Newark NJ Multi Family for Sale

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Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
9
Baths:
5.00
MLS#:
24026373

ADDITIONAL INFORMATION

Ladies and gentlemen, let me take you on a journey through a property that's more than just a house it's a statement. Nestled in Newark stands a magnificent three-unit home that is the epitome of modern luxury and timeless elegance. This is not just any property; it is a turn-key opportunity for savvy investors or homeowners who are looking to make a smart move and offset their mortgage while living in style. Each of the three spacious units offers three bedrooms, providing ample room for owners or tenants to enjoy. The real showstoppers here are the two units that feature master suites each designed with a touch of class that makes every day feel like a retreat. We're talking about beautifully designed kitchens and baths that showcase quality finishes and thoughtful design. Now, imagine stepping into a home where every inch has been meticulously updated to better-than-new condition. The layouts are bright and airy, with high ceilings that create an expansive feel.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
6
Lot size:
0.13 Acres
Year built:
2007
Baths:
5.00
MLS#:
3914576

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#:
3912669

ADDITIONAL INFORMATION

Introducing a stunning 3-family residence in the heart of Newark!Discover a rare investment opportunity in this beautifully maintained home, perfectly located near downtown Newark, major highways, and the airport. Enjoy the perfect blend of convenience, accessibility, and potential for rental income. Features:- 3 units- Prime location near downtown Newark- Easy access to major highways- Close proximity to the airport- Excellent investment potentialDon't miss out on this incredible opportunity to own a piece of Newark's vibrant real estate market! Sold AS IS. The Buyer is responsible for all city certifications.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
6
Lot size:
0.11 Acres
Year built:
1929
Baths:
4.00
MLS#:
3911545

ADDITIONAL INFORMATION

Welcome to what I call the deal of the year! Don't miss out on this fantastic opportunity to own two properties for the price of one.The first property is a beautifully updated two-family home, featuring 3 bedrooms and 1 bath on each floor, with separate utilities for each unit.The second property is a fully updated bi-level event space, equipped with central air and separate utilities. This versatile space includes 2 baths, with the potential to add a third bath upstairs. Located close to shops, highways, and Newark Penn Station, this unique offering provides the perfect chance to own two income-producing properties. Don't miss out on this exceptional investment opportunity! There is an event Space and a two family property being sold together. The event space is operational. Buyer Responsible for C/O to close but seller can help as well. Two family will be delivered vacant

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
10
Lot size:
0.1 Acres
Baths:
5.00
MLS#:
3910983

ADDITIONAL INFORMATION

Discover an outstanding investment opportunity in the heart of Newark, NJ! This spacious and well-maintained three-family home offers a total of 10 bedrooms and 5 bathrooms, making it a perfect choice for investors seeking strong rental income or looking for ample living space. Seller is motivated. Sellers bank will allow new buyer to assume the mortgage at 3.7 percent interest rate . Great Investment Opportunity

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
6
Year built:
2000
Baths:
5.00
MLS#:
24018928

ADDITIONAL INFORMATION

Multi-unit property with 3 units newer building well maintained ready to go. Two residential units with one unit occupied and second unit vacant calling all buyers utilize the rental income to pay your mortgage, The first floor is a commercial unit month to month lease or set up your own business. Showing on weekend only will schedule like open houses.

Type:
Multi-Family
Sq.Ft.:
4,500
Status:
Active
Beds:
6
Lot size:
0.07 Acres
Year built:
2012
Baths:
5.00
MLS#:
3907278
Subdivision:
Upper Clinton Hill

ADDITIONAL INFORMATION

Multi-unit property with 3 units newer building well maintained ready to go. Two residential units with one unit occupied and second unit soon to be vacant calling all buyers utilize the rental income to pay your mortgage, The first floor is a commercial unit either resign the current tenant or set up your own business.

Type:
Multi-Family
Sq.Ft.:
2,816
Status:
Active
Beds:
8
Year built:
1902
Baths:
3.00
MLS#:
3905487

ADDITIONAL INFORMATION

Discover the epitome of investment opportunity with this impeccably maintained 3-family residence nestled in the heart of Newark, NJ's most sought-after locale. Property rents will cover the entire mortgage no matter FHA, VA, Conventional, or Cash . Boasting not only RECENTLY RENOVATED UNITS but also immense potential for added value, this property stands as a beacon for discerning investors. With tenants currently on month-to-month leases, the door is wide open for strategic upgrades and rental rate adjustments to maximize your returns.Situated in a prime commuter-friendly area, convenience is paramount. Bus stops conveniently stationed plus a new school across the street and a new police academy a mere block away, safety and education are prioritized.As Newark's landscape undergoes rapid revitalization, investing in this property means positioning yourself at the forefront of growth and development. Seize the opportunity to own a piece of Newark's promising future. Property qualifies for NEWARK LIVE GRANT : provides $20,000 no-interest loans to first-time homebuyers to purchase a home in Newark. Over a five-year period, 20 percent of the loan is forgiven for each full year in which the recipient has lived in the home.MUNICIPAL EMPLOYEE HOUSING ASSISTANCE PROGRAMThis program is similar to the Live Newark Closing Cost Program.. It provides $20,000 no-interest forgivable loans to purchase a home in Newark

Type:
Multi-Family
Sq.Ft.:
3,630
Status:
Active
Beds:
10
Lot size:
0.05 Acres
Year built:
1917
Baths:
4.00
MLS#:
3903613

ADDITIONAL INFORMATION

Discover an extraordinary investment opportunity in the heart of Newark! This remarkable 3-family home boasts of 9 bedrooms 4 full baths & a finished basement. This property is conveniently situated in Newark, offering easy access to schools, parks, shopping, dining, and public transportation. It's a golden opportunity for investors and those seeking a versatile and comfortable living space.

Type:
Multi-Family
Sq.Ft.:
2,950
Status:
Active
Beds:
8
Lot size:
0.06 Acres
Year built:
1924
Baths:
3.00
MLS#:
3903609

ADDITIONAL INFORMATION

Discover an extraordinary investment opportunity in the heart of Newark! This remarkable multi family home situated on a quiet street, boasts of 8 bedrooms and 3 full baths, stands as a shining example of spacious and versatile living. This property is conveniently situated in Newark, offering easy access to schools, parks, shopping, dining, and public transportation. It's a golden opportunity for investors and those seeking a versatile and comfortable living space.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
6
Lot size:
0.08 Acres
Baths:
3.00
MLS#:
3902223

ADDITIONAL INFORMATION

GREAT INVESTMENT PROPERTY WITH SUPER LOW TAXES ($4575). Renovated 2 family property. 1st FL apartment has 2BR and 1BA. 2nd Fl apartment has 4BR and 2BA. Both apartments are vacant.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
16
Lot size:
0.07 Acres
Baths:
5.00
MLS#:
3887092

ADDITIONAL INFORMATION

Very huge building approved for 3 family dwelling. Currently being used a a shelter (Class 1 Shelter) and approved for 39 people. Zoning is already approved for shelter and new owner doesn't need new zoning. However only the building is offered for sale. This landmark historic building features 15 bedrooms, 3 living rooms, laundry room, 3 full and 2 half baths, new heating unit and parking for 4 cars.

Type:
Fourplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.07 Acres
Year built:
1915
Baths:
MLS#:
2401125R

ADDITIONAL INFORMATION

Great investment Large four family.

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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 07108 has a population of 306,247. Newark 07108 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 07108 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 07108 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

    53
    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
Avon Avenue School KG - 08 511 13.8 07108
Belmont Runyon Elementary School PK - 08 486 13.1 07108
Camden Street Elementary School PK - 08 593 10.6 07103
Miller Street School At Spencer PK - 08 468 11.7 07108
New Horizons Community Charter School KG - 05 479 13.7 07103
Newark Legacy Charter School PK - 05 610 12.4 07108
Peshine Avenue School PK - 08 664 11.1 07112
Quitman Community School PK - 08 554 10.4 07103
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
Chancellor Avenue Annex KG - 02 114 07112
Early Childhood School Maple Avenue KG - 08 399 10.1 07112
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
Bard Early College High School 09 - 12 300 11.5 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
Weequahic High School 09 - 12 483 11.5 07112

Ungraded Schools near Newark, NJ

School Grades Students P/T Ratio ZIP
* Fast Track Success Academy 07 - 12 88 17.6 07108
* Newark Innovation Academy 09 - 12 14 13.5 07108
* Newark Tech 09 - 12 737 13.4 07103
Eagle Academy for Young Men of Newark 06 - 12 155 8.6 07112
Girls Academy of Newark 06 - 12 86 7.2 07112
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
N J Regional Day School - Newark 01 - 12 135 7.9 07112

Demographics near Newark, NJ 07108

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