Newark NJ Multi Family for Sale
$650,000
19 BARBARA ST Newark, NJ 07105
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 5
- Lot size:
- 0.06 Acres
- Baths:
- 3.00
- MLS#:
- 3925586
- Subdivision:
- Ironbound
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Courtesy: KELLER WILLIAMS METROPOLITAN
973-539-1120
ADDITIONAL INFORMATION
GREAT INVESTMENT PROPERTY IN THE HEART OF THE IRONBOUND SECTION OF NEWARK! Estate Sale! Great opportunity to own a two family-possibly three family investment property! Rent two units & live in the other. Buyer to do due diligence, waiting for proof from town. First floor has three, large bedrooms with ceiling fans, plenty of natural lighting, large eat in kitchen with plenty of kitchen cabinets, full large bathroom, walk in closet, computer room, open porch, full basement & yard; 2nd floor is rented with great tenants, one bedroom, large living area, kitchen & bathroom; third floor has a separate entrance, open floor plan with large living/kitchen area, bedroom & bathroom. House is being sold strictly "As Is." Separate Utilities, two furnaces, two gas meters, two hot water heaters, fuel Gas Natural, public water/sewer. Within walking distance to restaurants, retail stores, local grocery stores, public transportation & easy access to all major routes. Property is being sold with the second floor tenant. C. of O. has already been obtained. Amazing low taxes!
$675,000
501 S 10TH ST Newark, NJ 07103
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 9
- Lot size:
- 0.03 Acres
- Year built:
- 1930
- Baths:
- 5.00
- MLS#:
- 3925494
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Courtesy: COLDWELL BANKER REALTY
973-233-2300
ADDITIONAL INFORMATION
Large 3 family property fully occupied. All three apartments have been recently renovated. Hardwood floors throughout all apartments. Large Eat-In kitchens, 2 ensuites with large bedrooms and spacious closets. Good size backyard.
$625,000
45 FINLAY PL Newark, NJ 07106
- Type:
- Multi-Family
- Sq.Ft.:
- 2,823
- Status:
- Active
- Beds:
- 7
- Lot size:
- 0.06 Acres
- Year built:
- 1902
- Baths:
- 4.00
- MLS#:
- 3925437
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Courtesy: HOMESMART FIRST ADVANTAGE
973-354-5000
ADDITIONAL INFORMATION
Great opportunity to purchase in the Vailsburg section of Newark. Great quiet street with excellent rental history. House is fully occupied with great tenants. House has been well maintained.
$585,000
132 WAKEMAN AVENUE Newark, NJ 07104
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 6
- Year built:
- 1907
- Baths:
- 2.00
- MLS#:
- 3925428
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Courtesy: BHHS FOX & ROACH
908-273-0400
ADDITIONAL INFORMATION
Don't miss out on this charming and spacious home! Well kept, three story, two family home with finished attic & basement. The third story features an updated living area with a spacious bedroom and closet. Also, there is a pull down to attic for additional storage. First and second floors can use some cosmetic updates with endless possibilities. Charming and grand foyer. Plenty of yard space to entertain with patio area. Property selling "AS IS", no known issues. Each unit has central AC and heating. Near Boys and Girls Club, Schools, & Public Transportation.
$575,000
211-213 S 10TH ST Newark, NJ 07107
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 5
- Lot size:
- 0.1 Acres
- Year built:
- 2003
- Baths:
- 3.00
- MLS#:
- 3925303
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Courtesy: SIGNATURE REALTY NJ
973-921-1111
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.
$600,000
Shephard Avenue Newark, NJ 07112
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Courtesy: Re/Max Professionals 1
973-450-4000
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.
$699,900
18 BARBARA ST Newark, NJ 07105
- Type:
- Multi-Family
- Sq.Ft.:
- 2,194
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.06 Acres
- Year built:
- 1920
- Baths:
- 2.00
- MLS#:
- 3925332
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Courtesy: CASA REAL PROP. KELLER WILLIAMS
973-684-1110
ADDITIONAL INFORMATION
2 family home in desirable Iron Bound Section of Newark. 1st and 2nd floor with open concept combined living room, dining room and Kitchen, 2 bedrooms and full bath. Plenty of great restaurants and close to transit and major highways and place of worship. Property also has bonus Cottage in the back of the property.
$595,000
162 S 11th Street Newark, NJ 07107
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 10
- Year built:
- 1980
- Baths:
- 4.00
- MLS#:
- 24030423
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Courtesy: KELLER WILLIAMS HUDSON VALLEY REALTY
845-639-0300
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
$865,999
234 ROSEVILLE AVE Newark, NJ 07107
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 8
- Lot size:
- 0.25 Acres
- Year built:
- 1907
- Baths:
- 5.00
- MLS#:
- 3925042
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Courtesy: EXP REALTY, LLC
866-201-6210
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!
$449,000
124 MAPES AVE Newark, NJ 07112
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 7
- Lot size:
- 0.08 Acres
- Year built:
- 1922
- Baths:
- 3.00
- MLS#:
- 3924809
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Courtesy: KELLER WILLIAMS PARK VIEWS
201-939-0050
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!
$560,000
16 ALEXANDER ST Newark, NJ 07106
- Type:
- Multi-Family
- Sq.Ft.:
- 2,416
- Status:
- Active
- Beds:
- 8
- Lot size:
- 0.09 Acres
- Year built:
- 1990
- Baths:
- 3.00
- MLS#:
- 3924795
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Courtesy: EXP REALTY, LLC
866-201-6210
ADDITIONAL INFORMATION
Welcome to this fantastic 3 unit investment property located in a desirable neighborhood! Each unit offers a spacious layout with features such as updated kitchens, modern appliances, hardwood floors, and CENTRAL AIR. Whether you're looking to expand your investment portfolio or seeking a multi-unit property to generate passive income, this 3 unit investment property presents a lucrative opportunity for savvy investors. With 1 unit vacant, this property provides the perfect house-hacking opportunity. Don't miss out on this great investment potential!
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Courtesy: Re/Max Select - Montclair
973-739-8008
ADDITIONAL INFORMATION
SHORT SALE. final price subject to lender approval. Drive BY Only. Currently no interior access. Uncooperative Tenants. Home is occupied do not trespass. Sold strictly as is Buyer Responsible for C/O
$599,000
22 FARLEY AVE Newark, NJ 07108
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 9
- Lot size:
- 0.09 Acres
- Baths:
- 3.00
- MLS#:
- 3924615
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Courtesy: TWRG REALTY GROUP
908-355-1717
ADDITIONAL INFORMATION
Welcome to a fantastic opportunity to own a well-maintained legal two-family home in the heart of Newark, NJ. This property is a great investment, featuring spacious units, each with generously sized three bedrooms. In addition, the attic offers extra living space with three additional bedrooms. All units are in excellent condition and have separate utilities. The property also includes a detached two-car garage. Located in a prime area with easy access to public transportation, major highways, Newark Penn Train Station, and local stores, this is a money-making multi-family home you don't want to miss!
$679,900
211 FAIRMOUNT AVE Newark, NJ 07103
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 9
- Lot size:
- 0.06 Acres
- Year built:
- 1908
- Baths:
- 3.00
- MLS#:
- 3924591
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Courtesy: RE/MAX PROFESSIONALS I
973-450-4000
ADDITIONAL INFORMATION
Discover this newly renovated 3-family home in vibrant University Heights, Newark! Each unit boasts 3 bedrooms and 1 bath, ideal for modern living. Enjoy a fresh, vacant space ready for immediate move-in or rental. Located in a dynamic neighborhood with easy access to local amenities and transportation. Don't miss this opportunity to own a versatile property in a thriving community!
$899,000
S 10th Street Newark, NJ 07103
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Courtesy: Luxe Listings
914-898-5893
ADDITIONAL INFORMATION
Luxe Listing Alert! Experience luxury like never before with this RARE new construction masterpiece in the heart of Newark, NJ! This isn't just a home; it's a statement. With two ultra-modern duplex units, this property is perfect for the savvy buyer looking for both style and substance. The top floor unit offers three large bedrooms, two bathrooms, a stunning rooftop deck with views of NJ, and a chic mezzanine area that adds a sophisticated touch to the already spacious layout. The bottom-floor unit also features three large bedrooms and exclusive access to a private backyard, your own retreat in the city. Every inch of both units has been designed with meticulous attention to detail, from the open-concept living spaces to the sleek kitchens. With nothing else like it in Newark, this property won't be available for long. Schedule a private showing today and experience this Luxe Listing yourself! 10 Year Builder's Warranty included. Property qualifies for 5 year tax abatement.
$849,000
620 N 7th Street Newark, NJ 07107
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Courtesy: Coldwell Banker, Clifton
973-778-4500
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
$610,000
243 4TH ST Newark, NJ 07107
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 7
- Lot size:
- 0.07 Acres
- Year built:
- 1915
- Baths:
- 4.00
- MLS#:
- 3924334
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Courtesy: DESTINY REALTY
973-984-8500
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!
$625,000
357 AVON AVE Newark, NJ 07108
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 6
- Lot size:
- 0.06 Acres
- Year built:
- 1900
- Baths:
- 7.00
- MLS#:
- 3924763
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Courtesy: RE/MAX INSTYLE
609-303-3456
ADDITIONAL INFORMATION
Prime 4-Unit Mixed-Use Property in Newark, NJ. High-Income Potential! This versatile mixed-use property offers incredible income opportunities in a highly desirable location. On the first level, there are two commercial spaces: one previously used as a hair salon and the other currently rented for $1,400/month.The second level features two newly renovated 3-bedroom apartments, both boasting fresh paint and new flooring. One unit is currently rented under market value to excellent tenants for $1,700/month, while the other is vacant and move-in ready. Both residential and commercial units have separate meters, providing ease of management. The property also includes new water heaters and a full unfinished basement, offering extra storage or expansion potential. With great tenants in place and an unbeatable location, this property is a smart investment with plenty of upside.
$829,000
38 PALM ST Newark, NJ 07106
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 7
- Lot size:
- 0.08 Acres
- Baths:
- 5.00
- MLS#:
- 3924195
- Subdivision:
- West Ward
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Courtesy: EXIT REALTY LUCKY ASSOCIATES
908-289-7746
ADDITIONAL INFORMATION
1 Brand new 2 fam under home under construction , 1st garage , utility room, rec room, with half bath connection to apartment #1 with 3 bedrooms, living room, dining room, kitchen 2 full baths . Apartment #2 3 bedrooms , living room, dining room, kitchen and 2 baths. Wood and ceramic floors , central ac separate utilities , 10 year HOW , owner occupied house may qualify for 5 year tax abetment laundry hook ups. lot size 35x100 . house foot print 22x61. side yard w 15 feet and future possible driveway
$599,000
124 STONE ST Unit 2 Newark, NJ 07104
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 6
- Lot size:
- 0.07 Acres
- Year built:
- 1900
- Baths:
- 3.00
- MLS#:
- 3923969
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Courtesy: C-21 JOHN ANTHONY
732-906-2300
ADDITIONAL INFORMATION
CLEAN APARTMENTS , MOVE IN READY. LOW PROPERTY TAXES
$1,299,000
93 DAVENPORT AVE Newark, NJ 07107
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 12
- Lot size:
- 0.06 Acres
- Year built:
- 1957
- Baths:
- 5.00
- MLS#:
- 3923854
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Courtesy: LIBERTY REALTY, LLC.
201-222-2900
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!
$600,000
48 ELM RD Newark, NJ 07105
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 7
- Lot size:
- 0.07 Acres
- Baths:
- 7.00
- MLS#:
- 3923989
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Courtesy: COMPASS NEW JERSEY LLC
551-212-3870
ADDITIONAL INFORMATION
Discover an exceptional development opportunity at 48 Elm Rd in the sought-after Ironbound section of Newark, NJ. This property comes with city-approved plans for transforming the existing commercial office space into a modern boutique three-family residence. The approved plans include a spacious 2,160-square-foot garage on the ground floor, complemented by an additional 365-square-foot outdoor patio area. The second floor features two units: Unit 201, a 2-bedroom, 2-bathroom apartment totaling 845 SF, and Unit 202, another 2-bedroom, 2-bathroom unit with 797 SF. The third floor boasts a luxurious 3-bedroom, 3-bathroom apartment with a den, office, living room, kitchen, and terrace spanning 1,697 SF. Key features of the development include Garage: On-site parking for 3 cars. Elevator: Convenient access from the ground floor to the rooftop. Rooftop Garden Lounge: A deck that can accommodate up to 20 people. High-End Finishes: Hardwood floors, central AC, energy-efficient lighting, and brand-new appliances in each unit. In-unit laundry: Each apartment includes a washer/dryer for added convenience. Private financing for acquisition and construction is available upon request. Whether you build and hold or sell the completed units, this project presents a promising opportunity for significant returns on investment. Located just minutes from Newark Penn Station, with easy access to NY Penn Station, it is a prime choice for developers ready to capitalize on the area's growth.
$690,000
387 Leslie Street Newark, NJ 07112
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Courtesy: Re/Max First Realty
732-257-3500
ADDITIONAL INFORMATION
Charming Renovated 3-Family Home Perfect for First-Time Buyers or Investors!This renovated 3-family Property offers an exceptional income producing opportunity. Two of the three units feature formal living and dining rooms and a den perfect for a home office or an additional bedroom. Full Sized Unfinished basement with ample space.A generous 4/5 car driveway, ensuring plenty of parking for residents and guests. Enjoy easy access to public transportation and major highways, making commuting a breeze.Don't miss out on this rare opportunity to own a beautifully renovated property with excellent rental potential or a perfect place to call home.
$750,000
695 S 11TH ST Newark, NJ 07103
- Type:
- Multi-Family
- Sq.Ft.:
- 3,650
- Status:
- Active
- Beds:
- 8
- Lot size:
- 0.06 Acres
- Year built:
- 2008
- Baths:
- 5.00
- MLS#:
- 3923165
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Courtesy: EREALTY ADVISORS, INC.
732-564-6900
ADDITIONAL INFORMATION
Welcome to this fantastic investment opportunity in the heart of Newark, NJ! This property boasts three spacious units, perfect for investors looking to expand their portfolio or first-time buyers seeking a unique chance to own a multi-unit property.
$399,000
305 S 7TH ST Newark, NJ 07103
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 5
- Lot size:
- 0.05 Acres
- Year built:
- 1989
- Baths:
- 2.00
- MLS#:
- 3922834
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Courtesy: NIGITO REAL ESTATE LLC
201-261-2100
ADDITIONAL INFORMATION
Fantastic rental income opportunity! This vacant property is move-in ready and perfect for adding to your portfolio. Whether you're looking to live in it or rent it out, it offers easy access to public transportation. Don't miss out!
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.
The 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.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.