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19-Unit Apartment Building

486 Market St, Newark, NJ 07105

For Sale
New
Contact for pricing

Residents have access to in-building laundry, a basement game room, and a communal rooftop terrace.

Property SizeContact for details
Days on Market2

Property Features for 486 Market St

General Information

Standard status Active
Property subtype Multi-Family

Site & Location

Neighborhood Ironbound
Public Transit Yes

Additional Details

Multifamily Units 19

Amenities

on-site laundry
resident game room
shared rooftop terrace
private balconies
private terraces
Carpeting,Laminate
1
In Building
Public Water
25X79.3
0.05

Building Details

Year Built 2024
Buildings 1
Listing Agency: ROSA AGENCY
Listed By: Justin Robinson
Source: Skyrealtyintl
Added: Nov 8 Last Checked: Nov 9 at 7:38AM

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 ROSA AGENCY

Rey
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Investment Insights

Based on property information with market context.

Completed in 2024, this Newark apartment property contains 19 residences with open-plan interiors and contemporary finishes. Duplex layouts are available on the ground floor and fifth floor; select apartments have balconies, while the upper-floor duplexes include private terraces. Shared building amenities include laundry facilities, a basement game room, and a rooftop terrace.

The property is at 486 Market St in Newark’s Ironbound section, with Newark Penn Station, the Harrison PATH train, Red Bull Arena, shops, and dining described as minutes away.

Key Highlights

  • 19 apartments in a building completed in 2024
  • Ground‑floor duplexes and fifth‑floor duplexes with private terraces
  • Select apartments include private balconies

Property Analytics

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Lease Details

19
Residential units

Location Intelligence

Trade Area within ½ mile

4,286
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
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Market

Average Price Trend$/SF for Residential income properties in Newark, NJ

$331 Jul
$268 Aug
$243 Sep
$236 Oct

Properties on Market for Residential income properties in Newark

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Residential income property - Residents have access to in-building laundry, a basement game room, and a communal rooftop terrace.
Where is this residential income property located?
The property is located at 486 Market St Newark, NJ.
What are key features of this property?
This property features: 19 apartments in a building completed in 2024; Ground‑floor duplexes and fifth‑floor duplexes with private terraces; Select apartments include private balconies
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