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Multifamily Property with Backyard

38 Milford Ave, Newark, NJ 07108

For Sale
$728,800
Pending

Interior finishes include cherry wood flooring, granite countertops, and updated bathrooms.

Property Size19,998 SF
Days on Market84

Property Features for 38 Milford Ave

General Information

Standard status Pending
Size 19,998 SF
Property subtype Multi Family

Site & Location

Neighborhood South Broad Valley

Taxes and HOA fees

Annual Taxes $8,521

Amenities

Cherry woodfloors
suite with Jaccuzzi
Granite tops
upgraded bathrooms
Huge back Yard

Building Details

Building Size 19,998 SF
Year Built 2003
Listing Agency: ALIGN RIGHT REALTY HOMEKEYS
Listed By: JOSE RODRIGUES
Source: Tkregroupinc
Added: Aug 18 Changed: Nov 1 Last Checked: Nov 9 at 10:51AM

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 ALIGN RIGHT REALTY HOMEKEYS

Rey
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Investment Insights

Based on property information with market context.

Built in 2003, this multifamily property features cherry wood floors, granite countertops, upgraded bathrooms, and a suite with a Jacuzzi. A backyard is also part of the property.

The property is near schools and transportation, with downtown Newark a few minutes away.

Key Highlights

  • Built in 2003
  • Cherry wood flooring and granite countertops
  • Suite with Jacuzzi

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Location Intelligence

Trade Area within ½ mile

1,227
Businesses Nearby

Demographics for 07108, NJ

28,715
Population
12,862
Households
2.2
Avg Household Size
32
Median Age
17%
College-Educated
85%
High-School Grad
1.4 sq mi
ZIP Area
20,511
Density / Sq Mi
$33,960
Median Household Income
$30,336
Median Earnings
$1,098
Median Rent
$326,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Multifamily properties in Newark, NJ

$334 Jul
$268 Aug
$242 Sep
$236 Oct

Properties on Market for Multifamily properties in Newark

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Interior finishes include cherry wood flooring, granite countertops, and updated bathrooms.
Where is this multifamily property located?
The property is located at 38 Milford Ave Newark, NJ.
What is the asking price?
The asking price for this property is $728,800.
What are key features of this property?
This property features: Built in 2003; Cherry wood flooring and granite countertops; Suite with Jacuzzi
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