4,700
SqFt
$191
/SqFt
1930
Built
County:
Essex

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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.

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Listing Snapshot
Price 
$899,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
4,700 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.03 Acres
Year Built 
1930
MLS® Number 
4056861
Status 
Active
Property Tax 
$10,597
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
5 hours agoListing updated with changes from the MLS®
13 hours agoListing first seen on site
General Features
Acres 
0.03
Parking 
On Street
Property Sub Type 
Mixed Use
Security 
Smoke Detector(s)
Sewer 
Public Sewer
SqFt Total 
4700
Water Source 
Public
Zoning 
Commercial
Interior Features
Basement 
FullUnfinished
Cooling 
Window Unit(s)
Heating 
BaseboardNatural Gas
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Exterior Features
Construction Details 
Vinyl SidingWood Siding
Listing courtesy of MENZA REALTY

The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Neighborhood & Commute
Source: Walkscore
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