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587 S Orange Ave , Newark City, New Jersey 07106-1308

  • $549,000

Description

Excellent mixed-use investment opportunity on busy South Orange Avenue! This income-producing property features a commercial space on the first floor with an established tenant and lease in place. The second floor offers a renovated two-bedroom apartment, providing an additional source of rental income. A full unfinished basement provides additional storage. Renovated in 2021 and situated in Newark’s C-2 Community Commercial and Residential Zone, the property offers strong visibility and convenient access to major highways, public transportation, shopping and neighborhood amenities. A great opportunity to add a versatile mixed-use property to your investment portfolio. Buyer responsible for verifying permitted uses and property information with the City of Newark.

  • City: Newark City
  • State/county: NJ

Details

Updated on September 13, 2026 at 6:34 pm
  • Property ID HZ4052304
  • Price $549,000
  • Property Status Coming Soon

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Queens Realty New Jersey

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