Mixed-Use Property with Commercial
109 7th Street, Newark, NJ 07107
For Sale
$1,340,000
Finished mixed-use building combining flexible commercial space with three residential units and separate utilities.
Property SizeContact for details
Days on Market307
Property Features for 109 7th Street
General Information
Standard status
Property subtype
Site & Location
Neighborhood
Highway Access
Amenities
Electricity Connected, Natural Gas Connected, Sep Heat, Water Connected
Building Details
Tenancy
Listing Agency:
KELLER WILLIAMS CITY VIEWS REALTY
Listed By:
Oscar Nunez · License NJ #1539890
(201) 519-4739
Source:
Kw
Added: Jan 7
Changed: Nov 8
Last Checked: Nov 8 at 8:24AM
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 CITY VIEWS REALTY
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Investment Insights
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This mixed-use property combines a commercial-style first floor with three residential units above. The ground-level space includes more than 7 cubicles and two half bathrooms, supporting salon or professional use. Residential accommodations total 7 bedrooms, 4 full bathrooms, and 4 half bathrooms. The upper residence provides 3 bedrooms, 2.1 bathrooms, approximately 1,974 square feet, a Juliet balcony, waterfall-island kitchen, in-unit laundry, and a primary suite. Two additional second-floor units include a 2-bedroom layout with two full bathrooms and another 2-bedroom layout with one full bathroom. Hardwood flooring extends through the apartments, and utilities are separately metered.
The property is located at 109 7th Street in Newark, with direct access to Route 280, major highways, public transportation, shopping, and schools. The building also includes connected electricity, natural gas, separate heating, and connected water. A 5-year tax pilot is noted for the property.
The property is located at 109 7th Street in Newark, with direct access to Route 280, major highways, public transportation, shopping, and schools. The building also includes connected electricity, natural gas, separate heating, and connected water. A 5-year tax pilot is noted for the property.
Key Highlights
- Mixed‑use configuration with commercial‑style first floor and three residential units
- Ground floor includes more than 7 cubicles and two half bathrooms
- Residential layout totals 7 bedrooms, 4 full bathrooms, and 4 half bathrooms
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,662
Businesses Nearby
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Business Placement
Demographics for 07107, NJ
41,627
Population
16,084
Households
2.6
Avg Household Size
33
Median Age
13%
College-Educated
77%
High-School Grad
1.6 sq mi
ZIP Area
26,017
Density / Sq Mi
$49,892
Median Household Income
$35,700
Median Earnings
$1,259
Median Rent
$353,300
Median Home Value
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Market
Average Price Trend$/SF for Mixed-use properties in Newark, NJ
Properties on Market for Mixed-use properties in Newark
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Finished mixed-use building combining flexible commercial space with three residential units and separate utilities.
Where is this mixed-use property located?
The property is located at 109 7th Street Newark, NJ.
What is the asking price?
The asking price for this property is $1,340,000.
What are key features of this property?
This property features: Mixed‑use configuration with commercial‑style first floor and three residential units; Ground floor includes more than 7 cubicles and two half bathrooms; Residential layout totals 7 bedrooms, 4 full bathrooms, and 4 half bathrooms
