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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
                
                                - Reliable Revenue: Fully occupied with a strong tenant mix including three ground-floor retail storefronts and two oversized residential units.
                            
                                - The Residential Edge: Two massive 3-bedroom apartments featuring premium finishes, in-unit laundry, and central HVAC—high-demand features that comma
                            
                                - Operational Efficiency: 100% separate utilities (Electric, Gas, Water) ensure minimal landlord overhead.
                            
                                - Low Friction Ownership: Only 2 year old with zero deferred maintenance, a full sprinkler system, and exceptionally low property taxes

Property Flyers

1018-1020 South Orange Ave. Newark-Floor Plans_Marketing

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