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Reframed Multifamily Property
For Sale
$350,000

210 Berkeley Ave, Newark, NJ 07107

City-approved plans outline two-bedroom, one-and-a-half-bath layouts for each unit in this as-is multifamily property.

Property SizeContact for details
Days on Market72

Property Features for 210 Berkeley Ave

General Information

Standard status Active
Property subtype Multi-Family

Site & Location

Neighborhood Upper Roseville
Public Transit Yes

Building Details

Year Built 1900
Listing Agency: KELLER WILLIAMS SPRING LAKE
Listed By: AZIZA ARNETTE
Source: Goldstandardrealty
Added: Aug 15 Changed: Oct 10 Last Checked: Oct 24 at 8:11PM

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 KELLER WILLIAMS SPRING LAKE

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Investment Insights

Based on property information with market context.

Located at 210 Berkeley Ave in Newark, this multifamily property was gutted and reframed as part of a planned redevelopment. City-approved floor plans provide for units designed with two bedrooms and one-and-a-half baths, creating a defined configuration for the next phase of work. The property is offered as-is, with the approved layouts and existing reframing forming the basis for continued construction.

Built in 1900, the property is positioned in an urban setting with a Walk Score of 85, a Transit Score of 70, and a Bike Score of 51. These ratings indicate walkable surroundings, access to transit, and bikeable conditions near the property.

Key Highlights

  • Gutted and reframed multifamily property
  • City‑approved floor plans
  • Each unit designed with 2 bedrooms and 1.5 baths

Property Analytics

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Location Intelligence

Trade Area within ½ mile

1,357
Businesses Nearby

Demographics for 07107, NJ

41,627
Population
16,084
Households
2.6
Avg Household Size
33
Median Age
13%
College-Educated
77%
High-School Grad
1.6 sq mi
ZIP Area
26,017
Density / Sq Mi
$49,892
Median Household Income
$35,700
Median Earnings
$1,259
Median Rent
$353,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - City-approved plans outline two-bedroom, one-and-a-half-bath layouts for each unit in this as-is multifamily property.
Where is this multifamily property located?
The property is located at 210 Berkeley Ave Newark, NJ.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Gutted and reframed multifamily property; City‑approved floor plans; Each unit designed with 2 bedrooms and 1.5 baths
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