Building Details

Year Built 1900

Listing Agency: Middlesex a***@kw.com Show Phone

Listed By: Aneesah Jackson Show Phone

Source: Kw

Added: Jan 24 Changed: Aug 27 Last Checked: Aug 31 at 1:24AM

Report an Issue

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 Middlesex

Investment Insights

Based on property information with market context.

Located in Newark City, this multifamily property is available for rent. The property is suitable for residential income purposes.

Key Highlights

• Multifamily property - potential for rental income
• Gas range/oven included
• Refrigerator included

Property Analytics

Property Profile

Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm (Bike/Boat/Book/etc) Store Computer & Electronic Repair Carpet & Flooring Store Veterinary Clinic Tanning Salon

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

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

2,419

Businesses Nearby

Explore this area Business Placement

Demographics for 07107, NJ

41,627

Population

16,084

Households

2.6

Avg Household Size

33

Median Age

13%

College-Educated

77%

High-School Grad

1.6 sq mi

ZIP Area

26,017

Density / Sq Mi

$49,892

Median Household Income

$35,700

Median Earnings

$1,259

Median Rent

$353,300

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 lease rate? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

Similar For Rent Nearby

Retail or Office Storefront Space

448 S Orange Ave, Newark, NJ 07103

$1,500/Mo

700 sqft

View details

Adjoining Retail-Office Units

125 Bloomfield Ave, Newark, NJ 07104

$3,200/Mo

1,600 sqft

View details

Prime Office Space Near Penn

48 Commerce St, Newark, NJ 07102

$3,500/Mo

4,400 sqft

View details

Versatile Storefront Space

340 S 10Th St, Newark, NJ 07103

$2,000/Mo

900 sqft

View details

Renovated Downtown Office Suite

972 Broad #Floor 3, Newark, NJ 07102

$9,500/Mo

1,920 sqft

View details

Prime Retail Space Near Ferry

58 Union #STORE FRONT, Newark, NJ 07105

$5,000/Mo

1,461 sqft

View details

Warehouse with Office/Storage Space

813 Frelinghuysen Ave, Newark, NJ 07114

$7,500/Mo

6,600 sqft

View details

Versatile Open-Plan Commercial Space

63 Victoria Ave, Newark, NJ 07104

$1,800/Mo

2,000 sqft

View details

Adaptable Space on Central Avenue

415 Central Ave, Newark, NJ 07107

$3,750/Mo

6,000 sqft

View details

Renovated Office Space For Lease

654 Mount Prospect Ave, Newark, NJ 07104

$4,000/Mo

1,500 sqft

View details

Downtown Newark Office/Retail Space

111 Mulberry Street, Newark, NJ 07102

$2,850/Mo

83,740 sqft

View details

Newark Office Space For Rent

84 Magazine St, Newark, NJ 07105

$3,600/Mo

1,100 sqft

View details

Frequently Asked Questions

What type of property is this?

Multifamily property - Multifamily property available for rent in Newark City.

Where is this multifamily property located?

The property is located at 5 N 7Th St Newark Newark, NJ.

What is the lease rate?

The lease rate is $2,100/Mo.

What are key features of this property?

This property features: Multifamily property - potential for rental income; Gas range/oven included; Refrigerator included