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IDX ListingNewark, NJ · Active

948 S Orange Ave

$899,000

4,700 sqft

Description

An outstanding investment opportunity awaits with this prime five-unit mixed-use property, offering strong, diversified revenue streams and high cash-flow potential. The building features three prominent ground-floor retail spaces alongside two spacious upper-level residential apartments, each offering a desirable two-bedroom, one-bathroom layout that easily attracts reliable, long-term tenants. With the commercial tenants responsible for paying all of their own utilities, operating overhead remains exceptionally low, allowing investors to maximize net operating income from day one. Whether you are expanding an established commercial portfolio or looking for a high-performing multi-family asset, this income producer delivers the ideal blend of tenant stability, utility-split efficiency, and long-term financial growth.

Property details

Type
Mixed Use
Lot size
0.03 acres
Lot dimensions
.07
Building size
4,700 sqft
Year built
1930
Available area
4,700 sqft
Office area
2,000 sqft
Price per sqft
$191
Units
5
Offered
For Sale
Zoning
Commercial
Possession
at closing
MLS #
4056861
Listing courtesy of MENZA REALTY · 973-926-2400
Listing data last updated: October 5, 2026 at 4:28 PM
Listing courtesy of MENZA REALTY · 973-926-2400
Listing data last updated: October 5, 2026 at 4:28 PM

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