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Four-Family Income Property with Finished Basement

200 Eastern Parkway Newark, NJ 07106

200 Eastern Parkway, Newark, NJ, 07106
$850,000
For Sale
$850,000

Four income-producing units with 8 bedrooms and 5 full baths, plus a finished basement and full bath.

Property Size900 SF
Price / SF$944.44
Days on Market37

Property Features for 200 Eastern Parkway

General Information

Standard status
Active
Size
900 SF
Property subtype
Multi Family / Fourplex

Building Details

Year Built
1932
Listing agency C-21 SEMIAO & ASSOCIATES
Listed by KARLA GUEVARA · License #295166
Source Compass
Added: Jun 16 Updated: Jul 21 at 5:55AM Checked: Jul 21 at 5:55AM

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 C-21 SEMIAO & ASSOCIATES


Investment Insights

Based on property information with market context.

This four-family residential income property offers 8 bedrooms and 5 full baths across four income-producing units. The home includes a finished basement with three additional rooms and a full bathroom, providing extra flexibility for day-to-day use.

The building is equipped with separate gas and electric meters, separate and new hot water heaters, and three out of four newer boilers. The property also features four garages and a long driveway. The property and garages are being conveyed in as-is condition. Located in Newark’s Ivy Hill neighborhood, it is described as being just steps from Seton Hall University, with convenient access to South Orange Village and the greater SOMA community, and nearby train service for travel to New York City.

Key Highlights

  • 4‑family property with 8 bedrooms and 5 full baths
  • Finished walkout basement with 3 additional rooms and a full bathroom
  • Separate gas and electric meters; separate hot water heaters; 3 of 4 newer boilers

Property Analytics

Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Real Estate Agency Law Firm Parking Lot & Garage Skin Care Clinic Home Appliance Store Carpet & Flooring Store Bar & Pub (Bike/Boat/Book/etc) Store Storage Facility Nursing Home

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Four income-producing units with 8 bedrooms and 5 full baths, plus a finished basement and full bath.
Where is this quadplex located?
The property is located at 200 Eastern Parkway Newark, NJ.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 4‑family property with 8 bedrooms and 5 full baths; Finished walkout basement with 3 additional rooms and a full bathroom; Separate gas and electric meters; separate hot water heaters; 3 of 4 newer boilers
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