304 South St, Newark City, NJ 07114
304 South St, Newark City, NJ 07114
304 South St, Newark City, NJ 07114
304 South St, Newark City, NJ 07114
304 South St, Newark City, NJ 07114
304 South St, Newark City, NJ 07114
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Thomas "Chopper" Russo

Thomas "Chopper" Russo

+1(201) 240-5200
$ 990,000
Est. payment | /mo

3,484 SqFt

Save
$ 990,000
Est. payment | /mo
Save

3,484 SqFt

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 3,484 sqft

Price per Sqft $284

MLS Listing ID 4043437

Year Built 1920

Annual Tax Amount $5,762

Tax Year 2025

Lot Size 0.290 Acres

Property Sub-Type Mixed Use

Property Description

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.

Location

State NJ

County Essex

Zoning Mixed-Use

Rooms

Basement Storage

Interior

Heating Gas-Natural

Cooling Window A/C(s)

Equipment See Remarks

Heat Source Gas-Natural

Exterior

Exterior Feature Brick/Block

Utilities Available Electric, Gas-Natural

Roof Type See Remarks

Building

Lot Description Corner

Story 3

Sewer Public Sewer

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 KELLER WILLIAMS - NJ METRO GROUP
Ready to make a move?

Get pre-approved for this home in minutes.

Already toured or saved this listing? Take the next step. Start a secure application below and find out exactly what you qualify for — no credit hit, no obligation. Sellers take pre-approved buyers seriously.

Start your pre-approval

Secure · Powered by Bond Street Mortgage, LLC

Not quite ready? Explore your options

Affordability Calculator →

See how much home you comfortably qualify for based on your income.

Payment Calculator →

Calculate principal, interest, taxes, and insurance in seconds.

Northern NJ Mortgage Guide →

Local rates, programs, and what NJ buyers need to know.

Thomas "Chopper" Russo

Thomas "Chopper" Russo

Broker Associate

+1(201) 240-5200

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from RE/MAX Select - Chopper Russo Team, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

304 South St

};function runPageScript(){