Multifamily Income
For Sale
$775,888
108 Peabody Pl, Newark, NJ 07104
For sale multifamily property with very walkable and excellent transit access for day-to-day tenant convenience.
Property SizeContact for details
Days on Market79
Property Features for 108 Peabody Pl
General Information
Standard status
Active
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$12,804
Building Details
Year Built
1900
Units
2
Listing Agency:
eXp Realty, LLC
(866) 201-6210
Listed By:
RICHARD ADAMSKI · License #1224166
Source:
Elliman
Added: Jun 3
Changed: Aug 8
Last Checked: Aug 20 at 10:51AM
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 eXp Realty, LLC
Investment Insights
Based on property information with market context.
Offered for sale, this multifamily, residential income property is categorized as other multifamily properties. The available information does not specify unit count or interior improvements, but it represents a residential investment asset intended for income-producing occupancy.
The property is located at 108 Peabody Pl, Newark, NJ 07104-4112. Area mobility metrics indicate a BikeScore of 51 (bikeable), a WalkScore of 85 (very walkable), and a TransitScore of 70 (excellent transit), which can support tenant lifestyles that rely less on a car for errands and commuting.
From a tenant and operator perspective, these mobility scores may help broaden appeal to residents seeking convenient access to surrounding services and transportation options. As with any multifamily acquisition, prospective buyers or leasing teams should confirm all building and unit specifics during due diligence, including how the property is configured and maintained, before underwriting or making leasing decisions.
The property is located at 108 Peabody Pl, Newark, NJ 07104-4112. Area mobility metrics indicate a BikeScore of 51 (bikeable), a WalkScore of 85 (very walkable), and a TransitScore of 70 (excellent transit), which can support tenant lifestyles that rely less on a car for errands and commuting.
From a tenant and operator perspective, these mobility scores may help broaden appeal to residents seeking convenient access to surrounding services and transportation options. As with any multifamily acquisition, prospective buyers or leasing teams should confirm all building and unit specifics during due diligence, including how the property is configured and maintained, before underwriting or making leasing decisions.
Key Highlights
- Multifamily property built in 1900
- Walk Score 85 (very walkable)
- Transit Score 70 (excellent transit)
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,181
Businesses Nearby
Explore this area
Business Placement
Demographics for 07104, NJ
54,051
Population
21,762
Households
2.5
Avg Household Size
35
Median Age
21%
College-Educated
71%
High-School Grad
2.5 sq mi
ZIP Area
21,620
Density / Sq Mi
$51,199
Median Household Income
$36,139
Median Earnings
$1,343
Median Rent
$337,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Multifamily property - For sale multifamily property with very walkable and excellent transit access for day-to-day tenant convenience.
Where is this multifamily property located?
The property is located at 108 Peabody Pl Newark, NJ.
What is the asking price?
The asking price for this property is $775,888.
What are key features of this property?
This property features: Multifamily property built in 1900; Walk Score 85 (very walkable); Transit Score 70 (excellent transit)
