4-Unit Multifamily
For Sale
$830,000
129-131 Carolina Ave, Newark, NJ 07106
Four occupied residences offer eight bedrooms and full-size basement space for storage or other use.
Property SizeContact for details
Days on Market60
Property Features for 129-131 Carolina Ave
General Information
Standard status
Active
Total Parking Spaces
6
Property subtype
Multi Family Home
Occupancy
100%
Net Operating Income
$1.00
Site & Location
Neighborhood
Lower Vailsburg
Additional Details
Multifamily Units
4
Amenities
Fire Extinguisher
High Ceilings
Smoke Detector
Tile Floors
Wood Floors
Curbs
Sidewalk
Building Details
Year Built
1932
Units
4
Listing Agency:
Realty One Group Living
Listed By:
Eva Tineo · License #296492
(201) 636-2280
Source:
Cammarotarealestate
Added: Aug 27
Changed: Oct 22
Last Checked: Oct 22 at 2:21PM
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 Realty One Group Living
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 4-unit multifamily property contains 8 bedrooms and 4 full bathrooms. Hardwood flooring runs through the units, while the full-size basement provides additional space for storage or other uses. The building dates to 1932, with a roof replacement completed in 2025; it also has newer windows and a newer furnace.
All four units are currently occupied. The property is approximately 15 minutes from Newark Airport.
All four units are currently occupied. The property is approximately 15 minutes from Newark Airport.
Key Highlights
- 4 units with 8 bedrooms and 4 full bathrooms
- All units currently occupied
- Full‑size basement for storage or other use
Property Analytics
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,279
Businesses Nearby
Explore this area
Business Placement
Demographics for 07106, NJ
34,596
Population
13,633
Households
2.5
Avg Household Size
35
Median Age
18%
College-Educated
85%
High-School Grad
1.4 sq mi
ZIP Area
24,711
Density / Sq Mi
$48,105
Median Household Income
$34,820
Median Earnings
$1,221
Median Rent
$321,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Quadplex - Four occupied residences offer eight bedrooms and full-size basement space for storage or other use.
Where is this quadplex located?
The property is located at 129-131 Carolina Ave Newark, NJ.
What is the asking price?
The asking price for this property is $830,000.
What are key features of this property?
This property features: 4 units with 8 bedrooms and 4 full bathrooms; All units currently occupied; Full‑size basement for storage or other use
