1040 Bergen St Newark, NJ $ 329,000
1040 Bergen St
$ 329,000
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1040 Bergen St

Newark, NJ, 07112
$ 329,000
Bedrooms-- Baths-- Sq 3,600

Monthly Estimate*

$ 2,053

1040 Bergen St, Newark, NJ 07112 - Image 1
1040 Bergen St, Newark, NJ 07112 - Image 2
1040 Bergen St, Newark, NJ 07112 - Image 3
1040 Bergen St, Newark, NJ 07112 - Image 4
1040 Bergen St, Newark, NJ 07112 - Image 5
1040 Bergen St, Newark, NJ 07112 - Image 6
1040 Bergen St, Newark, NJ 07112 - Image 7

Commercial Property for sale in Newark, NJ

for $329,000 with 3 half baths. This 3,600 square foot building was built in 1920 on a lot size of 0.05.

Prime Mixed-Use Investment Opportunity in the Growing Weequahic section of Newark, NJ. Discover the potential of this versatile mixed-use building, perfectly positioned in a rapidly developing South Ward. Featuring a ground-floor commercial space and two residential units above, this property offers a fantastic opportunity for investors, business owners, or those looking to add value through renovation. Main Floor: Spacious commercial unit with street frontage ideal for retail, office, or a boutique cafe . Upper Levels: Two residential units, perfect for rental income or live-work flexibility. Opportunity to Add Value: The property needs work, presenting the perfect chance for customization and increased equity. Prime Location: Situated in a high-growth area with rising property values, new developments, and strong rental demand. With the right vision and updates, this property can generate multiple streams of income and become a standout asset in your portfolio. Don't miss this rare investment opportunity!As-Is ConditionSeller makes no warranties regarding C/O, outstanding Violations, OccupantsNo ContingenciesOpen/Outstanding Real Estate Taxes and/or Water/Sewer liens to be paid by Seller at ClosingANS Title required for Title Insurance

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Commercial Pending

Price

$ 329,000

Half Bath

3

Property Type

Commercial

Taxes

$ 7,054

Style

Store With Apartment

Lot Size

0.05

Year Built

1920

Town/City

Newark

County/Region

Essex

MLS | Web ID

3952043

Features
General
Sewer Public Sewer
Construction Wood
Heating 1 Unit
Cooling Window A/C(s)
Utilities Gas In Street
Possession Immediate
Roof Wood Shingle
Zoning RDV
Garage Spaces 0
Year Built 1920
Township Newark City
Property Type Mixed Use Office/Retail Store With Apartment Store With Apartment
Tax Year 2024
Ownership Fee Simple
Location Business District
County Essex
Status Under Contract
Directions 78 East to Irvington to Chancellor to Bergen.
Number Of Units Total 3
Tax Annual Amount 7054
Drive None On-Street Parking
Leasable Area 1500
Standard Status Under Contract
Tax Assessed Value 185500
Town # 1614
Tax Lot 21
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Interior
Basement Unfinished
Fuel Type Gas-Natural
Total Stories 3
Half Baths 3
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Exterior
Water Source Public Water
Total Parking 0
Exterior Description Aluminum Vinyl
Building Area Total 3600
Lot Dimensions 25X90.5
Lot Size Acres 0.05
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* Excluded Features
List By
CHERYL DARMANIN

Listing Agent

Keller Williams - Nj Metro Group

Broker

cheryl@darmgrp.com

Email

Affordability Calculator

$2,640
Per Month
78%
22%
0%
Monthly Principal & Interest
$2,053
Monthly Property Taxes
$588
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/1/2025$329,000 -9.86% Price Down
6/5/2025$365,000 -26.85% Price Down
3/20/2025$499,000 Listed Price

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1040 Bergen St, Newark, NJ, 07112 is a Commercial Property for sale at $329,000 with 3,600 sqft and a lot size of 0.05. 1040 Bergen St was built in 1920. The property's zip code is 07112 which is in Newark, NJ