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Multifamily Property with Parking

418 Walnut St, Newark, NJ 07105

For Sale
New
Contact for pricing

The first-floor residence has central air and heat, hardwood flooring, and an eat-in kitchen.

Property SizeContact for details
Days on Market2

Property Features for 418 Walnut St

General Information

Standard status Active
Property subtype Multi-Family
Zoning R-3

Site & Location

Neighborhood South Ironbound
Public Transit Yes

Additional Details

Average Monthly Rent $2,200
Multifamily Units 1

Amenities

central air and heat
hardwood floors
high ceilings
included parking
Finished-Partially
First
2
Hookup Available
Bathroom
City/Town Street
Level Lot
Public Water
25X100.6
0.06
Sidewalk

Building Details

Year Built 1900
Listing Agency: COLDWELL BANKER REALTY
Listed By: Andrea Lew
Source: Skyrealtyintl
Added: Nov 8 Last Checked: Nov 9 at 8:08AM

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 COLDWELL BANKER REALTY

Rey
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Investment Insights

Based on property information with market context.

The property includes a first-floor apartment with 2 bedrooms, 1 full bathroom, a living room, and an eat-in kitchen. Hardwood floors, high ceilings, natural light, and architectural details shape the interior. Central air and heat are provided, and parking is included. The property was built in 1900 and is zoned R-3.

At 418 Walnut Street in Newark’s Ironbound neighborhood, the property is near Newark Penn Station, major highways, public transportation, Independence Park, shopping, and local restaurants. The lot measures 25 by 100.6 feet, with a reported area of 0.06 acres.

Key Highlights

  • First‑floor apartment with 2 bedrooms and 1 full bathroom
  • Included parking, central air, and heat
  • Eat‑in kitchen, living room, hardwood floors, and high ceilings

Property Analytics

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Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

3,615
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
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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 - The first-floor residence has central air and heat, hardwood flooring, and an eat-in kitchen.
Where is this multifamily property located?
The property is located at 418 Walnut St Newark, NJ.
What are key features of this property?
This property features: First‑floor apartment with 2 bedrooms and 1 full bathroom; Included parking, central air, and heat; Eat‑in kitchen, living room, hardwood floors, and high ceilings
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