Mixed-Use Opportunity $990,000 | 8.0% Cap Rate | Mixed-Use | 6 Units | Newark West Side | REO / AS-IS Investment Highlights KW Commercial is pleased to present 304 S Orange Avenue, a stabilized mixed-use asset positioned on one of Newark's most active commercial corridors. This six-unit brick building delivers immediate cash flow through a diversified income stream of two ground-floor commercial units and four residential apartments — providing the built-in rent redundancy that pure multifamily or pure retail assets cannot offer. The Opportunity At $990,000 and an 8.0% going-in cap rate, this asset is priced at $165,000 per unit — a meaningful discount to replacement cost and one of the strongest yields available in the Essex County submarket. The property generates $10,700 per month in gross income ($128,400 annually), producing a Year 1 NOI of approximately $79,300 after vacancy and operating expenses. Location & Market South Orange Avenue is a primary arterial corridor connecting Newark's West Side to downtown, anchored by West Side County Park and well-served by NJ Transit including the Norfolk Street Light Rail Station approximately 1.2 miles away. Newark's ongoing investment in transit, development, and neighborhood infrastructure continues to attract investors priced out of Jersey City and Hoboken. Financing This asset is eligible for SBA 504 financing for an owner-occupant occupying a minimum 51% of one commercial unit. Conventional and portfolio lending also available. Contact listing broker for full pro forma and financing scenarios. REO / AS-IS — Inspection Contingency Notice This property is a recently acquired REO (bank-owned) asset. Seller is in the process of securing access to all units. All offers will be structured with a full physical inspection contingency to be exercised once seller confirms interior access. Buyer's due diligence period commences upon written confirmation of access. Property sold strictly AS-IS, WHERE-IS — no seller representations, warranties, or repairs. All income figures must be independently verified by Buyer. Do not contact tenants. Proof of funds required prior to showing.