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Mixed-Use Building with Apartments
For Sale
$799,999

294 Orange St #294, Newark, NJ 07103

The ground-floor commercial space includes reception, a private office, a multipurpose room, and two half-baths.

Property SizeContact for details
Days on Market20

Property Features for 294 Orange St #294

General Information

Standard status Active
Property subtype Commercial
Zoning Mix Use
Occupancy 100%

Site & Location

Neighborhood University Heights
Public Transit Yes

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Building Details

Buildings 1
Stories 3
Units 3
Tenancy Multi
Listing Agency: RE/MAX 1st. Advantage
Listed By: Robert Dekanski · License #232901
Source: Cammarotarealestate
Added: Oct 5 Changed: Oct 22 Last Checked: Oct 22 at 2:35PM

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 RE/MAX 1st. Advantage

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Investment Insights

Based on property information with market context.

This mixed-use property combines a ground-level commercial unit with two residential apartments. The commercial space has a reception area, a private office, a multipurpose room, and two half-baths. Each apartment includes a living area, an eat-in kitchen, two bedrooms, and one full bathroom. The units have separate utilities and semi-private entrances, and all are currently leased.

The property is near a bus line, major roads, shopping, and Branch Brook Park. Its zoning is identified as Mix Use.

Key Highlights

  • Two residential apartments above a ground‑floor commercial unit
  • Commercial space includes reception, a private office, a multipurpose room, and two half‑baths
  • Each apartment has two bedrooms, one full bathroom, a living area, and an eat‑in kitchen

Property Analytics

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Current Use

Pat Boys Mini ... Grocery & Convenience Store All in One Shopping Center & Mall

Suggested Use

Top Pick Pet Grooming Service Veterinary Clinic Tanning Salon (Bike/Boat/Book/etc) Store Locksmith Carpet & Flooring 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.

Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

3,512
Businesses Nearby
65k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 83% Shops & Services 17%
Wendy's Dining
24,571 visits/mo 0.5 miles
Dunkin' Donuts Dining
13,853 visits/mo 0.2 miles
Checkers Dining
12,245 visits/mo 0.5 miles
Extra Space Storage Shops & Services
4,875 visits/mo 0.3 miles
Family Dollar Shops & Services
3,655 visits/mo 0.3 miles

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
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Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - The ground-floor commercial space includes reception, a private office, a multipurpose room, and two half-baths.
Where is this mixed-use property located?
The property is located at 294 Orange St #294 Newark, NJ.
What is the asking price?
The asking price for this property is $799,999.
What are key features of this property?
This property features: Two residential apartments above a ground‑floor commercial unit; Commercial space includes reception, a private office, a multipurpose room, and two half‑baths; Each apartment has two bedrooms, one full bathroom, a living area, and an eat‑in kitchen
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