25 Jacob Street Newark, NJ $ 265,000
25 Jacob Street
$ 265,000
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25 Jacob Street

Newark, NJ, 07103
$ 265,000
Bedrooms3 Baths1.2

Monthly Estimate*

$ 1,632

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Multi-Family Home for sale in Newark, NJ

for $265,000 with 3 bedrooms and 1 full bath, 2 half baths.

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.

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Multi-Family Active

Price

$ 265,000

Bedrooms

3

Full Bath

1

Half Bath

2

Property Type

Multi-Family

Taxes

$ 13,976

Style

2 Family

Town/City

Newark

County/Region

Essex

MLS | Web ID

26009488

Features
General
Utilities See Remarks Electricity Connected Natural Gas Connected
Garage Spaces 0.0
Architectural Style 2 Family
Rooms None
County ESSEX
Property Type 2-4 Family
HOA N
Total Rooms 8
Full Baths 1
Status Active - Active
City Newark
Disclosures Seller's Agent Seller Disclosure - Yes
Year Built Details 1900-1939 Build Prior to 1978
Tax Annual Amount 13976.0
MLS Area Minor 400
Lease Considered Y/N N
Standard Status Active
Property Sub Type Additional Other
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Interior
Heating Y/N N
Half Baths 2
Laundry Features None
Total Bedrooms 3
Total Baths 3
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* Excluded Features

Affordability Calculator

$2,796
Per Month
58%
42%
0%
Monthly Principal & Interest
$1,632
Monthly Property Taxes
$1,165
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
843640 Elementary School
843641 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/23/2026$265,000 Listed Price

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25 Jacob Street, Newark, NJ, 07103 is a Multi-Family Home for sale at $265,000. 25 Jacob Street has 3 bedrooms and 1.2 baths. The property's zip code is 07103 which is in Newark, NJ