Search
Four-Unit Property with Garages
For Sale
Contact for pricing
Pending

202 Eastern Parkway, Newark, NJ 07106

Four-unit residential property with separate utility metering, basement rooms, and garage parking near Seton Hall University.

Property SizeContact for details
Days on Market39

Property Features for 202 Eastern Parkway

General Information

Standard status Pending
Total Parking Spaces 4
Property subtype Multi Family 2-4 Units

Additional Details

Public Transit Yes
Multifamily Units 4
Listing Agency: Century 21 Venture Real Estate-Kearny
Listed By: Karla Guevara · License #295166
Source: Capmarkrealty
Added: Jul 24 Changed: Aug 30 Last Checked: Aug 30 at 5:38PM

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 Century 21 Venture Real Estate-Kearny

Investment Insights

Based on property information with market context.

This four-unit residential property contains 8 bedrooms and 5 full bathrooms, with a finished basement adding three rooms and another full bathroom. Separate gas and electric meters support individual utility tracking, while separate new hot water heaters and three newer boilers serve the building. The property is being conveyed in as-is condition.

The property includes four garages and a long driveway. It is located in Newark’s Ivy Hill neighborhood near Seton Hall University, with access to South Orange Village and the broader SOMA area. Nearby train service provides connectivity to New York City. The existing layout and additional basement space offer flexibility for residential occupancy or student housing, subject to applicable requirements.

Key Highlights

  • Four‑unit property with 8 bedrooms and 5 full bathrooms
  • Finished basement includes three rooms and a full bathroom
  • Separate gas and electric meters

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Skin Care Clinic Home Appliance Store Carpet & Flooring Store

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

4
Residential units

Location Intelligence

Trade Area within ½ mile

964
Businesses Nearby

Demographics for 07106, NJ

34,596
Population
13,633
Households
2.5
Avg Household Size
35
Median Age
18%
College-Educated
85%
High-School Grad
1.4 sq mi
ZIP Area
24,711
Density / Sq Mi
$48,105
Median Household Income
$34,820
Median Earnings
$1,221
Median Rent
$321,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit residential property with separate utility metering, basement rooms, and garage parking near Seton Hall University.
Where is this quadplex located?
The property is located at 202 Eastern Parkway Newark, NJ.
What are key features of this property?
This property features: Four‑unit property with 8 bedrooms and 5 full bathrooms; Finished basement includes three rooms and a full bathroom; Separate gas and electric meters
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message