Mixed-Use
For Sale
$990,000
304 S Orange Ave, Newark, NJ 07103
The building carries mixed-use Com/Res zoning, with permitted uses subject to buyer verification.
Property SizeContact for details
Days on Market153
Property Features for 304 S Orange Ave
General Information
Standard status
Active
Property subtype
Commercial
Financials
Asking Price
$990,000
Gross Income
$128,400
Site & Location
Neighborhood
West Side
Public Transit
Yes
Listing Agency:
KELLER WILLIAMS - NJ METRO GROUP
Listed By:
CHERYL DARMANIN 973-783-7400 · License #111786,NEWJERSEY
(917) 696-0802
Source:
Brentsellsnj
Added: May 27
Changed: Oct 25
Last Checked: Oct 24 at 5:19PM
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 KELLER WILLIAMS - NJ METRO GROUP
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Investment Insights
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This 3,484-square-foot mixed-use property was built in 1900 and is being offered as a recently acquired REO asset. The sale is strictly as-is, where-is, with no seller representations, warranties, or repairs. Interior access to all units is still being arranged, and offers will include a physical inspection contingency after access is confirmed.
The property is located at 304 S Orange Ave in Newark, along South Orange Avenue, a primary arterial connecting the West Side with downtown. West Side County Park serves as a nearby anchor, and the Norfolk Street Light Rail Station is approximately 1.2 miles away. The asset carries mixed-use Com/Res zoning, with buyers responsible for verifying zoning and all permitted uses during due diligence. A reported 8.0% going-in cap rate is available for independent review.
The property is located at 304 S Orange Ave in Newark, along South Orange Avenue, a primary arterial connecting the West Side with downtown. West Side County Park serves as a nearby anchor, and the Norfolk Street Light Rail Station is approximately 1.2 miles away. The asset carries mixed-use Com/Res zoning, with buyers responsible for verifying zoning and all permitted uses during due diligence. A reported 8.0% going-in cap rate is available for independent review.
Key Highlights
- 3,484‑square‑foot mixed‑use property at 304 S ORANGE AVE, NEWARK, NJ 07103
- Built in 1900
- Mixed‑use zoning Com/Res; buyer to verify permitted uses
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Current Use
Location Intelligence
Trade Area within ½ mile
2,641
Businesses Nearby
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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
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Frequently Asked Questions
What type of property is this?
Mixed-use property - The building carries mixed-use Com/Res zoning, with permitted uses subject to buyer verification.
Where is this mixed-use property located?
The property is located at 304 S Orange Ave Newark, NJ.
What is the asking price?
The asking price for this property is $990,000.
What are key features of this property?
This property features: 3,484‑square‑foot mixed‑use property at 304 S ORANGE AVE, NEWARK, NJ 07103; Built in 1900; Mixed‑use zoning Com/Res; buyer to verify permitted uses
