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Newark Multifamily Property with Bonus

123 Seymour Avenue, Newark, NJ 07108

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For Sale

$500,000

MULTI_FAMILY - Newark, NJ

Property size:

4,534 SF

Lot size:

0.07 Acres

Price / SF:

$110/SF

HighLights

Legal 2‑family home with a bonus floor (1st, 2nd, and 3rd floor unit layout)
Unit 1 offers 3 bedrooms, 1 bath, kitchen, and living room
2nd and 3rd floors are vacant; tenant occupies the 1st floor with lease expiration in June
Central air cooling; public water and public sewer
Year built 1917; includes a basement and a porch
No driveway—street parking; underground oil tank noted as requiring work

We can help!

Listing Contact

Shanae Hawkins

For Sale

$500,000

MULTI_FAMILY - Newark, NJ

Property size:

4,534 SF

Lot size:

0.07 Acres

Price / SF:

$110/SF

Added:: Mar 20, 2026
Days on Market:: 93
Last Refresh:: Jun 20 at 1:06 am

Property Features for 123 Seymour Avenue

General Information

Property type: Residential Multi Family
Property subtype: Other
Bathrooms: 3
Rooms: Bathroom 2, Basement, Bathroom 1, Bathroom 3
Patio and Porch features: Porch
Interior features: Unit 1(3 Bedrooms, Kitchen, 1 Bath, Living Room, See Remarks), Unit 2(), Unit 3(2 Bedrooms)
Exterior features: Porch
Appliances: Water Heater(Gas), Water Heater, Unit 1(Range/Oven, Refrigerator)
Standard status: Active
APN: 1403024000000088
Size: 4,534 SF
Lot size: 0.07 Acres

Taxes and HOA fees

Tax Year: 2024
Tax Annual Amount: 5412

Utilities

Sewer type: Public Sewer
Cooling system: Central Air
Water source: Public

Building Details

Year built: 1917
Floors in Building: 3
Additional Structures: See Remarks

We can help!

Listing Contact

Shanae Hawkins

Listing agent Shanae Hawkins

Listing office KELLER WILLIAMS ELITE REALTORS 481 MEMORIAL PARKWAY, Metuchen, NJ

Listing date Mar 20, 2026

MLS# 2612541R Listing URL

HighLights

Legal 2‑family home with a bonus floor (1st, 2nd, and 3rd floor unit layout)
Unit 1 offers 3 bedrooms, 1 bath, kitchen, and living room
2nd and 3rd floors are vacant; tenant occupies the 1st floor with lease expiration in June
Central air cooling; public water and public sewer
Year built 1917; includes a basement and a porch
No driveway—street parking; underground oil tank noted as requiring work

Overview

This multifamily property is located in Newark, NJ. The property is a legal 2-family home with a bonus floor. The first floor is occupied by a tenant with a lease expiring in June. The second and third floors are currently vacant. The building has a total size of 4534 square feet and sits on a lot of 0.0666 acres. The property offers spacious layouts throughout. The first floor features three bedrooms, the second floor has two bedrooms, and the third floor contains one bedroom. On-street parking is available. The property is located close to schools and transportation. The home requires some work and has an underground oil tank. This property is suitable for investment or move-in.

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Location Insight

Map
Local Demand

City: Newark
County: Essex
State: New Jersey
Longitude: -74.2027104
Latitude: 40.7210649

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For sale
Multifamily properties
NJ
Newark
07108
123 Seymour Avenue

What type of property is this?

Multifamily property - Legal 2-family home with bonus floor, great investment opportunity.

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: Legal 2‑family home with a bonus floor (1st, 2nd, and 3rd floor unit layout); Unit 1 offers 3 bedrooms, 1 bath, kitchen, and living room; 2nd and 3rd floors are vacant; tenant occupies the 1st floor with lease expiration in June

123 Seymour Avenue, Newark, NJ 07108

MULTI_FAMILY - Newark, NJ

Property Features for 123 Seymour Avenue

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Storefront and Office Building

Warehouse and Office Flex Facility

Turnkey Restaurant and Lounge

Turnkey Laundromat with Real Estate

Newark City Income Property

Legal Triplex with Detached Garage

Three-Story Multifamily Building

Recently Renovated 3-Family Home

Downtown Newark Mixed-Use Redevelopment Opportunity

Newark Commercial Property with Storefronts

Newark Mixed-Use Commercial Opportunity

Turnkey Laundromat with Real Estate

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