Listing Agency: Golden Star Realty Group

Listed By: Joe Goldberg

Source: Crexi

Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 5:13PM

Report an Issue

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 Golden Star Realty Group

Investment Insights

Based on property information with market context.

This quadplex at 111 Sunset Ave in Newark, NJ, contains 4 multifamily units with a combined 9 bedrooms and 4 bathrooms. The property includes an outdoor lot accommodating 4-5 parking spaces, providing on-site parking for the four-unit configuration.

The units are leased on a month-to-month basis. The property reflects a 6.1% cap rate and is located in Newark’s 07106 ZIP code.

Key Highlights

• 4 multifamily units
• Total of 9 BR and 4 bathrooms
• 6.1% cap rate

Property Analytics

Property Profile

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Dental Office (Bike/Boat/Book/etc) Store Skin Care Clinic

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

4

Residential units

Location Intelligence

Trade Area within ½ mile

1,262

Businesses Nearby

Explore this area Business Placement

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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this quadplexes located? What is the asking price? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

Similar For Sale Nearby

Mixed-Use Property with Residence

52 Holland St, Newark, NJ 07103

$900,000

2,394 SF

View details

Turnkey Restaurant and Lounge

246 Mulberry St, Newark, NJ 07102

$700,000

1,806 SF

View details

Mixed-Use Building with Commercial Kitchen

52 Holland St, Newark, NJ 07103

$850,000

4,364 SF

View details

Brick Triplex with Gated Parking

64 Fabyan Place, Newark, NJ 07108

$649,999

4,178 SF

View details

Downtown Newark Mixed-Use Redevelopment Opportunity

118 Market St, Newark, NJ 07102

$1,695,000

10,000 SF

View details

Two-Story Duplex with Backyard

139 Osborne Ter, Newark, NJ 07108

$590,000

4,220 SF

View details

Renovated Duplex with Finished Basement

272 N 7Th St, Newark, NJ 07107

$679,900

1,577 SF

View details

Equipped Conventional Restaurant

16 Green St, Newark, NJ 07102

$125,000

850 SF

View details

Two-Space Auto Shop Property

146 -148 Hudson St #146, Newark, NJ 07103

$775,000

4,000 SF

View details

Brick Quadplex with Hardwood Floors

435 Kerrigan Blvd, Newark, NJ 07106

$800,000

6,300 SF

View details

Mixed-Use Property on Park Avenue

294 PARK AVE Unit 0, Newark, NJ 07107

$650,000

2,139 SF

View details

Two-Family Duplex With Eight Bedrooms

711 S 11th St, Newark, NJ 07103

$789,999

4,238 SF

View details

Frequently Asked Questions

What type of property is this?

Quadplex - Multifamily property with month-to-month leases and an outdoor parking lot.

Where is this quadplex located?

The property is located at 111 Sunset Ave Newark, NJ.

What are key features of this property?

This property features: 4 multifamily units; Total of 9 BR and 4 bathrooms; 6.1% cap rate