4-Unit Multifamily
316 Ellery Ave, Newark, NJ 07106
For Sale
$750,000
Pending
The 1952 building offers a renovation opportunity with parking on a residential block.
Property SizeContact for details
Days on Market20
Property Features for 316 Ellery Ave
General Information
Standard status
Property subtype
Property Condition
Severity
Evidence
Site & Location
Neighborhood
Additional Details
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
Full
Gas-Natural
1
4
8
CookGas
2
1.0
Bedrooms,Eat-In Kitchen
No
Public Water
49X100
0.11
Wood
Building Details
Year Built
Listing Agency:
BHGRE ELITE
(908) 224-5438
Listed By:
Shannon Sklodowksy
Source:
Haven
Added: Oct 21
Changed: Nov 9
Last Checked: Nov 9 at 8:32AM
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 BHGRE ELITE
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Investment Insights
Based on property information with market context.
This four-family property in Newark was built in 1952 and is described as a fixer-upper. The existing structure presents a renovation project, with parking available on site. The parcel measures 49 by 100 feet, or 0.11 acres.
The property is in Newark’s Vailsburg section, minutes from Seton Hall University and near South Orange. It sits on a residential block.
The property is in Newark’s Vailsburg section, minutes from Seton Hall University and near South Orange. It sits on a residential block.
Key Highlights
- Four‑family property on a 0.11‑acre parcel
- Lot dimensions: 49 by 100 feet
- Built in 1952
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
Properties on Market for Quadplexes in Newark
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Quadplex - The 1952 building offers a renovation opportunity with parking on a 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‑family property on a 0.11‑acre parcel; Lot dimensions: 49 by 100 feet; Built in 1952
