Mixed-Use Retail and
For Sale
$1,650,000
Pending
175 Ferry St, Newark, NJ 07105
Mixed-use property with a commercial storefront and two rented apartments, each with separate utilities and a full basement.
Property SizeContact for details
Days on Market609
Property Features for 175 Ferry St
General Information
Standard status
Pending
Property subtype
Residential Income
Additional Details
Multifamily Units
2
Amenities
full basement
Listing Agency:
CENTURY 21 SEMIAO & ASSOCIATES
Listed By:
OSCAR ALBAN
(201) 991-1300
Source:
Exprealty
Added: Jan 6, 2025
Changed: Aug 28
Last Checked: Sep 6 at 1:07PM
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 CENTURY 21 SEMIAO & ASSOCIATES
Investment Insights
Based on property information with market context.
This mixed-use property includes one commercial storefront and two residential apartments. All units are currently rented on a month-to-month basis, and each unit has separate utilities for straightforward management. A full basement provides additional storage space.
Located in the center of Newark’s Ironbound District, the property is positioned near public transportation with easy access to Newark Penn Station and major transit lines to New York City. Newark Liberty International Airport and major highways are also described as being just minutes away.
The current configuration supports both commercial use and residential income within the same building, with each unit separately metered and the added convenience of basement storage.
Located in the center of Newark’s Ironbound District, the property is positioned near public transportation with easy access to Newark Penn Station and major transit lines to New York City. Newark Liberty International Airport and major highways are also described as being just minutes away.
The current configuration supports both commercial use and residential income within the same building, with each unit separately metered and the added convenience of basement storage.
Key Highlights
- Mixed‑use property in Newark’s Ironbound District with 1 commercial storefront and 2 residential apartments
- All units are currently rented on a month‑to‑month basis
- Each unit has separate utilities for easier management and maintenance
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
4,449
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Mixed-use property with a commercial storefront and two rented apartments, each with separate utilities and a full basement.
Where is this duplex located?
The property is located at 175 Ferry St Newark, NJ.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Mixed‑use property in Newark’s Ironbound District with 1 commercial storefront and 2 residential apartments; All units are currently rented on a month‑to‑month basis; Each unit has separate utilities for easier management and maintenance
