Mixed-Use Income Property with
358-360 S ORANGE AVE Unit NA Newark, NJ 07103
358-360 S ORANGE AVE Unit NA, Newark, NJ, 07103
$1,300,000
For Sale
$1,300,000
Mixed-use building with six residential units and two street-level retail spaces, supported by separate utilities.
Property Size8,000 SF
Price / SF$162.50
Days on Market113
Property Features for 358-360 S ORANGE AVE Unit NA
General Information
- Standard status
- Active
- Size
- 8,000 SF
- Property subtype
- Mixed Use
Listing agency
MIG REAL ESTATE
(203) 676-8182
Listed by
OWANATE EREKEOSIMA
(203) 676-8182
Source
Xome
Added: Apr 1 Updated: Jul 21 at 5:44AM Checked: Jul 21 at 5:44AM
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 MIG REAL ESTATE
Investment Insights
Based on property information with market context.
This income-producing mixed-use property includes six residential units and two street-level retail spaces. The building is described as having an efficient layout with separate utilities, which can support streamlined operations and expense control across the residential and retail components.
The property is positioned on a corridor with retail frontage providing visibility and a diversified income stream, and the remarks also note proximity to major transportation, public transit, and neighborhood amenities.
The seller’s remarks describe the asset as having in-place cash flow and additional opportunities tied to lease-up and rent optimization. They further indicate select residential units may be at below-market rents and that vacancy exists, which could support a repositioning strategy for an investor looking for near-term improvement.
The property is positioned on a corridor with retail frontage providing visibility and a diversified income stream, and the remarks also note proximity to major transportation, public transit, and neighborhood amenities.
The seller’s remarks describe the asset as having in-place cash flow and additional opportunities tied to lease-up and rent optimization. They further indicate select residential units may be at below-market rents and that vacancy exists, which could support a repositioning strategy for an investor looking for near-term improvement.
Key Highlights
- Mixed‑use building with 6 residential units and 2 street‑level retail spaces
- C‑2 zoning
- Separate utilities for streamlined operations and expense control
Property Analytics
Location Intelligence
Current Use by Public Records
Storefront properties
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FAQs
What type of property is this?
Mixed-use property - Mixed-use building with six residential units and two street-level retail spaces, supported by separate utilities.
Where is this mixed-use property located?
The property is located at 358-360 S ORANGE AVE Unit NA Newark, NJ.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Mixed‑use building with 6 residential units and 2 street‑level retail spaces; C‑2 zoning; Separate utilities for streamlined operations and expense control
