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First-Floor Apartment

24 Grand Ave, Newark, NJ 07106

For Sale
New
Contact for pricing

Parking and water are included, with access to a shared yard.

Property SizeContact for details
Days on Market2

Property Features for 24 Grand Ave

General Information

Standard status Active
Property subtype Multi-Family

Site & Location

Neighborhood Lower Vailsburg

Additional Details

Multifamily Units 1

Amenities

shared yard
3
Public Water
33X110
0.08

Building Details

Year Built 1960
Listing Agency: LIFESTYLE INTERNATIONAL REALTY
Listed By: Justin Robinson
Source: Skyrealtyintl
Added: Nov 8 Last Checked: Nov 9 at 9:51AM

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 LIFESTYLE INTERNATIONAL REALTY

Rey
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Investment Insights

Based on property information with market context.

This first-floor, three-bedroom apartment is part of a multifamily property built in 1960. Interior features include hardwood flooring, a living room, a formal dining area, and an updated eat-in kitchen with substantial cabinet storage. The full bathroom has been renovated. Parking and water are included, and residents have use of a shared yard.

The property is at 24 Grand Ave in Newark, near shopping, public transportation, and major roadways.

Key Highlights

  • Three‑bedroom apartment on the first floor
  • Parking and water included
  • Hardwood floors, formal dining room, and eat‑in kitchen

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

1,349
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Multifamily properties in Newark, NJ

$334 Jul
$268 Aug
$242 Sep
$236 Oct

Properties on Market for Multifamily properties in Newark

Jul
Aug
Sep
Oct

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 - Parking and water are included, with access to a shared yard.
Where is this multifamily property located?
The property is located at 24 Grand Ave Newark, NJ.
What are key features of this property?
This property features: Three‑bedroom apartment on the first floor; Parking and water included; Hardwood floors, formal dining room, and eat‑in kitchen
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