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Six-Unit Apartment Investment
For Sale
$1,425,000

369 E Kinney St, Newark, NJ 07105

Six-family property with one 1-bedroom and five 2-bedroom units, presented in good condition for immediate rental operations.

Property SizeContact for details
Days on Market108

Property Features for 369 E Kinney St

General Information

Standard status Active
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $9,957

Amenities

Central air
4+ Units Heating
Baseboard - Electric Heating
Baseboard - Hotwater Heating
Flat Roof
Level Lot
On-Street Parking
Wall A/C Unit(s) Cooling

Building Details

Year Built 9999
Listing Agency: EXIT REALTY LUCKY ASSOCIATES
Listed By: PATRICK DWYER · License #293621
Source: Corcoran
Added: Apr 28 Changed: Aug 10 Last Checked: Aug 12 at 7:12AM

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 EXIT REALTY LUCKY ASSOCIATES

Investment Insights

Based on property information with market context.

This six-family apartment investment includes one 1-bedroom unit and five 2-bedroom units. The property is described as being in good condition with well-maintained units that are suited for long-term tenant occupancy.

The building is located in the Ironbound area of Newark and is described as conveniently positioned near major highways, public transportation, schools, and local amenities.

As a turnkey multifamily opportunity, it is configured to support immediate rental use, with the current unit mix designed for stable day-to-day income.

Key Highlights

  • Six‑family investment property with one 1‑bedroom unit and five 2‑bedroom units
  • Good‑condition building, set up for immediate rental operations
  • One 1BR and five 2BR unit mix designed to support long‑term rental occupancy

Property Analytics

Current Use

Apartment buildings

Suggested Use

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

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

4,506
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Six-family property with one 1-bedroom and five 2-bedroom units, presented in good condition for immediate rental operations.
Where is this apartment building located?
The property is located at 369 E Kinney St Newark, NJ.
What is the asking price?
The asking price for this property is $1,425,000.
What are key features of this property?
This property features: Six‑family investment property with one 1‑bedroom unit and five 2‑bedroom units; Good‑condition building, set up for immediate rental operations; One 1BR and five 2BR unit mix designed to support long‑term rental occupancy
More about this property
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