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19-Unit Apartment Building
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166-170 Emmet Street, Newark, NJ 07114

New construction multifamily property with a mix of one- and two-bedroom apartments and on-site parking.

Property Size15,869 SF
Days on Market11

Property Features for 166-170 Emmet Street

General Information

Standard status Active
Size 15,869 SF
Total Parking Spaces 14
Property subtype Multifamily

Units

Unit Mix 4 x 1BR, 14 x 2BR, 1 x 2BR with private balcony
Multifamily Units 19

Building Details

Building Size 15,869 SF
Buildings 1
Listing Agency: Sitar Realty Company Iselin
Listed By: William Sitar Jr. · License #7867749
Source: Sitarcompany
Added: Aug 21 Changed: Aug 28 Last Checked: Aug 31 at 2:22PM

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 Sitar Realty Company Iselin

Investment Insights

Based on property information with market context.

Newly constructed apartment building comprising 19 apartments, including four one-bedroom units, fourteen two-bedroom units, and one larger two-bedroom apartment with a private balcony. Unit sizes range from approximately 548 SF to approximately 1,213 SF, providing a varied residential configuration within the property.

The building includes 14 parking spaces and is located at 166-170 Emmet Street in Newark, New Jersey. The property is in lease-up, with financial and due diligence materials available after execution of an NDA.

Key Highlights

  • 19 apartments in a newly constructed building
  • Unit mix includes four 1‑bedroom and fourteen 2‑bedroom apartments
  • One large 2‑bedroom apartment includes a private balcony

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Nursing Home Tanning Salon Pet Grooming Service Dental Office (Bike/Boat/Book/etc) Store Arcade & Gaming Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

19
Residential units

Location Intelligence

Trade Area within ½ mile

1,615
Businesses Nearby

Demographics for 07114, NJ

17,767
Population
4,694
Households
3.8
Avg Household Size
39
Median Age
9%
College-Educated
69%
High-School Grad
7.9 sq mi
ZIP Area
2,249
Density / Sq Mi
$34,167
Median Household Income
$35,916
Median Earnings
$616
Median Rent
$384,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - New construction multifamily property with a mix of one- and two-bedroom apartments and on-site parking.
Where is this apartment building located?
The property is located at 166-170 Emmet Street Newark, NJ.
What are key features of this property?
This property features: 19 apartments in a newly constructed building; Unit mix includes four 1‑bedroom and fourteen 2‑bedroom apartments; One large 2‑bedroom apartment includes a private balcony
More about this property
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