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Two-Story Quadplex with Garages
For Sale
Contact for pricing

287-289 New York Ave, Newark, NJ 07105

Four apartments feature two- and three-bedroom layouts, separate utilities, hardwood floors, and basement laundry.

Property SizeContact for details
Lot Size0.11 Acres
Days on Market16

Property Features for 287-289 New York Ave

General Information

Standard status Active
Total Parking Spaces 2
Lot size 0.11 Acres
Property subtype Multifamily

Amenities

partially finished basement with laundry area

Building Details

Buildings 1
Stories 2
Tenancy Multi
Listing Agency: Weichert Realtors Home City
Listed By: Augusto Verissimo · License #9591085
Source: Crexi
Added: Jul 27 Changed: Aug 3 Last Checked: Aug 10 at 12:18PM

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 Home City

Investment Insights

Based on property information with market context.

This two-story quadplex contains four apartments with a mix of two- and three-bedroom layouts. Each unit includes a kitchen, living room, dining area, full bathroom, and hardwood flooring. The property also provides a partially finished basement with laundry facilities, separate utilities, a brick-front exterior with aluminum siding, and two detached rear garages for storage.

The 50' x 100' lot is located at 287-289 New York Ave in Newark’s Ironbound section. Restaurants, shopping, entertainment, and public transportation are located nearby, placing the property within an established mixed-use neighborhood. The four-unit configuration and varied apartment layouts support both multifamily ownership and rental operations.

Key Highlights

  • Four apartments with two- and three‑bedroom layouts
  • 50' x 100' oversized lot at 287‑289 New York Ave
  • Partially finished basement with laundry area

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Tanning Salon Locksmith 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.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

3,615
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
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Frequently Asked Questions

What type of property is this?
Quadplex - Four apartments feature two- and three-bedroom layouts, separate utilities, hardwood floors, and basement laundry.
Where is this quadplex located?
The property is located at 287-289 New York Ave Newark, NJ.
What is the asking price?
The asking price for this property is $985,000.
What are key features of this property?
This property features: Four apartments with two- and three‑bedroom layouts; 50' x 100' oversized lot at 287‑289 New York Ave; Partially finished basement with laundry area
(201) 293-6333 Call to check price and availability
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