358-360 S Orange Ave | Newark City

$1,300,000 | 8 Baths (8 Half) | 8,000 Sq. Ft.

Income-producing mixed-use asset featuring 6 residential units and 2 street-level retail spaces on a high-traffic corridor. Strong in-place cash flow with additional upside through lease-up and rent optimization. Value-add opportunity with select units offering below-market rents and vacancy allowing for strategic repositioning.Efficient layout with separate utilities supports streamlined operations and expense control. Retail frontage provides visibility and diversified income stream.Located near major transportation, public transit, and neighborhood amenities, supporting consistent rental demand. Ideal for investors seeking a stabilized asset with near-term upside potential in a growing urban market. GSMLS 4020133

Directions to property: South Orange Ave and S 10th St

MLS Listing ID: 
GSMLS 4020133
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Status (Local): 
Active
Listing Status Accepting Offers: 
1
Building Details
Details about the building on a property.
Stories: 
4
Year Built: 
0
Living Area: 
8,000
Basement: 
Unfinished
Construction
Construction Materials: 
Brick/Block
Roof: 
Flat
Exterior: 
Brick/Block
Energy Information: 
Electric, Gas-Natural
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
8
Total Half-Bathrooms: 
8
Utilities
Information about utilities available on the property.
Heating System: 
4+ Units, Forced Hot Air
Heating System Fuel: 
Gas-Natural
Cooling System: 
Window A/C(s)
Water Source: 
Public Water
Sewer: 
Public Available
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.06
Lot Size (Dimensions): 
40.6 X68.2
Waterfront: 
0
Lot Features
Driveway: 
None
Parking Type: 
None
Total Parking Spaces: 
0
Public Record
Parcel Number: 
1614-00267-0000-00012-0002-
Lot Number: 
12.02
Annual Tax: 
$42,489.00
Property Zoning: 
C-2
Listing Dates
Dates involved in the transaction.
Listing Entry Date/Time: 
4/13/2026
Contract Details
Details about the listing contract.
Inclusions: 
Building & Land
Possession: 
At Closing
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
MIG REAL ESTATE