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Spacious Multifamily Home in Newark
For Sale
$500,000

123 Seymour Avenue, Newark, NJ 07108

Multifamily home in Clinton Hill, Newark, close to transportation.

Property Size4,534 SF
Price / SF$110.28
Days on Market269

Property Features for 123 Seymour Avenue

General Information

Standard status Active
Size 4,534 SF
Property subtype Multi-family

Building Details

Year Built 1917
Listing Agency: KELLER WILLIAMS ELITE REALTORS
Listed By: SHANAE S. HAWKINS
Source: Actionplusrealty
Added: Dec 7, 2025 Changed: Aug 31 Last Checked: Sep 1 at 8:44PM

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 KELLER WILLIAMS ELITE REALTORS

Investment Insights

Based on property information with market context.

Located on Seymour Avenue in the Clinton Hill section of Newark, New Jersey, this multifamily home presents an opportunity for investors. The first floor, featuring 3 bedrooms, an eat-in kitchen, and 1 bath, is currently occupied with a lease ending in June. The second floor includes 2 bedrooms, a living room, and 1 bath. The third floor offers 1 bedroom, 1 bath, and a kitchen area. The property includes a backyard and a front yard fence. On-street parking is available. The home is located close to transportation and schools and will be delivered vacant.

Key Highlights

  • Delivered Vacant: Opportunity for immediate occupancy or renovation.
  • Multi‑Family Home: Ideal for investors or owner‑occupants seeking rental income.
  • Three Units: First floor (3 bed, 1 bath), Second floor (2 bed, 1 bath), Third floor (1 bed, 1 bath, kitchen area).

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Parking Lot & Garage Nursing Home Gym & Fitness Center

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

1,184
Businesses Nearby

Demographics for 07108, NJ

28,715
Population
12,862
Households
2.2
Avg Household Size
32
Median Age
17%
College-Educated
85%
High-School Grad
1.4 sq mi
ZIP Area
20,511
Density / Sq Mi
$33,960
Median Household Income
$30,336
Median Earnings
$1,098
Median Rent
$326,900
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 - Multifamily home in Clinton Hill, Newark, close to transportation.
Where is this multifamily property located?
The property is located at 123 Seymour Avenue Newark, NJ.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Delivered Vacant: Opportunity for immediate occupancy or renovation.; Multi‑Family Home: Ideal for investors or owner‑occupants seeking rental income.; Three Units: First floor (3 bed, 1 bath), Second floor (2 bed, 1 bath), Third floor (1 bed, 1 bath, kitchen area).
More about this property
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