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$265,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 3 Total Beds
  • Updated 1 day ago
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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.

Full Property Details for 25 Jacob St

General

  • Price: $265,000
  • Taxes: $13,976 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: Garden_State
  • MLS ID: 4016012
  • Updated: 3/23/2026
  • Added to Site: 2 day(s) ago

Interior

  • Number of Rooms: 8
  • Interior Features: See Remarks

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3

Exterior

  • Exterior Features: See Remarks
  • Color: Tan

Parking

  • Garage Description: None

Location

  • County: Essex
  • Subdivision: West Ward
  • Driving Directions: Springfield Avenue to Jacob Street

School Information

  • Elementary School: BARRINGER
  • Middle School: CAMDEN
  • High School: BARRINGER

Heating & Cooling

  • Cooling Type: No Cooling, See Remarks
  • Heating Type: 2 Units, Forced Hot Air, See Remarks
  • Heating Fuel: Natural Gas, See Remarks
  • Water Heater: See Remarks

Utilities

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

Structural Information

  • Architectural Style: Fixer Upper, See Remarks
  • Exterior Const.: Brick, See Remarks, Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Unfinished
  • Roof: Flat, See Remarks
  • Square Feet: 4,000
  • Year Built: 9999

Unit Information

Unit 1

  • Unit Description: See Remarks
  • Square Feet: 2000
  • Levels/Stories: 1
  • Total Bathrooms: 2

Unit 2

  • Unit Description: Bedrooms, Eat-In Kitchen, Kitchen, Living/Dining Room, See Remarks
  • Square Feet: 2000
  • Levels/Stories: 1
  • Total Bathrooms: 1
  • Bedrooms: 3

Lot Features

  • Lot Size (Acres): 0.06
  • Lot Dimensions: 25 x 100
  • Driveway/Sidewalk: None

Financial Considerations

  • Expenses: See Remarks
  • Operating Expenses: $9,999
  • Assessment Amount: $318,200
  • Land Assmt: $31,300
  • Tax Amount: $13,976
  • Tax Year: 2025

Disclosures and Reports

  • Disclosures: Yes
  • Block: 303
  • Lot Number: 10

Listed by Identity Properties

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Listing agent

— 25 Jacob St —

  • Identity Properties

908-333-2922

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Price & Sales History for 25 Jacob St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/22/2026
Listed
$265,000
-29.33%
MLS
8/31/2022
Sold
$375,000
—
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 25 Jacob St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$13,291
100%
$349,500
—
2022
100%
$349,500
—
2021
100%
$349,500
—
2019
-100%
$349,500
—
2016
$12,023
4%
$349,500
—
2015
$11,565
12%
$349,500
—
2013
$10,321
—
$349,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Identity Properties

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25 Jacob St, Newark, NJ 07103 (MLS# 4016012) is a Multi-Family property with 2 units containing 3 bedrooms, 1 full bathroom and 2 partial bathrooms. 25 Jacob St is currently listed for $265,000 and was received on March 22, 2026. Want to learn more about 25 Jacob St? Do you have questions about finding other Multi-Family 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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