304 S Orange Ave #0, Newark, NJ, 07103
About This Home
Rare mixed-use investment opportunity on high-traffic S Orange Avenue in Newark's established West Side corridor.This well-maintained brick building offers two street-level commercial spaces plus four residential units ideal for anowner-user or pure income investor. Kitchens and baths updated within the last 10 years. Additional storage inbasement and private paved backyard. Separate utilities. Gross monthly income of $10,700. Priced at a compelling8.0% cap rate one of the strongest going-in yields available in Essex County today. Minutes to downtown Newark,NJ Transit, and major highways. REO (bank-owned) property. Seller is in the process of securing access to all units. All offers accepted subject tofull physical inspection contingency, to be scheduled once interior access is obtained. Buyer's due diligenceperiod commences upon written confirmation of unit access. Property sold strictly AS-IS. Seller will make norepairs. All income figures must be independently verified by Buyer. Proof of funds or pre-qualification requiredprior to showing. Do not disturb tenants.
Getting Around
Very Walkable
Good Transit
BikeableSchools
Construction
Condition
- Year built: 1920
Materials
- Roof: See Remarks
- Construction materials: Brick/Block
Type & Style
- Home type: Apartment
- Property subType: Apartment
Interior
Basement
- Has basement: Yes
- Basement: Yes,Storage Space
Bedrooms & Bathrooms
- Bathrooms: 6
Features
- Door features: Max Door Height: 0
Heating & Cooling
- Heating features: Radiators - Hot Water,Radiators - Steam,Natural Gas
- Cooling features: Window Unit(s)
Interior Area
- Total structure area: 3,484
- Total interior livable area: 3,484 sqft
Property
Details
- Parcel number: 1614002700000000010000
- Attached to another structure: Yes
- Zoning description: Mixed-Use
- Other equipment: See Remarks
Features
- Stories: 3
Lot
- Lot size: 3,484 sqft
- Features: Corner Lot,Freestanding,See Remarks
- Lot size dimensions: 41.8 x 87
Parking
- Parking features: On-Street Parking,Paver Block
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Heat Wave
- Cold Wave
- Strong Wind
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across New Jersey Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $5,005 | $60,060 |
| Home Insurance * | $700 | $8,400 |
| Property Taxes | $1,732 | $20,784 |
| Electricity | $384 | $4,608 |
| Total | $7,821 | $93,852 |
Income You'd Need if You Spent...
New Jersey FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-29 | Listed for sale | $990,000 |
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