Newark NJ Multi Family for Sale
$580,000
667 15th Street Newark, NJ 07103
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Courtesy: Lifestyle International Realty
732-943-4908
ADDITIONAL INFORMATION
$749,900
316 W RUNYON ST Newark, NJ 07108
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- 7
- Lot size:
- 0.05 Acres
- Year built:
- 2024
- Baths:
- 5.00
- MLS#:
- 3948950
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Courtesy: FLOROSTONE REALTY INC.
908-445-5339
ADDITIONAL INFORMATION
WOW!! New construction completed in Sep 2024! Ready to move in beautiful house, multiple upgrades, highend finishes throughout, state of the art modern kitchen with quartz countertops, washer/dryer, stainless steel appliances, all seperate utilites, partial finished basement with additional rooms and bath. Close to shopping, public transportation and so much more!! First Floor Offers: Open concept eat in kitchen, living room/dining room, 3 bedrooms, and 2 full baths. Second Floor Offers: Open concept eat in kitchen, living room/dining room, 3 bedrooms, and 2 full baths. Ground Floor Offers: Large room and bath. PROPERTY COMES WITH A 5-YEAR TAX ABATEMENT.
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Courtesy: Keller Williams Realty - NJ Metro Group
973-783-7400
ADDITIONAL INFORMATION
$720,000
814 S 20TH ST Newark, NJ 07108
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- 6
- Lot size:
- 0.08 Acres
- Year built:
- 1967
- Baths:
- 3.00
- MLS#:
- 3948720
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Courtesy: KELLER WILLIAMS - NJ METRO GROUP
973-783-7400
ADDITIONAL INFORMATION
Don't miss this incredible opportunity to own a renovated multi-unit home in a prime location! This beautifully updated property features 2 separate apartments, making it perfect for rental income potential! Each apartment consists of 3 bedrooms and 1 bathroom. The finished basement adds even more flexibility, complete with an additional bathroom ideal for a recreation space or guest suite. The basement also features a full bathroom and a family room with a private entrance! Outside, enjoy a large backyard, perfect for entertaining, gardening or relaxing. The property boasts parking for up to 4 cars, with a 2-car garage and an extended driveway, providing parking space for up to 4 cards. Conveniently located just minutes from Garden State Parkway and Route I-78, commuting is a breeze, with easy access to shopping, dining, and entertainment.This move-in-ready home is a rare find! Schedule your showing today through ShowingTime before it's gone!
$399,000
73 POMONA AVE Newark, NJ 07112
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- 5
- Lot size:
- 0.11 Acres
- Year built:
- 1917
- Baths:
- 3.00
- MLS#:
- 3948696
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Courtesy: RE/MAX NEW MILLENNIUM GROUP
908-282-1234
ADDITIONAL INFORMATION
Great investment opportunity in the sought-after Weequahic section of Newark! This 2-family home offers incredible potential, featuring two units, each with 2 bedrooms and 1 bathroom. Additional living space is available in the finished attic, which includes a bedroom, bathroom, and living areaThe property boasts a detached 2-car garage and a long driveway for ample off-street parking. Please note, there is one underground oil tank, and the home is in need of repairs and cosmetic updates.This property is being sold strictly AS-IS. Only CASH offers or renovation loans will be considered. Don't miss this chance to restore and maximize its potential!
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- 6
- Lot size:
- 0.09 Acres
- Year built:
- 1924
- Baths:
- 4.00
- MLS#:
- 3948670
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Courtesy: KELLER WILLIAMS PARK VIEWS
201-939-0050
ADDITIONAL INFORMATION
Check out this fantastic 2-family home in Newark, offering plenty of space and great investment potential! The first-floor unit features a spacious living room, dining room, kitchen, 2 bedrooms, and 1 bath. The second and third floors combine to offer a total of 4 bedrooms and 2 baths, with the second floor boasting a living room, dining room, kitchen, 2 bedrooms, and 1 bath, while the third floor adds 2 more bedrooms and another bath. The fully finished basement provides additional living space with a full bath. Enjoy the convenience of a private driveway and storage shed. Close to shopping & NYC transportation. Don't miss this opportunity, schedule your showing today!
$629,900
392 Walnut Street Newark, NJ 07105
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Courtesy: Weichert Home City Realty
201-293-6333
ADDITIONAL INFORMATION
$499,000
145 PARK AVE Newark, NJ 07104
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- 9
- Lot size:
- 0.06 Acres
- Baths:
- 4.00
- MLS#:
- 3948474
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Courtesy: WEICHERT REALTORS
973-376-4545
ADDITIONAL INFORMATION
Great investment opportunity owner occupy all 3 apts bedrooms are large size, each unit has a large eat in kitchen and living room and bathroom. Nice back yard huge walk-out basement with high ceilings large room and full bathroom in basement. This property is close to NYC transportation and Major Highways. Across to the beautiul Branch Brook Park.
$1,300,000
67-69 LINCOLN PARK Newark, NJ 07104
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- n/a
- Lot size:
- 0.15 Acres
- Baths:
- MLS#:
- 3948469
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Courtesy: GENSTONE II LLC.
973-604-7600
ADDITIONAL INFORMATION
Step into a rare opportunity to transform a piece of Newark's history into something extraordinary. This historic building, once a school, is nestled in the vibrant heart of the Lincoln Park neighborhood, offering a prime location and endless potential. The structure is a true blank canvas, with framing already started, allowing you to reimagine and reconfigure the space to suit your vision. Ideal project for a multi family residential development or a creative mixed use space. The building is being sold "AS IS" providing you with the freedom to design and build according to your goals. Whether you're a developer, investor, or visionary, this historic school building offers the perfect foundation to create something truly special. 9 units plus 3 additional. units.
$509,900
86 S DEVINE ST Newark, NJ 07106
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- 5
- Lot size:
- 0.06 Acres
- Year built:
- 1907
- Baths:
- 3.00
- MLS#:
- 3948441
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Courtesy: RE/MAX FIRST REALTY II
908-664-1500
ADDITIONAL INFORMATION
This 2 family home offers incredible flexibility, whether you're looking for an investment property or a place to call home. Each unit features separate utilities for Unit 1 and 2, providing convenience and ease.A finished attic with a full bathroom adds extra living space and value. Step outside to a nice size backyard, perfect for cookouts and gatherings with family and friends.Located directly across from Essex County Vailsburg Park, enjoy beautiful views and the benefits of a massive renovation to the athletic complex.Don't miss this amazing opportunity. Schedule a showing today!
$769,000
232 AVON AVE Newark, NJ 07108
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- 9
- Lot size:
- 0.07 Acres
- Year built:
- 2003
- Baths:
- 5.00
- MLS#:
- 3948294
- Subdivision:
- Upper Clinton Hill
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Courtesy: REALMART REALTY
888-362-6543
ADDITIONAL INFORMATION
Do not miss this opportunity! This Building is COMPLETELY VACANT and in excellent condition!! With a new furnace in the 2nd-floor apartment. This property boasts 9 bedrooms, 5 full bathrooms, and 3 kitchens in a versatile Mother-Daughter 2 apartment house. It is perfect for relatives who can utilize the mother-daughter apartment while renting out the other unit! Investors, this building is a money maker. The first apartment, located on the ground level, includes 1 kitchen, 1 bathroom, a dining area, a living room, and 2 bedrooms. Connected to the floor above, it offers 4 bedrooms, 2 bathrooms, a living room, a dining area, and a kitchen. The second apartment features 3 bedrooms, 2 bathrooms, a living room, and a dining room. Situated on a corner lot opposite a very good elementary school, it is also conveniently close to transportation and major highways. View today.
$700,000
87 McWhorter Street Newark, NJ 07105
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Courtesy: RE/MAX Competitive Edge
732-548-5555
ADDITIONAL INFORMATION
$1,700,000
51-53 LINCOLN PARK Unit 53 Newark, NJ 07102
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- n/a
- Lot size:
- 0.22 Acres
- Baths:
- MLS#:
- 3948150
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Courtesy: GENSTONE II LLC.
973-604-7600
ADDITIONAL INFORMATION
Step into a rare opportunity to transform a piece of Newark's history into something extraordinary. This historic building, is nestled in the vibrant heart of the Lincoln Park neighborhood, offering a prime location and endless potential. The structure is a true blank canvas, with framing already started, allowing you to reimagine and reconfigure the space to suit your vision. Ideal project for a multi family residential development or a creative mixed use space. The building is being sold "AS IS" providing you with the freedom to design and build according to your goals. Whether you're a developer, investor, or visionary, this historic building offers the perfect foundation to create something truly special. 15 units plus 3 additional.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- 9
- Lot size:
- 0.08 Acres
- Year built:
- 1922
- Baths:
- 3.00
- MLS#:
- 3948138
- Subdivision:
- Weequahic
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Courtesy: HOMESMART FIRST ADVANTAGE
973-354-5000
ADDITIONAL INFORMATION
Welcome to this fantastic home, a remarkable opportunity for both investors and homeowners seeking to generate income. This well-maintained property boasts three distinct units, perfect for maximizing rental potential. Roof and siding were replacing 2 years old. First Floor, this spacious unit features 3 bedrooms and 1 bathroom, Second Floor, with 4 bedrooms and 1 bathroom, the second-floor unit offers ample room. Third Floor, this cozy unit features 2 bedrooms and 1 bathroom, providing a charming living space that is sure to attract tenants. The property will be delivered vacant, allowing you the flexibility to set your own rental rates or occupy one of the units yourself. This is a great opportunity to own a huge income-producing property in a desirable location. Don't miss your chance to invest in a property with strong rental potential!
$709,900
426 S 17TH ST Newark, NJ 07103
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- 6
- Lot size:
- 0.06 Acres
- Year built:
- 1920
- Baths:
- 3.00
- MLS#:
- 3948114
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Courtesy: RE/MAX PROFESSIONALS I
973-450-4000
ADDITIONAL INFORMATION
Rare Opportunity for Investors! This partially occupied 3-family home is perfect for those looking to expand their rental portfolio with steady rental income and value-add potential.Each unit features: 2 Bedrooms, 1 Bath ? Spacious Layouts ? Comfortable living spaces in every unit, Older Home with Character, Maximize Your ROI! Rent out all three units for strong passive income or live in one while leasing the others.
$695,000
631 HUNTERDON ST Newark, NJ 07108
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- 6
- Lot size:
- 0.06 Acres
- Year built:
- 2006
- Baths:
- 4.00
- MLS#:
- 3948086
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Courtesy: RE/MAX PROFESSIONALS I
973-450-4000
ADDITIONAL INFORMATION
Spacious & Income-Generating! This partially occupied 2-family home is a fantastic opportunity for first-time home buyers looking to offset their mortgage or investors seeking strong rental income. Each unit features 3 Bedrooms, 2 Baths, Dining Room & Eat-In Kitchen, plenty of space for entertaining, Beautiful Hardwood Floors adding classic charm & easy maintenance, Separate Utilities, Central Air & Heat providing year-round comfort, Parking Perks of 1 car Garage + Driveway Parking for added convenience. Great Investment Potential! Live in one unit while earning passive income from the other or rent both for maximum cash flow.
$589,000
406 S 15TH ST Newark, NJ 07103
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 7
- Lot size:
- 0.06 Acres
- Baths:
- 3.00
- MLS#:
- 3947852
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Courtesy: KELLER WILLIAMS MID-TOWN DIRECT
973-762-5400
ADDITIONAL INFORMATION
Located at 406 S 15th St in Newark, this multi-family property spans three stories. The first and second floors each feature a 3-bedroom, 1-bathroom layout, offering spacious living areas, well-sized bedrooms, and functional kitchens. The third floor is a versatile bonus space, designed as a studio-style living area, complete with a small kitchen and bathroom, offering privacy and convenience. This property presents an excellent investment opportunity, whether for rental purposes or as a private living space, and is situated in a prime location with easy access to amenities and transportation.
$625,000
490 S 20th Street Newark, NJ 07103
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Courtesy: Lifestyle International Realty
732-943-4908
ADDITIONAL INFORMATION
$849,000
103 PARKER ST Newark, NJ 07104
- Type:
- Multi-Family
- Sq.Ft.:
- 1,974
- Status:
- Active
- Beds:
- 5
- Lot size:
- 0.11 Acres
- Year built:
- 1857
- Baths:
- 3.00
- MLS#:
- 3947590
- Subdivision:
- North
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Courtesy: COLDWELL BANKER REALTY
973-233-2300
ADDITIONAL INFORMATION
YOUR SEARCH ENDS HERE! Great for Investors and Developers! This rare two-family home with A BONUS studio in Newark's premier residential corridor offers both immediate income and incredible development potential. Fully occupied the property generates strong NOI, making it an ideal investment with bridge income during the entitlement process. With a three-car garage, additional driveway parking for up to 6 cars, and protected NYC skyline views, this property is a prime candidate for value-add improvements, long-term appreciation, or high-density redevelopment. Zoned R3 Multi-Family on a 50' x 100' lot, it sits in an area with variance potential. A rare find in a thriving, transit-oriented market!
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 7
- Lot size:
- 0.12 Acres
- Year built:
- 1948
- Baths:
- 3.00
- MLS#:
- 3947570
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Courtesy: KELLER WILLIAMS - NJ METRO GROUP
973-783-7400
ADDITIONAL INFORMATION
THREE FAMILY WITH MASSIVE FOUR CAR GARAGE! Large units with a separate entrance for basement with 8ft ceilings! This is the perfect property for a savy investor or someone looking to live and rent out the other units. Home is in good condition and has seperate utilities. Double lot- absolutely must see this house!
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Courtesy: Coldwell Banker, Montclair
973-233-2300
ADDITIONAL INFORMATION
$649,999
163 CAMDEN ST Newark, NJ 07103
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 6
- Lot size:
- 0.06 Acres
- Year built:
- 2009
- Baths:
- 4.00
- MLS#:
- 3947713
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Courtesy: EXP REALTY, LLC
866-201-6210
ADDITIONAL INFORMATION
Don't miss this incredible opportunity to own a spacious 2-family home in the heart of Newark, NJ, just minutes from UMDNJ Hospital and major highways. This property is perfect for investors or owner-occupants looking to generate rental income!Each unit offers generous living space, multiple bedrooms, and separate utilities, making it ideal for tenants. With strong rental demand in the area, this home has huge income potential and room for value-add improvements.Located near public transportation, shopping, schools, and local amenities, this property is a smart investment in a thriving neighborhood. Whether you're looking to flip, rent, or live in one unit while renting the other, the possibilities are endless!Prime Location ? Close to UMDNJ, major highways, and downtown NewarkHigh Rental Demand ? Perfect for cash flow & long-term appreciationSpacious Layout ? Ideal for tenants or owner-occupantsTons of Potential ? Customize & maximize your investment!
$639,900
144 Pomona Avenue Newark, NJ 07112
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Courtesy: EXP Realty, LLC
866-201-6210
ADDITIONAL INFORMATION
$675,000
16 SMITH ST Newark, NJ 07106
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.06 Acres
- Year built:
- 1960
- Baths:
- 2.00
- MLS#:
- 3947215
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Courtesy: WEICHERT REALTORS
973-746-1515
ADDITIONAL INFORMATION
Welcome to this beautifully renovated 4-bedroom, 2-bathroom multi-family home in the heart of Newark, NJ! Whether you're looking for an investment opportunity or a spacious home with rental income potential, this property offers the perfect blend of modern updates and classic charm.
$548,900
171 SHERMAN AVE Newark, NJ 07114
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 8
- Lot size:
- 0.06 Acres
- Year built:
- 1907
- Baths:
- 3.00
- MLS#:
- 3947153
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Courtesy: EXP REALTY, LLC
866-201-6210
ADDITIONAL INFORMATION
Large 2 Unit EZ to Show Vacant, Unit 1 4 BR 1 Bathroom, Unit 2 4 BR 2 Bathrooms ! Go and show today.
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Newark Real Estate
The median home value in Newark, NJ is $410,000. 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 $410,000. 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 has a population of 306,247. Newark is less family-centric than the surrounding county with 22.75% 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 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 is 34.7 years.
Newark Weather
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.