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198 Jefferson St Newark, NJ $ 859,000
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$ 859,000 Get more info
198 Jefferson St
$ 859,000
Back to search
Share Save

198 Jefferson St

Newark, NJ, 07105
$ 859,000
Bedrooms-- Baths-- Sq 2,500

Monthly Estimate*

$ 5,359

198 Jefferson St, Newark, NJ 07105 - Image 1
198 Jefferson St, Newark, NJ 07105 - Image 2
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198 Jefferson St, Newark, NJ 07105 - Image 10
198 Jefferson St, Newark, NJ 07105 - Image 11

Commercial Property for sale in Newark, NJ

for $859,000 with 4 half baths. This 2,500 square foot building was built on a lot size of 0.06.

Prime location in the heart of the Ironbound! This versatile mixed-use property features a retail/office storefront on the first floor ideal for a variety of uses such as office, medical, or retail. The second floor includes two apartments, providing great income potential. Excellent opportunity for investors or owner-occupants seeking a live/work setup. Conveniently located near major highways, transportation, shopping, and restaurants.

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Commercial Active

Price

$ 859,000

Half Bath

4

Property Type

Commercial

Taxes

$ 21,901

Style

MixedUse

Lot Size

0.06

Town/City

Newark

County/Region

Essex

MLS | Web ID

3997142
Features
General
Sewer Public Sewer
Construction Brick/Block
Heating See Remarks
Cooling See Remarks
Utilities Gas-Natural
Possession at closing
Roof Asphalt Shingle
Zoning commercial
Year Built 9999
Township Newark City
Property Type Mixed Use MixedUse
Tax Year 2024
Ownership Fee Simple
Location Residential Area
County Essex
Status Active
Directions Walnut st to Jefferson st.
Number Of Units Total 3
Tax Annual Amount 21901
Drive None
Leasable Area 0
Standard Status Active
Tax Assessed Value 575900
Town # 1614
Tax Lot 3
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Exterior
Water Source Public Water
Exterior Description Brick/Block
Building Area Total 2500
Lot Dimensions 25.9X100
Lot Size Acres 0.06
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Interior
Fuel Type Gas-Natural
Total Stories 2
Half Baths 4
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* Excluded Features
List By
MICHAEL ROSA

Listing Agent

Rosa Agency

Broker

Affordability Calculator

$7,184
Per Month
75%
25%
0%
Monthly Principal & Interest
$5,359
Monthly Property Taxes
$1,825
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
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/10/2025$859,000 Listed Price

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198 Jefferson St, Newark, NJ, 07105 is a Commercial Property for sale at $859,000 with 2,500 sqft and a lot size of 0.06. The property's zip code is 07105 which is in Newark, NJ

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