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Newark Multifamily Property For Sale
For Sale
$1,150,000

39 Grand, Newark, NJ 07106

Three-level multifamily property in Newark's Upper Vailsburg section.

Property SizeContact for details
Days on Market285

Property Features for 39 Grand

General Information

Standard status Active
Property subtype Commercial
Listing Agency: JD Frances Realty
Listed By: Deanna F. Sery ()
Source: Fortuneluxuryrealty
Added: Nov 28, 2025 Changed: Sep 8 Last Checked: Sep 5 at 3:26AM

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 JD Frances Realty

Investment Insights

Based on property information with market context.

Located in the Upper Vailsburg section of Newark, 39 Grand Avenue offers 4274 square feet of living space across three levels. The first-floor apartment includes two bedrooms, a bathroom, and an open floor concept. The second level features a large open floor concept, two bedrooms, a bathroom, an en-suite bedroom, and a walk-in closet. The third floor includes a home office or fourth bedroom, an open floor concept, two bedrooms, a bathroom, an en-suite bedroom, and a walk-in closet. This 36-foot property has an irregular lot extending to the rear of the house into the next town, a built-in two-car garage, a sprinkler system, separate utilities, and laundry hookups in each unit. Construction is scheduled to begin in less than 45 days. The site is available for viewing.

Key Highlights

  • 4274 sq. ft. of living space across three levels.
  • Multiple units with separate utilities and laundry hookups.
  • En‑suite bedrooms with walk‑in closets on the second and third floors.

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Real Estate Agency (Bike/Boat/Book/etc) Store Carpet & Flooring Store Storage Facility Veterinary Clinic

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

1,349
Businesses Nearby

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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Three-level multifamily property in Newark's Upper Vailsburg section.
Where is this multifamily property located?
The property is located at 39 Grand Newark, NJ.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: 4274 sq. ft. of living space across three levels.; Multiple units with separate utilities and laundry hookups.; En‑suite bedrooms with walk‑in closets on the second and third floors.
More about this property
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