Back on Market Buyer Failure to perform. Opportunity Knocks- Sold " AS IS " Huge multifamily home with six Apartments on double Lot. Lot 41 & Lot 42 - 4 car garage in need of repairs plus extra parking. Great for investors and Developers this is a unique opportunity money-making property.Big potential Upper Clinton Hill Area of Newark .Three Apartments have 2 bedroom / 1 bath. Three apartments have 1 bedroom /1 bath .Each unit is thougtfully designed to maximize space and natural light, ensuring a comfortable and inviting living environment.Living here offers a variety of nearby experiences to enjoy.Located just two miles outside of Downtown Newark, and closer to major Highways and Newark Airport.
Outstanding investment opportunity in the heart of Newark, NJ. This multi-functional 2,381 square-foot property, located at 282 Chancellor Ave, is for sale and it's an asset you don't want to miss. Featuring a unique blend of two commercial units and one residential rental unit, this property is ideal for both seasoned investors and new entrants looking to make a mark in the commercial real estate market. The commercial spaces are versatile, catering to an array of business needs - from retail outlets to professional offices or service businesses. In addition, the property includes residential rental unit, with potential to split into 2 units. Perfect for attracting long-term tenants or offering a unique live-work arrangement.
The median home value in Newark, NJ is $385,700. This is lower than the county median home value of $498,800. The national median home value is $338,100. The average price of homes sold in Newark, NJ is $385,700. Approximately 21.1% of Newark homes are owned, compared to 69.8% rented, while 9.11% are vacant. Newark real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Newark real estate agent to arrange a tour today!
Newark, New Jersey 07112 has a population of 306,247. Newark 07112 is less family-centric than the surrounding county with 21.55% of the households containing married families with children. The county average for households married with children is 30.18%.
The median household income in Newark, New Jersey 07112 is $41,335. The median household income for the surrounding county is $67,826 compared to the national median of $69,021. The median age of people living in Newark 07112 is 34.7 years.
The average high temperature in July is 86 degrees, with an average low temperature in January of 22.7 degrees. The average rainfall is approximately 47.5 inches per year, with 26.1 inches of snow per year.