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Multifamily Building with Exposed Brick
For Sale
$1,050,000

409 Halsey St, Newark, NJ 07102

Updated kitchens and baths pair with hardwood floors, high ceilings, and spacious rooms.

Property SizeContact for details
Days on Market16

Property Features for 409 Halsey St

General Information

Standard status Active
Property subtype Multi Family

Site & Location

Neighborhood Central Business District
Highway Access Yes
Road Access Yes
Public Transit Yes

Taxes and HOA fees

Annual Taxes $10,793

Building Details

Year Built 2005
Units 2
Listing Agency: Real Broker LLC
Listed By: ALESSANDRO FALCAO · License #0571693
Source: Elliman
Added: Oct 9 Changed: Oct 21 Last Checked: Oct 24 at 7:33PM

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 Real Broker LLC

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Investment Insights

Based on property information with market context.

Built in 2005, this downtown Newark multifamily property has units with exposed brick, hardwood floors, high ceilings, and large rooms. Updated kitchens and bathrooms add to the interior features. The property may suit an owner-occupant seeking rental income from the other units or an investor adding a multifamily asset to a portfolio.

The Halsey Street address places the property near restaurants, lounges, entertainment, downtown businesses, universities, Prudential Center, Newark Penn Station, and NJPAC. Newark Liberty International Airport, New York City, Route 21, I-280, and the Garden State Parkway are accessible from the area. New residential construction and redevelopment are also present nearby.

Key Highlights

  • Multifamily property at 409 Halsey St in downtown Newark
  • Units feature exposed brick, hardwood floors, high ceilings, and large rooms
  • Updated kitchens and bathrooms

Property Analytics

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Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

4,105
Businesses Nearby

Demographics for 07102, NJ

15,047
Population
6,574
Households
2.3
Avg Household Size
34
Median Age
30%
College-Educated
82%
High-School Grad
1.1 sq mi
ZIP Area
13,679
Density / Sq Mi
$37,093
Median Household Income
$42,234
Median Earnings
$1,141
Median Rent
$293,900
Median Home Value
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Market

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 - Updated kitchens and baths pair with hardwood floors, high ceilings, and spacious rooms.
Where is this multifamily property located?
The property is located at 409 Halsey St Newark, NJ.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Multifamily property at 409 Halsey St in downtown Newark; Units feature exposed brick, hardwood floors, high ceilings, and large rooms; Updated kitchens and bathrooms
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