Listing Agency: RE/MAX ACHIEVERS

Listed By: TONI ANN GONCALVES · License #16239 Show Phone

Source: Elliman

Added: Nov 27, 2025 Changed: Oct 9 Last Checked: Oct 14 at 11:45PM

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Investment Insights

Based on property information with market context.

This is a two-bedroom, two-bath unit available for rent in the Ironbound section of Newark. The unit includes a washer and dryer. All appliances are included. The property is located minutes from the train station.

Key Highlights

• Desirable Ironbound location
• Minutes to train station, making it commuter friendly
• Washer & dryer in unit for your convenience

Property Analytics

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Current Use

Ironbound Fitness Gym & Fitness Center Provident Bank Bank Reichel Alternative Medicine Practice Amjs Development LLC Construction Company

Suggested Use

Top Pick Veterinary Clinic Nursing Home (Bike/Boat/Book/etc) Store Buffet Tanning Salon Clothing & Fashion Store

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

5,291

Businesses Nearby

Explore this area Business Placement

Demographics for 07105, NJ

50,870

Population

20,608

Households

2.5

Avg Household Size

35

Median Age

15%

College-Educated

70%

High-School Grad

4.6 sq mi

ZIP Area

11,059

Density / Sq Mi

$55,752

Median Household Income

$33,175

Median Earnings

$1,600

Median Rent

$445,900

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

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Frequently Asked Questions

What type of property is this?

Multifamily property - Two-bedroom, two-bath apartment in Newark's Ironbound neighborhood.

Where is this multifamily property located?

The property is located at 115 Ferry St 3A Newark, NJ.

What is the lease rate?

The lease rate is $2,600/Mo.

What are key features of this property?

This property features: Desirable Ironbound location; Minutes to train station, making it commuter friendly; Washer & dryer in unit for your convenience