Log In/Sign Up
Your email has been sent.
7000SF-Mixed Use(3 Stores 2Apts)Tax:$5700 1018-1020 S Orange Ave 7,000 SF 100% Leased Retail Building Newark, NJ 07106 $2,700,000 ($385.71/SF)
Investment Highlights
- - Reliable Revenue: Fully occupied with a strong tenant mix including three ground-floor retail storefronts and two oversized residential units.
- - Operational Efficiency: 100% separate utilities (Electric, Gas, Water) ensure minimal landlord overhead.
- - The Residential Edge: Two massive 3-bedroom apartments featuring premium finishes, in-unit laundry, and central HVAC—high-demand features that comma
- - Low Friction Ownership: Only 2 year old with zero deferred maintenance, a full sprinkler system, and exceptionally low property taxes
Executive Summary
Turnkey Mixed-Use Investment | 100% Leased | Newer Construction in Newark
Exceptional mixed-use opportunity! Constructed in 2024, this modern mixed-use building at a corner lot in prime location offers the perfect combination of stability and growth. This contemporary, 2-story building is a "buy-and-hold" dream located on a high-traffic corridor.
The ground floor boasts three vibrant retail spaces with 51 feet of frontage, offering maximum brand visibility and foot traffic. Upstairs two massive 3-bedroom apartments featuring premium finishes, in-unit laundry, and central HVAC—high-demand features that command top-market rents. This is superb opportunity with even greater potentials.
Don’t miss out on one of the cleanest mixed-use assets currently on the market
Exceptional mixed-use opportunity! Constructed in 2024, this modern mixed-use building at a corner lot in prime location offers the perfect combination of stability and growth. This contemporary, 2-story building is a "buy-and-hold" dream located on a high-traffic corridor.
The ground floor boasts three vibrant retail spaces with 51 feet of frontage, offering maximum brand visibility and foot traffic. Upstairs two massive 3-bedroom apartments featuring premium finishes, in-unit laundry, and central HVAC—high-demand features that command top-market rents. This is superb opportunity with even greater potentials.
Don’t miss out on one of the cleanest mixed-use assets currently on the market
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
7,000 SF
Building Class
B
Year Built
2024
Price
$2,700,000
Price Per SF
$385.71
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.35
Lot Size
0.12 AC
Zoning
C-2 - Community Commercial and Residential
Frontage
Amenities
- Security System
- Signage
Walk Score®
Very Walkable (80)
Nearby Major Retailers
Property Taxes
| Parcel Number | 14-04115-0000-00007 | Improvements Assessment | $10,000 |
| Land Assessment | $137,700 | Total Assessment | $147,700 |
Property Taxes
Parcel Number
14-04115-0000-00007
Land Assessment
$137,700
Improvements Assessment
$10,000
Total Assessment
$147,700
1 of 34
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
7000SF-Mixed Use(3 Stores 2Apts)Tax:$5700 | 1018-1020 S Orange Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.