25 Jacob St, Newark City, NJ 07103
25 Jacob St, Newark City, NJ 07103
25 Jacob St, Newark City, NJ 07103
25 Jacob St, Newark City, NJ 07103
25 Jacob St, Newark City, NJ 07103
25 Jacob St, Newark City, NJ 07103
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$ 265,000
Est. payment | /mo

4,000 SqFt


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$ 265,000
Est. payment | /mo
Save

4,000 SqFt

Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Under Contract

Purchase Type For Sale

Square Footage 4,000 sqft

Price per Sqft $66

Subdivision West Ward

MLS Listing ID 4016006

Annual Tax Amount $13,976

Tax Year 2025

Lot Size 2,613 Sqft

Property Sub-Type Mixed Use

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.

Location

State NJ

County Essex

Zoning 4A

Rooms

Basement Full, Unfinished

Interior

Heating Gas-Natural

Cooling No Cool

Flooring See Remarks

Equipment See Remarks

Heat Source Gas-Natural

Exterior

Exterior Feature Brick/Block, See Remarks, Vinyl Siding

Utilities Available Electric, Gas-Natural

Roof Type Flat

Building

Story 2

Sewer Public Sewer, See Remarks

Water Public Water, See Remarks

Others

Ownership Fee Simple

Garden State MLS(GSMLS)
Listed by IDENTITY PROPERTIES
Nearby Locations
Steven Betancurth
Steven Betancurth

CEO | License ID: 1539846

+1(201) 834-7475 | steven@bregroupnj.com

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25 Jacob St