Newark NJ Multi Family for Sale
$750,000
389 Lyons Avenue Newark, NJ 07112
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Courtesy: Yaffa Realty
408-504-0767
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.
$795,000
249 S 19TH ST Newark, NJ 07103
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 6
- Lot size:
- 0.06 Acres
- Year built:
- 2024
- Baths:
- 5.00
- MLS#:
- 3929764
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Courtesy: EXP REALTY, LLC
866-201-6210
ADDITIONAL INFORMATION
Construction now completed on this brand new luxurious two family residence. Each unit features open concept living with 3 spacious bedrooms and 2 full bathrooms. High end custom cabinetry, quartz countertops, stainless steel appliances, glistening hardwood floors, laundry facilities, and spa like bathrooms complete this impressive package! Lower level offers a separate recreational space with half bath. Attached two car garage for convenient off-street parking options! 5 year tax abatement! Conveniently located just quarter mile from Route 280 and the Garden State Parkway for convenient access to local malls, sporting events, University Hospital, Newark International Airport, and spectacular Branch Brook Park! 10 Year home warranty included!
$649,000
224 CHESTNUT ST Newark, NJ 07105
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.07 Acres
- Year built:
- 1920
- Baths:
- 2.00
- MLS#:
- 3929758
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Courtesy: THE ARENDEL GROUP LLC
908-329-2672
ADDITIONAL INFORMATION
What an opportunity to own a Legal 2 Family House in the Ironbound, which features 2 bdrm on each floor with a long driveway and a large 4 car garage. Centrally located, near transit. SOLD in "AS IS" condition. Best and final offers are due by Tuesday, 10/29, at 12pm.
$599,000
299 S 19TH ST Newark, NJ 07103
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 5
- Lot size:
- 0.06 Acres
- Year built:
- 2002
- Baths:
- 3.00
- MLS#:
- 3929728
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Courtesy: KELLER WILLIAMS PARK VIEWS
201-939-0050
ADDITIONAL INFORMATION
Look at this new construction built in 2002! A 2 family house for sale offers total of 5Br 3Ba with a built-in 1-car garage, an exclusive driveway that can fit 2 cars and a privacy fence. It has a deck and a patio. First unit has 2 Br 1Ba while the second unit has 3Br 2Ba. Each unit has its own laundry area, spacious kitchen and dining room. Situated in a perfect location close to schools, public transportation, shops and restaurants. With this gem, you'll have easy access to everything you need while still enjoying the comfort and privacy of a home. Hurry and make this house yours now!
$669,999
Oakland Terrace Newark, NJ 07106
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 2007
- Baths:
- MLS#:
- 2505045R
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Courtesy: EXP REALTY, LLC
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.
$669,999
51 OAKLAND TER Newark, NJ 07106
- 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
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Courtesy: EXP REALTY, LLC
866-201-6210
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.
$620,000
25 N 7TH ST Newark, NJ 07107
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 6
- Lot size:
- 0.06 Acres
- Baths:
- 2.00
- MLS#:
- 3929557
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Courtesy: BHHS FOX & ROACH
908-753-4450
ADDITIONAL INFORMATION
RENOVATED TWO FAMILY HOME: ROOFING/HOT WATER HEATER/BOILERS/ELECTRICAL PANEL. A COMMUTER'S DELIGHT TO PUBLIC TRANSPORTATION: BUS/TRAIN/AIRPORT.
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Courtesy: Keller Williams Town Life
201-894-8004
ADDITIONAL INFORMATION
This sounds like an exciting opportunity! This 2 Family . With three bedrooms on each floor and a finished basement that includes its own entrance and bathroom, it seems perfect for families or even as a rental property. The separate entrances offer great flexibility for different living arrangements. If you're looking to schedule a showing or make an offer, don't hesitate homes like this can go quickly! Do you have any specific questions or details you'd like to discuss further?
$595,000
205 EASTERN PKWY Newark, NJ 07106
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 6
- Lot size:
- 0.15 Acres
- Year built:
- 1949
- Baths:
- 3.00
- MLS#:
- 3929335
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Courtesy: UNITED REAL ESTATE
888-501-6953
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.
$599,000
157 GARSIDE ST Newark, NJ 07104
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 7
- Lot size:
- 0.06 Acres
- Year built:
- 1880
- Baths:
- 2.00
- MLS#:
- 3929267
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Courtesy: KELLER WILLIAMS PARK VIEWS
201-939-0050
ADDITIONAL INFORMATION
Welcome to your new lovely home! This beautiful and totally renovated two-family residence offers a total of 7 bedrooms and 2 bathrooms and is located in a highly desirable neighborhood. The home is impeccably maintained, showcasing gorgeous hardwood floors throughout, a large basement, full attic and a roof deck. Enjoy the spacious living areas and a spacious backyard for outdoor activities. Closely located to top-rated schools and convenient access to public transportation. Don't miss out on this gem! Schedule your showing and make an offer before it's gone!
$650,000
697 S 18th Street Newark, NJ 07103
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 6
- Year built:
- 2000
- Baths:
- 5.00
- MLS#:
- 24033009
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Courtesy: PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY-TOWACO
973-335-5700
ADDITIONAL INFORMATION
Stunning 2 family house. 6 bedrooms, 4 full bathrooms, and half bathroom. Excellent for 1st time buyers or Investors. Situated in West Side. CAC. laundry, family room with half bat that lend in the backyard. Private driveway and garage. Close to shopping, schools, parks, and the major highways. It will not last. HURRY UP!!!!!
$679,900
Chester Avenue Newark, NJ 07104
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 6
- Year built:
- 2000
- Baths:
- 5.00
- MLS#:
- 24032967
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Courtesy: Exp Realty, Llc
866-201-6210
ADDITIONAL INFORMATION
Immaculate two-family home in the heart of North Newark, built in 2008 and maintained in like-new condition. Each bright and spacious unit features 3 bedrooms and 2 full baths, with open living areas perfect for comfortable living. The fully finished rec room provides additional space for entertainment or added income potential. Conveniently located just moments from McCarter Highway, this property offers easy access to transportation, making it ideal for commuters. Whether you're an investor or looking to live in one unit and rent the other, this is a rare opportunity with incredible income potential in a prime location!
$675,000
Seymour Avenue Newark, NJ 07112
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 9
- Year built:
- 1940
- Baths:
- 5.00
- MLS#:
- 24032947
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Courtesy: Wolf Premier Properties
973-218-9000
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!
$599,000
97 ORATON ST Newark, NJ 07104
- Type:
- Multi-Family
- Sq.Ft.:
- 2,400
- Status:
- Active
- Beds:
- 7
- Lot size:
- 0.06 Acres
- Year built:
- 1910
- Baths:
- 3.00
- MLS#:
- 3929021
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Courtesy: CENTURY 21 JR GOLD TEAM REALTY
973-772-9404
ADDITIONAL INFORMATION
3 Family House
$679,900
31-33 CHESTER AVE Newark, NJ 07104
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 6
- Lot size:
- 0.07 Acres
- Year built:
- 2008
- Baths:
- 5.00
- MLS#:
- 3928933
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Courtesy: EXP REALTY, LLC
866-201-6210
ADDITIONAL INFORMATION
Immaculate two-family home in the heart of North Newark, built in 2008 and maintained in like-new condition. Each bright and spacious unit features 3 bedrooms and 2 full baths, with open living areas perfect for comfortable living. The fully finished rec room provides additional space for entertainment or added income potential. Conveniently located just moments from McCarter Highway, this property offers easy access to transportation, making it ideal for commuters. Whether you're an investor or looking to live in one unit and rent the other, this is a rare opportunity with incredible income potential in a prime location! Highest & Best Wednesday 10/23 by 5:00 pm.
$749,999
279 OSBORNE TER Newark, NJ 07112
- Type:
- Multi-Family
- Sq.Ft.:
- 2,285
- Status:
- Active
- Beds:
- 10
- Lot size:
- 0.1 Acres
- Year built:
- 1921
- Baths:
- 3.00
- MLS#:
- 3928825
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Courtesy: NEW AND MODERN GROUP
201-256-1422
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.
$769,000
36 DASSING AVE Newark, NJ 07106
- Type:
- Multi-Family
- Sq.Ft.:
- 3,148
- Status:
- Active
- Beds:
- 6
- Lot size:
- 0.06 Acres
- Year built:
- 2024
- Baths:
- 4.00
- MLS#:
- 3928797
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Courtesy: DELTA PROPERTIES USA, LLC.
908-666-2380
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!
$450,000
14 NYE AVE Newark, NJ 07112
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 9
- Lot size:
- 0.09 Acres
- Year built:
- 1900
- Baths:
- 3.00
- MLS#:
- 3928649
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Courtesy: DEVINE REAL ESTATE LLC
855-201-4795
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.
$515,000
59 NORWOOD ST Newark, NJ 07106
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 6
- Lot size:
- 0.06 Acres
- Year built:
- 1996
- Baths:
- 4.00
- MLS#:
- 3928651
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Courtesy: KELLER WILLIAMS SUBURBAN REALTY
973-251-0100
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.
$625,000
Pomona Avenue Newark, NJ 07112
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Courtesy: Berkshire Hathaway Fox & Roach
973-992-6363
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!!
$589,000
408 S 11TH ST Newark, NJ 07103
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 7
- Lot size:
- 98.9 Acres
- Year built:
- 1902
- Baths:
- 4.00
- MLS#:
- 3929682
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Courtesy: KELLER WILLIAMS MID-TOWN DIRECT
973-762-5400
ADDITIONAL INFORMATION
Welcome to 408 S 11th St, a spacious multi-family home located in the vibrant city of Newark. This charming property features two separate units, offering a total of seven bedrooms and four bathrooms, along with a bonus unit that adds extra flexibility. The exterior boasts a classic design with well-maintained landscaping and inviting entryways. Inside, each unit is designed for comfort and functionality, featuring generous living areas, updated kitchens, and plenty of natural light. With its prime location near local amenities, schools, and public transportation, 408 S 11th St provides easy access to everything Newark has to offer, presenting an excellent opportunity in a desirable neighborhood. Don't miss out on the chance to own this versatile multi-family residence!
$399,000
494 S 19TH ST Newark, NJ 07103
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.06 Acres
- Baths:
- 3.00
- MLS#:
- 3928382
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Courtesy: EXP REALTY, LLC
866-201-6210
ADDITIONAL INFORMATION
Freshly updated and move in ready 2 family perfect for owner occupant or investor. 2 beds in each unit with the ability to add another bedroom which can add instant equity. Finished basement which adds an ample amount of extra living space as a bonus. Listed at an affordable price with taxes under $10k Close to shops, restaurants, bars, public transportation, schools, and places of worship. Will not last long! Submit your offers today!
$599,000
355 S 11th Street Newark, NJ 07103
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Courtesy: Keller Williams Park Views
201-939-0050
ADDITIONAL INFORMATION
Introducing an outstanding investment opportunity in Fairmount, NJ! This completely renovated MASSIVE 2-family property has been updated from top to bottom ensuring worry-free ownership for years to come. Whether you're an investor or a buyer seeking to maximize income, this property is a true gem. The new owner to either live in one unit and rent out the other or lease both units to maximize rental income. The spacious layout includes a total of 8 bedrooms and 3 full bathrooms. Both units have laundry hookup available. Located just minutes away from schools, public transportation, and major highways, this property offers the perfect combination of modern comfort and prime location. Don't miss out on this opportunity! Schedule your tour today and send offers asap!
$599,999
84 PEABODY PL Newark, NJ 07104
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 5
- Lot size:
- 0.06 Acres
- Year built:
- 1920
- Baths:
- 3.00
- MLS#:
- 3928211
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Courtesy: REALTY ONE GROUP LEGEND
973-772-0660
ADDITIONAL INFORMATION
Located in a great neighborhood in North Newark! Don't miss out on this income producing two family property. Check with the tax assessor taxes will be lowered in the upcoming months. The 1st floor features a spacious living room, eat-in-kitchen, two bedrooms and one full bath. Make your way up the stairs to the 2nd floor unit which includes a living room, eat- in-kitchen, 3 bedrooms, 2 baths, and attic for extra square footage! This property is conveniently located near major highways, local shops, and public transportation! Don't miss out on the chance to make this property your own!
$530,000
Aldine Street Newark, NJ 07112
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1927
- Baths:
- MLS#:
- 2504664R
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Courtesy: KELLER WILLIAMS ELITE REALTORS
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.
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Newark Real Estate
The median home value in Newark, NJ is $420,000. 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 $420,000. 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 has a population of 306,247. Newark is less family-centric than the surrounding county with 22.75% 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 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 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.