Building Details

Year Built 1907

Listing Agency: eXp Realty, LLC n***@naeemboucherproperties.com Show Phone

Listed By: NAEEM BOUCHER · License #1642932

Source: Elliman

Added: Mar 31 Changed: Aug 8 Last Checked: Jul 16 at 8:04AM

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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 eXp Realty, LLC

Investment Insights

Based on property information with market context.

This is a recently renovated 3-bedroom apartment for rent. The unit includes 1 full bathroom. The property is conveniently located near public transportation. Water is included in the rent.

Key Highlights

• Recently renovated 3‑bedroom apartment.
• Conveniently located near public transportation.
• Rent includes water.

Property Analytics

Property Profile

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency (Bike/Boat/Book/etc) Store Carpet & Flooring Store Pet Grooming Service Tattoo & Piercing Shop

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

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

2,680

Businesses Nearby

Explore this area Business Placement

Demographics for 07103, NJ

39,439

Population

13,832

Households

2.9

Avg Household Size

30

Median Age

21%

College-Educated

81%

High-School Grad

2.2 sq mi

ZIP Area

17,927

Density / Sq Mi

$42,397

Median Household Income

$34,278

Median Earnings

$1,289

Median Rent

$259,300

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Apartment building - Recently renovated 3-bedroom apartment near public transportation. Water included.

Where is this apartment building located?

The property is located at 226 Fairmount Ave 1 Newark, NJ.

What is the lease rate?

The lease rate is $2,000/Mo.

What are key features of this property?

This property features: Recently renovated 3‑bedroom apartment.; Conveniently located near public transportation.; Rent includes water.