A new coordination polymer, {[Ni(dia)(oba)(H2O)]·H2O}n (1), was synthetized under hydrothermal conditions from the N-donor ancillary ligand, 9,10-di(1H-imidazol-1-yl)anthracene) (dia) and the flexible aromatic carboxylate, 4,4′-oxybis(benzoic acid) (oba) as organic linker. The two-dimensional framework of the polymer can be described as a 4-c uninodal net of topological type sql with point symbol {44.62}. The structure well exhibits the rich coordination chemistry of dia and oba ligands as connectors; interestingly, two carboxylate groups of the oba ligand show μ1:η2 and μ1:η1 bridging coordination modes, connecting two Ni(II) ions possessing a six-connected {NiN2O4} octahedral environment. EPR spectra for 1 were measured at different temperature and solvent. Variable temperature magnetic susceptibility confirms that a weak antiferromagnetic interaction among the Ni(II) ions exists. Thermal analysis has also been carried out to assess the thermal stability of 1 and its structural variation as a function of the temperature.