Newark NJ Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
n/a
Status:
NEW LISTING
Beds:
7
Baths:
3.00
MLS#:
24036671

ADDITIONAL INFORMATION

Amazing Investment Opportunity! This gorgeous multifamily home boasts two large updated units. The first unit has 3 good sized bedrooms, a large living room, kitchen, sunporch and bonus room. The 2nd unit is even larger as it is a duplex. The 2nd floor has 2 bedrooms, a formal dining room, large living room, kitchen and sunroom. There are two additional bedrooms and another bath on the 3rd floor. Downstairs is a large basement which is perfect for storage. Outside you have a beautiful front yard and backyard. The driveway runs down the entire lot which provides plenty of parking. This property ideally located on a quiet tree lined street and is close to everything. Minutes away from I-78, route 22, and the parkway. Public transportation to NYC two blocks away. You do not want to miss this fantastic opportunity to own a prime income producing property.

Type:
Other
Sq.Ft.:
n/a
Status:
NEW LISTING
Beds:
n/a
Lot size:
0.09 Acres
Year built:
2002
Baths:
MLS#:
2506339R

ADDITIONAL INFORMATION

For first-time buyers, this multi-family property offers an excellent opportunity to build equity and generate rental income, which can help offset mortgage costs. With six bedrooms and four bathrooms across 3,398 square feet, this home provides flexibility for both living and renting. The additional rental units could cover a significant portion of the mortgage, making it financially appealing to buyers looking to ease their homeownership expenses. Located near major transportation, parks, Newark Airport, and with easy access to New York City, this property would also be ideal for those seeking a home with convenient commuting options and a strong rental market. Highlighting these benefitssuch as rental income potential, investment growth, and location advantagescould make it very attractive to first-time buyers looking to maximize their financial security.

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
6
Baths:
3.00
MLS#:
24035887

ADDITIONAL INFORMATION

DOUBLE LOT. Welcome to this meticulously maintained 3-family home, a perfect opportunity for both homeowners and investors. This property features a thoughtful layout across three units on levels, making it ideal for comfortable living or generating rental income. The property features a large backyard on a double lot.. Conveniently situated just six blocks from the Garden State Parkway, this home offers easy access to major highways, shopping, and dining, making it a prime location for those seeking both comfort and convenience. All units rented and rents are up to date.

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
6
Baths:
2.00
MLS#:
24035655

ADDITIONAL INFORMATION

Beautifully renovated two-family investment property with private entrances for each unit. Both spacious units offer three bedrooms, a full bath, and an eat-in kitchen with generous counter and cabinet space. The inviting living rooms and hardwood floors throughout add warmth and style. A full, unfinished basement provides excellent additional storage. Each unit has separate utilities, and there is ample off-street parking in the driveway. Conveniently located near parks, restaurants, shopping, public transportation, major highways, and just a short distance to NYC. To preview this property, please call Ascensao Gutierrez at 973-207-0956

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
6
Baths:
2.00
MLS#:
24035418

ADDITIONAL INFORMATION

Bring your tools, your vision, and your 203k loan and make this your own dream home with the added bonus of income. Enjoy the LEFT side of this side by side duplex which offers a partially finished 3 bedroom unit on level one (left side) and a fully gutted, ready to be remodeled 3 bedroom on level 2 (left side). Each floor, when done, will have 3 bedrooms, bath, kitchen and living area. Side yard belongs to this home, separate basement for this side and rear parking all included. Sale will be AS IS and buyer will be responsible for payment of the city requirements and inspections. Cash or renovation loan required.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
6
Lot size:
0.06 Acres
Year built:
2006
Baths:
5.00
MLS#:
3931126

ADDITIONAL INFORMATION

Welcome to the perfect investment opportunity in the heart of Newark! Live in one unit and rent out the other to live mortgage-free or generate cash flow from both units. Each unit features 3 bedrooms and 2 bathrooms. The property also includes a fully finished basement with a separate entrance and a 1-car garage. Don't miss out on this amazing opportunity!

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
6
Lot size:
0.09 Acres
Year built:
1922
Baths:
3.00
MLS#:
3930349
Subdivision:
Weequahic

ADDITIONAL INFORMATION

spacious rooms in this three family home lots of old charm stained glass window, front and rear stairs, fenced backyard and driveway great location very convenient to shopping schools easy access to route 78 and Weequahic park. The property is been Sold As Is condition.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
7
Lot size:
0.08 Acres
Year built:
1900
Baths:
3.00
MLS#:
3930214

ADDITIONAL INFORMATION

Legal brick 3 family house, featuring 7 bedrooms, 3 full bathrooms, parking and a full baseman, tons of potential, property needs some TLC but it has great potential. Property is being sold in as is condition

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
7
Baths:
3.00
MLS#:
24033387

ADDITIONAL INFORMATION

OWNER INCENTIVE. ASSUMABLE FHA MORTGAGE-3% INTEREST RATE FOR 27 YEARS! New Construction (2021) Current Rental income is $4562 Plus Basement with plumbing in place. First Floor Unit (3Bed/1Bath) 3 queen-size bedrooms Open kitchen with a breakfast bar Granite counters +stainless steel appliances +Access to outdoor space ($2062 current rent) Second Floor Unit (Duplex): 4 bedrooms, 2 bathrooms Large living room and dining area Master bedroom suite with room for an office, bathroom suite, and walk-in closet ($2500 current rent). Additional Features: Three separate meters for easy management of utilities All-electric home, keeping overhead costs low Investor-friendly setup with strong rental potential.

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
9
Year built:
1940
Baths:
5.00
MLS#:
24032947

ADDITIONAL INFORMATION

Welcome to this exceptional multifamily investment opportunity! This property features 3 large units, each designed with comfort and modern living in mind. Additionally, a 4th ground-level unit with separate outdoor entrance offers endless possibilities and can even be used as expansion of first unit. With numerous modern upgrades you can enjoy peace of mind while maximizing your investment. This property is perfectly situated on a corner lot, and close to public transportation and local amenities, ensuring high demand and rental potential. Don't miss your chance to capitalize on this incredible opportunity schedule a viewing today!

Type:
Multi-Family
Sq.Ft.:
2,285
Status:
Active
Beds:
10
Lot size:
0.1 Acres
Year built:
1921
Baths:
3.00
MLS#:
3928825

ADDITIONAL INFORMATION

Welcome to 279 Osborne Terrace, a remarkable investment opportunity nestled in the heart of Newark, NJ. This 3-family home boasts 10 bedrooms and 3 bathrooms across its impressive 4500 square foot lot. Each of the three units, comprising a 4-bedroom and two 3-bedroom apartments, has been completely renovated in 2020, offering a fresh and modern living space. This property is perfectly poised for both long-term leasing and short-term rental opportunities, fully compliant with local short-term rental regulations. Whether you're looking to cater to long-stay tenants or capitalize on the lucrative short-term rental market, 279 Osborne Terrace is an investor's dream. Tenants will appreciate the autonomy of separate heating, ensuring personal comfort and expense control. The residence also features a spacious driveway with 4 parking spaces and a 2-car garage, a delightful backyard for leisure, and a full basement for additional storage or potential expansion. With its new siding and less than 3 miles proximity to Newark airport, this house is an attractive prospect for commuters and travelers alike. Seize the chance to own this versatile property; it's not just a home, it's a smart financial move. This home has no leases, no tenants, and will be delivered completely vacant.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
9
Lot size:
0.09 Acres
Year built:
1900
Baths:
3.00
MLS#:
3928649

ADDITIONAL INFORMATION

DO NOT USE SHOWINGTIME Do not approach the home without appointment approval, sold strictly as is, where is, do not enter the home without a confirmed appointment. Solid 3 family located in quiet area of Weequahic area. Property has new roof, basement floor was dropped to allow an 80" floor to ceiling height, new steel girders w steel posts, plumbing roughing in basement completed, French drain with sump pump cavity dug out and ready for sump pump installation. Buyer responsible for temp CO needed to close. Property is currently board up with no power, must bring flash lights and tools for viewing.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
6
Baths:
3.00
MLS#:
24032723

ADDITIONAL INFORMATION

Welcome to 264 Pomona Ave!!.this fantastic investment opportunity in the Weequahic section of Newark features 3 units that are in move in ready condition, high ceilings, hardwood floors, updated kitchens, spacious floor plan, 2 bedrooms on the first floor and second floor with an additional den/home office on both levels...2 car detached garage...this corner property has an unfinished basement and is located close to major highways, NYC transport, hospitals and shopping areas!!...property is being sold in an "as is" condition, seller will not address any repairs, buyer responsible for all town certificates at buyers expense...1st and 2nd floors are tenant occupied...units are identical in layout...this is not to be missed...property needs some TLC ....schedule your tour today!!

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1927
Baths:
MLS#:
2504664R

ADDITIONAL INFORMATION

Welcome to this BEAUTY of Newark, NJ. This Multi Family property is ready for your special touch. 2Bds, 1Bath, Eat In Kitchen, and Living/Dining rooms on each floor. 2nd floor comes with a Sun Porch and extra room for comfort or office space. Attic has one open room with a side storage space. Basement is an open space replete with 2 150 Gallon Oil Tanks; 3/4 quarters full each ready for the winter months. Roof 3 years old. Driveway with 1 car detached garagae in the back. Looking for Quick Close. SOLD AS IS. Seller will not make any repairs. Highest and Best due by 10/16/2024.

Type:
Multi-Family
Sq.Ft.:
2,930
Status:
Active
Beds:
9
Lot size:
0.09 Acres
Year built:
1940
Baths:
5.00
MLS#:
3927831
Subdivision:
Clinton Hills

ADDITIONAL INFORMATION

Welcome to this exceptional multifamily investment opportunity! This property features 3 large units, each designed with comfort and modern living in mind. Additionally, a 4th ground-level unit with separate outdoor entrance offers endless possibilities and can even be used as expansion of first unit. With numerous modern upgrades you can enjoy peace of mind while maximizing your investment. This property is perfectly situated on a corner lot, and close to public transportation and local amenities, ensuring high demand and rental potential. Don't miss your chance to capitalize on this incredible opportunity schedule a viewing today!

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
9
Lot size:
0.1 Acres
Year built:
1925
Baths:
4.00
MLS#:
3927144

ADDITIONAL INFORMATION

Welcome home to the Weequachic Section . This 3 -Story Unit entail 9 bedrooms and 4 baths, OVERSIZED BEDROOMS, Eat in KITCHEN AREA, and Spacious Living and Dining Area with additional storage space. Private Driveway, Patio and Backyard for entertaining, finished basement, and so much more. 25 Mins away from NYC, 10 Min. from Newark Airport, lastly steps away from transportation, parks, laundry, shopping and dining. Down Payment Assistance up to 32K.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
7
Baths:
3.00
MLS#:
24031459

ADDITIONAL INFORMATION

Discover this spacious 2-family home with a bonus unit, perfect for primary residence or rental income! Each of the identical units on the 1st and 2nd floors features a kitchen with a large pantry, a bright living room, and a full bathroom. The 2nd-floor unit boasts elegant French doors and includes access to a bonus third-floor suite with a bedroom, living space, mini kitchen, and bathroom. Enjoy ample parking, a detached unfinished garage, and a full basement for extra storage. Ideal for investors or homeowners! Highest and Best Due October 10 at 12PM EST

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
5
Baths:
2.00
MLS#:
24031012

ADDITIONAL INFORMATION

Large Two Family Home with Finished Attic In Need of TLC. INVESTOR OPPORTUNITY! Home being Sold "as is" NO REPAIRS and buyer responsible to obtain Certificate of Occupancy. Home has long Driveway for easy parking and spacious Back Yard. Basement is Unfinished but with a lot of Possibilities. Great Opportunity for a Rehab Loan, FHA 203K, or Cash Offers ONLY!. Located down the street from Newark Beth Israel Medical Center, Close to Schools, Houses of Worship, Shops, Restaurants, and Transportation.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
7
Lot size:
0.08 Acres
Year built:
1922
Baths:
3.00
MLS#:
3925676

ADDITIONAL INFORMATION

Welcome home! This versatile two-family house offers a fantastic opportunity for both investors and homeowners. Each of the two main units features three spacious bedrooms, living-room and full bath, providing ample living space. The third unit includes one bedroom, kitchen and a full bath. The strategic layout allows you to rent out the two larger units and potentially live in the third unit rent-free. The basement also holds great potential for your creativity, adding even more value to this property. Parking garage available on site for your needs. Located near all public transportation, highways, this home ensures convenient commute and easy access to NY Don't miss out on this prime investment opportunity!

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Baths:
2.00
MLS#:
24030815

ADDITIONAL INFORMATION

his charming, renovated, and well-maintained two-unit property offers a spacious and comfortable living experience. Each unit features a large living room, a formal dining room, French doors leading to a private balcony, an office space perfect for working from home, a cozy porch, a convenient pantry, and two generously sized bedrooms. The property is ideally located within walking distance to Beth Israel Hospital and just minutes away from Newark International Airport. You'll also enjoy easy access to an array of nearby amenities, including shops, restaurants, parks, and malls. Commuters will appreciate the close proximity to major highways, parkways, NJ Transit, and direct NYC transportation, making this property perfect for those seeking both convenience and charm. More pictures coming soon

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
8
Baths:
4.00
MLS#:
24030563

ADDITIONAL INFORMATION

Great opportunity to generate income with this three-unit home, featuring a basement that could be finished for additional space and a shared driveway for convenient parking. The first floor is newly renovated, offering modern comfort for tenants or an owner-occupant. Located close to the hospital, a nearby park, and Newark Airport, this property is perfect for those seeking a solid investment in a prime location.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
7
Lot size:
0.08 Acres
Year built:
1922
Baths:
3.00
MLS#:
3924809

ADDITIONAL INFORMATION

Welcome to this new investment opportunity! Utilize your greatest imagination and bring your dream house to life! This 2 Family property has an exclusive 1-car width driveway that can fit up to 4 cars. This property needs work. Buyer responsibility to do due diligence and obtaining municipality certificates. What are you waiting for? Schedule showing and send offers asap!

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
9
Year built:
1950
Baths:
3.00
MLS#:
24028966

ADDITIONAL INFORMATION

Don't miss this move-in-ready, 3-unit multi-family home in the highly desirable Weequahic section of Newark. Each unit boasts three spacious bedrooms, a large eat-in kitchen, and a generously sized living room, perfect for those looking to generate passive income. Whether you rent out all units or live in one while renting the others, the prime location near Newark Beth Israel Medical Center, St. Peters Park, schools, public transportation, and shopping makes it an excellent choice for both tenants and owners. Invest today in one of Newark's most sought-after neighborhoods!

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
6
Lot size:
0.1 Acres
Year built:
1920
Baths:
4.00
MLS#:
3923637

ADDITIONAL INFORMATION

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
6
Lot size:
0.11 Acres
Baths:
3.00
MLS#:
3921701
Subdivision:
South Ward

ADDITIONAL INFORMATION

To be sold in as is condition buyer responsible for all city inspections and repairs 2 apartments w full attic full unfinished basement w plumbing for bathroom aptm 1 2 bedrooms liv room kit bath, aptm 2 3 bedrooms liv room bath attic 3 rooms. Driveway w detached garage. both tenants month to month 31 $1300.00 #2 $1,500.00 w attic.

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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

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.
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 07112 has a population of 306,247. Newark 07112 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 07112 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 07112 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

    72
    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
Ann Street School PK - 08 1,219 15.4 07105
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
Chancellor Avenue School KG - 08 466 12.3 07112
Cleveland Eighteenth Avenue School PK - 08 352 12.6 07103
Early Childhood Academy - Berliner PK - PK 141 07103
Early Childhood Academy - Maple PK - PK 0 07112
Early Childhood Academy - South PK - PK 48 8.5 07112
Fourteenth Avenue School KG - 04 213 9.3 07103
George Washington Carver Elementary School KG - 08 460 13.1 07112
Harriet Tubman Elementary School PK - 06 323 12 07103
Hawthorne Avenue School KG - 08 319 11.8 07112
Lafayette Street School PK - 08 1,017 15 07105
Miller Street School At Spencer PK - 08 468 11.7 07108
Peshine Avenue School PK - 08 664 11.1 07112
Quitman Community School PK - 08 554 10.4 07103
South Seventeenth Street School KG - 08 423 12.1 07103
Thirteenth Avenue School Martin Luther King PK - 08 702 10.5 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
Bragaw Avenue School KG - 08 300 10.9 07104
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
Arts High School 07 - 12 684 11.6 07102
Barringer Academy of S.T.E.A.M. 09 - 12 606 9.9 07104
Barringer Arts High School 09 - 12 537 10.1 07104
Central High School 09 - 12 766 8.8 07103
East Side High School 09 - 12 1,628 13.9 07105
Malcolm X Shabazz High School 09 - 12 662 10.8 07108
Newark Early College High School 07 - 12 324 8.1 07103
Science Park High School 07 - 12 800 12.1 07102
Technology High School 09 - 12 594 10.1 07102
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 Leadership Academy 09 - 12 33 3.7 07103
* Newark Vocational High School 09 - 12 395 9.9 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
N J Regional Day School - Newark 01 - 12 135 7.9 07112

Demographics near Newark, NJ 07112

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