Listing Details

661 South 18th Street,Newark City, NJ 07103-1182

  • April 30, 2026

Description

Mixed-use investment opportunity featuring a well-located property comprised of four residential units and a ground-floor commercial space. The commercial unit is currently occupied by a convenience store, providing steady income, while one of the four residential apartments is leased with additional upside through lease-up of the remaining units.The property also includes a detached garage and private driveway, offering valuable off-street parking for tenants or additional rental potential. Ideal for investors seeking a value-add opportunity with existing income and strong future cash flow potential. Lease income details available upon request. The buyer will be responsible for verifying the bed count for the residential apartment units with the city.

Details

Last Updated On: April 30th, 2026 at 5:47 pm
Property ID:PT-39441078-AXZR
Offer Type:For Sale
Property Type:Mixed Use
Price: 999,900 $

Additional Details

Listing Details

Status: Active

Location

County: Essex
Lotsize: 5001
Property Type: Mixed Use
Lot Identifier: 29

Home Details

Location: Corner
Sale Includes: Building & Land
Roof Description: Flat
Number of Garage Spaces: 2
Number of Stories: 3
Number of Units: 5
Building SqFt: 8500
Parking Desc: 1 Car Width
Easement/Desc: Unknown
Basmnt/Desc: Yes - Unfinished
Block Identifier: 351
County Number: 16
Town Number: 1614
Possession: Settlement

Taxes, Fees & Assessments

For Sale Or Lease: For Sale
Documents Available: No Documents Available
Ownership: Fee Simple
Tax Amount: $19,003.00
Tax Year: 2025
Tax Rate: 3.999%
Tax Rate Year: 2025
Land Assessment: $60,000.00
Building Assessment: $4,397,000.00
Total Assessment: $499,700.00

Utilities

Heat Source: Gas-Natural
Heat System: Baseboard - Hotwater
Cool System: No Cool, Window A/C(s)
Water: Public Water
Sewer: Public Sewer
Utilities: Gas-Natural

Other

Zoning: 4C

Statistics

Schedule a Tour

Similar Listings

89 Market St,Paterson City, NJ 07505-1274

999,000 $

Market St, Paterson City, Passaic

615 E 22Nd St,Paterson City, NJ 07514-2842

1,600 $

E 22Nd St, Paterson City, Passaic

501 Westfield Ave,Westfield Town, NJ 07090-3300

3,000 $

Westfield Ave, Westfield Town, Union

Write a Review

999,900 $

Reset password

Enter your email address and we will send you a link to change your password.

Get started with your account

to save your favourite homes and more

Sign up with email

Get started with your account

to save your favourite homes and more

By clicking the «SIGN UP» button you agree to the Terms of Use and Privacy Policy
Powered by Estatik
Compare Properties
Add properties to compare.