948 S Orange Ave, Newark City, NJ

$899,000

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4,700

Square feet

0.03

Acres

About 948 S Orange Ave

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.

Features of 948 S Orange Ave

MLS® # 4056861
Price $899,000
Square Footage 4,700
Acres 0.03
Year Built 1930
Type Commercial
Status Active

Community Information

Address 948 S Orange Ave
City Newark City
County Essex
State NJ
Zip Code 07106-1802

Amenities

Utilities Electric
Parking None, On-Street Parking

Interior

Heating Gas-Natural
# of Stories 3
Has Basement Yes
Basement Full, Unfinished

Exterior

Exterior Vinyl
Roof Flat

Additional Information

Date Listed October 5th, 2026
Days on Market 4
Zoning Commercial

Listing Details

OfficeMENZA REALTY
Contact Info973-926-2400

Listing Map

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