150 Garside Street Newark, NJ 07104
MULTI_FAMILY - Newark, NJ
- Added:
- May 12, 2026
- Days on Market:
- 60
- Last Refresh:
- Jul 10 at 9:06 pm
Property Features for 150 Garside Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Basement, Bathroom 2, Bedroom 6, Bathroom 1, Bedroom 2, Bedroom 1, Bedroom 3, Bedroom 4, Bedroom 5
- Parking features
- On Street
- Basement
- Full
- Standard status
- Active
- APN
- 14-00511-0000-00016
- Size
- 2,456 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 6246
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1930
- Floors in Building
- 2
- Number of units
- 2
- Roof type
- Shingle
Listing agent John Natale License #0790719 (855) 450-0442
Listing office Real Broker, LLC 165 Passaic Ave. Ste 205, HADDON TOWNSHIP, NJ (855) 450-0442
Listing date May 12, 2026
Copyright © 2026 More MLS. 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.
The property is located at 150 Garside Street in Newark, New Jersey 07104, in Essex County. The lot size is listed at 0.06 acres, and the property size is 2,456 square feet.
Based on the information provided, both units are currently paying rent at $2,500 per unit. That active income status may be of interest to buyers seeking a managed, income-producing duplex structure with uniform unit configurations. The property’s two-3-bedroom/one-bath setup is also a practical fit for tenants looking for larger, family-oriented space while remaining within a straightforward two-unit building format.
Key Highlights
- Two‑family property with two 3‑bedroom, 1 full bath units
- Each unit is reported to be paying $2,500 per unit
- Public water and public sewer
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $62.8k | $25.56 |
| − Vacancy | −$3.0k | −$1.24 |
| EGI | $59.7k | $24.32 |
| − OpEx | −$17.9k | −$7.30 |
| NOI | $41.8k | $17.03 |
