$350,000
Newark, NJ 07103
MLS# 2501589
Status: Closed
1500 sqft
1 / 26
Property Description
Welcome to 63-65 Pierce Street—a updated, income-producing mixed-use property in the heart of Newark's rapidly developing corridor. Zoned C-2 (Community Commercial), this property offers exceptional flexibility for both investors and owner-users looking to establish themselves in one of the city's most dynamic neighborhoods. The ground floor features a spacious, street-level commercial space ideal for retail, office, or professional services, benefiting from strong foot traffic and visibility. Above, a beautifully updated two-bedroom, one-bath apartment offers modern finishes, an open layout, and great natural light—perfect for live/work use or reliable rental income. With all systems, finishes, and interiors recently renovated, this property is truly move-in ready. Located minutes from major highways, public transportation, and downtown Newark, it provides unmatched accessibility and long-term upside. Whether you're looking to launch a business, expand your portfolio, or secure a live/work setup in a growing market, 63-65 Pierce Street delivers both function and opportunity.
Details
Maps
Address/Legal
Section: N/A
Country: United States
Contract/Location Information
List Price/SqFt: 266
Sale/Lease: Sale
CofO: No
List Type: Exclusive Right to Sell
Owner Finance: No
General Property Info
# of Buildings: 1
Stories: 2
Taxes: 7247
Tax Abated: No
Lot Size SqFt: 3833
Year Built Info: Approx
Lot Dim: 99x39
Irregular: No
Air Conditioner: Central
Condition: Excellent
# of Parking Spaces: 0
# of Residential Units: 1
# of Commercial Units: 1
# of Mfg Units: 0
# of Medical Units: 0
# of Non-Conform Units: 0
Public Remarks: Welcome to 63-65 Pierce Street—a updated, income-producing mixed-use property in the heart of Newark's rapidly developing corridor. Zoned C-2 (Community Commercial), this property offers exceptional flexibility for both investors and owner-users looking to establish themselves in one of the city's most dynamic neighborhoods.
The ground floor features a spacious, street-level commercial space ideal for retail, office, or professional services, benefiting from strong foot traffic and visibility. Above, a beautifully updated two-bedroom, one-bath apartment offers modern finishes, an open layout, and great natural light—perfect for live/work use or reliable rental income.
With all systems, finishes, and interiors recently renovated, this property is truly move-in ready. Located minutes from major highways, public transportation, and downtown Newark, it provides unmatched accessibility and long-term upside.
Whether you're looking to launch a business, expand your portfolio, or secure a live/work setup in a growing market, 63-65 Pierce Street delivers both function and opportunity.
Year Built: 1
Building SqFt: 1500
Status Change Info
Projected Close Date: 2025-07-07
Pending Date: 2025-06-16
Sold Date: 2025-07-09
Sold Price: $350,000
Sewer
City: 1
Electric
220: 1
Showing Instructions
Call Agent: 1
Heat Source
Gas: 1
Heat System
Forced Air: 1
Electric Meters
Individual: 1
Gas Meters
Individual: 1
Income & Expense
Gross Income: 0
Total Expense: 0
Net Income: 0
Features
House of Worship: 1
Mixed Use: 1
Office: 1
Office/Warehouse: 1
Retail: 1
Building Info
Building Available SqFt: 1500
Retail Available SqFt: 1500
Sprinklers: No
Construction
Frame: 1
AddressLegal
Street No.: 63-65
Street Name: Pierce
Street Suffix: Street
County: Essex
State: NJ
Zip Code: 07103
Area Name: Newark
Parcel ID: 02619-032
ContractLocation Information
Status: Closed
Marketing/Listing Date: 2025-03-26
Sold Price: $350,000
Current Price: $350,000
Sub-Type: Commercial
Zoning: C-2
Block: 02619
Lot: 032
Property Features
Electric Meters: Individual
Gas Meters: Individual
Heat Source: Gas
Heat System: Forced Air
Showing Instructions: Call Agent
Electric: 220
Features: House of Worship; Mixed Use; Office; Office/Warehouse; Retail
Construction: Frame
Listing Office: American Homes Group
Last Updated: July - 09 - 2025
Listing data provided courtesy of Staten Island Multiple Listing Service. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.