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Susan Maryanski

Operator | Opulent Living | Keller Williams City Life

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304 S Orange Ave , Newark City, NJ 07103
$990,000
Est. Payment: $5,098.52/mo
0 Bed
3 Bath
3484 Sqft
Status: Active | Days on site: 2
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4129 - 285362,402477
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from Susan Maryanski, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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Susan Maryanski
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House Description

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.
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Highlights

Listed by CHERYL DARMANIN , MP and RASHAD DAVIS , MP KELLER WILLIAMS - NJ METRO GROUP , 973-783-7400. Garden State MLS

Property Type

Commercial Sale
Lot/Acreage
0.08

Year Built

1920

County

Essex

Listing ID

4043437

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:3
  • ▪ Full Bathrooms:
  • ▪ 1/2 Bathrooms:6
Air Cond:Window A/C(s)
Fireplaces:
Basement:Storage
Water:Public Water

Exterior Features

Lot:Corner
Lot Dimensions:41.8X87
Zoning:Mixed-Use
Roof:See Remarks
Others:
  • ▪ Additional:Brick/Block
Sewer:Public Sewer
Parking Features:On-Street Parking,Paver Block
Principal Interest
$5,099
Taxes
$927

Home Price

$990,000

Loan Details

30 yrs
6.677%

Down Payment

20%
$198,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$5,098.52

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,098.52 $927.08 $0.00 $6,025.61
Yearly $61,182.29 $11,125.00 $0.00 $72,307.29
Total $1,835,468.77 $333,750.00 $0.00 $2,169,218.77

Today's Rates

30 Year

6.68%

20 Year

6.59%

15 Year

6.04%

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Market insight data is pulled from the same city as the listing being viewed (Newark City, NJ).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Garden State MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-09-05T10:59:24.000Z

© 2026 Garden State MLS