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Three-Parcel Mixed-Use Assemblage
For Sale
$4,100,000

251 WALNUT ST, Newark, NJ 07105

Assemblage of three properties in an Opportunity Zone within Newark’s Ironbound Transit Village.

Property Size999 SF
Price / SF$4,104
Days on Market265

Property Features for 251 WALNUT ST

General Information

Standard status Active
Size 999 SF
Property subtype Mixed Use

Additional Details

Opportunity Zone Yes

Taxes and HOA fees

Annual Taxes $11,565

Amenities

Window Air Conditioning
3
Flat
Mix use
Corner Lot.
2 Car Garage.
33X95.5, 33X95.5
Corner.

Building Details

Year Built 1935
Listing Agency: COLDWELL BANKER REALTY
Listed By: ISAIAS GARCIA RODRIGUES
Source: Xome
Added: Nov 19, 2025 Changed: Aug 8 Last Checked: Aug 10 at 2:49AM

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 COLDWELL BANKER REALTY

Investment Insights

Based on property information with market context.

This offering is a unique assemblage of three properties located within an Opportunity Zone and Newark’s Ironbound section Transit Village. The properties are being sold together as a single assemblage.

According to the remarks, the assemblage is ideally situated near Newark Penn Station, Red Bull Arena, and Newark Liberty International Airport.

The purchase includes the three parcels at 251 Walnut St, Unit 000, Newark, NJ 07105.

Key Highlights

  • Corner lot with 2‑car garage parking
  • Flat roof and window air conditioning
  • Heating listed as 3

Property Analytics

Current Use

Con Sabor Ecuador Restaurant

Suggested Use

Top Pick Nursing Home (Bike/Boat/Book/etc) Store Buffet Tanning Salon Locksmith Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - Assemblage of three properties in an Opportunity Zone within Newark’s Ironbound Transit Village.
Where is this mixed-use property located?
The property is located at 251 WALNUT ST Newark, NJ.
What is the asking price?
The asking price for this property is $4,100,000.
What are key features of this property?
This property features: Corner lot with 2‑car garage parking; Flat roof and window air conditioning; Heating listed as 3
More about this property
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