1040 Bergen Street — Sale in Newark, NJ

  • Price: $330K
  • Listing type: For sale
  • Asset type: Business
  • Location: Newark, NJ 07112
  • Size: 3,600 SF
  • Year built: 1920

Investment Figures

Price per square foot
$92
Price per unit
$110,000 across 3 units

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Prime Mixed-Use Investment Opportunity – 1040 Bergen Street, Newark, NJ Unlock the potential of this versatile mixed-use property ideally positioned in Newark’s rapidly developing South Ward . Offering both commercial and residential components, this asset presents strong income potential and value-add upside for investors, owner-users, or developers. The ground floor features a spacious commercial unit with prominent street frontage—ideal for retail, professional office, or boutique café use . Above, two residential apartments provide consistent rental income or flexible live-work options. The property is being sold as-is , creating an opportunity to renovate, reposition, and increase equity in one of Newark’s fastest-growing neighborhoods. Located amid new development, rising property values, and strong rental demand , 1040 Bergen Street is perfectly poised for transformation and long-term growth. As-Is Sale Terms: Seller makes no warranties regarding C/O, violations, or occupancy. Outstanding taxes/water/sewer liens to be paid at closing. Title insurance required through ANS Title . Contact us today to schedule a private tour. Address: 1040 Bergen Street, Newark, NJ Asset Type: Mixed-Use (Retail + Residential) Zoning: Likely C-2 (Community Commercial / Mixed-Use Zone – confirm with City of Newark) Neighborhood: South Ward – near Clinton Hill / Bergen Street commercial corridor Condition: As-Is / Value-Add Price: Upon Request (value opportunity) Configuration: Ground Floor: Street-level commercial space – retail, office, or service use potential Upper Levels: (2) Residential units – strong local rental demand Total Units: 3 (1 commercial + 2 residential) Lot Size: To be confirmed Investment Highlights: Value-add opportunity through renovation or repositioning Mixed-use layout allows for multiple income streams Located in Newark’s growing South Ward corridor Surrounded by new housing and retail redevelopment Strong rental fundamentals and emerging retail demand Pr

Market Context

This commercial property in Newark, NJ is listed for sale at $330,000 across 3,600 SF ($92/SF). The building dates to 1920. It has been on the market for 70 days. Compare it against other commercial property listings for sale in Newark, NJ — view the full market.

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