358-360 S Orange Ave, Newark City, NJ 07103
358-360 S Orange Ave, Newark City, NJ 07103
358-360 S Orange Ave, Newark City, NJ 07103
358-360 S Orange Ave, Newark City, NJ 07103
358-360 S Orange Ave, Newark City, NJ 07103
358-360 S Orange Ave, Newark City, NJ 07103
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Thomas "Chopper" Russo

Thomas "Chopper" Russo

+1(201) 240-5200
$ 1,300,000
Est. payment | /mo

8,000 SqFt

Save
$ 1,300,000
Est. payment | /mo
Save

8,000 SqFt

Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 8,000 sqft

Price per Sqft $162

MLS Listing ID 4020133

Annual Tax Amount $42,489

Tax Year 2025

Lot Size 2,613 Sqft

Property Sub-Type Mixed Use

Property Description

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.

Location

State NJ

County Essex

Zoning C-2

Rooms

Basement Unfinished

Interior

Heating Gas-Natural

Cooling Window A/C(s)

Equipment Appliances

Heat Source Gas-Natural

Exterior

Exterior Feature Brick/Block

Utilities Available Electric, Gas-Natural

Roof Type Flat

Building

Story 4

Sewer Public Available

Water Public Water

Others

Ownership Fee Simple

Garden State MLS(GSMLS)
Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by MIG REAL ESTATE
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Thomas "Chopper" Russo

Thomas "Chopper" Russo

Broker Associate

+1(201) 240-5200

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358-360 S Orange Ave

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