Newark Mixed-Use Building For
For Sale
$265,000
Pending
25 Jacob St, Newark, NJ 07103
Mixed-use building in Newark with commercial and residential spaces.
Property Size4,000 SF
Days on Market160
Property Features for 25 Jacob St
General Information
Standard status
Pending
Size
4,000 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$13,976
Building Details
Building Size
4,000 SF
Year Built
9999
Stories
2
Units
2
Listing Agency:
iDentity Properties
(833) 443-3684
Listed By:
JASON BROWN
Source:
Elliman
Added: Mar 25
Changed: Aug 23
Last Checked: Aug 30 at 4:40PM
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 iDentity Properties
Investment Insights
Based on property information with market context.
This mixed-use building is located in the West Ward of Newark. The property includes approximately 2,000 sq ft of commercial space on the first floor, which features two restrooms. The second floor contains a residential unit with 3 bedrooms, a kitchen, a living room, and one full bathroom. The building has previously been used as a childcare center and a House of Worship, indicating its adaptability for various commercial, community, or institutional purposes. The property offers value-add potential for investors and developers. The building could be maintained as a mixed-use property or converted into two residential units, pending verification with the City of Newark. The open commercial layout allows for redevelopment. The property is located near West Side Park, University Hospital, Rutgers New Jersey Medical School, and the South Orange Avenue commercial corridor. Nearby schools have received A and B ratings. Transportation, parks, shopping, and major neighborhood institutions are located nearby. The property is being sold as-is and requires renovation, presenting an opportunity to reposition the building in an active investment area of Newark.
Key Highlights
- Mixed‑use building featuring approximately 2,000 sq ft of commercial space and a 3‑bedroom residential unit.
- Value‑add potential through renovation and repositioning in an active investment area.
- Flexible commercial space previously used as a childcare center and House of Worship.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,396
Businesses Nearby
Explore this area
Business Placement
Demographics for 07103, NJ
39,439
Population
13,832
Households
2.9
Avg Household Size
30
Median Age
21%
College-Educated
81%
High-School Grad
2.2 sq mi
ZIP Area
17,927
Density / Sq Mi
$42,397
Median Household Income
$34,278
Median Earnings
$1,289
Median Rent
$259,300
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use building in Newark with commercial and residential spaces.
Where is this mixed-use property located?
The property is located at 25 Jacob St Newark, NJ.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: Mixed‑use building featuring approximately 2,000 sq ft of commercial space and a 3‑bedroom residential unit.; Value‑add potential through renovation and repositioning in an active investment area.; Flexible commercial space previously used as a childcare center and House of Worship.
