Quadplex with Parking
For Sale
$750,000
Pending
316 Ellery Ave, Newark, NJ 07106
MULTI_FAMILY - Newark City, NJ
Property SizeContact for details
Lot Size0.11 Acres
Days on Market121
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 3, Bedroom 8, Bedroom 4, Bathroom 1, Basement, Bathroom 3, Bedroom 5, Bedroom 6, Bathroom 4, Bedroom 1, Bathroom 2, Bedroom 2, Bedroom 7
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
(908) 316-8530
Listed By:
ADRIAN AGRAMONTE
(908) 316-8530
Added: Apr 13
Changed: Aug 2
Last Checked: Aug 11 at 5:06PM
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.
Investment Insights
Based on property information with market context.
This quadplex at 316 Ellery Ave in Newark City offers a four-family residential income configuration with a basement and multiple bedrooms and bathrooms. The home was built in 1952 and features a shingle roof. Utilities are serviced by public water and public sewer.
Set on a quiet residential block in Newark’s Vailsburg section, the property is positioned for tenants seeking convenient access to nearby schools and surrounding demand drivers. Parking availability is noted as a distinguishing feature for tenant appeal.
The layout, combined with the property’s established structure, supports a range of uses for buyers looking for a hands-on approach to improving the asset within a residential four-family format.
Set on a quiet residential block in Newark’s Vailsburg section, the property is positioned for tenants seeking convenient access to nearby schools and surrounding demand drivers. Parking availability is noted as a distinguishing feature for tenant appeal.
The layout, combined with the property’s established structure, supports a range of uses for buyers looking for a hands-on approach to improving the asset within a residential four-family format.
Key Highlights
- Four‑family quadplex configuration with basement
- 0.11‑acre lot size
- Built in 1952
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,326
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Quadplex on a 0.11-acre lot built in 1952 with public water, public sewer, and shingle roofing.
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 quadplex configuration with basement; 0.11‑acre lot size; Built in 1952
