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Six-Unit Apartment Building
For Sale
$1,100,000

41 Lentz Ave #41, Newark, NJ 07105

The three-story Newark property contains six residences, each with a two-bedroom layout.

Property SizeContact for details
Days on Market115

Property Features for 41 Lentz Ave #41

General Information

Standard status Active
Property subtype Commercial
Zoning R3
Net Operating Income $59,850

Property Condition

Severity Repairs Needed
Evidence fair condition

Site & Location

Neighborhood Ironbound
Highway Access Yes
Public Transit Yes

Units

Unit Mix 6 x 2BR
Multifamily Units 6

Building Details

Year Built 1920
Buildings 1
Stories 3
Units 6
Listing Agency: Exit Realty Lucky Associates
Listed By: Candido Couto
Source: Cammarotarealestate
Added: Jul 3 Changed: Oct 22 Last Checked: Oct 22 at 2:31PM

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

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Investment Insights

Based on property information with market context.

Located in Newark’s Ironbound, this three-story apartment property contains six units, all configured with two bedrooms. Built in 1920, the building is described as being in fair condition and is zoned R3.

Major highways, public transportation, schools, and local amenities are identified as nearby. The property’s six units share the same bedroom configuration.

Key Highlights

  • Six apartments, each with two bedrooms
  • Three‑story building constructed in 1920
  • R3 zoning

Property Analytics

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Lease Details

6
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,079
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Apartment building - The three-story Newark property contains six residences, each with a two-bedroom layout.
Where is this apartment building located?
The property is located at 41 Lentz Ave #41 Newark, NJ.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Six apartments, each with two bedrooms; Three‑story building constructed in 1920; R3 zoning
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