Building Details

Year Built 1932

Listing Agency: t***@tonykostovski.com

Listed By: TONY KOSTOVSKI

Source: Elliman

Added: Mar 28 Changed: Jul 10 Last Checked: Aug 9 at 10:46AM

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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 TONY KOSTOVSKI

Investment Insights

Based on property information with market context.

This recently renovated unit features new flooring, fresh paint, and a new stove. The property is clean, updated, and ready for immediate occupancy. One parking space is available in the driveway. The location has a walk score of 80, indicating it is very walkable, and a transit score of 59, suggesting good transit options. The bike score is 41, meaning it is somewhat bikeable.

Key Highlights

• Very Walkable location (Walk Score 80)
• Recently renovated with new flooring, fresh paint, and new stove
• Ready for immediate occupancy

Property Analytics

Property Profile

Current Use

Residential income 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

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Frequently Asked Questions

What type of property is this?

Residential income property - Recently renovated unit with new flooring, paint, and stove.

Where is this residential income property located?

The property is located at 282 Renner Ave 1 Newark, NJ.

What is the lease rate?

The lease rate is $2,300/Mo.

What are key features of this property?

This property features: Very Walkable location (Walk Score 80); Recently renovated with **new flooring, fresh paint, and new stove**; Ready for immediate occupancy