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Active
  • $265,000

    25 Jacob St, Newark City, NJ 07103

    3beds
    4,000sqft
    : 
    Multi Family
    Built in ----
    -- sqft lot
    $-- Zestimate®
    $66/sqft
    $-- HOA

    What's special

    Open commercial layoutTwo restrooms
    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.
    11 days
    |
    2,238
    |
    78
    |

    Likely to sell faster than

    Zillow last checked: 16 hours ago

    Listing updated: March 23, 2026 at 01:22am

    Listed by:

    Jason Brown 908-333-2922,

    Identity Properties,

    Sylvia Turnage

    Source: GSMLS,MLS#: 4016012MLS Logo

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 1.2
      • Full bathrooms: 1
      • 1/2 bathrooms: 2
      Heating
      • 2 Units, Forced Air, See Remarks, Natural Gas
      Cooling
      • Has cooling: Yes
      Appliances
      • Included: See Remarks, Water Heater (See Remarks)
      Features
      • See Remarks, Bedrooms, Eat-In Kitchen, Kitchen, Living/Dining Room
      • Basement: Yes,Unfinished
      • Has fireplace: No
      Interior area
      • Total structure area: 4,000
      • Total interior livable area: 4,000 sqft

      Property

      Parking
      • Parking features: None
      Features
      • Exterior features: See Remarks
      Lot
      • Size: 2,613.6 Square Feet
      • Dimensions: 25 x 100
      Details
      • Parcel number: 1614003030000000100000

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Brick, See Remarks, Vinyl Siding
      • Roof: Flat,See Remarks
      Condition
      • Fixer

      Utilities & green energy

      • Gas: Gas-Natural
      • Sewer: Public Sewer, See Remarks
      • Water: Public
      • Utilities for property: Electricity Connected, Natural Gas Connected, See Remarks

      Community & HOA

      Community
      • Subdivision: West Ward
      Location
      • Region: Newark

      Financial & listing details

      • Price per square foot: $66/sqft
      • Tax assessed value: $349,500
      • Annual tax amount: $13,976
      • Date on market: 3/23/2026
      • Total actual rent: 19998
      • Tenant pays: Electricity, Gas, Tenant Pays Electric, Tenant Pays Gas
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,495/mo

        Price history

        Price history
        DateEventPrice
        3/23/2026Listed for sale$265,000-27.4%$66/sqft
        Source: NJMLS #26009488 Report a problem
        11/1/2025Listing removed$365,000$91/sqft
        Source: GSMLS #3950177 Report a problem
        9/28/2025Price change$365,000-23.2%$91/sqft
        Source: GSMLS #3950177 Report a problem
        4/22/2025Pending sale$475,000$119/sqft
        Source: GSMLS #3950177 Report a problem
        3/12/2025Price change$475,000-15.2%$119/sqft
        Source: GSMLS #3950177 Report a problem
        3/11/2025Listed for sale$560,000$140/sqft
        Source: GSMLS #3950177 Report a problem

        Public tax history

        Public tax history
        Tax history is unavailable.

        BuyAbility℠ payment

        Est. payment
        $1,777/mo
        Principal & interest
        $1331
        Property taxes
        $446
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          Climate risks

          Neighborhood: West Side

          Getting around

          84 / 100
          Very Walkable
          61 / 100
          Good Transit
          59 / 100
          Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Barringer
          • Middle: Camden
          • High: Barringer

          Source: GSMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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