NJ
Essex
Newark City
07103
358-360 S Orange Ave
358-360 S Orange Ave, Newark City, NJ 07103
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Listing Type
Commercial/Industrial
Listing Status
Active
18
$1,300,000

Home Details for 358-360 S Orange Ave

Price
$1,300,000
Type
Commercial Sale
Lot size acres
0.06
County
Essex
Basement
Unfinished
Days on site
51
MLS Listing#
4020133
Property Description

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 and expense control. Retail frontage provides visibility and diversified income stream.Located near major transportation, public transit, and neighborhood amenities, supporting consistent rental demand. Ideal for investors seeking a stabilized asset with near-term upside potential in a growing urban market.

Property Features
  • Heating Information
    • Forced Air
    • Natural Gas
  • Cooling Information
    • Window Unit(s)
  • Water Features
    • Public
  • Utilities
    • Natural Gas Available
  • Basement
    • Unfinished
Listing Courtesy: MIG REAL ESTATE - 973-771-5170
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EXIT REALTY LUCKY ASSOCIATES
290 Ferry St., Newark, NJ 07105
Office
973 817 7700
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