Newark NJ Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
5
Lot size:
0.06 Acres
Baths:
5.00
MLS#:
3917386

ADDITIONAL INFORMATION

2 Family house with separate utilities. Hardwood floor thru the house, new bathrooms. 2 units central heat/ ACDelivered vacant

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
7
Year built:
2010
Baths:
5.00
MLS#:
24021773

ADDITIONAL INFORMATION

Incredible investment opportunity in the heart of Newark, where a major development boom is driving real estate prices upward. This spacious three-family property features large apartments, each boasting over 1,500 sq ft of living space. Additionally, the property includes a two-car garage and plenty of parking, adding to its appeal.Enjoy stable cash flow with long-term tenants and unlock even greater potential with short-term rentals like Airbnb, thanks to its prime location just 10 minutes from Newark Liberty International Airport. Benefit from Newark's rapid transformation with new businesses, cultural spots, and infrastructure projects revitalizing the area.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
6
Lot size:
0.04 Acres
Baths:
3.00
MLS#:
3909312

ADDITIONAL INFORMATION

This incredible investment opportunity is located in the heart of downtown Newark, an area undergoing a major development boom that is driving real estate prices upward. Surrounded by extensive redevelopment, this property holds unlimited potential. Situated in Newark's historic downtown district, it is near the Prudential Center, shopping centers, restaurants, and both public and charter schools. Just minutes from Newark Penn Station, major highways, public transportation, and Newark Airport, this location offers unparalleled convenience. Be part of the New Newark renaissance and make this beauty your own. With its proximity to schools, colleges, hospitals, and a bustling downtown filled with great eateries, this property presents a unique chance to invest in a vibrant and rapidly evolving community. Opportunity is knocking! now might be your time. Make an offer!

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Andrea Conner, License 1758875, Xome Inc., License 2326449, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


This information is being provided 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. Information deemed reliable but not guaranteed. Copyright © 2024 Garden State Multiple Listing Service, LLC. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.
Andrea Conner, License 1758875, Xome Inc., License 2326449, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of NJMLS. Real estate listings held by brokerage firms other than the owner of this site are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Some properties listing with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Last date Updated: {{last updated}}
Source: New Jersey Multiple Listing Service, INC.

©2024 New Jersey Multiple Listing Service, Inc. All rights reserved.



Newark Real Estate

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 07102 has a population of 306,247. Newark 07102 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 07102 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 07102 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.

Newark Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    17
    30-day change

Newark Schools and Demographics

Education near Newark, NJ

Metric City County
High School Graduates 76.98 86.67
College Degree - 2 year 5.88 6.13
College Degree - 4 year 15.98 36.65
Graduate Degree 3.42 10.56
Expenditures per Student 26,449 26,449
Students per Teacher 13.6 13.6

Elementary Schools near Newark, NJ

School Grades Students P/T Ratio ZIP
Camden Street Elementary School PK - 08 593 10.6 07103
Lincoln Elementary School PK - 03 667 14.8 07029
New Horizons Community Charter School KG - 05 479 13.7 07103
Newark Educators Community Charter School PK - 05 314 12.6 07102
Quitman Community School PK - 08 554 10.4 07103
The Gray Charter School KG - 08 326 16.3 07102
Thirteenth Avenue School Martin Luther King PK - 08 702 10.5 07103
University Heights Charter School PK - 08 547 9.9 07103

Middle Schools near Newark, NJ

School Grades Students P/T Ratio ZIP
Discovery Charter School 04 - 08 74 14.8 07102
Greater Newark Charter School 05 - 08 176 11.8 07102
Hamilton Intermediate School 04 - 05 302 11 07029
Merit Preparatory Charter School of Newark 06 - 08 327 109 07102
Newark Bridges High School: A Diploma Plus School 09 - 12 195 8.3 07103
Newton Street School PK - 08 427 11.3 07103
Roseville Avenue School KG - 04 154 7.4 07103
Visions Academy Charter High School 09 - 12 339 14.2 07102
Washington Middle School 06 - 08 430 12.1 07029
West Side High Scool 09 - 12 810 9.7 07103

High Schools near Newark, NJ

School Grades Students P/T Ratio ZIP
American History High School 06 - 12 436 10.1 07103
Arts High School 07 - 12 684 11.6 07102
Bard Early College High School 09 - 12 300 11.5 07103
Central High School 09 - 12 766 8.8 07103
Harrison High School 09 - 12 698 13.1 07029
Newark Early College High School 07 - 12 324 8.1 07103
People's Preparatory Charter School 09 - 12 370 10.9 07103
Science Park High School 07 - 12 800 12.1 07102
Technology High School 09 - 12 594 10.1 07102

Ungraded Schools near Newark, NJ

School Grades Students P/T Ratio ZIP
* Newark Leadership Academy 09 - 12 33 3.7 07103
* Newark Tech 09 - 12 737 13.4 07103
* Newark Vocational High School 09 - 12 395 9.9 07103
Great Oaks Charter School 06 - 10 349 19.4 07102
John F Kennedy School KG - 12 173 6.9 07103
Marion P. Thomas Charter School PK - 12 1,175 15.3 07103
Newark Prep Charter School 09 - 11 179 19.9 07102
North Star Academy Charter Schools of Newark KG - 12 3,403 11.9 07102
Paulo Freire Charter School 09 - 11 197 10.9 07102
Team Academy Charter School KG - 12 2,729 11.1 07102

Demographics near Newark, NJ 07102

Metric Zip Code City
Neighborhood Type Inner City
Population 306,247 852,720
Population Density 12,684 6,763
Median Age 34.7 37.8
People per Household 2.7 2.7
Median Household Income 41,335 67,826
Average Income per Capita 22,194 42,028