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Mixed-Use Property with Commercial Space
For Sale
$1,340,000

109 7th Street, Newark, NJ 07107

Finished mixed-use building combining flexible commercial space with three residential units and separate utilities.

Property SizeContact for details
Days on Market261

Property Features for 109 7th Street

General Information

Standard status Active
Property subtype Multi-Family

Additional Details

Highway Access Yes

Amenities

Electricity Connected, Natural Gas Connected, Sep Heat, Water Connected

Building Details

Tenancy Multi
Listing Agency: KELLER WILLIAMS CITY VIEWS REALTY
Listed By: Oscar Nunez · License #1539890
Source: Kw
Added: Jan 7 Changed: Sep 25 Last Checked: Sep 24 at 3:58PM

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

Investment Insights

Based on property information with market context.

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.

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

Triplexes

Suggested Use

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

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

Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,662
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - 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
More about this property
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