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1018-1020 S Orange Ave
Newark, NJ 07106 Lower Vailsburg

$2,700,000 USD

Storefront Retail Residential For Sale • 7,000 SF

Property Details

Property Type Storefront Retail Residential
Total Building Size 7,000 SF
Lot Size 0.12 AC
Building Class B
Year Built 2024
Tenancy Multiple
Zoning C-2

53 Transit Score

80 Walk Score

                
                    Highlights
                
                                Brand New FIX NO MORE - ALL LEASED OUT 7000 SF MIXED USED 3 STORES AND 2  3 Bedroom Apartments, One Storage Room 
                            
                                5 HVACs, 5 Hot Water Tanks with All  Separate Utilities situated in Busy Retail Area near White Castle, Popeye Chicken, Dunkin Donuts
                            
                                Perfect 1031 Exchange with No Headaches- Fix No More!  Brand New 7000 SF  Mixed Use Commercial Right on Heavy Traffic Road 
                            
                                Low Tax $5700, Lot Size= 5178 S.F.  Three Stores with 12 FT CELING HEIGHT, 2 Brand New 3 Bedroom Apartments

Property Flyers

1018-1020 South Orange Ave. Newark-Floor Plans_Marketing

Major Tenants

Tenant	SF Occupied	Lease End Date
APARTMEMT 2A & 2B	3,500 SF	5/14/2025
FAMER'S MARKET	1,800 SF	4/30/2034
GABBY HAIR SALON WITH BEAUTY SUPPLY	1,200 SF	1/31/2026
GOD IS GOOD THRIFT STORE	1,600 SF	4/30/2027

Amenities

Security System
Signage

Public Transportation

Commuter Rail	Drive	Walk	Distance
South Orange (Morris & Essex Gladstone Branch - NJ Transit Commuter Rail (NJ Transit), Morris & Essex Morristown Line - NJ Transit Commuter Rail (NJ Transit))	4 min	-	1.6 mi
Brick Church (Morris & Essex Gladstone Branch - NJ Transit Commuter Rail (NJ Transit), Morris & Essex Morristown Line - NJ Transit Commuter Rail (NJ Transit))	4 min	-	1.6 mi
Airport	Drive	Walk	Distance
Newark Liberty International	13 min	-	8.0 mi
LaGuardia	47 min	-	30.7 mi
John F Kennedy International	56 min	-	33.5 mi

Tommy Lee 917-576-1108 Prominent Properties Commercial

1018-1020 S Orange Ave Newark, NJ 07106 Lower Vailsburg