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Two-Story Multifamily Property
For Sale
$619,000

340 Adams St, Newark, NJ 07105

Finished interiors with natural gas service and a gas water heater support residential occupancy.

Property SizeContact for details
Days on Market190

Property Features for 340 Adams St

General Information

Standard status Active
Property subtype Residential Income

Taxes and HOA fees

Annual Taxes $4,238

Amenities

Natural Gas
Finished
Gas Water Heater
2-Two Story

Building Details

Year Built 1900
Stories 2
Listing Agency: PLATINUM REAL ESTATE SOLUTIONS
Listed By: FAITH SALVIANO · License #250275
Source: Evrealestate
Added: Feb 26 Changed: Aug 30 Last Checked: Sep 4 at 2:57AM

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 PLATINUM REAL ESTATE SOLUTIONS

Investment Insights

Based on property information with market context.

This multifamily property at 340 Adams St in Newark City, New Jersey, was built in 1900 and includes finished interior space. Property features include natural gas service and a gas water heater. The exterior information identifies a two-story configuration.

The property is located in Essex County. Access directions run from McCarter Highway to South Street and then Adams Street.

Key Highlights

  • Multifamily property at 340 Adams St, Newark City, NJ 07105
  • Built in 1900
  • Two‑story configuration

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Nursing Home Tanning Salon Locksmith Pet Grooming Service Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,152
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Finished interiors with natural gas service and a gas water heater support residential occupancy.
Where is this multifamily property located?
The property is located at 340 Adams St Newark, NJ.
What is the asking price?
The asking price for this property is $619,000.
What are key features of this property?
This property features: Multifamily property at 340 Adams St, Newark City, NJ 07105; Built in 1900; Two‑story configuration
More about this property
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