Renovated
For Sale
$550,000
113 N Munn Ave, Newark, NJ 07106
Two occupied units provide established rental use within a recently updated multifamily property.
Property SizeContact for details
Lot Size0.09 Acres
Days on Market45
Property Features for 113 N Munn Ave
General Information
Standard status
Active
Total Parking Spaces
5
Lot size
0.09 Acres
Property subtype
Multi Family Home
Occupancy
100%
Site & Location
Highway Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
2
Building Details
Year Built
1905
Units
2
Listing Agency:
Re/Max Professionals I
(973) 450-4000
Listed By:
Alain Beade
(973) 418-0425
Source:
Betterhomerealestate
Added: Jul 21
Changed: Sep 3
Last Checked: Aug 31 at 5:09PM
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 Re/Max Professionals I
Investment Insights
Based on property information with market context.
Built in 1905, this duplex in Newark’s Lower Vailsburg neighborhood contains 2 units with a combined 7 bedrooms and 4 bathrooms. The property has undergone renovation and includes 5 on-site parking spaces. Both units are occupied, providing an existing rental operation for an owner or investor.
The parcel measures 38x105 and is located at 113 N Munn Ave. The property is near Seton Hall University, Vailsburg Park, major highways, and NJ Transit, with access toward New York City. Its residential income configuration combines two dwellings, updated improvements, and established occupancy in a Newark multifamily setting.
The parcel measures 38x105 and is located at 113 N Munn Ave. The property is near Seton Hall University, Vailsburg Park, major highways, and NJ Transit, with access toward New York City. Its residential income configuration combines two dwellings, updated improvements, and established occupancy in a Newark multifamily setting.
Key Highlights
- 2‑unit duplex with 7 bedrooms and 4 bathrooms
- Recently renovated multifamily property
- Both units currently occupied
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,231
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
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Frequently Asked Questions
What type of property is this?
Duplex - Two occupied units provide established rental use within a recently updated multifamily property.
Where is this duplex located?
The property is located at 113 N Munn Ave Newark, NJ.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 2‑unit duplex with 7 bedrooms and 4 bathrooms; Recently renovated multifamily property; Both units currently occupied
