Four-Unit Multifamily Property with
For Sale
$750,000
Pending
316 Ellery Ave, Newark, NJ 07106
Multi-Family, Fourplex, Newark City, NJ
Property SizeContact for details
Lot Size0.11 Acres
Days on Market204
Property Features for 316 Ellery Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
8
Bathrooms
5
Full bathrooms
4
Half bathrooms
1
Rooms
Bedroom 7, Bedroom 4, Bedroom 5, Bathroom 1, Bathroom 3, Bathroom 4, Basement, Bathroom 2, Bedroom 1, Bedroom 8, Bedroom 3, Bedroom 2, Bedroom 6
Parking
4
Directions
google maps
Standard status
Pending
Lot size
0.11 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
10133
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1952
Number of units
4
Roof type
Shingle
Architectural style
Other
Listing Agency:
BHGRE ELITE
Listed By:
ADRIAN AGRAMONTE · License #403634
(908) 316-8530
Added: Apr 13
Changed: Oct 26
Last Checked: Nov 2 at 4:06AM
MLS# 4020415
Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This four-unit multifamily property at 316 Ellery Ave in Newark’s Vailsburg section offers a renovation-oriented configuration with 8 bedrooms, 4 bathrooms, and a basement. Built in 1952, the structure includes a shingle roof and is connected to public water and public sewer. Parking is available, adding practical functionality for residential occupants.
The property is located minutes from Seton Hall University and near South Orange, with the address situated in Newark, NJ 07106. Its residential-block setting and four-family layout provide a clearly defined multifamily framework for renovation and continued residential use.
The property is located minutes from Seton Hall University and near South Orange, with the address situated in Newark, NJ 07106. Its residential-block setting and four-family layout provide a clearly defined multifamily framework for renovation and continued residential use.
Key Highlights
- Four‑unit multifamily property at 316 Ellery Ave, Newark, NJ 07106
- 8 bedrooms and 4 bathrooms
- Basement included
Property Analytics
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,120
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit residential property requiring renovation, with basement space and parking availability on a Newark residential block.
Where is this quadplex located?
The property is located at 316 Ellery Ave Newark, NJ.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Four‑unit multifamily property at 316 Ellery Ave, Newark, NJ 07106; 8 bedrooms and 4 bathrooms; Basement included
