Search
Six-Unit Mixed-Use Building
For Sale
Contact for pricing
Pending

231 Ferry St, Newark, NJ 07105

Property combines a storefront, residential apartments, driveway, garage, and unfinished basement space.

Property SizeContact for details
Days on Market142

Property Features for 231 Ferry St

General Information

Standard status Pending
Property subtype Mixed Use
Listing Agency: WEICHERT REALTORS NEW GROUP
Listed By: Augusto Verissimo · License #NJ
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 3:06AM

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 WEICHERT REALTORS NEW GROUP

Investment Insights

Based on property information with market context.

This mixed-use building contains six units with both commercial and residential components. The ground level includes a storefront, driveway, and a high-ceiling garage. A large rear apartment offers five rooms, two full bathrooms, a laundry room, and central HVAC. Four additional apartments front Ferry Street, each configured with three rooms, one bedroom, and one full bathroom.

An unfinished basement provides additional building space. The property is located at 231 Ferry St in Newark’s Ironbound section, placing the asset within an established mixed-use neighborhood. Its combination of storefront space, multiple apartments, garage access, and on-site driveway creates a varied physical configuration for commercial and residential occupancy.

Key Highlights

  • Six‑unit mixed‑use building with commercial and residential components
  • Ground‑level storefront with driveway access
  • High‑ceiling garage included

Property Analytics

Current Use

Afex Agent Bank Constelacion Musical Latina Department Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Tanning Salon Adult Day Care Pet Grooming Service Nursing Home

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

Location Intelligence

Trade Area within ½ mile

4,062
Businesses Nearby

Demographics for 07105, NJ

50,870
Population
20,608
Households
2.5
Avg Household Size
35
Median Age
15%
College-Educated
70%
High-School Grad
4.6 sq mi
ZIP Area
11,059
Density / Sq Mi
$55,752
Median Household Income
$33,175
Median Earnings
$1,600
Median Rent
$445,900
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?
Mixed-use property - Property combines a storefront, residential apartments, driveway, garage, and unfinished basement space.
Where is this mixed-use property located?
The property is located at 231 Ferry St Newark, NJ.
What are key features of this property?
This property features: Six‑unit mixed‑use building with commercial and residential components; Ground‑level storefront with driveway access; High‑ceiling garage included
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