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Four-Unit Residential Income Property
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478 Fabyan Pl, Newark, NJ 07112

Four updated units in great condition with separate utilities, including two 2-bedroom and two 1-bedroom residences.

Property SizeContact for details
Days on Market134

Property Features for 478 Fabyan Pl

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 4
Listing Agency: Exit Realty Lucky Group
Listed By: Patrick Dwyer · License #NJ 1539326
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 12:55AM

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 Exit Realty Lucky Group

Investment Insights

Based on property information with market context.

This four-unit residential income property features updated units in great condition. The building includes two 2-bedroom units and two 1-bedroom units, offering a mix of layouts within a compact multi-family configuration. Separate utilities are in place to support individual tenant metering and independent operations.

The property is located at 478 Fabyan Pl in Newark, NJ 07112.

With its four distinct residential units and separate utility arrangements, the property is well-suited for investors seeking a straightforward, small multifamily asset.

Key Highlights

  • Four‑unit property with updated units in great condition
  • Unit mix: two 2‑bedroom units and two 1‑bedroom units
  • Separate utilities for the units

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Dental Office Gym & Fitness Center 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.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,235
Businesses Nearby

Demographics for 07112, NJ

29,773
Population
11,779
Households
2.5
Avg Household Size
34
Median Age
18%
College-Educated
86%
High-School Grad
1.4 sq mi
ZIP Area
21,266
Density / Sq Mi
$55,171
Median Household Income
$35,709
Median Earnings
$1,334
Median Rent
$306,100
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 - Four updated units in great condition with separate utilities, including two 2-bedroom and two 1-bedroom residences.
Where is this multifamily property located?
The property is located at 478 Fabyan Pl Newark, NJ.
What are key features of this property?
This property features: Four‑unit property with updated units in great condition; Unit mix: two 2‑bedroom units and two 1‑bedroom units; Separate utilities for the units
(973) 817-7700 Call to check price and availability
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