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Two-Bedroom Unit with Bonus Room

106 Grove Ter, Newark, NJ 07106

For Sale
New
Contact for pricing

Vacant second-floor residence includes two full baths, garage parking, and laundry equipment within the unit.

Property SizeContact for details
Days on Market2

Property Features for 106 Grove Ter

General Information

Standard status Active
Property subtype Multi-Family

Site & Location

Neighborhood Lower Vailsburg
Public Transit Yes

Additional Details

Multifamily Units 1

Amenities

in-unit washer and dryer
central air
garage parking
Wood
Gas-Natural
First
2 Bedrooms,Bath Main,Bath(s) Other,Dining Room,Kitchen,Living Room,Pantry
Breakfast Bar,Liv/Dining Combo,Master BR on First Floor,Tub Shower,Walk-In Closet
2
Carbon Monoxide Detector,Fire Extinguisher,Smoke Detector,Walk-In Closet
City/Town Street
Public Water
33.33X56.25 1875SF
0.04

Building Details

Year Built 2020
Listing Agency:
Listed By: Justin Robinson
Source: Skyrealtyintl
Added: Nov 8 Last Checked: Nov 9 at 10:14AM

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 Justin Robinson

Rey
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Investment Insights

Based on property information with market context.

This second-floor residential unit has two bedrooms, two full bathrooms, and a separate bonus room identified as an office. The primary bedroom includes an en-suite bath and walk-in closet. A combined living and dining area, pantry, and tub-and-shower bathroom are also noted. The unit has central air, in-unit laundry, and garage parking, and is vacant for immediate occupancy.

The property is in Newark’s Lower Vailsburg neighborhood, with access to shopping, dining, public transportation, and major roadways.

Key Highlights

  • Two bedrooms and two full bathrooms
  • Separate bonus room designated as an office
  • Primary bedroom has an en‑suite bath and walk‑in closet

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

1,262
Businesses Nearby

Demographics for 07106, NJ

34,596
Population
13,633
Households
2.5
Avg Household Size
35
Median Age
18%
College-Educated
85%
High-School Grad
1.4 sq mi
ZIP Area
24,711
Density / Sq Mi
$48,105
Median Household Income
$34,820
Median Earnings
$1,221
Median Rent
$321,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Residential income properties in Newark, NJ

$331 Jul
$268 Aug
$243 Sep
$236 Oct

Properties on Market for Residential income properties in Newark

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Residential income property - Vacant second-floor residence includes two full baths, garage parking, and laundry equipment within the unit.
Where is this residential income property located?
The property is located at 106 Grove Ter Newark, NJ.
What are key features of this property?
This property features: Two bedrooms and two full bathrooms; Separate bonus room designated as an office; Primary bedroom has an en‑suite bath and walk‑in closet
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