150 Garside Street, Newark, NJ 07104
MULTI_FAMILY - Newark, NJ
- Added:
- May 12, 2026
- Days on Market:
- 40
- Last Refresh:
- Jun 20 at 1:06 am
Property Features for 150 Garside Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bedroom 3, Bedroom 6, Bathroom 1, Bedroom 1, Bedroom 2, Bedroom 5, Bedroom 4, Basement
- 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.
HighLights
- Two‑family property with two 3‑bedroom, 1 full bath units
- Each unit is paying $2,500 per unit
- Public water and public sewer
- Roof type: shingle
- Year built: 1930
- On‑street parking
Overview
The home is located at 150 Garside Street in Newark, in Essex County. Public remarks indicate each unit is currently paying $2,500 per unit, positioning the property as an income-producing rental option within the Newark market.
For buyers seeking an owner-occupied or investor-held duplex, the practical advantage is the two-unit structure with comparable unit design. With both units described as three-bedroom, one-bath homes, the property may appeal to tenants looking for more space while giving an owner a consistent leasing profile across the building. This is offered for sale as an investment opportunity based on the stated current rental income.
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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Newark
- County
- Essex
- State
- New Jersey
- Longitude
- -74.175185
- Latitude
- 40.756565
