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$900,000
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Property Description
Six-unit mixed-use investment opportunity located on South Orange Avenue in Newark. The property features a newly renovated vacant storefront on the main level with five residential apartments above. The residential units are currently occupied by month-to-month tenants, offering flexibility for the next owner. Apartments are generally configured as approximately two-bedroom layouts, with some units potentially reconfigured into three-bedroom layouts, subject to permits and approvals. This property offers strong income-producing potential with storefront visibility, residential income, and upside for the right investor. Property is being sold as-is, preferably with existing tenants in place.
Full Property Details
Full Property Details for 620 S Orange Ave
General
- Price: $900,000
- Taxes: $12,776 (2025)
- Status: Active
- Type: Commercial
- Source: Garden_State
- MLS ID: 4025716
- Updated: 5/6/2026
- Added to Site: 27 day(s) ago
Business
- Includes: Building & Land
Interior
- Flooring: Vinyl-Linoleum
Rooms
Bathrooms
- Total Bathrooms: 6
- Restrooms: 6
Additional Information
- Equipment: Appliances, Smoke Detector
Parking
- Parking: None, On-Street Parking
Location
- County: Essex
- Driving Directions: Follow Garden State Pkwy N to Eastern Pkwy in Irvington. Take exit 144 from Garden State Pkwy N
- Location Details: Business District
Heating & Cooling
- Cooling Type: 1 Unit, Ductless Split AC
- Heating Type: 4+ Units, Baseboard - Hotwater, Heat Pump
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Natural Gas, Garbage Included
Structural Information
- Construction: Brick/Block
- Exterior Const.: Brick/Block
- Basement: Yes
- Basement Desc.: Unfinished, Walk-Out
- Roof: Flat, Rubberized
- Ceiling Height: 8
- Door Dimensions: 80
- Loading: None
- Stories in Building: 3
- Square Feet: 7,287
- Aprox. Leasable: 7,287 Sq. Ft.
- Office: 620 Sq. Ft.
Lot Features
- Lot Size (Acres): 0.06
- Lot Size: 24.10X100
- Zoning: Mixed Use
Financial Considerations
- Price Per Sq. Ft.: $123
- Assessment Amount: $319,500
- Land Assmt: $52,800
- Tax Amount: $12,776
- Tax Year: 2025
- Owner Pays: Sewer, Snow Removal, Trash Removal, Water
- Tenant Pays: Cable T.V., Electric, Gas, Heat, Hot Water
- Pays Utilities: Tenant
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: See Remarks
- Disclosures: Yes
- APN: 1614-04004-0000-00005-0000-
- Block: 4004
- Lot Number: 5
Listed by Epique Realty
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Schools
Schools serving 620 S Orange Ave
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
Speedway Academies 701 South Orange Avenue, Newark, NJ 07106 | PK-8 | 0.2 mi |
Thirteenth Avenue Elementary School 359 13th Avenue, Newark, NJ 07103 | 5-8 | 0.8 mi |
Camden Street Elementary School 281 Camden Street, Newark, NJ 07103 | PK-8 | 1.1 mi |
West Side High School 403 South Orange Avenue, Newark, NJ 07103 | 9-12 | 0.5 mi |
Central High School, Newark, NJ 250 18th Avenue, Newark, NJ 07103 | 9-12 | 1.4 mi |
Barringer High School 90 Parker Street, Newark, NJ 07104 | 9-12 | 1.9 mi |
Lincoln Elementary School, Newark, NJ 87 Richelieu Terrace, Newark, NJ 07106 | K-8 | 1.2 mi |
Cleveland Elementary School 388 Bergen St, Newark, NJ 07103 | K-6 | 1.3 mi |
Ivy Hill Elementary School 107 Ivy Street, Newark, NJ 07106 | PK-8 | 1.4 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 620 S Orange Ave
Date
Details
Price
Change
Source
5/06/2026
Listed
$900,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 620 S Orange Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$12,151
2%
$319,500
—
2023
$11,911
—
$319,500
—
2022
$11,937
—
$319,500
—
2021
$11,930
33%
$319,500
—
2021
$8,994
-24%
$319,500
—
2018
$11,799
4%
$319,500
—
2017
$11,374
3%
$319,500
—
2016
$10,991
4%
$319,500
—
2015
$10,572
-12%
$319,500
—
2019
$12,016
21%
$319,500
—
2014
$9,908
—
$319,500
—
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
Estimate the Cost for 620 S Orange Ave
620 S Orange Ave, Newark, NJ 07106 (MLS# 4025716) is a Commercial property. 620 S Orange Ave is currently listed for $900,000 and was received on May 06, 2026. Want to learn more about 620 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.

