$265,000

25 Jacob Street, Newark, NJ 07103

  • Property Icon Commercial Property
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 2 days ago

Property 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.

Listing Status:
Active
Date Added:
March 22, 2026
Data Last Updated:
March 24, 2026 at 1:58PM
Listing Office:
iDentity Properties : 833-443-3684
Listing Agent:
Jason Brown : 908-937-4667
MLS ID:
26009487
  • Heating: GasSteam
  • County: ESSEX
  • Utilities: O/See RmksSep ElecSep Gas
  • Ownership: Private

This listing courtesy of Jason Brown , iDentity Properties

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

H

Harriet Tubman Elementary School

504 S 10th St, Newark, NJ, 07103

Grades PK-6

0.10 miles away

C

Camden Street Elementary School

281 Camden St, Newark, NJ, 07103

Grades PK-8

0.30 miles away

B

Bard Early College High School

321 Bergen St, Newark, NJ, 07103

Grades 9-12

0.31 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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