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Corner Mixed-Use Property
For Sale
$1,750,000

156 Jefferson St #9999, Newark, NJ 07105

Residential apartments are paired with a longstanding storefront business.

Property Size99,999 SF
Days on Market14

Property Features for 156 Jefferson St #9999

General Information

Standard status Active
Size 99,999 SF
Property subtype Commercial
Zoning mix use

Units

Unit Mix 5 x 3BR+rec room, 1 x 1BR+den
Multifamily Units 6

Additional Details

Corner Location Yes

Building Details

Building Size 99,999 SF
Year Built 9999
Stories 3
Units 6
Listing Agency: Exit Realty Lucky Associates
Listed By: Marilene Oliveira
Source: Betterhomerealestate
Added: Aug 17 Changed: Aug 29 Last Checked: Aug 29 at 7:50PM

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 Exit Realty Lucky Associates

Investment Insights

Based on property information with market context.

This corner mixed-use property in Newark’s Ironbound section includes six residential units and one storefront occupied by an established business. The residential component includes five matching layouts with three bedrooms, a recreation room, a living room, and an eat-in kitchen. The remaining apartment offers one bedroom, a den, a living room, and an eat-in kitchen.

Located at 156 Jefferson St in Newark City, the property is designated for mixed use and combines apartment accommodations with a commercial storefront in one building. Its corner configuration and established storefront presence define the property’s physical and operating profile.

Key Highlights

  • Six residential units plus one storefront business
  • Five apartments with three bedrooms, a recreation room, living room, and eat‑in kitchen
  • One apartment with one bedroom, den, living room, and eat‑in kitchen

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Veterinary Clinic Nursing Home (Bike/Boat/Book/etc) Store Buffet Tanning Salon Locksmith

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

6
Residential units

Location Intelligence

Trade Area within ½ mile

4,639
Businesses Nearby

Demographics for 07105, NJ

50,870
Population
20,608
Households
2.5
Avg Household Size
35
Median Age
15%
College-Educated
70%
High-School Grad
4.6 sq mi
ZIP Area
11,059
Density / Sq Mi
$55,752
Median Household Income
$33,175
Median Earnings
$1,600
Median Rent
$445,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Mixed-use property - Residential apartments are paired with a longstanding storefront business.
Where is this mixed-use property located?
The property is located at 156 Jefferson St #9999 Newark, NJ.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Six residential units plus one storefront business; Five apartments with three bedrooms, a recreation room, living room, and eat‑in kitchen; One apartment with one bedroom, den, living room, and eat‑in kitchen
More about this property
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