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$775,000
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Property Description
Welcome to this prime corner commercial property located in the sought-after University Heights section of Newark's Central Ward. This is an excellent opportunity to own a fully occupied mechanic shop investment property situated at the corner of Hudson Street and Hartford Street.The property features two tenant-occupied mechanic shop spaces. The Hudson Street side offers approximately 2,200 square feet plus an additional 300 square feet of office space. The Hartford Street side features approximately 1,500 square feet. The building also includes three half bathrooms.Property highlights include R-4 Residential Low-Rise zoning, a 60' x 100' lot size totaling approximately 6,000 square feet, and a building size of approximately 4,000 square feet. Conveniently located near major highways, Downtown Newark, Rutgers University, NJIT, University Hospital, and public transportation, with easy access to New York City.Business not included in the sale.
Full Property Details
Full Property Details for 146 -148 Hudson St
General
- Price: $775,000
- Taxes: $12,470 (2024)
- Status: Active
- Type: Commercial
- Source: Garden_State
- MLS ID: 4005920
- Updated: 5/24/2026
- Added to Site: 172 day(s) ago
Business
- Includes: Building & Land
Interior
- Flooring: Concrete
Rooms
Bathrooms
- Total Bathrooms: 3
- Restrooms: 3
Additional Information
- Equipment: See Remarks
Exterior
- Color: Red
Parking
- Garage Spaces: 6
- Total Spaces: 6
- Parking: 2 Car Width, Additional Parking, Hard Surface
Location
- County: Essex
- Subdivision: University Heights
- Driving Directions: Between West Market and Central Ave
- Location Details: Corner
Heating & Cooling
- Cooling Type: No Cool
- Heating Type: 2 Units
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Natural Gas
Structural Information
- Construction: Brick/Block
- Exterior Const.: Brick/Block, See Remarks
- Roof: Flat
- Ceiling Height: 16
- Door Dimensions: 14
- Loading: None
- Stories in Building: 1
- Square Feet: 4,000
- Office: 300 Sq. Ft.
- Year Built: 1950
Lot Features
- Lot Size (Acres): 0.14
- Lot Size: 60 X 100
- Zoning: R-4
- Lot Description: Open Lot
Financial Considerations
- Price Per Sq. Ft.: $193
- Operating Expenses: $18,470
- Assessment Amount: $327,900
- Land Assmt: $202,400
- Tax Amount: $12,470
- Tax Year: 2024
- Pays Utilities: Other
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: See Remarks
- Disclosures: Yes
- APN: 1614-00415-0000-00001-0000-
- Block: 415
- Lot Number: 1
Listed by Weichert Realtors - Home City
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Schools
Schools serving 146 -148 Hudson St
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
Sussex Avenue Elementary School 307 Sussex Avenue, Newark, NJ 07107 | K-4 | 0.5 mi |
Thirteenth Avenue Elementary School 359 13th Avenue, Newark, NJ 07103 | 5-8 | 0.7 mi |
Camden Street Elementary School 281 Camden Street, Newark, NJ 07103 | PK-8 | 0.8 mi |
Barringer High School 90 Parker Street, Newark, NJ 07104 | 9-12 | 0.8 mi |
West Side High School 403 South Orange Avenue, Newark, NJ 07103 | 9-12 | 0.9 mi |
Central High School, Newark, NJ 250 18th Avenue, Newark, NJ 07103 | 9-12 | 1.1 mi |
Cleveland Elementary School 388 Bergen St, Newark, NJ 07103 | K-6 | 1 mi |
Lafayette Street Elementary School 205 Lafayette Street, Newark, NJ 07105 | K-8 | 1.5 mi |
Oliver Street Elementary School 86 Oliver Street, Newark, NJ 07105 | PK-8 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 146 -148 Hudson St
Date
Details
Price
Change
Source
1/17/2026
Listed
$775,000
474.07%
MLS
6/11/2004
Sold
$135,000
—
Public Record
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
Tax History for 146 -148 Hudson St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$13,113
7%
$327,900
—
2023
$12,224
—
$327,900
—
2022
$12,250
3%
$327,900
—
2021
$11,944
27%
$327,900
-6%
2021
$9,440
-27%
$350,000
—
2018
$12,926
4%
$350,000
—
2017
$12,460
3%
$350,000
—
2016
$12,040
4%
$350,000
—
2015
$11,582
-12%
$350,000
—
2019
$13,164
3%
$350,000
—
2013
$12,837
—
$350,000
—
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
Estimate the Cost for 146 -148 Hudson St
146 -148 Hudson St, Newark, NJ 07103 (MLS# 4005920) is a Commercial property. 146 -148 Hudson St is currently listed for $775,000 and was received on January 17, 2026. Want to learn more about 146 -148 Hudson St? Do you have questions about finding other Commercial real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.

