Updated One-Bedroom
30 Ferry St # A, Newark, NJ 07105
For Sale
New
Contact for pricing
The kitchen and living area share a combined space, alongside a separate bedroom and full bathroom.
Property Size400 SF
Price / SF$4.38
Days on Market2
Property Features for 30 Ferry St # A
General Information
Standard status
Size
Property subtype
Zoning
Site & Location
Neighborhood
Public Transit
Units
Unit Mix
Multifamily Units
Amenities
1
City/Town Street
Level Lot
Public Water
22 X117.2
0.06
Building Details
Year Built
Listing Agency:
(551) 239-8040
Listed By:
Justin Robinson
Source:
Skyrealtyintl
Added: Nov 8
Last Checked: Nov 9 at 8:11AM
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 Justin Robinson
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Investment Insights
Based on property information with market context.
This updated 400-square-foot apartment has one bedroom and one bathroom, with the kitchen and living room arranged together. The property was built in 1930.
Newark Penn Station is nearby, along with shops, pharmacies, restaurants, and coffee shops.
Newark Penn Station is nearby, along with shops, pharmacies, restaurants, and coffee shops.
Key Highlights
- 400‑square‑foot apartment with one bedroom and one bathroom
- Combined kitchen and living area
- Updated interior
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$6,138
Suggested Prices Based on Cap Rates
Cap Rate 5%
$122,760
$122.8K
Cap Rate 7%
$87,686
$87.7K
Cap Rate 9%
$68,200
$68.2K
Market Conditions
NOI Build-Up for 400 SF
Gross rent
$11.8K $29.40/SF
− Vacancy
−$600 −$1.50/SF
EGI
$11.2K $27.90/SF
− OpEx
−$5.0K −$12.56/SF
NOI
$6.1K $15.35/SF
Area
ZIP 07105
Vacancy
5.10%
Lease Rate
$29.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$122,760
Cap Rate 7%
$87,686
Cap Rate 9%
$68,200
Alternative Uses
Best Use
Apartment 5plus
$87.7K
$76.7K – $102.3K
NOI $6,138 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$143.1K
$125.2K – $166.9K
NOI $10,015 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
5,486
Businesses Nearby
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Business Placement
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
$445,900
Median Home Value
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Market
Average Price Trend$/SF for Residential income properties in Newark, NJ
Properties on Market for Residential income properties in Newark
Frequently Asked Questions
What type of property is this?
Residential income property - The kitchen and living area share a combined space, alongside a separate bedroom and full bathroom.
Where is this residential income property located?
The property is located at 30 Ferry St # A Newark, NJ.
What are key features of this property?
This property features: 400‑square‑foot apartment with one bedroom and one bathroom; Combined kitchen and living area; Updated interior
