Brick Mixed-Use
New
For Sale
$99,000
304 South St, Newark, NJ 07114
Street-level commercial space and residential apartments are supported by separate utilities, basement storage, and a private paved backyard.
Days on Market2
Property Features for 304 South St
General Information
Standard status
Active
Property subtype
Commercial
Financials
Cap Rate
8%
Gross Income
$128,400
Site & Location
Highway Access
Yes
Road Access
Yes
Public Transit
Yes
Utilities to Site
Yes
Additional Details
Multifamily Units
4
Amenities
basement storage
private backyard
Building Details
Building Size
3,484 SF
Year Built
1920
Buildings
1
Construction
brick
Tenancy
Multi
Listing Agency:
KELLER WILLIAMS - NJ METRO GROUP
(973) 783-7400
Listed By:
CHERYL DARMANIN · License #111786,NEWJERSEY
Source:
Elliman
Added: Jul 30
Changed: Jul 31
Last Checked: Jul 31 at 11:04AM
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
Investment Insights
Based on property information with market context.
Built in 1920, this brick mixed-use building combines two street-level commercial spaces with four residential units. The configuration supports a blend of commercial and residential occupancy within one property, with separate utilities serving the building. Kitchens and baths were updated within the last 10 years. Additional features include basement storage and a private paved backyard.
Located in Newark, New Jersey, the property is positioned near downtown Newark, NJ Transit, and major highways. The property is being sold as-is, with the seller making no repairs. Interior access is being arranged for unit inspections and buyer due diligence.
Located in Newark, New Jersey, the property is positioned near downtown Newark, NJ Transit, and major highways. The property is being sold as-is, with the seller making no repairs. Interior access is being arranged for unit inspections and buyer due diligence.
Key Highlights
- Two street‑level commercial spaces and four residential units
- Brick building constructed in 1920
- Kitchens and baths updated within the last 10 years
Property Analytics
Current Use
Lease Details
4
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,536
Businesses Nearby
Explore this area
Business Placement
Demographics for 07114, NJ
17,767
Population
4,694
Households
3.8
Avg Household Size
39
Median Age
9%
College-Educated
69%
High-School Grad
7.9 sq mi
ZIP Area
2,249
Density / Sq Mi
$34,167
Median Household Income
$35,916
Median Earnings
$616
Median Rent
$384,700
Median Home Value
Market
Properties on Market for Mixed-use properties in Essex County
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Street-level commercial space and residential apartments are supported by separate utilities, basement storage, and a private paved backyard.
Where is this mixed-use property located?
The property is located at 304 South St Newark, NJ.
What is the asking price?
The asking price for this property is $99,000.
What are key features of this property?
This property features: Two street‑level commercial spaces and four residential units; Brick building constructed in 1920; Kitchens and baths updated within the last 10 years
