Newark NJ Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
n/a
Status:
NEW LISTING
Beds:
5
Baths:
3.00
MLS#:
24036304

ADDITIONAL INFORMATION

Great investment opportunity. 2 Family home. 1st floor unit has 2 bedrooms, office, living room, eat-in-kitchen, pantry and full bath. 2nd floor unit has 3 bedrooms, living room, eat-in-kitchen, pantry, laundry unit and full bath. Full unfinished basement can be finished into recreation room. Close to transportation to NYC and schools.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
NEW LISTING
Beds:
6
Baths:
5.00
MLS#:
24035995

ADDITIONAL INFORMATION

Under Construction: Remarkable spacious new construction two-family located in the Fairmount section of Newark near Rutgers & NJIT University and UMDNJ Hospital. Step inside to a stunning living and dining room featuring a large open plan layout that is perfect for hosting and allows for versatile furniture arrangements. At the heart of each apartment is a beautifully designed gourmet kitchen, equipped with ample countertop space, cabinets, a large island of modern stainless steel appliances, hardwood flooring, and a washer hook-up in both units. Stunning master bedroom with a full bathroom that includes a walk-in closet. The ground floor level features a recreational area with a bathroom and an ideal space for relaxation and entertainment. It has a low-maintenance garden, an in-built garage, and off-street parking for 2 cars. Potential Rental Income between $6000 - $7000 per month and great location. 5-year tax abatement & 10 Year Home Warranty. Minutes from Branch Brook Park.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
NEW LISTING
Beds:
6
Year built:
2000
Baths:
5.00
MLS#:
24035992

ADDITIONAL INFORMATION

Under Construction: The remarkably spacious new construction two-family building is located in the Fairmount section of Newark near Rutgers & NJIT University and UMDNJ Hospital. Step inside to a stunning living and dining room featuring a large open plan layout that is perfect for hosting and allows for versatile furniture arrangements. At the heart of each apartment is a beautifully designed gourmet kitchen, equipped with ample countertop space, cabinets, a large island of modern stainless-steel appliances, hardwood flooring, and a washer hook-up in both units. Stunning master bedroom with a full bathroom that includes a walk-in closet. The ground floor level features a recreational area with a bathroom and an ideal space for relaxation and entertainment. It has a low-maintenance garden, an in-built garage, and off-street parking for 2 cars. Potential rental income is between $6000-$7000K monthly and great location. 5-year tax abatement & 10 Year Home Warranty.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
8
Baths:
3.00
MLS#:
24034944

ADDITIONAL INFORMATION

LARGE, COMPLETELY UPDATED AND WELL MAINTAINED 2 UNITS PROPERTY WITH EASY ACCESS TO PUBLIC TRANSPORTATION, CLOSE TO SCHOOLS AND PARKS. FEATURING 8 BEDROOMS, 3 FULL BATHOOMS, SPACIOUS LIVING ROOM AREAS AND EATING KITCHENS, CENTRAL HEAT AND AC THROUGHOUT. UPDATED KITCHENS, BATHOOMS, ELECTRICAL AND PLUMBING SYSTEMS. NOTHING TO WORRY ABOUT JUST CLOSE, MOVE IN, ENJOY IT, AND START COLLECTING RENT. MUST COME SEE IT.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
5
Lot size:
0.06 Acres
Baths:
3.00
MLS#:
3931034
Subdivision:
NORTH NEWARK

ADDITIONAL INFORMATION

Welcome to 542 North 11th Street, a spacious 2-family home in the desirable North Newark area, just steps from Bloomfield Avenue. Featuring 5 bedrooms and 3 full bathrooms, this property offers ample living space, making it ideal for multi-generational living or rental income. A bonus feature is the finished recreational space in the basement, perfect for extra activities, entertaining, or storage. Enjoy the convenience of being within walking distance to public transportation, restaurants, and shops in the bustling northern part of Newark. Whether you're a savvy investor or a first-time buyer ready to build your portfolio, With LOW TAXES ! this home is a standout opportunity in a thriving community. Don't let it pass you by! and get Ready to Schedule a Showing ASAP !

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
7
Lot size:
0.06 Acres
Year built:
1907
Baths:
3.00
MLS#:
3931048

ADDITIONAL INFORMATION

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
6
Lot size:
0.06 Acres
Year built:
1920
Baths:
3.00
MLS#:
3930667

ADDITIONAL INFORMATION

Fantastic opportunity in Newark, NJ! This two-family home, built in the 1920s, combines classic charm with modern updates. The second-floor apartment has been tastefully renovated with newer hardwood floors, cabinets, sheetrock, and appliances, offering a fresh and inviting space. The exterior features newer siding and a sizable, private, fenced-in backyard perfect for outdoor gatherings or relaxation. The full unfinished basement provides ample storage or potential for additional living space. Separate heating systems (oil and gas). 2nd floor is on the oil above-ground tank in the basement and 1st floor is on natural gas. Ideal for investors or owner-occupiers who want a home that needs TLC. This property is a versatile option with great potential! On-street parking only. The best offer will be considered. The buyer must be willing to close with a temporary certificate of occupancy.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
5
Lot size:
0.11 Acres
Year built:
1910
Baths:
3.00
MLS#:
3930716
Subdivision:
North

ADDITIONAL INFORMATION

WELCOME TO THIS RARE OPPORTUNITY! This beautiful two-family has everything you are looking for and sits on one of the large lots in North Newark with a five-car garage. First-floor five rooms, second-floor six rooms Finished Basement, extra-large Driveway Great for someone looking for an Extra-large lot with garages

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
6
Lot size:
0.06 Acres
Baths:
2.00
MLS#:
3929557

ADDITIONAL INFORMATION

RENOVATED TWO FAMILY HOME: ROOFING/HOT WATER HEATER/BOILERS/ELECTRICAL PANEL. A COMMUTER'S DELIGHT TO PUBLIC TRANSPORTATION: BUS/TRAIN/AIRPORT.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
5
Year built:
2000
Baths:
3.00
MLS#:
24030943

ADDITIONAL INFORMATION

Welcome to a prime investment opportunity in Newark, NJ! This multi-family property, with two legal units is a gem. This two family house is a newer build that was built in 2003! This property is already cash flowing. This prime multi-family property features 5 bedrooms and 3 bathrooms. There is a very spacious master bedroom for maximum comfort. Both units were also recently renovated. This property is ideal for investors who are looking for substantial rental income or savvy homebuyers looking to house hack. Only 30 minutes from NYC. Don't miss the chance to add this property to your portfolio. This multi-family qualifies for NJ's $22,000 down payment assistance and No Money Down mortgage programs.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
8
Lot size:
0.06 Acres
Baths:
3.00
MLS#:
3925781

ADDITIONAL INFORMATION

Check out this newly listed three-family unit! Great opportunity as an investment property! You can live in one unit and rent the remaining or rent them all to maximize your ROI! Great addition to any Real Estate portfolio! Make your appointment now!

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Lot size:
0.09 Acres
Baths:
3.00
MLS#:
3925688

ADDITIONAL INFORMATION

GREAT 2 FAMILY ON A 37.6X100 LOT THAT IS GREAT FOR INVESTOR OR OWNER OCCUPIED. STOP PAYING RENT. CENTRAL LOCATION NEAR UNIVERSITY AND CLOSE TO ALL MAJOR HIGHWAYS. OFF STREET PARKING AVAILABLE. NO TAXES BECAUSE THIS PROPERTY IS OWNED BY A NON FOR PROFIT & WILL NEED TO BE REASSESED.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
5
Lot size:
0.1 Acres
Year built:
2003
Baths:
3.00
MLS#:
3925303

ADDITIONAL INFORMATION

Welcome to a prime investment opportunity in Newark, NJ! This multi-family property, with two legal units is a gem. This two family house is a newer build that was built in 2003! This property is already cash flowing. This prime multi-family property features 5 bedrooms and 3 bathrooms. There is a very spacious master bedroom for maximum comfort. Both units were also recently renovated. This property is ideal for investors who are looking for substantial rental income or savvy homebuyers looking to house hack. Only 30 minutes from NYC. Don't miss the chance to add this property to your portfolio. This multi-family qualifies for NJ's $22,000 down payment assistance and No Money Down mortgage programs.

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
10
Year built:
1980
Baths:
4.00
MLS#:
24030423

ADDITIONAL INFORMATION

Discover unparalleled potential with this exceptional multifamily property situated in the vibrant heart of Newark. This legally approved two-family home, with a lucrative bonus unit, offers a remarkable investment opportunity with strong rental income prospects of over $60,000 annually. Property Highlights: Brand new roof with 10yr warranty Versatile Layout: This property features three well-appointed units:Unit 1: Spacious 4-bedroom, 1-bathroom Unit 2: Generous 4-bedroom, 2-bathroom Unit 3: Nice 2-bedroom, 1-bathroomPrime Location: Conveniently located near public transportation and a laundry facility, ensuring high demand from tenants and ease of living. Strong Income Potential: With its ideal configuration and strategic location, this property is poised to deliver impressive returns. Whether you're an experienced investor or new to the real estate market, this property offers a fantastic opportunity to secure a high-yield asset in a dynamic and growing area. Great Opportunity

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
8
Lot size:
0.25 Acres
Year built:
1907
Baths:
5.00
MLS#:
3925042

ADDITIONAL INFORMATION

Introducing a rare opportunity to own this huge multifamily property, perfectly placed in a prime location. This distinguished property is set on an expansive lot, offering incredible potential for investors or homeowners alike, offering multiple units extra spaces in the backyard for parking and/or enjoyment. Featuring a total of 8 spacious bedrooms with 4 bathrooms. Each floor offers 2 huge bedrooms, 1 full bath, kitchen, dining room and living room. Plus a bonus unit in the back of the house that has extra space so you can use your creativity. This property also has a walkable, partially finish basement that can be also use for extra storage. The backyard/parking is there for anyone in need of lots of space for probably commercial cars or maybe just to potentially create more into this beautiful property that can be yours!! Whether you're looking to restore a classic or maximize its investment potential, this property is a standout choice!

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
6
Baths:
3.00
MLS#:
24029884

ADDITIONAL INFORMATION

Two properties are being sold together with buildable lot MLS# 3923794 ($299,999) Will not be sold separately. Great opportunity to own and rent this 3-family home with 5 car garage and driveway for 11 additional cars. Each unit has 2 bedrooms, eat in kitchen, full bath, office space and living room. 2nd and 3rd floor have laundry hookup. Over size backyard has 5 car garage, one with loft on top. House is being sold as is. Sale is contingent on seller finding a suitable home. Actively looking 24 hr. notice Owner occupied. Excellent opportunity and investment property. Don't let this one pass you by. Agent Remarks: 24 hr notice Owner occupied Please text business card and time. Wait for confirmation

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
7
Lot size:
0.07 Acres
Year built:
1915
Baths:
4.00
MLS#:
3924334

ADDITIONAL INFORMATION

Introducing 243 4th Street, a spacious and renovated multi-family property in a prime Newark location. This move-in-ready home features 7 bedrooms and 5 bathrooms, offering ample space. Unit 2 boasts 3 bedrooms, 2 bathrooms, an office/bonus room, a walk-in pantry, and an enclosed back porch. Ideal for commuters, the property is conveniently located near trains, buses, highways, parks, and schools. Whether you're seeking a strong investment opportunity with excellent cash flow potential or a multi-generational living solution, this property checks all the boxes. Don?t miss out on this incredible opportunity!

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
12
Lot size:
0.06 Acres
Year built:
1957
Baths:
5.00
MLS#:
3923854

ADDITIONAL INFORMATION

Discover an exceptional investment opportunity with this four-family brick property in Newark's vibrant upper Roseville section. Each unit features 3 bedrooms and 1 bath, providing ample space. All utilities are separate. Two garages are available, offering secure parking and additional storage options. Situated in a desirable neighborhood, this property is within a short distance to local amenities, schools, and public transportation, making it ideal for residents seeking convenience and accessibility. With a growing rental market in Newark, this property presents a lucrative opportunity for investors looking to capitalize on steady rental income. This four-family home is perfect for seasoned investors and first-time buyers looking to enter the real estate market. Don't miss out on the chance to own this fantastic property in Newark!

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
6
Lot size:
0.06 Acres
Year built:
2024
Baths:
5.00
MLS#:
3920828

ADDITIONAL INFORMATION

Brand New Construction to be built!! 2 Family with 2 car garage! 3 Bedrooms, 2 Baths per apartment with Rec room with half bath!

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
6
Lot size:
0.06 Acres
Year built:
1920
Baths:
2.00
MLS#:
3920723

ADDITIONAL INFORMATION

Back on Market! Totally renovated and gorgeous 2-family house with beautiful brick exterior. This gem has a well-maintained facade and a lovely porch. The spacious living space has abundant natural light coming in. Unit 1 has 3Br 1Ba Pantry Kitchen Living Rm Foyer Porch. On the other hand Unit 2 features 3Br 1Ba laundry Pantry Eat-in Kitchen Family Rm WIC. Both has an updated kitchen with sleek stainless steel appliances and lovely cabinets. Conveniently located near shops, schools, parks, transportation. Great investment property! What are you waiting for? Schedule showing and send offers NOW!

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
7
Lot size:
0.06 Acres
Year built:
1915
Baths:
3.00
MLS#:
3918423

ADDITIONAL INFORMATION

Newly Gut Renovated 2 Family For Sale. Unit # 1- 3 Bed, 1 Full Bath, Living Room Unit# 2- 2 floor duplex with 4 bed 2 full bath, Living Room, Formal Dining Room. Brand New HVAC. Excellent Investment Property Perfect For Investors Looking For Positive Cash Flow Or Homeowners looking to live Mortgage Free. 30 Minutes From NYC, 10 Minutes from Seton Hall University, Close to Shopping, Public Transportation & More. Delivered Vacant.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
6
Lot size:
0.08 Acres
Year built:
1998
Baths:
5.00
MLS#:
3917935
Subdivision:
North Newark

ADDITIONAL INFORMATION

2 units with recreation room behind garage, on street level with 3 rooms, full bath & wet bar, mechanic room, garage. apartment #1 on 2nd floor w 3 bedrooms 2 full baths living room dinning room, owner. Apartment #2 on 3rd floor w 3 bedrooms 2 full baths living room dinning room tenant $1400. month to month. Wood carpet & ceramic floors. central AC/Heat. Separate utilities, rear yard for entertainment.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
8
Lot size:
0.06 Acres
Baths:
5.00
MLS#:
3915418

ADDITIONAL INFORMATION

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
6
Lot size:
0.07 Acres
Baths:
6.00
MLS#:
3909557

ADDITIONAL INFORMATION

Explore a promising investment opportunity at 601 N 6th St, Newark NJ. This property, ideally located just minutes from the highly desirable Branch Brook Park, offers substantial potential for savvy investors seeking to capitalize on Newark's thriving real estate market. This is a very well-maintained 6 unit apartment building that features 6 bedrooms and 6 bathrooms, complemented by moderate updates in some of the unit's kitchens and bathrooms. The building is a great opportunity for rental income for today and the future. Don't miss out on this opportunity to acquire a lucrative investment property in Newark's thriving real estate market.

Type:
Multi-Family
Sq.Ft.:
2,747
Status:
Active
Beds:
8
Year built:
1920
Baths:
3.00
MLS#:
3905477

ADDITIONAL INFORMATION

Welcome to an exceptional investment opportunity in the heart of Newark, NJ, offering both convenience and potential for value enhancement. This 3-family property is ideally located for commuters, with easy access to the highway, ensuring hassle-free travel for tenants.With two RECENTLY RENOVATED spacious 3-bedroom, 1-bathroom units and a charming 2-bedroom, 1-bathroom unit, this property presents a versatile rental opportunity. Currently boasting market rents , there's ample room for optimization. Upon delivery, one unit will be vacant, providing the perfect opportunity for immediate value addition and potential rent increase.Furthermore, one of the units merely requires slight updates, offering a straightforward path to enhancing its appeal and maximizing rental income. The 2-bedroom apartment, in particular, commands excellent rents, making it a lucrative asset within the property. Located in a thriving neighborhood with access to local amenities and transportation options, this property holds immense promise for investors. CLOSING COST PROGRAM The Closing Cost Program provides $20,000 no-interest loans to first-time homebuyers to purchase a home in Newark. 2/3 Units VACANT OCTOBER 2024

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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.



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 07107 has a population of 306,247. Newark 07107 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 07107 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 07107 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

    59
    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
Abington Avenue School PK - 08 663 12.8 07107
Dr. William H Horton Elementary School KG - 08 700 13.5 07107
Edward T. Bowser SR. School of Excellence PK - 05 657 12.2 07017
First Avenue School PK - 08 1,009 15.1 07107
Luis Munoz Marin Elementary School PK - 08 842 12.8 07104
McKinley PK - 08 841 11.2 07104
Park Elementary School PK - 08 763 14.4 07104
Rafael Hernandez School PK - 08 634 15.1 07104
Robert Treat Academy Charter School KG - 08 625 13.1 07104
Roseville Community Charter School KG - 04 320 11.4 07107
Sussex Avenue School Burnet Street School PK - 08 451 13.3 07107

Middle Schools near Newark, NJ

School Grades Students P/T Ratio ZIP
Bragaw Avenue School KG - 08 300 10.9 07104
John L. Costley Middle School 06 - 08 480 9.8 07017
Patrick F. Healy Middle School 06 - 08 399 9.3 07017
Sojourner Truth Middle School 06 - 08 408 9.7 07017

High Schools near Newark, NJ

School Grades Students P/T Ratio ZIP
Barringer Academy of S.T.E.A.M. 09 - 12 606 9.9 07104
Barringer Arts High School 09 - 12 537 10.1 07104
Cicely L. Tyson Community Middle/High School 06 - 12 764 9.3 07017
East Orange Campus High School 09 - 12 1,632 12.3 07017
East Orange Stem Academy High School 06 - 12 574 11 07017

Ungraded Schools near Newark, NJ

School Grades Students P/T Ratio ZIP
* Essex RGC 09 - 12 21 07107
* North 13th St. Tech 09 - 12 686 11.7 07107
Essex Regional School UG - UG 0 07107

Demographics near Newark, NJ 07107

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