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Quadplex with Full Basement
New
For Sale
$800,000
Pending

431 Kerrigan Blvd, Newark, NJ 07106

Residential layout includes one- and two-bedroom units across two floors.

Property Size6,300 SF
Days on Market7

Property Features for 431 Kerrigan Blvd

General Information

Standard status Pending
Size 6,300 SF
Property subtype Multi Family

Site & Location

Highway Access Yes
Public Transit Yes

Units

Unit Mix 2 x 1BR, 2 x 2BR
Multifamily Units 4

Taxes and HOA fees

Annual Taxes $10,277

Building Details

Year Built 1930
Units 4
Listing Agency: COLDWELL BANKER REALTY
Listed By: MARVIN WILLIAMS · License #287230
Source: Elliman
Added: Aug 25 Changed: Aug 29 Last Checked: Aug 30 at 2:57PM

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

Investment Insights

Based on property information with market context.

This four-unit residential property contains approximately 6,300 sq. ft. in a two-floor configuration. The first-floor apartments are arranged as one-bedroom units, while the second-floor apartments each offer two bedrooms, creating a current layout of 6 bedrooms and 4 bathrooms. The spacious first-floor plans are identified as capable of accommodating an additional bedroom each, subject to applicable requirements.

Interior features include hardwood flooring throughout, along with newer roofing, furnace, and windows. A full-size basement with standing height is partially finished and provides additional interior space. Built in 1930, the property is located at 431 Kerrigan Blvd in Newark, NJ. The NYC express 107 bus is within walking distance, the NYC train station is a 5 minute drive, and Newark Liberty Airport is 15 minutes away. Major highways and shopping malls are also nearby.

Key Highlights

  • Approximately 6,300 sq. ft. four‑unit quadplex
  • Current configuration includes 6 Brs and 4 Bths
  • First‑floor units are 1 Br; second‑floor units are 2 Brs

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Skin Care Clinic Bar & Pub Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,050
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
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Residential layout includes one- and two-bedroom units across two floors.
Where is this quadplex located?
The property is located at 431 Kerrigan Blvd Newark, NJ.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Approximately 6,300 sq. ft. four‑unit quadplex; Current configuration includes 6 Brs and 4 Bths; First‑floor units are 1 Br; second‑floor units are 2 Brs
More about this property
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