Newark NJ Multi Family for Sale
$699,900
132 RIDGE ST Newark, NJ 07104
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 9
- Lot size:
- 0.06 Acres
- Baths:
- 3.00
- MLS#:
- 3917173
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Courtesy: EXP REALTY, LLC
866-201-6210
ADDITIONAL INFORMATION
Ideal for both investors and owner-occupants alike, this gem of a property offers versatility and promise. Each unit, currently occupied on a month-to-month basis, presents an opportunity for stability or potential reconfiguration according to preference. This expansive 3-family residence boasting nearly 3,700 square feet of luxurious living space. Currently fetching a robust gross income exceeding $5,000 per month, this property presents an exceptional investment opportunity with the potential to elevate revenue to over $6,000 monthly by increasing the below market rent units. Separate utilities for each. Also, one or two units can be delivered vacant. Nestled within a prime location, this property has the convenience of being just a 10 minutes walk from the light rail station so commuting to Newark Penn Station becomes effortless, offering seamless access to the bustling cityscape. Enjoy leisurely strolls to the esteemed Branch Brook Park just 5 minutes away, while major thoroughfares such as Route 280, Route 21, and the Garden State Parkway ensure easy connectivity to all destinations. Don't miss out on this rare chance to secure your slice of urban paradise.
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Courtesy: Keller Williams Realty Central Monmouth
732-945-5253
ADDITIONAL INFORMATION
- Type:
- Multi-Family
- Sq.Ft.:
- 2,477
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.08 Acres
- Year built:
- 1927
- Baths:
- 2.00
- MLS#:
- 22422158
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Courtesy: Keller Williams Realty Central Monmouth
732-945-5253
Nancy Ellithy
ADDITIONAL INFORMATION
AS IS Light Rehab needed and UGT located on the property. CASH ONLY or 203K. BACK ON MARKET DUE TO BUYER INABILITY TO SECURE LOAN. Additional highlights include a spacious backyard, a detached 2-car garage, and a long driveway. This home is ideal for a family wanting to live in one unit while renting out the other or for investors looking for a promising property with rental potential.
$489,000
18 WILLOUGHBY ST Newark, NJ 07112
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 8
- Lot size:
- 0.06 Acres
- Year built:
- 1912
- Baths:
- 3.00
- MLS#:
- 3916525
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Courtesy: NATIONWIDE HOMES REALTY LLC
203-482-0102
ADDITIONAL INFORMATION
Attention Investors! Welcome to this recently renovated gem in the heart of Newark! Vacant First-Floor Unit: Ready for immediate occupancy or rental income.Prime Location: Conveniently situated in Newark's Weequahic neighborhood.The owner is actively seeking a quick sale ideal for savvy investors!Don't miss out on this incredible opportunity! Schedule your showing today.
$619,000
118 CEDAR AVE Newark, NJ 07106
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 10
- Lot size:
- 0.03 Acres
- Baths:
- 5.00
- MLS#:
- 3916519
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Courtesy: KELLER WILLIAMS MID-TOWN DIRECT
973-762-5400
ADDITIONAL INFORMATION
Welcome to 118 Cedar Avenue, Newark " a versatile 3-unit family home offering ample living space and investment potential. Each unit in this property provides comfortable and spacious accommodations, making it ideal for various living arrangements. Located in a vibrant Newark neighborhood, this property is conveniently situated near local amenities, schools, parks, and public transportation. One of the key advantages of being located on Cedar Avenue is its proximity to major highways and public transit, providing easy access to the broader Newark area and beyond. With its well-maintained interiors and practical layout, 118 Cedar Avenue offers both comfort and convenience. Don't miss out on this opportunity to own a multi-family home in a prime location. Schedule your viewing today!
$499,000
758 S 20TH ST Newark, NJ 07103
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 6
- Lot size:
- 0.06 Acres
- Baths:
- 2.00
- MLS#:
- 3916331
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Courtesy: KELLER WILLIAMS MID-TOWN DIRECT
973-762-5400
ADDITIONAL INFORMATION
Discover the charm of 758 S 20th St, a renovated multi-family home featuring three spacious units, each with 3 bedrooms and 1 bathroom. Each unit has fresh paint and contemporary fixtures. Enjoy new kitchens with stainless steel appliances and granite countertops, and stylishly renovated bathrooms. The open-concept living areas are perfect for relaxation and entertaining, while energy-efficient windows and systems ensure comfort and lower utility costs. Located in a vibrant neighborhood with easy access to amenities, parks, and public transportation, this property also includes a shared outdoor space for tenants. Ideal for investors or multi-family living, this turn-key property offers a blend of modern updates and classic appeal.
$480,000
422 JELLIFF AVE Newark, NJ 07112
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 6
- Lot size:
- 0.06 Acres
- Year built:
- 1920
- Baths:
- 4.00
- MLS#:
- 3916101
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Courtesy: LONE EAGLE MANAGEMENT
973-377-7377
ADDITIONAL INFORMATION
Discover this beautifully renovated 2-family home featuring two spacious 3-bedroom units, each with a modern living room, bathroom, and kitchen. Both apartments are currently occupied, providing immediate rental income with an option to obtain possession. The basement offers potential for additional storage or future customization. Don't miss out on this prime opportunity
$499,000
493 S 17TH ST Newark, NJ 07103
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 6
- Lot size:
- 0.06 Acres
- Year built:
- 1908
- Baths:
- 2.00
- MLS#:
- 3915435
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Courtesy: HOWARD HANNA RAND REALTY
973-532-5727
ADDITIONAL INFORMATION
UP TO 15K DOWN PAYMENT ASSISTANCE FOR FIRST TIME HOMEBUYERS! Your investment opportunity awaits in this multi-family property that features 3 bedrooms and 1 bathroom in each unit and is conveniently situated within close proximity to amenities, including shops, restaurants, and parks.
$639,000
212 SUMMER AVE Newark, NJ 07104
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 6
- Lot size:
- 0.05 Acres
- Year built:
- 1980
- Baths:
- 4.00
- MLS#:
- 3914767
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Courtesy: JERSEY REAL ESTATE & MANAGEMENT
973-558-5473
ADDITIONAL INFORMATION
2 Family with partially finished basement and parking spot in front of house. Recently renovated. Separate utilities. Deliver vacant at closing!!
$799,000
30 CLINTON PL Newark, NJ 07108
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 6
- Lot size:
- 0.13 Acres
- Year built:
- 2007
- Baths:
- 5.00
- MLS#:
- 3914576
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Courtesy: REALTY ONE GROUP LEGEND
973-772-0660
ADDITIONAL INFORMATION
$509,900
86 S DEVINE ST Newark, NJ 07106
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 5
- Lot size:
- 0.06 Acres
- Year built:
- 1907
- Baths:
- 3.00
- MLS#:
- 3914008
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Courtesy: RE/MAX FIRST REALTY II
908-664-1500
ADDITIONAL INFORMATION
Discover this spacious multi-unit home, perfect for investment or extended living! Featuring two units, this property offers a total of 5 bedrooms and 3 bathrooms. Each unit is designed for comfort and convenience. The additional basement space provides ample storage or potential for further customization. Don't miss this unique opportunity!
$850,000
Highland Avenue Newark, NJ 07104
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Courtesy: Weichert Home City Realty
201-293-6333
ADDITIONAL INFORMATION
$599,900
152 CHADWICK AVE Newark, NJ 07108
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 6
- Lot size:
- 0.06 Acres
- Year built:
- 1920
- Baths:
- 3.00
- MLS#:
- 3912669
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Courtesy: COLDWELL BANKER REALTY
973-378-8300
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.
$655,000
101 HIGHLAND AVE Newark, NJ 07104
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 7
- Lot size:
- 0.06 Acres
- Baths:
- 6.00
- MLS#:
- 3912451
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Courtesy: CORNERSTONE REALTY ASSOCIATES
973-856-6900
ADDITIONAL INFORMATION
Welcome to your dream investment opportunity in the heart of Newark, NJ! This beautifully renovated two-family home boasts modern amenities, ample living space, and a prime location. Whether you're an investor looking for a lucrative rental property or a homeowner seeking additional rental income, this property is perfect for you.**Key Features:****First Unit:**- 2spacious bedrooms- 2 full bathrooms- Open-concept living and dining area- Modern kitchen with stainless steel appliances and granite countertops- Hardwood floors throughout- Access to a finished basement, perfect for additional living space or storage**Second Unit:**- 4 generously sized bedrooms- 3 full bathrooms- Bright and airy living room- Updated kitchen with high-end finishes- Hardwood floors throughout- Access to a finished attic, ideal for a home office, playroom, or extra bedroomBasement ? 1 bedroom ? 1 full bath ? Spacious basement ? Kitchenette ? Basement has seperate entrance for tenant access
$850,000
35 Norfolk Street Newark, NJ 07103
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Courtesy: EXP Realty, LLC
866-201-6210
ADDITIONAL INFORMATION
$729,000
825 S 15TH ST Newark, NJ 07108
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 6
- Lot size:
- 0.11 Acres
- Year built:
- 1929
- Baths:
- 4.00
- MLS#:
- 3911545
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Courtesy: COLDWELL BANKER REALTY
973-378-8300
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
$520,000
38 SCHALK ST Newark, NJ 07105
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.07 Acres
- Year built:
- 1900
- Baths:
- 2.00
- MLS#:
- 3911137
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Courtesy: EXP REALTY, LLC
866-201-6210
ADDITIONAL INFORMATION
Own a piece of the Ironbound's hot scene with this income-generating gem! This stunning 2-family home features fully renovated 2-bedroom units on both floors, perfect for you or tenants bringing in serious rental income. Unwind in your private backyard with access from both units, or utilize the full basement for extra storage. But the real perk? Stepping outside your door to the Ironbound's vibrant energy - trendy restaurants, shops, parks, and sizzling entertainment are all at your fingertips. This is the perfect blend of income opportunity and urban living - don't miss out!
$769,500
25-27 TREACY AVE Newark, NJ 07108
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 10
- Lot size:
- 0.1 Acres
- Baths:
- 5.00
- MLS#:
- 3910983
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Courtesy: CORNERSTONE REALTY ASSOCIATES
973-856-6900
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
$800,000
116 BROOKDALE AVE Newark, NJ 07106
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 6
- Lot size:
- 0.06 Acres
- Year built:
- 2024
- Baths:
- 5.00
- MLS#:
- 3909675
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Courtesy: EXIT REALTY LUCKY ASSOCIATES
908-289-7746
ADDITIONAL INFORMATION
1 BRAND NEW 2 APARTMENTS HOME TO BE BUILD ACCORDING TO PLANS. 1ST FL GARAGE , UTILITY ROOM, REC ROOM W/ HALF BATH CONNECTION TO APARTMENT #1 WITH 3 BEDROOMS LIVING ROOM AND DINING ROOM KITCHEN 2 FULL BATHS. APARTMENT #2 EITH 3 BEDROOMS LIVING ROOM, DINING ROOM , KITCHEN AND 2 BATHROOMS AND LAUNDRY HOOK UPS. WOOD AND CERAMIC FLOORS, CENTRAL AC/HEAT . SEPERATE UTILITIES 10 YEAR HOW OWNER OCCUPIED HOUSE MAY QUALIFY FOR 5 YEAR TAX ABATMENT possible parking in the rear back yard
$400,000
727 S 20th Street Newark, NJ 07103
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Courtesy: Signature Realty NJ LLC
973-921-1111
ADDITIONAL INFORMATION
Welcome to a prime investment opportunity in Newark, NJ! This multi-family property, with two legal units, holds enormous potential for investors. With some updates, this property can become a cash-flow powerhouse. Prime multi-family property features 6 bedrooms and 2 bathrooms. Very spacious master bedroom for tenant's comfort! Master bedroom also comes with an office that can be converted into a walk in closet! 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.
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Courtesy: TWRG Realty Group/The World Realty Group
908-355-1717
ADDITIONAL INFORMATION
$1,500,000
63 Garden Street Newark, NJ 07105
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Courtesy: Rosa Agency-Ironbound, LLC
973-589-7550
ADDITIONAL INFORMATION
$11,500,000
529-531 Mulberry Street Newark, NJ 07114
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Courtesy: RE/MAX Lifetime Realtors
908-688-2828
ADDITIONAL INFORMATION
$11,500,000
166-170 Emmet Street Newark, NJ 07114
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Courtesy: RE/MAX Lifetime Realtors
908-688-2828
ADDITIONAL INFORMATION
$815,000
123 Schley Street Newark, NJ 07112
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Courtesy: RealtyMark Select
855-877-7600
ADDITIONAL INFORMATION
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 © 2025 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.
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All information provided is deemed reliable but is not guaranteed and should be independently verified. Such information being provided is 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. Copyright 2025 Monmouth County MLS
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.