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$1,280,000

  • For Sale
  • Active
  • Retail
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This is a great investment opportunity to own a mix-used building with high ROI in a nice neighborhood in Newark, NJ. The building was constructed in 2009 by current owner with a restaurant on first floor and three apartments (Studio, 1-bedroom, 2-bedroom) on second floor. The restaurant signed a 10 year lease, providing carryout and dine-in services. Apartments are newly painted and are rented now. Close to schools, hospital, parks, and airport. Easy access to major highways. Financial statements are available upon request.

Full Property Details for 1042-1044 Bergen St

General

  • Price: $1,280,000
  • Taxes: $13,916 (2022)
  • Status: Active
  • Type: Retail
  • Source: Garden_State
  • MLS ID: 3985662
  • Updated: 9/9/2025
  • Added to Site: 132 day(s) ago

Business

  • Includes: Building & Land

Interior

  • Flooring: Tile, Wood

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Restrooms: 4

Additional Information

  • Equipment: Appliances, Fire Alarm, Restrooms - Private, See Remarks, Sign - Building, Smoke Detector, Sprinkler System

Parking

  • Parking: On-Street Parking

Location

  • County: Essex
  • Driving Directions: Bergen St between Lyons Ave and Lehigh Ave
  • Location Details: Business District

Heating & Cooling

  • Cooling Type: 4+ Units, Central Air Conditioning, Multi-Zone Cooling
  • Heating Type: 4+ Units, Forced Hot Air, Multi-Zone
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water
  • Utility Description: Electric, Natural Gas

Structural Information

  • Construction: Brick/Block, Wood
  • Exterior Const.: Brick/Block, Vinyl Siding
  • Roof: Asphalt Shingles
  • Ceiling Height: 9
  • Door Dimensions: 9
  • Stories in Building: 2
  • Year Built: 2009

Unit Information

  • 1 Bedroom Units: 1
  • 2 Bedroom Units: 1
  • Units w/Full Bath: 3

Lot Features

  • Lot Size (Acres): 0.08
  • Lot Size: 38X90.5
  • Zoning: COM

Financial Considerations

  • Assessment Amount: $372,500
  • Land Assmt: $79,200
  • Tax Amount: $13,916
  • Tax Year: 2022
  • Pays Utilities: Tenant

Disclosures and Reports

  • Ownership: Fee Simple
  • Documents Avail.: See Remarks
  • APN: 1614-03659-0000-00020-0000-
  • Block: 3659
  • Lot Number: 20

Listed by Western-Eastern Realty

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Listing agent

— 1042-1044 Bergen St —

  • Western-Eastern Realty

973-830-2648

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1042-1044 Bergen St

School District:Newark City School District
NameGradesDistance
B.R.I.C.K. Peshine Academy
433 Peshine Avenue, Newark, NJ 07112
K-80.3 mi
George Washington Carver Elementary School
333 Clinton Place, Newark, NJ 07112
PK-80.5 mi
Belmont-Runyon Elementary School
1 Belmont Runyon Way, Newark, NJ 07108
K-80.7 mi
Chancellor Avenue Elementary School, Newark, NJ
321 Chancellor Avenue, Newark, NJ 07112
3-80.7 mi
Hawthorne Avenue Elementary School
428 Hawthorne Ave, Newark, NJ 07112
K-60.7 mi
Louise A. Spencer Elementary School
66 Muhammad Ali Avenue, Newark, NJ 07108
PK-81.5 mi
South Seventeenth Street Elementary School
619 South 17th Street, Newark, NJ 07103
K-41.8 mi
Thirteenth Avenue Elementary School
359 13th Avenue, Newark, NJ 07103
5-82.4 mi
Ivy Hill Elementary School
107 Ivy Street, Newark, NJ 07106
PK-82.6 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1042-1044 Bergen St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/08/2025
Listed
$1,280,000
276.47%
MLS
1/25/2007
Sold
$340,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1042-1044 Bergen St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$14,166
2%
$372,500
—
2022
$13,917
—
$372,500
—
2021
$13,890
33%
$372,500
—
2021
$10,467
-24%
$372,500
—
2018
$13,756
4%
$372,500
—
2017
$13,261
3%
$372,500
—
2016
$12,814
4%
$372,500
—
2015
$12,326
-12%
$372,500
—
2019
$14,010
27%
$372,500
—
2013
$11,000
—
$372,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 1042-1044 Bergen St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

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NMLS#: 1598647

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Listed by Western-Eastern Realty

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1042-1044 Bergen St, Newark, NJ 07112 (MLS# 3985662) is a Retail property. 1042-1044 Bergen St is currently listed for $1,280,000 and was received on September 08, 2025. Want to learn more about 1042-1044 Bergen St? Do you have questions about finding other Retail real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.

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