Date
Details
Price
Change
Source
4/13/2026
Listed
$1,300,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/18
$1,300,000
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1/18
Property Description
Income-producing mixed-use asset featuring 6 residential units and 2 street-level retail spaces on a high-traffic corridor. Strong in-place cash flow with additional upside through lease-up and rent optimization. Value-add opportunity with select units offering below-market rents and vacancy allowing for strategic repositioning.Efficient layout with separate utilities supports streamlined operations and expense control. Retail frontage provides visibility and diversified income stream.Located near major transportation, public transit, and neighborhood amenities, supporting consistent rental demand. Ideal for investors seeking a stabilized asset with near-term upside potential in a growing urban market.
Full Property Details
Full Property Details for 358-360 S Orange Ave
General
- Price: $1,300,000
- Taxes: $42,489 (2025)
- Status: Active
- Type: Commercial
- Source: Garden_State
- MLS ID: 4020133
- Updated: 4/13/2026
- Added to Site: 50 day(s) ago
Business
- Includes: Building & Land
Rooms
Bathrooms
- Total Bathrooms: 6
- Restrooms: 8
Additional Information
- Equipment: Appliances
Parking
- Parking: None
Location
- County: Essex
- Driving Directions: South Orange Ave and S 10th St
- Location Details: Residential Area
Heating & Cooling
- Cooling Type: Window A/C(s)
- Heating Type: 4+ Units, Forced Hot Air
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Available
- Water: Public Water
- Utility Description: Electric, Natural Gas
Structural Information
- Construction: Brick/Block
- Exterior Const.: Brick/Block
- Basement: Yes
- Basement Desc.: Unfinished
- Roof: Flat
- Ceiling Height: 10
- Stories in Building: 4
- Square Feet: 8,000
- Aprox. Leasable: 8,000 Sq. Ft.
Unit Information
- 3 Bedroom Units: 3
- Units w/Full Bath: 6
Lot Features
- Lot Size (Acres): 0.06
- Lot Size: 40.6 X68.2
- Zoning: C-2
Financial Considerations
- Expenses: Insurance, Maintenance - Interior, Property Management, Taxes, Water/Sewer
- Operating Expenses: $78,000
- Assessment Amount: $1,062,500
- Land Assmt: $42,000
- Tax Amount: $42,489
- Tax Year: 2025
- Owner Pays: Water
- Tenant Pays: Electric, Heat
- Pays Utilities: Tenant
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: No Documents Available
- APN: 1614-00267-0000-00012-0002-
- Block: 267
- Lot Number: 12.02
Listed by Mig Real Estate
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Listing agent
— 358-360 S Orange Ave —
Mig Real Estate
973-771-5170
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 358-360 S Orange Ave
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
Thirteenth Avenue Elementary School 359 13th Avenue, Newark, NJ 07103 | 5-8 | 0.2 mi |
Camden Street Elementary School 281 Camden Street, Newark, NJ 07103 | PK-8 | 0.4 mi |
Harriet Tubman Elementary School 504 South 10th Street, Newark, NJ 07103 | PK-4 | 0.4 mi |
West Side High School 403 South Orange Avenue, Newark, NJ 07103 | 9-12 | 0.2 mi |
Central High School, Newark, NJ 250 18th Avenue, Newark, NJ 07103 | 9-12 | 0.8 mi |
Barringer High School 90 Parker Street, Newark, NJ 07104 | 9-12 | 1.5 mi |
Cleveland Elementary School 388 Bergen St, Newark, NJ 07103 | K-6 | 0.6 mi |
South Seventeenth Street Elementary School 619 South 17th Street, Newark, NJ 07103 | K-4 | 0.6 mi |
Fourteenth Avenue Elementary School 26 Speedway Avenue, Newark, NJ 07106 | K-4 | 0.7 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 358-360 S Orange Ave
Estimate the Cost
Estimate the Cost for 358-360 S Orange Ave
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Sold by Realty of America LLC
Sold by Realty of America LLC
358-360 S Orange Ave, Newark, NJ 07103 (MLS# 4020133) is a Commercial property. 358-360 S Orange Ave is currently listed for $1,300,000 and was received on April 13, 2026. Want to learn more about 358-360 S Orange Ave? 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.