Mixed-Use Quadplex with Convenience
For Sale
$899,900
661 SOUTH 18TH STREET Unit 0, Newark, NJ 07103
Four residential units plus a ground-floor convenience store, with off-street parking via private driveway and detached garage.
Property Size8,500 SF
Price / SF$105.87
Days on Market158
Property Features for 661 SOUTH 18TH STREET Unit 0
General Information
Standard status
Active
Size
8,500 SF
Property subtype
General Commercial
Listing Agency:
SJI JACKSON REAL ESTATE
(856) 662-6565
Listed By:
JOSEPH MULLICA
(856) 662-6565
Source:
Xome
Added: Mar 1
Changed: Jul 10
Last Checked: Jun 14 at 1:42AM
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 SJI JACKSON REAL ESTATE
Investment Insights
Based on property information with market context.
The property at 661 South 18th Street is a mixed-use building configured with four residential units and a ground-floor commercial space. The convenience store on the first floor is currently occupied. The residential portion includes one leased apartment, with the remaining units available for lease-up. The site also features a detached garage and a private driveway, providing off-street parking for tenants or potential additional rental value. The property is offered strictly as-is, where-is, and the buyer is responsible for independently verifying all details, including legal use, zoning, and any applicable permits.
Located in Newark, NJ, the building combines income-producing retail with residential apartments under one ownership structure. Lease income details are available upon request, and all information should be confirmed independently by interested parties.
This setup can fit investors or buyers looking for a blended income stream within a single property, with existing retail occupancy and residential space that may be positioned for improved occupancy through leasing. With on-site off-street parking support from the detached garage and private driveway, the residential component may be more marketable for tenants who value parking convenience. Seller provides no warranties regarding the accuracy of property details.
Located in Newark, NJ, the building combines income-producing retail with residential apartments under one ownership structure. Lease income details are available upon request, and all information should be confirmed independently by interested parties.
This setup can fit investors or buyers looking for a blended income stream within a single property, with existing retail occupancy and residential space that may be positioned for improved occupancy through leasing. With on-site off-street parking support from the detached garage and private driveway, the residential component may be more marketable for tenants who value parking convenience. Seller provides no warranties regarding the accuracy of property details.
Key Highlights
- Mixed‑use property with four residential units and a ground‑floor convenience store
- Convenience store unit is currently occupied, providing income
- Corner lot with off‑street parking, including a private driveway and detached garage
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,414
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four residential units plus a ground-floor convenience store, with off-street parking via private driveway and detached garage.
Where is this quadplex located?
The property is located at 661 SOUTH 18TH STREET Unit 0 Newark, NJ.
What is the asking price?
The asking price for this property is $899,900.
What are key features of this property?
This property features: Mixed‑use property with four residential units and a ground‑floor convenience store; Convenience store unit is currently occupied, providing income; Corner lot with off‑street parking, including a private driveway and detached garage
