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Two-Family Home Fixer-Upper Opportunity
For Sale
Contact for pricing
Pending

123 Columbia Avenue, Newark, NJ 07106

Multi-family investment opportunity in Newark's Upper Vailsburg section.

Property SizeContact for details
Days on Market285

Property Features for 123 Columbia Avenue

General Information

Standard status Pending
Property subtype Multi Family 2-4 Units
Listing Agency: Weichert Home City Realty
Listed By: Augusto Verissimo · License #233455
Source: Capmarkrealty
Added: Nov 28, 2025 Changed: Sep 8 Last Checked: Aug 25 at 3:36AM

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 Weichert Home City Realty

Investment Insights

Based on property information with market context.

This multi-family home, located in the Upper Vailsburg section of Newark, presents a fixer-upper opportunity. The property features two apartments, each with five rooms and two bedrooms, suitable for rental income. The home also includes a finished attic with three bonus rooms, offering additional living space. A partially finished basement provides an opportunity for customization. At the rear of the property, there is a private driveway and garage. The property is an investment opportunity for buyers looking to renovate and customize.

Key Highlights

  • Two spacious apartments, each with five rooms and two bedrooms, ideal for rental income.
  • Located in the desirable Upper Vailsburg section of Newark.
  • Finished attic with three bonus rooms, perfect for extra living space.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Parking Lot & Garage (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.

Location Intelligence

Trade Area within ½ mile

1,231
Businesses Nearby

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
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Multi-family investment opportunity in Newark's Upper Vailsburg section.
Where is this duplex located?
The property is located at 123 Columbia Avenue Newark, NJ.
What are key features of this property?
This property features: Two spacious apartments, each with five rooms and two bedrooms, ideal for rental income.; Located in the desirable Upper Vailsburg section of Newark.; Finished attic with three bonus rooms, perfect for extra living space.
More about this property
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