Property
Newark City, NJ 07106 1041 S Orange Ave
$699,000
Pending
Presented By: BHHS JORDAN BARIS REALTY; 973-736-1600
Full/Half Baths • 0 / 6- SQFT • 4,800
Full/Half Baths • 0 / 6
SQFT • 4,800Home Details
Prime Mixed-Use Opportunity in High-Traffic Location!Formerly home to a pharmacy and doctor's office, this versatile commercial building offers endless potential for retail, medical, or professional use. The pharmacy currently occupies the storefront with a negotiable 10-year lease in place, ensuring stable income for the new owner. Upper-level apartments provide additional revenue streams. Located just steps from the South Orange border and Seton Hall University, in the heart of a thriving business district surrounded by shops, restaurants, and public transportation. An ideal investment or owner-user opportunity in a highly visible, in-demand location.
Presented By: BHHS JORDAN BARIS REALTY; 973-736-1600
Interior Features for 1041 S Orange Ave
Bathrooms
Half Baths6
Other Interior Features
Price Per Sq Ft168.00
Available Sq Ft4800
Num 2 Bdrm Units2
Num 1 Bdrm Units2
BasementUnfinished
FlooringVinyl-Linoleum, Wood
Fuel TypeGas-Natural
Total Stories3
General for 1041 S Orange Ave
ConstructionBrick/Block, See Remarks
CoolingWindow A/C(s)
CountyEssex
DirectionsCorner of South Orange Avenue & Sanford Avenue
Documents AvailableNo Documents Available
DriveNone, See Remarks
EasementNo
Equipment AvailableStorage Area(s)
Garage Spaces
Heating1 Unit
Leasable Area2100
LocationBusiness District, Corner, See Remarks
Num Apts4
Number Of Units Total3
OwnershipFee Simple
Permitted UseStore front & Apartments
PossessionAt Closing
Prior UsePharmacy, Medical, Apartments
Property TypeMixed Use, Store With Apartment
Property TypeStore With Apartment
RoofAsphalt Shingle
SewerPublic Sewer
Standard StatusUnder Contract
StatusUnder Contract
Tax Annual Amount14744
Tax Assessed Value387700
Tax Lot78
Tax Year2024
Town #1614
TownshipNewark City
UtilitiesGas-Natural
Year Built1945
ZoningCommercial
Exterior for 1041 S Orange Ave
Building Area Total4800
Exterior DescriptionConcrete, See Remarks
Lot Dimensions30 X 90
Lot FeaturesLevel Lot
Lot Size Acres0.06
Max Ceiling Height15
Max Door Height8
Number of Bays0
Number of Docks0
Number of Doors0
Total Parking0
Water SourcePublic Water
Additional Details
Price History
Tina Torres
Broker/Owner