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Mixed-Use Building with Commercial Kitchen
For Sale
$799,000

52 Holland St, Newark, NJ 07103

Multi-Family, 3-Three Story, Newark City, NJ

Property Size4,364 SF
Lot Size0.06 Acres
Price / SF$183.09
Days on Market86

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 5, Bedroom 6, Bathroom 3, Bedroom 1, Bathroom 1, Bathroom 6, Bedroom 4, Bathroom 2, Bathroom 5, Bathroom 7, Bedroom 2, Bathroom 4, Basement
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

Building Details

Year built 2024
Floors in Building 3
Number of units 2
Roof type Shingle
Architectural style Other
Listing Agency: EXP REALTY, LLC
Listed By: MORDY ABELESZ · License #17525
Added: Jul 14 Changed: Sep 14 Last Checked: Oct 7 at 3:06AM
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 contains 4,364 square feet across a commercial ground floor and an upper-level residence. The approximately 2,394-square-foot commercial area includes open interior space, elevated ceilings, bar seating, a commercial kitchen, and multiple restrooms. Central air, HVAC, washer and dryer hookups, and a full sprinkler system are installed throughout the property.

The residence occupies two levels and includes six bedrooms, two-and-a-half bathrooms, a spacious living area, and a large kitchen. The property sits on a 0.06-acre lot at 52 Holland St in Newark City, New Jersey, with public water and public sewer service. A five-year tax abatement begins in 2025.

Key Highlights

  • 2024‑built mixed‑use property totaling 4,364 square feet
  • Approximately 2,394‑square‑foot commercial ground floor
  • Commercial kitchen, bar seating, open areas, and multiple restrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$73,053
Cap Rate
9.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,461,060 $1.5M
Cap Rate 7%
$1,043,614 $1.0M
Cap Rate 9%
$811,700 $811.7K
Market Conditions
NOI Build-Up for 4,364 SF
Gross rent
$104.7K $24.00/SF
− Vacancy
−$7.3K −$1.68/SF
EGI
$97.4K $22.32/SF
− OpEx
−$24.4K −$5.58/SF
NOI
$73.1K $16.74/SF
Area
ZIP 07103
Vacancy
7.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,461,060
Cap Rate 7%
$1,043,614
Cap Rate 9%
$811,700

Alternative Uses

Best Use
Apartment 5plus
$1.13M
$990.8K – $1.32M (±1% cap)
NOI $79,267 @ 7.0% cap · market cap 9.92%
Second Best
Specialty Retail
$1.04M
$913.2K – $1.22M (±1% cap)
NOI $73,053 @ 7.0% cap · market cap 9.14%
Theoretical Best
Office A
$1.56M
$1.37M – $1.82M (±1% cap)
NOI $109,261 @ 7.0% cap · market cap 13.67%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Commercial kitchens

Suggested Use

Top Pick Law Firm Real Estate Agency Acupuncture Carpet & Flooring Store Skin Care Clinic (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units
Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

2,396
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Newly built property combines commercial space with a two-level residence.
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 $799,000.
What are key features of this property?
This property features: 2024‑built mixed‑use property totaling 4,364 square feet; Approximately 2,394‑square‑foot commercial ground floor; Commercial kitchen, bar seating, open areas, and multiple restrooms
More about this property
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