1040 Bergen Street Newark, NJ 07112

Building Details

Year Built

1920

Listing office KELLER WILLIAMS - NJ METRO GROUP C***@darmgrp.com Show Phone

Listing date Oct 29, 2025

Source Realnex

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Investment Insights

Based on property information with market context.

This mixed-use property is located in Newark’s rapidly developing South Ward. The property features both commercial and residential components. The ground floor has a street-level commercial space suitable for retail, office, or service use. The upper levels contain two residential units. The property is being sold as-is, presenting an opportunity to renovate and reposition. It is located amid new development, rising property values, and strong rental demand. The property is located near Clinton Hill and the Bergen Street commercial corridor, with proximity to Downtown Newark, I-78, and Newark Liberty International Airport. The layout allows for multiple income streams. The total units are 3, with 1 commercial and 2 residential. The ideal buyer is an investor or developer seeking a Newark value-add play with upside through renovation and rental growth. The zoning is likely C-2 (Community Commercial / Mixed-Use Zone).

Key Highlights

• Value‑add opportunity through renovation or repositioning in Newark's growing South Ward.
• Mixed‑use layout with street‑level commercial space and two residential units provides multiple income streams.
• Located in a rapidly developing area with new housing and retail redevelopment.

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FAQs

What type of property is this?

Mixed-use property - Mixed-use property in Newark's South Ward with commercial and residential units.

Where is this mixed-use property located?

The property is located at 1040 Bergen Street Newark, NJ.

What is the asking price?

The asking price for this property is $330,000.

What are key features of this property?

This property features: Value‑add opportunity through renovation or repositioning in Newark's growing South Ward.; Mixed‑use layout with street‑level commercial space and two residential units provides multiple income streams.; Located in a rapidly developing area with new housing and retail redevelopment.