Mixed-Use Building with Commercial
For Sale
$850,000
52 Holland St, Newark, NJ 07103
Multi-Family, 3-Three Story, Newark City, NJ
Property Size4,364 SF
Lot Size0.06 Acres
Price / SF$194.78
Days on Market40
Property Features for 52 Holland St
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
3
Full bathrooms
2
Half bathrooms
5
Rooms
Bedroom 3, Bedroom 4, Bathroom 1, Bathroom 5, Bathroom 7, Basement, Bathroom 6, Bathroom 2, Bedroom 1, Bedroom 5, Bedroom 6, Bathroom 4, Bathroom 3, Bedroom 2
Directions
Gold St. & Springfield Ave.
Standard status
Active
Size
4,364 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
3999
Utilities
Sewer type
Public Sewer
Cooling system
Central Air
Water source
Public
Amenities
extra high ceilings
expansive open areas
bar seating
multiple restrooms
HVAC
washer and dryer hookups
Building Details
Year built
2024
Floors in Building
3
Number of units
2
Roof type
Shingle
Architectural style
Other
Listing Agency:
EXP REALTY, LLC
(866) 201-6210
Listed By:
MORDY ABELESZ · License #1755145
(866) 201-6210
Added: Jul 14
Changed: Aug 19
Last Checked: Aug 22 at 5:06PM
MLS# 4040635
Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Completed in 2024, this mixed-use property combines a ground-floor commercial area with an upper-level residence. The commercial component contains approximately 2,394 square feet, extra-high ceilings, open interior areas, bar seating, a commercial kitchen, and multiple restrooms. The residence occupies two levels and includes six bedrooms, 2.5 baths, a large living area, and a spacious kitchen.
Modern building systems include HVAC, central air, washer and dryer hookups, and a full sprinkler system. Public water and public sewer serve the property, which also has a shingle roof. A 5 year tax abatement is in place beginning in 2025. The commercial layout is identified for restaurant, private event venue, office, medical, or professional-service uses.
Modern building systems include HVAC, central air, washer and dryer hookups, and a full sprinkler system. Public water and public sewer serve the property, which also has a shingle roof. A 5 year tax abatement is in place beginning in 2025. The commercial layout is identified for restaurant, private event venue, office, medical, or professional-service uses.
Key Highlights
- Completed in 2024 with a 5 year tax abatement beginning in 2025
- Approximately 2,394 square feet of ground‑floor commercial space
- Commercial area includes extra‑high ceilings, open areas, bar seating, kitchen, and multiple restrooms
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$66,246
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.79%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,324,920
$1.3M
Cap Rate 7%
$946,371
$946.4K
Cap Rate 9%
$736,067
$736.1K
Market Conditions
NOI Build-Up for 4,364 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$120.4K $27.60/SF
− Vacancy
−$14.5K −$3.31/SF
EGI
$106.0K $24.29/SF
− OpEx
−$39.7K −$9.11/SF
NOI
$66.2K $15.18/SF
Area
ZIP 07103
Vacancy
12.00%
Lease Rate
$27.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,324,920
Cap Rate 7%
$946,371
Cap Rate 9%
$736,067
Alternative Uses
Best Use
Apartment 5plus
$1.13M
$990.8K – $1.32M
NOI $79,267 @ 7.0% cap · market cap 9.33%
Second Best
Mixed Use
$946.4K
$828.1K – $1.10M
NOI $66,246 @ 7.0% cap · market cap 7.79%
Theoretical Best
Office A
$1.56M
$1.37M – $1.82M
NOI $109,261 @ 7.0% cap · market cap 12.85%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
2,396
Businesses Nearby
Explore this area
Business Placement
Demographics for 07103, NJ
39,439
Population
13,832
Households
2.9
Avg Household Size
30
Median Age
21%
College-Educated
81%
High-School Grad
2.2 sq mi
ZIP Area
17,927
Density / Sq Mi
$42,397
Median Household Income
$34,278
Median Earnings
$1,289
Median Rent
$259,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Ground-floor commercial space is paired with a two-level residence featuring six bedrooms and two and a half baths.
Where is this mixed-use property located?
The property is located at 52 Holland St Newark, NJ.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Completed in 2024 with a 5 year tax abatement beginning in 2025; Approximately 2,394 square feet of ground‑floor commercial space; Commercial area includes extra‑high ceilings, open areas, bar seating, kitchen, and multiple restrooms
