Building Details

Year Built 2024

Listing Agency: Merchan Team Real Estate

Listed By: Wilson F. Merchan Show Phone

Source: Compass

Added: Mar 13 Changed: Aug 8 Last Checked: Jul 24 at 2:01PM

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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 Merchan Team Real Estate

Investment Insights

Based on property information with market context.

A multifamily property is available for sale in Newark, New Jersey. The property is located at 420 18th Avenue, Newark, NJ 07103 and is listed for $999900. The property is classified as a residential income property and other multifamily property.

Key Highlights

• Multifamily property - Ideal for investors or extended families.
• 6 Bedrooms - Provides ample living space.
• 5 Full Bathrooms - Convenient for multiple occupants.

Property Analytics

Property Profile

Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Gym & Fitness Center Acupuncture (Bike/Boat/Book/etc) Store

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

1,445

Businesses Nearby

Explore this area Business Placement

Demographics for 07103, NJ

39,439

Population

13,832

Households

2.9

Avg Household Size

30

Median Age

21%

College-Educated

81%

High-School Grad

2.2 sq mi

ZIP Area

17,927

Density / Sq Mi

$42,397

Median Household Income

$34,278

Median Earnings

$1,289

Median Rent

$259,300

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this multifamily properties located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Multifamily property - Multifamily property available in Newark, New Jersey.

Where is this multifamily property located?

The property is located at 420 18th Avenue Newark, NJ.

What is the asking price?

The asking price for this property is $899,999.

What are key features of this property?

This property features: Multifamily property - Ideal for investors or extended families.; 6 Bedrooms - Provides ample living space.; 5 Full Bathrooms - Convenient for multiple occupants.