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Second-Floor Multifamily Apartment

148 Milford Ave, Newark, NJ 07108

For Sale
New
Contact for pricing

The three-bedroom rental is across the street from a school, with public transportation nearby.

Property SizeContact for details
Days on Market2

Property Features for 148 Milford Ave

General Information

Standard status Active
Property subtype Multi-Family

Site & Location

Neighborhood South Broad Valley
Highway Access Yes
Road Access Yes
Public Transit Yes

Units

Unit Mix 1 x 3BR
Multifamily Units 1

Amenities

3
Public Water
25X70
0.04

Building Details

Year Built 1902
Listing Agency: INVESTORS REALTY SERVICES LLC
Listed By: Andrea Lew
Source: Skyrealtyintl
Added: Nov 8 Last Checked: Nov 9 at 10:06AM

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 INVESTORS REALTY SERVICES LLC

Rey
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Investment Insights

Based on property information with market context.

This multifamily property includes a three-bedroom rental apartment on the second floor. The building dates to 1902 and has public water service.

The property is on a one-way street opposite a school. Street parking is available, and public transportation serves the area. The Garden State Parkway and Turnpike are also accessible.

Key Highlights

  • Three‑bedroom rental apartment on the second floor
  • Building constructed in 1902
  • Public water service

Property Analytics

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Lease Details

1
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,148
Businesses Nearby

Demographics for 07108, NJ

28,715
Population
12,862
Households
2.2
Avg Household Size
32
Median Age
17%
College-Educated
85%
High-School Grad
1.4 sq mi
ZIP Area
20,511
Density / Sq Mi
$33,960
Median Household Income
$30,336
Median Earnings
$1,098
Median Rent
$326,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Multifamily properties in Newark, NJ

$334 Jul
$268 Aug
$242 Sep
$236 Oct

Properties on Market for Multifamily properties in Newark

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - The three-bedroom rental is across the street from a school, with public transportation nearby.
Where is this multifamily property located?
The property is located at 148 Milford Ave Newark, NJ.
What are key features of this property?
This property features: Three‑bedroom rental apartment on the second floor; Building constructed in 1902; Public water service
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