25 Jacob St Newark, NJ 07103
New
Mixed-use building in Newark with commercial and residential spaces.
Property Features for 25 Jacob St
General Information
- Standard status
- Active
Source:
Corcoran
Listing Agency: IDENTITY PROPERTIES Listing Agent: Jason Brown
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Newark Mixed-Use Building For Sale
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.
Location Intelligence
Current Use by Public Records
RISE AND SHINE CHILD ...
High School
The Great Commission Ministry ...
Church
Location Insight
- Map
- Local Demand
- City
- Newark
- County
- Essex
- State
- New Jersey
- Longitude
- -74.2006785
- Latitude
- 40.7335853
Nearby Similar for Sale
FAQs
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 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.
