# 304 S Orange Ave, Newark City, NJ 07103 > **TL;DR:** other, $990,000, built 1920. Est. $5,295/mo. Listed 97 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $990,000 | | Year Built | 1920 | | Lot Size | 3,485 sqft (0.08 acres) | | Property Type | Other (Other) | | Status | Active | | Days on Market | 97 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $5,006 | | Estimated Insurance | $289 | | **Total** | **$5,295** | ## Property Highlights - Built in 1920 - 0.08 acre lot ## Description ### Agent 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. ## Location - **Address:** 304 S Orange Ave, Newark City, NJ 07103 - **County:** Essex - **Coordinates:** 40.73945, -74.19743 - **Google Maps:** https://www.google.com/maps?q=40.73945,-74.19743 ## Listing Agent - **Name:** CHERYL DARMANIN - **Brokerage:** NJ Metro Group LLC - **Broker Phone:** (973) 783-7400 ## Photos ![304 S Orange Ave - Photo 1](http://lh.rdcpix.com/e040ccd6adf2c0df2a550e2158791b59l-f3865062463r.jpg) ![304 S Orange Ave - Photo 2](http://lh.rdcpix.com/e040ccd6adf2c0df2a550e2158791b59l-f1773808535r.jpg) ![304 S Orange Ave - Photo 3](http://lh.rdcpix.com/e040ccd6adf2c0df2a550e2158791b59l-f3155233929r.jpg) ![304 S Orange Ave - Photo 4](http://lh.rdcpix.com/e040ccd6adf2c0df2a550e2158791b59l-f1747120989r.jpg) ![304 S Orange Ave - Photo 5](http://lh.rdcpix.com/e040ccd6adf2c0df2a550e2158791b59l-f4165774322r.jpg) ![304 S Orange Ave - Photo 6](http://lh.rdcpix.com/e040ccd6adf2c0df2a550e2158791b59l-f3753911940r.jpg) ![304 S Orange Ave - Photo 7](http://lh.rdcpix.com/e040ccd6adf2c0df2a550e2158791b59l-f2778422391r.jpg) ![304 S Orange Ave - Photo 8](http://lh.rdcpix.com/e040ccd6adf2c0df2a550e2158791b59l-f724934679r.jpg) --- **MLS#:** 4043437 | **Updated:** 2026-10-24 **Source:** listhub *Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://staging.propertysimple.ai/listing/304-s-orange-ave-newark-city-nj-07103-4273201124eb44c8a13718957c414cdc) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://staging.propertysimple.ai/listing/304-s-orange-ave-newark-city-nj-07103-4273201124eb44c8a13718957c414cdc#listing", "url": "https://staging.propertysimple.ai/listing/304-s-orange-ave-newark-city-nj-07103-4273201124eb44c8a13718957c414cdc", "name": "304 S Orange Ave, Newark City, NJ 07103", "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. 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