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Newark Mixed-Use Investment Opportunity

1040 Bergen Street Newark, NJ 07112

1040 Bergen Street, Newark, NJ, 07112
$330,000
For Sale
$330,000

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

Days on Market261

Property Features for 1040 Bergen Street

General Information

Standard status
Active
Property subtype
MU

Building Details

Year Built
1920
Listing Agency KELLER WILLIAMS - NJ METRO GROUP
Listed by Cheryl Darmanin · License #111786,NEWJERSEY
Source Realnex
Added: Oct 29, 2025 Checked: Jul 6 at 12:15 pm

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KELLER WILLIAMS - NJ METRO GROUP


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.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Law Firm Real Estate Agency Skin Care Clinic Parking Lot & Garage Gym & Fitness Center Locksmith Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Veterinary Clinic Dental Office

Zoning and permitted uses should be independently verified with local authorities.

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.
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