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

294 Orange Street, Newark, NJ 07103

The street-level commercial space has reception, a private office, a flexible room, and two half-baths.

Property Size1 SF
Price / SF$799,999
Days on Market8

Property Features for 294 Orange Street

General Information

Standard status Active
Size 1 SF
Property subtype Commercial
Occupancy 100%

Site & Location

Public Transit Yes
Utilities to Site Yes

Units

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

Amenities

semi-private entrances

Building Details

Buildings 1
Tenancy Multi
Listing Agency: RE/MAX 1st ADVANTAGE
Listed By: ROBERT DEKANSKI · License #232901
Source: Actionplusrealty
Added: Oct 3 Changed: Oct 7 Last Checked: Oct 10 at 1:32AM

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

Investment Insights

Based on property information with market context.

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

At 294 Orange Street in Newark, the property is near a bus line, major roads, shopping, and Branch Brook Park.

Key Highlights

  • Ground‑level commercial suite with reception, multipurpose room, private office, and two half‑baths
  • Two residential units, each with two bedrooms, an eat‑in kitchen, living area, and one full bath
  • Separate utilities and semi‑private entrances for the residential units

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
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

3,512
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - The street-level commercial space has reception, a private office, a flexible room, and two half-baths.
Where is this mixed-use property located?
The property is located at 294 Orange Street 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: Ground‑level commercial suite with reception, multipurpose room, private office, and two half‑baths; Two residential units, each with two bedrooms, an eat‑in kitchen, living area, and one full bath; Separate utilities and semi‑private entrances for the residential units
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