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R4 Quadplex with Permit Parking
For Sale
$849,000
Pending

143 Walnut St, Newark, NJ 07105

Multi-Family, 3-Three Story, Newark City, NJ

Property SizeContact for details
Lot Size0.05 Acres
Days on Market553

Property Features for 143 Walnut St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R4
Bedrooms 8
Bathrooms 5
Full bathrooms 5
Rooms Bathroom 3, Bedroom 3, Bedroom 1, Bedroom 5, Bedroom 6, Bathroom 1, Bedroom 4, Bathroom 4, Basement, Bedroom 7, Bathroom 2, Bedroom 2, Bedroom 8
Parking 6
Subdivision IRONDOUND
Directions RT 21 EAT ON WALNUT S
Standard status Pending
Lot size 0.05 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 13645

Utilities

Sewer type Public Sewer
Heating system Baseboard, Hot Water(Heating)
Water source Public

Building Details

Year built 1928
Floors in Building 3
Number of units 4
Roof type Flat, Shingle
Architectural style Other
Listing Agency: RE/MAX SELECT · RE/MAX International
Listed By: RICHARD VILLARREAL
Added: Feb 17, 2025 Changed: Aug 19 Last Checked: Aug 24 at 11:06PM
MLS# 3946382

Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This quadplex includes four apartments configured as two units at the front and two units at the rear. Permit parking is provided for each apartment. The property was built in 1928 and has heating served by baseboard and hot water systems.

Public utilities include public water and public sewer. The roof is described as both flat and shingle.

Zoned R4, this is a residential income opportunity for buyers seeking a small multifamily asset with a straightforward four-unit layout and permit parking for tenants.

Key Highlights

  • Quadplex with four units configured as two front and two rear
  • Zoned R4
  • Permit parking for each apartment

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Veterinary Clinic Nursing Home (Bike/Boat/Book/etc) Store Buffet Tanning Salon Pet Grooming Service

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

5,899
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Quadplex zoned R4 built in 1928 with four units configured two front and two rear, each with permit parking.
Where is this quadplex located?
The property is located at 143 Walnut St Newark, NJ.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: Quadplex with four units configured as two front and two rear; Zoned R4; Permit parking for each apartment
More about this property
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