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Updated Quadplex with Rear Parking
For Sale
$889,000

16-18 Boylan St, Newark, NJ 07106

Four residential units feature refreshed interiors, contemporary kitchens, and private parking at the rear.

Property Size9,999 SF
Price / SF$88.91
Days on Market22

Property Features for 16-18 Boylan St

General Information

Standard status Active
Size 9,999 SF
Property subtype Multi-Family

Units

Unit Mix 4 x 2BR/1BA
Multifamily Units 4

Amenities

private parking area

Building Details

Year Built 9999
Buildings 1
Listing Agency: KELLER WILLIAMS VALLEY REALTY
Listed By: LIPA BRACH
Source: Luminancerealty
Added: Aug 8 Changed: Aug 28 Last Checked: Aug 25 at 5:06AM

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 KELLER WILLIAMS VALLEY REALTY

Investment Insights

Based on property information with market context.

This four-unit residential property includes a consistent layout across all apartments, with each offering two bedrooms and one bathroom. Interior updates include modern kitchen cabinetry, appliances, and contemporary bathroom finishes. The bedrooms provide separate space for daily living, work, or study, while the refreshed interiors create a cohesive residential presentation.

A private parking area is located behind the property for resident and guest use. Positioned in Newark City, NJ, the building offers four separate units within one income-producing residential asset. The configuration also supports an owner-occupancy approach with additional units available for rental income, as described in the property information.

Key Highlights

  • Four residential units, each with 2 bedrooms and 1 bathroom
  • Updated kitchens with modern cabinetry and appliances
  • Contemporary bathroom finishes throughout the units

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Real Estate Agency (Bike/Boat/Book/etc) Store Carpet & Flooring Store Storage Facility Locksmith

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

1,483
Businesses Nearby

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

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 residential units feature refreshed interiors, contemporary kitchens, and private parking at the rear.
Where is this quadplex located?
The property is located at 16-18 Boylan St Newark, NJ.
What is the asking price?
The asking price for this property is $889,000.
What are key features of this property?
This property features: Four residential units, each with 2 bedrooms and 1 bathroom; Updated kitchens with modern cabinetry and appliances; Contemporary bathroom finishes throughout the units
More about this property
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