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Multifamily Property
For Sale
$889,900

111 Park Ave, Newark, NJ 07104

Multifamily asset in Newark with access to public transportation, neighborhood services, and established urban amenities.

Property SizeContact for details
Days on Market11

Property Features for 111 Park Ave

General Information

Standard status Active
Property subtype Multi-Family

Building Details

Year Built 1907
Listing Agency: ERA QUEEN CITY REALTY
Listed By: William C Collins · License #210211
Source: Gardenstatehomesearcher
Added: Aug 23 Changed: Aug 30 Last Checked: Sep 2 at 1:49PM

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 ERA QUEEN CITY REALTY

Investment Insights

Based on property information with market context.

Located at 111 Park Avenue in Newark, NJ 07104, this multifamily property dates to 1907. The asset offers multiple-unit residential income potential, with the flexibility to support either investment ownership or owner occupancy alongside rental use.

The property is positioned within Newark’s urban setting, with access to Downtown Newark, public transportation, major highways, schools, universities, restaurants, parks, and neighborhood services. New York City is also identified as being within commuting reach.

Key Highlights

  • Multifamily property at 111 Park Avenue, Newark, NJ 07104
  • Built in 1907
  • Access to Downtown Newark and public transportation

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Veterinary Clinic Pet Grooming Service Skin Care Clinic Locksmith

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

Location Intelligence

Trade Area within ½ mile

1,747
Businesses Nearby

Demographics for 07104, NJ

54,051
Population
21,762
Households
2.5
Avg Household Size
35
Median Age
21%
College-Educated
71%
High-School Grad
2.5 sq mi
ZIP Area
21,620
Density / Sq Mi
$51,199
Median Household Income
$36,139
Median Earnings
$1,343
Median Rent
$337,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Multifamily asset in Newark with access to public transportation, neighborhood services, and established urban amenities.
Where is this multifamily property located?
The property is located at 111 Park Ave Newark, NJ.
What is the asking price?
The asking price for this property is $889,900.
What are key features of this property?
This property features: Multifamily property at 111 Park Avenue, Newark, NJ 07104; Built in 1907; Access to Downtown Newark and public transportation
More about this property
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