25 Jacob St

Newark City, NJ 07103


 

Price: $265,000

GSMLS:  4016012
Type: Multi-Family
Style: Fixer Upper, See Remarks
Total Units: 2
Beds: 3
Baths: 1 Full & 2 Half
Garage: No
Year Built: Unknown
Acres: 0.06
Property Tax: $13,976
Description
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.
General Info
Style:
Fixer Upper, See Remarks
SqFt Building:
4,000
Total Rooms:
8
Basement:
Yes - Unfinished
Interior:
See Remarks
Roof:
Flat, See Remarks
Exterior:
Brick, See Remarks, Vinyl Siding
Lot Size:
25X100
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
None
Parking:
None
Spaces Available:
n/a
Unit 1
Bedrooms:
n/a
Bathrooms:
2
Total Rooms:
1
Room Description:
See Remarks
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
See Remarks
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
Handicap:
No
Unit 2
Bedrooms:
3
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Eat-In Kitchen, Kitchen, Living/Dining Room, See Remarks
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
See Remarks
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
Handicap:
No
Unit 3
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
2 Units, Forced Hot Air, See Remarks
Heating Fuel:
Gas-Natural, See Remarks
Cooling:
None,SeeRem
Water Heater:
See Remarks
Water:
Public Water
Sewer:
Public Sewer, See Remarks
Utilities:
Electric, Gas-Natural, See Remarks
Services:
n/a
School Information
Elementary:
BARRINGER
Middle:
CAMDEN
High School:
BARRINGER
Community Information
County:
Essex
Town:
Newark City
Neighborhood:
West Ward
Financial Considerations
List Price:
$265,000
Tax Amount:
$13,976
Land Assessment:
$31,300
Build. Assessment:
$318,200
Total Assessment:
$349,500
Tax Rate:
4.00
Tax Year:
2025
Listing Information
MLS ID:
4016012
List Date:
03-22-2026
Days On Market:
1
Listing Broker:
IDENTITY PROPERTIES
Listing Agent:
Jason Brown
 

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