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Four-Unit Multifamily Investment
For Sale
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136-138 Dewey Street, Newark, NJ 07112

Four-unit multifamily property features three occupied units and one vacant 3-bedroom, 1-bath unit.

Property SizeContact for details
Days on Market52

Property Features for 136-138 Dewey Street

General Information

Standard status Active
Property subtype Multi Family 2-4 Units
Occupancy 75%

Additional Details

Multifamily Units 4
Listing Agency: RE/MAX Professionals 1
Listed By: Jeffrey Cuate · License #409804
Source: Capmarkrealty
Added: Jul 20 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 RE/MAX Professionals 1

Investment Insights

Based on property information with market context.

This four-unit multifamily property offers a mix of unit layouts, including three units currently occupied and one vacant 3-bedroom, 1-bath unit. The existing occupancy provides immediate rental income, while the vacant unit presents an opportunity for lease-up or owner occupancy.

The property is located at 136-138 Dewey Street in Newark, New Jersey. It is offered for sale as a residential income asset with multiple configurations designed to serve a broad range of tenant needs.

Key Highlights

  • 4‑unit multifamily property with 3 occupied units and 1 vacant unit
  • Vacant unit is a 3‑bedroom, 1‑bath layout, offering lease‑up or owner‑occupancy option
  • Total of 10 bedrooms and 6 full baths across the four units

Property Analytics

Current Use

Quadplexes

Suggested Use

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

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
75%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,830
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
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit multifamily property features three occupied units and one vacant 3-bedroom, 1-bath unit.
Where is this quadplex located?
The property is located at 136-138 Dewey Street Newark, NJ.
What are key features of this property?
This property features: 4‑unit multifamily property with 3 occupied units and 1 vacant unit; Vacant unit is a 3‑bedroom, 1‑bath layout, offering lease‑up or owner‑occupancy option; Total of 10 bedrooms and 6 full baths across the four units
More about this property
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