Newark NJ Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
3,791
Status:
Active
Beds:
6
Lot size:
0.06 Acres
Year built:
2024
Baths:
5.00
MLS#:
3904158

ADDITIONAL INFORMATION

THE "DUCHESS OF NEWARK" MODEL IN VAILSBURG - 3,791 SQUARE FEET OF LUXURY LIVING SPACE. 2-CAR BUILT IN GARAGE, CENTRAL AIR CONDITIONING, AND HARDWOOD FLOORS/CERAMIC TILE THROUGHOUT. ELIGIBLE FOR 5-YEAR TAX ABATEMENT. ESTIMATED DATE OF OCCUPANCY: 1-15-25. LISTED RENTS ARE ESTIMATED, NOT GUARANTEED.

Type:
Multi-Family
Sq.Ft.:
3,300
Status:
Active
Beds:
9
Lot size:
0.06 Acres
Year built:
1910
Baths:
6.00
MLS#:
3882129

ADDITIONAL INFORMATION

DISCOVER AN EXTRAORDINARY INVESTMENT OPPORTUNITY IN THE HEART OF NEWARK. THIS REMARKABLE 3-FAMILY HOME, BOASTING 9 BEDROOMS & 6 FULL BATHS, STANDS AS A SHINING EXAMPLE OF SPACIOUS & VERSATILE LIVING. CONVENIENTLY SITUATED IN NEWARK, THIS PROPERTY OFFERS EASY ACCESS TO SCHOOLS, PARKS, SHOPPING, DINING & PUBLIC TRANSPORTATION. IT'S A GOLDEN OPPORTUNITY FOR INVESTORS OR THOSE SEEKING A VERSATILE & COMFORTABLE LIVING SPACE.

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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.



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

    64
    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