304 S Orange Ave | Newark City

$990,000 | 6 Baths (6 Half) | 3,484 Sq. Ft.

Rare mixed-use investment opportunity on high-traffic S Orange Avenue in Newark's established West Side corridor.This well-maintained brick building offers two street-level commercial spaces plus four residential units ideal for anowner-user or pure income investor. Kitchens and baths updated within the last 10 years. Additional storage inbasement and private paved backyard. Separate utilities. Gross monthly income of $10,700. Priced at a compelling8.0% cap rate one of the strongest going-in yields available in Essex County today. Minutes to downtown Newark,NJ Transit, and major highways. REO (bank-owned) property. Seller is in the process of securing access to all units. All offers accepted subject tofull physical inspection contingency, to be scheduled once interior access is obtained. Buyer's due diligenceperiod commences upon written confirmation of unit access. Property sold strictly AS-IS. Seller will make norepairs. All income figures must be independently verified by Buyer. Proof of funds or pre-qualification requiredprior to showing. Do not disturb tenants. GSMLS 4043437

Directions to property: From I-280, take Exit 13 to S Orange Ave. Property is on the corner of S Orange Ave.

MLS Listing ID: 
GSMLS 4043437
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: 
3
Year Built: 
1920
Living Area: 
3,484
Basement: 
Storage
Construction
Construction Materials: 
Brick/Block
Roof: 
See Remarks
Exterior: 
Brick/Block
Energy Information: 
Electric, Gas-Natural
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
6
Total Half-Bathrooms: 
6
Utilities
Information about utilities available on the property.
Heating System: 
Radiators - Hot Water, Radiators - Steam
Heating System Fuel: 
Gas-Natural
Cooling System: 
Window A/C(s)
Water Source: 
Public Water
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.08
Lot Size (Dimensions): 
41.8X87
Waterfront: 
0
Lot Features
Driveway: 
On-Street Parking, Paver Block
Parking Type: 
On-Street Parking, Paver Block
Public Record
Parcel Number: 
1614-00270-0000-00001-0000-
Lot Number: 
1
Annual Tax: 
$11,125.00
Property Zoning: 
Mixed-Use
Listing Dates
Dates involved in the transaction.
Listing Entry Date/Time: 
7/28/2026
Contract Details
Details about the listing contract.
Inclusions: 
Building Only, See Remarks
Possession: 
At Closing
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
KELLER WILLIAMS - NJ METRO GROUP