Building Details

Year Built 1925

Listing Agency: KELLER WILLIAMS PARK VIEWS i***@thelevteam.com Show Phone

Listed By: EYAL LEVY · License #302024

Source: Elliman

Added: Nov 28, 2025 Changed: Aug 24 Last Checked: Aug 29 at 10:20AM

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Investment Insights

Based on property information with market context.

This apartment is located in the Weequahic area. It features 3 bedrooms and 1 bathroom. The property has hardwood flooring throughout. The kitchen includes stainless steel appliances. The apartment offers spacious bedrooms and a living area.

Key Highlights

• 3 Bedrooms
• Hardwood Flooring Throughout
• Stainless Steel Appliances

Property Analytics

Property Profile

Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Skin Care Clinic Gym & Fitness Center Cafe & Coffee 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

1,826

Businesses Nearby

Explore this area Business Placement

Demographics for 07112, NJ

29,773

Population

11,779

Households

2.5

Avg Household Size

34

Median Age

18%

College-Educated

86%

High-School Grad

1.4 sq mi

ZIP Area

21,266

Density / Sq Mi

$55,171

Median Household Income

$35,709

Median Earnings

$1,334

Median Rent

$306,100

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?

Multifamily property - Charming 3-bedroom, 1-bathroom apartment in Newark's Weequahic area.

Where is this multifamily property located?

The property is located at 279 Renner Ave Apt 2 Newark, NJ.

What is the lease rate?

The lease rate is $2,250/Mo.

What are key features of this property?

This property features: 3 Bedrooms; Hardwood Flooring Throughout; Stainless Steel Appliances