130 Chancellor Avenue, Newark, NJ 07112

Listing Agency: ICON Real Estate Advisors

Listed By: David Jarvis

Source: Crexi

Added: Nov 5 Changed: Nov 12 Last Checked: Nov 12 at 6:53AM

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Investment Insights

Based on property information with market context.

This apartment property contains 35 units and is offered for sale. It is located at 130 Chancellor Avenue in Newark, New Jersey.

Key Highlights

• 35‑unit apartment property
• Located at 130 Chancellor Avenue in Newark, NJ

Property Analytics

Lease Details

35

Residential units

Location Intelligence

Trade Area within ½ mile

1,588

Businesses Nearby

Explore this area Business Placement

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

Average Price Trend$/SF for Apartment buildings in Newark, NJ

$257 Jul

$215 Aug

$208 Sep

$223 Oct

Properties on Market for Apartment buildings in Newark

Jul

Aug

Sep

Oct

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?

Apartment building - A 35-unit multifamily property is offered for sale in Newark.

Where is this apartment building located?

The property is located at 130 Chancellor Avenue Newark, NJ.

What is the asking price?

The asking price for this property is $4,700,000.

What are key features of this property?

This property features: 35‑unit apartment property; Located at 130 Chancellor Avenue in Newark, NJ