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21-Unit Apartment Property
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294-296 and 298 Van Buren Street, Newark, NJ 07105

Two residential buildings in Newark offer a combined multifamily configuration across separate addresses.

Property SizeContact for details
Days on Market144

Property Features for 294-296 and 298 Van Buren Street

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 21
Listing Agency: The Kislak Company Inc
Listed By: Scott Davidovic · License #NJ 0571714
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 3:47PM

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 The Kislak Company Inc

Investment Insights

Based on property information with market context.

The property comprises two apartment buildings in Newark, New Jersey. The building at 294-296 Van Buren Street contains 6 residential units, while 298 Van Buren Street contains 15 residential units, for a combined total of 21 units.

The addresses are located on Van Buren Street in Newark’s 07105 ZIP code.

Key Highlights

  • 21 residential units in total
  • 6 units at 294‑296 Van Buren Street
  • 15 units at 298 Van Buren Street

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Nursing Home Tanning Salon Pet Grooming Service Locksmith Restaurant

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

21
Residential units

Location Intelligence

Trade Area within ½ mile

3,122
Businesses Nearby

Demographics for 07105, NJ

50,870
Population
20,608
Households
2.5
Avg Household Size
35
Median Age
15%
College-Educated
70%
High-School Grad
4.6 sq mi
ZIP Area
11,059
Density / Sq Mi
$55,752
Median Household Income
$33,175
Median Earnings
$1,600
Median Rent
$445,900
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?
Apartment building - Two residential buildings in Newark offer a combined multifamily configuration across separate addresses.
Where is this apartment building located?
The property is located at 294-296 and 298 Van Buren Street Newark, NJ.
What are key features of this property?
This property features: 21 residential units in total; 6 units at 294‑296 Van Buren Street; 15 units at 298 Van Buren Street
More about this property
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