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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
31278042
31278044

58 Kossuth St, Newark, NJ 07105 For Sale

SO
NJ 1751574
New and Modern Group
MD
NJ NJ 1864325, 1863425
Keller Williams Park Views
Listed by New and Modern Group, Keller Williams Park Views
$1,800,000
97 days on market
Updated 3 days ago
Opportunity zone

Ironbound Cash Flow Property

Details
Property Type Business for Sale, Mixed Use (+1)
Sub Type Business and Building
Square Footage 4,500
Units 3
Lease Term 1
Lease Expiration 04/02/2027
Remaining Term 0.7
Pro-Forma Cap Rate 8.26%
Price per SqFt $400
Year Built 4
Year Renovated 2020
Stories 2
Acreage 0.060
Investment Type Owner/User
Lease Commencement 04/02/2026
Occupancy Date 04/02/2026

Off-Market Deal Restaurant + 2 Units, Strong Returns

Marketing description

🏢 OFF-MARKET Mixed-Use Investment Opportunity | Newark, NJ

Investment highlights

Rare opportunity to acquire a fully renovated, income-producing mixed-use property in a strong rental market in Newark, NJ.

This asset has been successfully operating since 2007 and offers multiple streams of income, making it ideal for both investors and owner-users.

💰 Investment Highlights

• 🍽️ Established Restaurant (Operating Business)

Fully operational restaurant generating consistent cash flow

• 🏠 2 Residential Units

(2) Spacious 2-bedroom apartments – strong rental demand

• 🔥 Fully Renovated Building

Updated finishes throughout – minimal capital improvements needed

• 👨🍳 Finished Basement with Full Kitchen

Additional usable space with great potential

• 📈 Stable Income + Upside Potential

Perfect for passive income or owner-operator strategy

📊 Property Details

• Property Type: Mixed-Use

• Units: 3 Total (1 Commercial + 2 Residential)

• Apartment Layout: 2 Bedrooms Each

• Condition: Renovated

• Ownership: Since 2007

💲 Asking Price: $1,800.000

🚨 Off-Market Opportunity

This property is being offered off-market, providing investors the chance to secure a high-performing asset before it becomes widely available.

📞 For More Information

Serious inquiries only.

Contact Monica directly for financials, details, and showings:

📱 551-202-1604

Listing Contacts

SO
NJ 1751574
New and Modern Group
MD
NJ NJ 1864325, 1863425
Keller Williams Park Views
Listed by New and Modern Group, Keller Williams Park Views

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Additional Information

Name
Sandra Oliveira
License
1751574
Brokerage Phone
9084251875
Title
NJ
Name
Monica Dias
License
NJ 1864325
Brokerage
Keller Williams Park View
Brokerage Phone
551-202-1604
Title
Commercial Real Estate Agent
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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