119 Littleton Ave Newark, NJ 07103
MULTI_FAMILY - Newark City, NJ
Property Features for 119 Littleton Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 3
- Rooms
- Bedroom 1, Bedroom 4, Basement, Bathroom 3, Bedroom 3, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 5, Bedroom 6
- Standard status
- Active
- Size
- 3,036 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 6856
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Hot Water(Heating), Baseboard
- Water source
- Public
Building Details
- Year built
- 1897
- Floors in Building
- 3
- Number of units
- 3
- Roof type
- Flat, Shingle
- Architectural style
- Other
Listing agent EDWENCE GEORGES License #1648283 (866) 201-6210
Listing office EXP REALTY, LLC 28 VALLEY ROAD #1, Montclair, NJ (866) 201-6210
Listing date Nov 3, 2025
Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The property is located in Newark City, Essex County, and the public remarks describe proximity to downtown Newark, Rutgers University, NJIT, and University Hospital. It also notes convenient access to major highways, including I-280, Garden State Parkway, and I-78, along with public transportation options such as NJ Transit buses and Newark Penn Station just minutes away.
For tenants, the renovations and in-unit updates may provide an easier move-in experience. For buyers, the three-unit layout offers flexible living and renting options, while the described connectivity to universities, a hospital, and transit can support a practical tenant base for a residential income strategy.
Key Highlights
- Completely renovated 3‑family property in 2022 at 119 Littleton Ave
- Each apartment includes updated kitchens with stainless steel appliances
- Modern bathrooms and new flooring throughout
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $91.1k | $30.00 |
| − Vacancy | −$4.4k | −$1.45 |
| EGI | $86.7k | $28.55 |
| − OpEx | −$26.0k | −$8.56 |
| NOI | $60.7k | $19.98 |
