LOCATED NEXT TO NEW LIONSGATE STUDIO DEVELOPMENT! Prime Mixed-Use Commercial Building in Newark. Exceptional opportunity to own a mixed-use gem in the heart of Newark! This well-maintained building features a dynamic blend of commercial and residential spaces. The property includes a stylish cigar lounge on the ground floor, offering a unique and upscale amenity, along with a spacious warehouse space ideal for storage, logistics, or business operations. Above, you'll find six residential units, providing steady rental income and long-term investment potential. Located in a prime area of Newark, this property benefits from high foot traffic, excellent visibility, and proximity to public transportation, major highways, and Shopping centers. Whether you're looking to expand your investment portfolio or establish your business in a high-demand area, this building offers versatility, income, and location all in one. Highlights: One established cigar lounge. One large warehouse space. Six income-producing residential units Prime Newark location with excellent accessibility.
2 Car Width, Driveway-Exclusive, Off-Street Parking
CITY
Newark City
COUNTY
Essex
STATE
NJ
TAX AMOUNT
10222.0
LATEST UPDATE
2026-04-24T17:21:06.253Z
DAYS ON MARKET
107
PRICE CHANGE(S)
$1,450,000 Apr 24, 2026
Property Details
Property TypeCommercial
StatusActive
Property Sub TypeMixedUse
Square Feet11,650
MLS #4003851
Bathrooms (Half)8
HeatingSee Remarks
CoolingSee Remarks
Utility FeaturesGas-Natural
SEWERPublic Sewer
WATER SOURCEPublic Water
Year Built9999
RoofFlat
EXTERIOR FEATURESBrick/Block
Parking Features2 Car Width, Driveway-Exclusive, Off-Street Parking
CITYNewark City
COUNTYEssex
STATENJ
TAX AMOUNT10222.0
LATEST UPDATE2026-04-24T17:21:06.253Z
DAYS ON MARKET107
PRICE CHANGE(S)
$1,450,000 Apr 24, 2026
Market Trends
New Properties On Market
11
15%
Decrease In New Listings
Average Asking Price
$496,690
$138,817 Decrease In Avg Asking Price
Average Asking Price / Sq. Ft.
$134
$263 Decrease In List Price/Sq. Ft.
Average Days On Market
9
Data as of Jun 04, 2026.
Remaining statistics above are calculated on activity within the period from Apr 01, 2026 to May 31, 2026.
Mortgage Calculator
The information provided by this calculator is for illustrative purposes only and accuracy is not guaranteed. The values and figures shown are hypothetical and may not be applicable to your individual situation. Be sure to consult a financial professional prior to relying on the results. This calculator does not have the ability to pre-qualify you for any mortgage or loan program. Qualification for mortgages or loans requires additional information such as credit scores and existing debts which is not gathered in this calculator. Information such as interest rates and pricing are subject to change at any time and without notice. All information such as interest rates, taxes, insurance, monthly mortgage payments, etc. are estimates and should be used for comparison only.