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    Four-Unit Residential Income Property

    143 Walnut St Newark, NJ 07105

    143 Walnut St, Newark, NJ, 07105
    $849,000
    Pending
    For Sale
    Claim this Listing
    $849,000
    Pending

    MULTI_FAMILY - Newark City, NJ

    Lot Size0.05 Acres
    AddedFeb 17, 2025
    Days on Market513
    Last RefreshJul 15 at 2:06 am

    Property Features for 143 Walnut St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    R4
    Bedrooms
    8
    Bathrooms
    5
    Rooms
    Bedroom 8, Bedroom 1, Bedroom 4, Bathroom 5, Basement, Bathroom 4, Bathroom 3, Bedroom 5, Bedroom 2, Bedroom 3, Bedroom 6, Bathroom 2, Bedroom 7, Bathroom 1
    Parking
    6
    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 agent RICHARD VILLARREAL

    Listing office RE/MAX SELECT 137 ELMER STREET -, Morristown, NJ

    Listing date Feb 17, 2025

    MLS# 3946382 Listing URL

    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 offering is a four-unit residential income property with a quadplex layout consisting of two front apartments and two rear apartments. Permit parking is designated for each apartment, supporting everyday tenant needs and simplifying resident parking management.

    The property is located at 143 Walnut St in Newark City, Essex County, New Jersey 07105-1241. The asset is zoned R4, aligning it with local residential use requirements for a small multi-family structure.

    For prospective buyers or investors, the two-front/two-rear configuration can provide an operator with a straightforward four-unit rental lineup under one ownership interest. The presence of permit parking for each apartment is a practical operational detail for tenant retention and day-to-day building logistics. As a for-sale multifamily asset in an R4 setting, it may be well suited to buyers looking to acquire a compact residential income property with an uncomplicated unit count and defined parking access for residents.

    Key Highlights

    • Year built: 1928
    • Heating includes baseboard and hot water heating
    • Public water and public sewer connection

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Veterinary Clinic Nursing Home Nursing Home (Bike/Boat/Book/etc) Store Buffet Tanning Salon Pet Grooming Service Clothing & Fashion Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

    Zoning and permitted uses should be independently verified with local authorities.

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    FAQs

    What type of property is this?
    Quadplex - Quadplex configuration includes two front and two rear units, with permit parking provided for each apartment.
    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: Year built: 1928; Heating includes baseboard and hot water heating; Public water and public sewer connection
    Contact an agent
    (973) 539-6300
    We can help!
    Contact an agent
    RICHARD VILLARREAL
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