Newark NJ Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
n/a
Status:
NEW LISTING
Beds:
8
Baths:
3.00
MLS#:
24036232

ADDITIONAL INFORMATION

Welcome to an incredible opportunity to own a well-maintained, legal two-family home in the heart of Newark, NJ. This property is a great investment, offering spacious units. The first unit features an eat-in kitchen, a living room, and three generously sized bedrooms. The second unit offers an eat-in kitchen, a living room, five bedrooms, and two bathrooms. The property also features a very large driveway. Situated in a prime location with convenient access to public transportation, major highways, Newark Penn Train Station, and local stores, this multi-family home is a must-see for investors!

Type:
Other
Sq.Ft.:
n/a
Status:
NEW LISTING
Beds:
8
Baths:
4.00
MLS#:
24035991

ADDITIONAL INFORMATION

This multi-family home is located at 72-76 Speedway Ave, Newark, NJ. 72-76 Speedway Ave is in the Fairmount neighborhood in Newark, NJ and in ZIP code 07106. It is currently for sale and has been listed on Trulia for 15 days. This property is listed for $820,000. This property has 8 bedrooms and 4 bathrooms. This property has a lot size of 7405 sqft and was built in 1927.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
6
Baths:
2.00
MLS#:
24035167

ADDITIONAL INFORMATION

Come and see this marvelous well-kept 2 family home. Tenant occupied on the 1st floor that includes 3 bedrooms and 1 bath. The 2nd floor unit also includes 3 bedrooms and 1 bath which is Vacant. A full unfinished basement with many possibilities and imagination. New owner can live in a unit or use this as an investment opportunity. Near public transportation, restaurants and schools.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
10
Lot size:
0.11 Acres
Year built:
1950
Baths:
4.00
MLS#:
3932235
Subdivision:
Vailsburg

ADDITIONAL INFORMATION

Prime Investment Opportunity This income-producing fourplex is ready for immediate occupancy, ideal for the savvy investor and buyers looking to offset expenses with rental income. Located minutes from Seton Hall University, this property offers convenience and rental appeal. Each spacious unit features an oversized kitchen, 2 or 3 bedrooms, a dedicated dining area, and ample closets, ensuring comfort and functionality for tenants. The shared spaces are well-designed, with a private fenced backyard that includes a generous deck perfect for outdoor gatherings. Additionally, a private driveway offering ample off-street parking for tenants and visitors. Separate utilities in the partially finished basement, accessible through a private above-ground entrance, opens possibilities for additional creative uses. The basement adds valuable square footage and functionality to the property without compromising tenant privacy. This fourplex is ideally situated close to South Orange's charming downtown area, known for its array of dining, shopping, and entertainment options. Public transportation is easily accessible, with bus lines and the South Orange Train Station nearby, offering convenient commutes to New York City and other neighboring towns. Quick access to major highways adds to the appeal, attracting tenants who value both suburban charm and urban accessibility. Don't miss out on this outstanding investment opportunity with strong income potential in a sought-after location

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
6
Lot size:
0.08 Acres
Year built:
1932
Baths:
2.00
MLS#:
3932275

ADDITIONAL INFORMATION

Come and see this marvelous well-kept 2 family home. Tenant occupied on the 1st floor that includes 3 bedrooms and 1 bath. The 2nd floor unit also includes 3 bedrooms and 1 bath which is Vacant. A full unfinished basement with many possibilities and imagination. New owner can live in a unit or use this as an investment opportunity. Near public transportations, restaurants and schools.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
5
Lot size:
0.11 Acres
Year built:
1915
Baths:
3.00
MLS#:
3931758

ADDITIONAL INFORMATION

Great investment opportunity.This 2 Family features 2 Bedrooms, 1 Bath, Living Room and Formal Dining Room in each unit. Each unit also has a front enclosed Porch that can be used as an office, storage or just a spare room.There is also a finished attic that has 1 Bedroom, another room, kitchen and full bath. The basement also has potential to be finished and already has certain systems in place such as plumbing for a full bath and electrical for a room. Property has a driveway with a 3 car garage. Only a 10 min drive from Seton Hall. Home is being sold as is.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
8
Lot size:
0.17 Acres
Year built:
1927
Baths:
4.00
MLS#:
3931073

ADDITIONAL INFORMATION

Type:
Multi-Family
Sq.Ft.:
2,965
Status:
Active
Beds:
7
Lot size:
0.07 Acres
Baths:
4.00
MLS#:
3930659

ADDITIONAL INFORMATION

Welcome to this fully renovated 3-family home. perfect for both Owner-occupants or investors. This stunning property has been completely renovated from the beams up, offering a modern and fresh living space across all three units. Brand-new heating systems: 3 separate systems for each unit, providing energy efficiency and convenience 3 new hot water tanks. First Floor: Spacious 3-bedroom, 1-bath unit. Potential rent: $2,300/month. Second Floor: Beautiful 3-bedroom, 2-full bath, Primary Bedroom with its own full bath and walk in closest. Potential rent: $2,600/month. Third Floor: 1-bedroom, 1-bath unit, Potential rent: $1,700/month. Washer and dryer hookup ready in 1&2nd unit. A large open basement with future potential for finishing. Owner Occupant or Investment Property Whether you're looking for a multi-family home to live in while renting out the other units, or a pure investment opportunity, this property provides excellent rental income potential. Don't miss out on this turn-key property!

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
2007
Baths:
MLS#:
2505045R

ADDITIONAL INFORMATION

Discover this beautifully maintained two-family home, nestled in the heart of Newark's sought after Upper Vailsburg neighborhood. This spacious, sun-filled property is the perfect investment opportunity with easy access to parks, schools, shopping, transportation to NYC, and is close to Seton Hall University. Each unit offers three ample sized bedrooms, two full baths, including a primary bedroom with an ensuite bathroom, separate living and dining room, and plenty of storage. Both units share a laundry room with a washer/dryer hookup and have separate utilities. The first floor unit also includes a fully finished walkout basement with a bonus room, full bath, and separate entrance. Property is located in R2 Zone. Speak with the town about possible three-family conversion. Showings begin on 10/16.

Type:
Multi-Family
Sq.Ft.:
2,546
Status:
Active
Beds:
6
Lot size:
0.06 Acres
Year built:
2007
Baths:
5.00
MLS#:
3929641
Subdivision:
Vailsburg

ADDITIONAL INFORMATION

Discover this beautifully maintained two-family home, nestled in the heart of Newark's sought after Upper Vailsburg neighborhood. This spacious, sun-filled property is the perfect investment opportunity with easy access to parks, schools, shopping, transportation to NYC, and is close to Seton Hall University. Each unit offers three ample sized bedrooms, two full baths, including a primary bedroom with an ensuite bathroom, separate living and dining room, and plenty of storage. Both units share a laundry room with a washer/dryer hookup and have separate utilities. The first floor unit also includes a fully finished walkout basement with a bonus room, full bath, and separate entrance.Property is located in R2 Zone. Speak with the town about possible three-family conversion.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
6
Lot size:
0.15 Acres
Year built:
1949
Baths:
3.00
MLS#:
3929335

ADDITIONAL INFORMATION

large, fully renovated 2 family home in desirable Upper Vailsburg sect of Newark, close proximity to everything! Updates include new plumbing, separate forced Hot air, hardwood floors through out property. This property has tremendous rental income potential due to it's large apartments and amenities like forced air heat and on site laundry, making it a great opportunity for both investor and owner occupant.

Type:
Multi-Family
Sq.Ft.:
3,148
Status:
Active
Beds:
6
Lot size:
0.06 Acres
Year built:
2024
Baths:
4.00
MLS#:
3928797

ADDITIONAL INFORMATION

Welcome to 36 Dassing Ave, Newark, NJ! This beautifully renovated property offers modern living with the perks of low property taxes and ample parking available day and night. Perfectly designed for commuters, this home is minutes away from major transportation hubs, offering easy access to New York City, the Garden State Parkway, and the NJ Turnpike, ensuring convenient travel wherever your destination may be.This two-family residence has been completely remodeled?essentially a new construction?with brand-new lights, windows, walls, plumbing, electrical, HVAC systems, and more. Each spacious unit boasts 3 bedrooms, 2 full bathrooms, and a washer/dryer hookup in the basement. The homeowners invested significant time, energy, and resources to create a home of exceptional quality. Don?t miss the opportunity to own this stunning, move-in ready home!

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
6
Lot size:
0.06 Acres
Year built:
1996
Baths:
4.00
MLS#:
3928651

ADDITIONAL INFORMATION

Welcome to this inviting two-family house that's ready for your personal touch! This spacious two-story home features a total of 6 bedrooms, with 3 bedrooms and 1.5 baths on each floor, making it perfect for multi-generational living or as an investment property.While the home could use a little love and updating, its layout offers a fantastic opportunity to create your dream living space. Each unit boasts generous living areas, providing ample room for relaxation and entertaining. This Property is being sold 'AS IS' with know known defects. Additional photos to follow.

Type:
Multi-Family
Sq.Ft.:
3,990
Status:
Active
Beds:
6
Lot size:
0.1 Acres
Year built:
1944
Baths:
4.00
MLS#:
3927681
Subdivision:
Residential

ADDITIONAL INFORMATION

Well-maintained 4-family investment property offering a total of 6 bedrooms and 4 bathrooms. An impressive floor plan spanning approx 3,990 sqft is extremely spacious allowing for both 1-bedroom units to be easily converted into 2-bedroom units, providing excellent potential for increased rental income. The potential annual rental income for this property is $88,000, with annual taxes amounting to $7,929. This results in a net annual income of $80,071 before utilities and debt servicing charges. Currently, the rent roll is approximately $68,616 annually. Property has hardwood floors throughout and comes with newer roofing, furnace and windows. Basement is full size, standing height and amazing with unlimited potential. This is a commuter's delight, conveniently located near a NYC bus stop, 5 Minutes' drive to NYC train station, 15 minutes from Newark Liberty Airport, and close to major highways and shopping malls. ( Conventional loans only )

Type:
Multi-Family
Sq.Ft.:
2,823
Status:
Active
Beds:
7
Lot size:
0.06 Acres
Year built:
1902
Baths:
4.00
MLS#:
3925437

ADDITIONAL INFORMATION

Great opportunity to purchase in the Vailsburg section of Newark. Great quiet street with excellent rental history. House is fully occupied with great tenants. House has been well maintained.

Type:
Multi-Family
Sq.Ft.:
2,416
Status:
Active
Beds:
8
Lot size:
0.09 Acres
Year built:
1990
Baths:
3.00
MLS#:
3924795

ADDITIONAL INFORMATION

Welcome to this fantastic 3 unit investment property located in a desirable neighborhood! Each unit offers a spacious layout with features such as updated kitchens, modern appliances, hardwood floors, and CENTRAL AIR. Whether you're looking to expand your investment portfolio or seeking a multi-unit property to generate passive income, this 3 unit investment property presents a lucrative opportunity for savvy investors. With 1 unit vacant, this property provides the perfect house-hacking opportunity. Don't miss out on this great investment potential!

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
7
Lot size:
0.08 Acres
Baths:
5.00
MLS#:
3924195
Subdivision:
West Ward

ADDITIONAL INFORMATION

1 Brand new 2 fam under home under construction , 1st garage , utility room, rec room, with half bath connection to apartment #1 with 3 bedrooms, living room, dining room, kitchen 2 full baths . Apartment #2 3 bedrooms , living room, dining room, kitchen and 2 baths. Wood and ceramic floors , central ac separate utilities , 10 year HOW , owner occupied house may qualify for 5 year tax abetment laundry hook ups. lot size 35x100 . house foot print 22x61. side yard w 15 feet and future possible driveway

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
5
Baths:
2.00
MLS#:
24026944

ADDITIONAL INFORMATION

Nice size 2 Family located in the Vailsburg Section of Newark. The Vailsburg neighborhood, offers easy access to public transportation and waking distance to Vailsburg Park that is located on 30 acres of land in the eastern section of Essex County. This lovely 2 family offers two apartments, first Unit is 3 Bedrooms, Eat In Kitchen, Full Bathroom, Living Room, Sun Room. Second Unit is 2 Bedrooms, Full Bathroom, Living Room, Dining Room, Sun Room, Eat In Kitchen. Property offers a 2 Car Garage and a nice size yard, Driveway is shared with neighbor. Basement comes with Utility/Laundry Room with Indoor Oil Tank and 2 Additional Rooms that can be used as Storage or Bedrooms. Easy access to Schools, House Of Worship and walking distance to community gym and pool.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
9
Lot size:
0.1 Acres
Year built:
1897
Baths:
3.00
MLS#:
3919153

ADDITIONAL INFORMATION

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
8
Lot size:
0.11 Acres
Year built:
1922
Baths:
5.00
MLS#:
3917843
Subdivision:
Upper Vailsburg

ADDITIONAL INFORMATION

Large 2 Family Home with 2 bedrooms & full bath in attic; finished basement with full bath.Buyer responsible for all city certs.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
10
Lot size:
0.03 Acres
Baths:
5.00
MLS#:
3916519

ADDITIONAL INFORMATION

Welcome to 118 Cedar Avenue, Newark " a versatile 3-unit family home offering ample living space and investment potential. Each unit in this property provides comfortable and spacious accommodations, making it ideal for various living arrangements. Located in a vibrant Newark neighborhood, this property is conveniently situated near local amenities, schools, parks, and public transportation. One of the key advantages of being located on Cedar Avenue is its proximity to major highways and public transit, providing easy access to the broader Newark area and beyond. With its well-maintained interiors and practical layout, 118 Cedar Avenue offers both comfort and convenience. Don't miss out on this opportunity to own a multi-family home in a prime location. Schedule your viewing today!

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
5
Lot size:
0.06 Acres
Year built:
1907
Baths:
3.00
MLS#:
3914008

ADDITIONAL INFORMATION

Discover this spacious multi-unit home, perfect for investment or extended living! Featuring two units, this property offers a total of 5 bedrooms and 3 bathrooms. Each unit is designed for comfort and convenience. The additional basement space provides ample storage or potential for further customization. Don't miss this unique opportunity!

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
6
Lot size:
0.06 Acres
Year built:
2024
Baths:
5.00
MLS#:
3909675

ADDITIONAL INFORMATION

1 BRAND NEW 2 APARTMENTS HOME TO BE BUILD ACCORDING TO PLANS. 1ST FL GARAGE , UTILITY ROOM, REC ROOM W/ HALF BATH CONNECTION TO APARTMENT #1 WITH 3 BEDROOMS LIVING ROOM AND DINING ROOM KITCHEN 2 FULL BATHS. APARTMENT #2 EITH 3 BEDROOMS LIVING ROOM, DINING ROOM , KITCHEN AND 2 BATHROOMS AND LAUNDRY HOOK UPS. WOOD AND CERAMIC FLOORS, CENTRAL AC/HEAT . SEPERATE UTILITIES 10 YEAR HOW OWNER OCCUPIED HOUSE MAY QUALIFY FOR 5 YEAR TAX ABATMENT possible parking in the rear back yard

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
6
Lot size:
0.09 Acres
Year built:
1920
Baths:
3.00
MLS#:
3908998

ADDITIONAL INFORMATION

Great Vailsburg 3 family home. The 2nd and 3rd floors are vacant and ready for renting or living. Parking in rear of building. The home is across the street from a park and close to shopping and public transportation. Unfurnished basement with great storage.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
13
Lot size:
0.11 Acres
Baths:
5.00
MLS#:
3907595
Subdivision:
Vailsburg

ADDITIONAL INFORMATION

BACK ON THE MARKET DUE TO BUYER's LACK OF PERFORMANCE - Welcome to 66-68 Halsted Avenue! This four-unit building presents an outstanding investment opportunity.As you approach the property, you're greeted by a well-maintained exterior that commands attention. A private driveway leads to the rear of the building, where four designated parking spaces provide convenience for residents and guests.Upon entering the building, you'll be impressed by the recently renovated common areas, featuring updated flooring, lighting fixtures, and tasteful decor that sets the tone for a welcoming atmosphere.Each unit within this multifamily property offers spacious layouts designed to accommodate diverse lifestyles.The basement also houses a laundry room for residents'.Whether you're an investor looking to expand your portfolio or a savvy homeowner 66-68 Halsted presents a compelling opportunity to own a well-maintained multifamily property.Potential Rent Roll $10k+ Sold "as is." Inspections are for informational puroses only,

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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 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.

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 75067

The data relating to real estate for sale on this web-site comes in part from the Internet Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM. Real estate listings held by brokerage firms other than Xome are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting. Copyright 2024, CENTRAL JERSEY MULTIPLE LISTING SYSTEM. All Rights reserved. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM retains all rights, title and interest in and to its trademarks, service marks and copyrighted material.



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 07106 has a population of 306,247. Newark 07106 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 07106 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 07106 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

    61
    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
Early Childhood Academy - West PK - PK 98 8.9 07106
Ivy Hill Elementary School PK - 08 494 10.7 07106
Lady Liberty Academy Charter School KG - 08 444 12.3 07106
Lincoln KG - 08 389 13.9 07106
Mt Vernon Place School PK - 08 595 11.7 07106
Newark Legacy Charter School PK - 05 610 12.4 07108
Quitman Community School PK - 08 554 10.4 07103
Speedway Avenue School KG - 08 464 12.9 07106
Thirteenth Avenue School Martin Luther King PK - 08 702 10.5 07103
University Heights Charter School PK - 08 547 9.9 07103
Wilson Avenue School KG - 08 890 14.1 07108

Middle Schools near Newark, NJ

School Grades Students P/T Ratio ZIP
Alexander Street School 01 - 08 501 13.3 07106
Boylan Early Childhood Center PK - KG 87 4.8 07106
Madison Avenue Elementary School PK - 05 424 12.7 07108
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
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
Central High School 09 - 12 766 8.8 07103
Malcolm X Shabazz High School 09 - 12 662 10.8 07108
Newark Early College High School 07 - 12 324 8.1 07103
People's Preparatory Charter School 09 - 12 370 10.9 07103
University High School 07 - 12 557 12.7 07108

Ungraded Schools near Newark, NJ

School Grades Students P/T Ratio ZIP
* Fast Track Success Academy 07 - 12 88 17.6 07108
* Newark Tech 09 - 12 737 13.4 07103
* Newark Vocational High School 09 - 12 395 9.9 07103
John F Kennedy School KG - 12 173 6.9 07103
Louise A Spencer Elementary School KG - 09 365 10.1 07108
Marion P. Thomas Charter School PK - 12 1,175 15.3 07103

Demographics near Newark, NJ 07106

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