25 Jacob ST, Newark, NJ 07103
25 Jacob ST, Newark, NJ 07103
25 Jacob ST, Newark, NJ 07103
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Listed by Jason Brown iDentity Properties
$265,000
Est. payment /mo
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Under Contract

25 Jacob ST Newark, NJ 07103

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Jonathan Greene

Jonathan Greene

+1(973) 873-0734

UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Under Contract

Purchase Type For Sale

MLS Listing ID 26009487

Style Retail

Property Sub-Type Retail

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

Interior

Heating Gas, Steam

New Jersey MLS (NJMLS)

NEARBY SCHOOL & BUSINESS

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Jonathan Greene

Jonathan Greene

Broker of Record | License ID: 1433604

+1(973) 873-0734

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