146 -148 Hudson St Newark, NJ $ 775,000
146 -148 Hudson St
$ 775,000
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146 -148 Hudson St

Newark, NJ, 07103
$ 775,000
Bedrooms-- Baths--

Monthly Estimate*

$ 4,772

146 -148 Hudson St, Newark, NJ 07103 - Image 1
146 -148 Hudson St, Newark, NJ 07103 - Image 2
146 -148 Hudson St, Newark, NJ 07103 - Image 3
146 -148 Hudson St, Newark, NJ 07103 - Image 4

Commercial Property for sale in Newark, NJ

for $775,000 with 3 half baths. This building was built in 1950 on a lot size of 0.14.

Welcome to this prime corner commercial property located in the sought-after University Heights section of Newark's Central Ward. This is an excellent opportunity to own a fully occupied mechanic shop investment property situated at the corner of Hudson Street and Hartford Street.The property features two tenant-occupied mechanic shop spaces. The Hudson Street side offers approximately 2,200 square feet plus an additional 300 square feet of office space. The Hartford Street side features approximately 1,500 square feet. The building also includes three half bathrooms.Property highlights include R-4 Residential Low-Rise zoning, a 60' x 100' lot size totaling approximately 6,000 square feet, and a building size of approximately 4,000 square feet. Conveniently located near major highways, Downtown Newark, Rutgers University, NJIT, University Hospital, and public transportation, with easy access to New York City.Business not included in the sale.

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Commercial Active

Price

$ 775,000

Half Bath

3

Property Type

Commercial

Taxes

$ 12,470

Style

Lot Size

0.14

Year Built

1950

Town/City

Newark

County/Region

Essex

MLS | Web ID

4005920

Features
General
Sewer Public Sewer
Construction Brick/Block
Heating 2 Units
Cooling No Cool
Utilities Gas-Natural
Possession At closing
Roof Flat
Zoning R-4
Garage Spaces 6
Year Built 1950
Township Newark City
Property Type See Remarks See Remarks
Tax Year 2024
Ownership Fee Simple
Location Corner
Gross Income 75900
County Essex
Net Operating Income 57430
Operating Expense 18470
MaintenanceExpense 0
Subdivision Name University Heights
Status Active
Directions Between West Market and Central Ave
Number Of Units Total 2
Tax Annual Amount 12470
Drive 2 Car Width Additional Parking Hard Surface
Leasable Area 300
Standard Status Active
Tax Assessed Value 327900
Town # 1614
Tax Lot 1
Cap Rate 7.50
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Interior
Flooring Concrete
Fuel Type Gas-Natural
Total Stories 1
Half Baths 3
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Exterior
Lot Features Open Lot
Water Source Public Water
Total Parking 6
Exterior Description Brick/Block See Remarks
Building Area Total 4000
Lot Dimensions 60 X 100
Lot Size Acres 0.14
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* Excluded Features
List By
Augusto Verissimo

Listing Agent

Newark - Weichert, Realtors® - Home City

Broker

Affordability Calculator

$5,811
Per Month
82%
18%
0%
Monthly Principal & Interest
$4,772
Monthly Property Taxes
$1,039
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
1/20/2026$775,000 Listed Price

Map


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146 -148 Hudson St, Newark, NJ, 07103 is a Commercial Property for sale at $775,000 with a lot size of 0.14. 146 -148 Hudson St was built in 1950. The property's zip code is 07103 which is in Newark, NJ