Newark City, NJ 07106,1041 S Orange Ave
Newark City, NJ 07106,1041 S Orange Ave
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$699,000
Est. payment /mo
4,800 SqFt
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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 4,800 sqft

Price per Sqft $145

MLS Listing ID 3981272

Year Built 1945

Annual Tax Amount $14,744

Tax Year 2024

Lot Size 2,613 Sqft

Property Sub-Type Mixed Use

Property Description

Prime Mixed-Use Opportunity in High-Traffic Location!Formerly home to a pharmacy and doctor's office, this versatile commercial building offers endless potential for retail, medical, or professional use. The pharmacy currently occupies the storefront with a negotiable 10-year lease in place, ensuring stable income for the new owner. Upper-level apartments provide additional revenue streams. Located just steps from the South Orange border and Seton Hall University, in the heart of a thriving business district surrounded by shops, restaurants, and public transportation. An ideal investment or owner-user opportunity in a highly visible, in-demand location.

Location

State NJ

County Essex

Zoning Commercial

Rooms

Basement Unfinished

Interior

Heating Gas-Natural

Cooling Window A/C(s)

Flooring Vinyl-Linoleum, Wood

Equipment Storage Area(s)

Heat Source Gas-Natural

Exterior

Exterior Feature Concrete, See Remarks

Utilities Available Gas-Natural

Roof Type Asphalt Shingle

Building

Lot Description Level Lot

Story 3

Sewer Public Sewer

Water Public Water

Others

Ownership Fee Simple


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Garden State MLS(GSMLS)
Listed by BHHS JORDAN BARIS REALTY
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Patrice Penda

Patrice Penda

+1(201) 907-2791

REALTOR® | License ID: 2187041

REALTOR® License ID: 2187041

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