973.595.1500
25 Jacob St Newark City 07103-2028
$265000

Details

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 Information

County : Essex
Style : ,
Rooms : 8
Bedrooms : 3
Full Baths : 1
Half Baths : 2
Total Baths : 1
LotSize : 25X100
Acres : 0
Living Room Level :
Dining Room Level :
Kitchen Level :
Bedroom 1 Level :
Bedroom 2 Level :
Bedroom 3 Level :
Bedroom 4 Level :
Basement/Description :
Garage :
HeatSource : ,
Heat System : , ,
Cooling System : ,
Water :
Sewer :
Utilities : , ,

Additional Information

Tax Amount : 13976
Tax Year : 2025
Association Fee :
Grade School : CAMDEN
Middle School : BARRINGER
High School : BARRINGER