Search
Residential Income Multifamily
For Lease
$2,600/Mo

102 South St, Newark, NJ 07114

Multifamily rental set in a highly walkable, transit-accessible area for convenient day-to-day mobility.

Space SizeContact for details
Days on Market68

Property Features for 102 South St

General Information

Standard status Active
Property subtype Multi Family

Building Details

Year Built 1910
Listing Agency:
Listed By: AKEEM SODIQ
Source: Elliman
Added: Jun 3 Changed: Jul 10 Last Checked: Aug 9 at 9:20AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of AKEEM SODIQ

Investment Insights

Based on property information with market context.

This for-rent residential income multifamily property offers rental housing within an urban setting. While specific interior unit features are not detailed in the provided information, the asset is positioned for occupants who value day-to-day accessibility.

Situated at 102 South St in Newark, NJ, the surrounding area is characterized by strong alternative transportation indicators. The property’s BikeScore is 55, showing bikeability, and the WalkScore is 93, reflecting a walker’s paradise environment. A transitScore of 83 also indicates excellent access to public transportation options for routine commuting and errands.

From a tenant perspective, the combination of walkability and transit access can reduce reliance on a vehicle for many daily needs. For landlords and brokers, the location profile supports leasing appeal for residents who prioritize convenience and connectivity. Interested parties should confirm all unit-specific details and current availability directly through the leasing team.

Key Highlights

  • Multifamily rental building built in 1910
  • Walk Score of 93 for day‑to‑day walkability
  • Transit Score of 83 for nearby transit access

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Nursing Home Pet Grooming Service (Bike/Boat/Book/etc) Store Pet Store & Service Arcade & Gaming Center Buffet

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,536
Businesses Nearby

Demographics for 07114, NJ

17,767
Population
4,694
Households
3.8
Avg Household Size
39
Median Age
9%
College-Educated
69%
High-School Grad
7.9 sq mi
ZIP Area
2,249
Density / Sq Mi
$34,167
Median Household Income
$35,916
Median Earnings
$616
Median Rent
$384,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Multifamily property - Multifamily rental set in a highly walkable, transit-accessible area for convenient day-to-day mobility.
Where is this multifamily property located?
The property is located at 102 South St Newark, NJ.
What is the lease rate?
The lease rate is $2,600/Mo.
What are key features of this property?
This property features: Multifamily rental building built in 1910; Walk Score of 93 for day‑to‑day walkability; Transit Score of 83 for nearby transit access
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message