Ironbound Multifamily Investment
For Sale
$1,679,000
160 E Kinney St, Newark, NJ 07105
Six apartments and three parking spaces in Newark's Ironbound.
Property SizeContact for details
Days on Market228
Property Features for 160 E Kinney St
General Information
Standard status
Active
Listing Agency:
EXIT REALTY LUCKY ASSOCIATES
Listed By:
ANTONIO COSTA · License #238477
(908) 289-7746
Source:
Luminancerealty
Added: Mar 5
Changed: Oct 1
Last Checked: Oct 5 at 7:43PM
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 EXIT REALTY LUCKY ASSOCIATES
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Investment Insights
Based on property information with market context.
This multifamily property is located in the Ironbound section and features six apartments and three parking spaces. All tenants are on month-to-month leases. The unit mix includes two one-bedroom apartments, three two-bedroom apartments, and one three-bedroom, two-bath apartment. Interior finishes consist of wood, ceramic tile, and carpet flooring. Each apartment is equipped with electric baseboard heat and a hot water tank. The property has seven gas meters and eight electric meters. The property is described as being in good condition and very well-located.
Key Highlights
- Six apartments in the Ironbound section, providing immediate rental income.
- Includes three parking spaces, a valuable amenity for tenants.
- Varied unit mix: 1, 2, and 3‑bedroom apartments cater to diverse tenant needs.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
4,901
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Six apartments and three parking spaces in Newark's Ironbound.
Where is this apartment building located?
The property is located at 160 E Kinney St Newark, NJ.
What is the asking price?
The asking price for this property is $1,679,000.
What are key features of this property?
This property features: Six apartments in the Ironbound section, providing immediate rental income.; Includes **three parking spaces**, a valuable amenity for tenants.; Varied unit mix: 1, 2, and 3‑bedroom apartments cater to diverse tenant needs.
