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

143 Walnut St, Newark, NJ 07105

Four apartments, each with permit parking, listed for rent.

Property SizeContact for details
Lot Size0.05 Acres
Days on Market172

Property Features for 143 Walnut St

General Information

Standard status Pending
Lot size 0.05 Acres
Property subtype Multi Family

Taxes and HOA fees

Annual Taxes $13,645

Building Details

Year Built 1928
Units 4
Listing Agency: RE/MAX SELECT
Listed By: RICHARD VILLARREAL
Source: Elliman
Added: Mar 11 Changed: Aug 27 Last Checked: Aug 28 at 5:45PM

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 RE/MAX SELECT

Investment Insights

Based on property information with market context.

This property features four apartments, two located at the front and two at the rear of the building. Each apartment is listed for rent at $1,900. Permit parking is available for each apartment.

Key Highlights

  • Four apartments available for rent (2 front, 2 rear).
  • Rent of $1900 per apartment.
  • 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.

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
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Frequently Asked Questions

What type of property is this?
Quadplex - Four apartments, each with permit parking, listed for rent.
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: Four apartments available for rent (2 front, 2 rear).; Rent of $1900 per apartment.; Permit parking for each apartment.
More about this property
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