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MixedUse For Sale

25 Jacob St, Newark City, Essex 07103-2028

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Property Description

Unlock the potential of this mixed-use building located in the West Ward of Newark. The property features approximately 2,000 sq ft of commercial space on the first floor with two restrooms, plus a second-floor residential unit offering 3 bedrooms, kitchen, living room, and one full bathroom. The building has previously operated as both a childcare center and a House of Worship, demonstrating its flexibility for a variety of commercial, community, or institutional uses.For investors and developers, the property offers significant value-add potential. Buyers may choose to maintain the mixed-use configuration or explore the possibility of converting the building into two residential units (buyer to verify with the City of Newark). The open commercial layout provides a blank canvas for redevelopment.Conveniently located near West Side Park, University Hospital, Rutgers New Jersey Medical School, and the South Orange Avenue commercial corridor, with nearby schools receiving A and B ratings on Niche.com. Close to transportation, parks, shopping, and major neighborhood institutions.Property is being sold strictly as-is and requires renovation, offering an excellent opportunity to reposition a well-located building in one of Newark’s active investment areas.

Basic Details
Property Type:
MixedUse
Listing Type:
For Sale
Listing ID:
4016006
Price:
$265,000
Year Built:
9999
Lot Area:
0.06 Acre
Status:
Under Contract
Office Name:
IDENTITY PROPERTIES
Agent Name:
JASON BROWN
Roof:
Flat
Features
Heating System:
Radiators - Steam, 2 Units
Cooling System:
No Cool
Basement:
Full, Unfinished
Flooring:
See Remarks
Sewer:
Public Sewer, See Remarks
Utilities:
Electric, Gas-Natural
Address Map
Country:
US
State:
Essex
County:
Essex
City:
Newark City
Zipcode:
07103-2028
Street:
Jacob St
Street Number:
25
Longitude:
W75° 47' 57.9''
Latitude:
N40° 44' 1''
Directions:
Between Gold St & Springfield Ave
Zoning:
4A
Additional Information
Lot Size Dimensions:
25X100
Water Source:
See Remarks, Public Water
Stories Total:
2
Number Of Units Total:
2
Building Size:
4000
Financial
Tax Annual Amount:
13976
Listing Information
Co List Agent Mls Id:
309200
List Agent Mls Id:
293244
List Office Mls Id:
5963
Mls Status:
Under Contract
Modification Timestamp:
2026-04-15T18:31:52Z
Originating System Name:
gsmls
MixedUse For Sale
Listing ID:
4016006
Lot Area:
0.06 Acre
$265,000
Agent info
Contact Agent

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