50 9Th Ave Newark, NJ 07107
MULTI_FAMILY - Newark City, NJ
Property Features for 50 9Th Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 5
- Rooms
- Bedroom 1, Bedroom 3, Bedroom 4, Bathroom 3, Bedroom 2, Bathroom 5, Bathroom 2, Bathroom 4, Bedroom 5, Bedroom 6, Bathroom 1, Basement
- Parking
- 4
- Standard status
- Active
- Size
- 3,168 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 8569
Utilities
- Heating system
- Radiant, Hot Water(Heating)
- Water source
- Public
Building Details
- Year built
- 1857
- Floors in Building
- 2
- Number of units
- 2
- Roof type
- Shingle
- Architectural style
- Other
Listing agent CARLOS ROBLES (973) 809-7045
Listing office CENTURY 21 PREFERRED REALTY, INC 1915 MORRIS AVE, Union, NJ (908) 688-3311
Listing date May 8, 2026
Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The property is located at 50 9th Ave in Newark City, Essex County, NJ 07107-1520. The listing provides the key location and jurisdiction details but does not specify additional on-site amenities, unit mix, or condition information.
From a buyer’s perspective, this duplex format can support residential income use in a smaller lot setting. Since the listing does not include further details on interiors, utilities, parking, or rent roll specifics, prospective buyers and their agents should confirm unit configuration and operational considerations during due diligence.
Key Highlights
- 6 bedrooms and 5 bathrooms plus a basement
- Built in 1857
- Heating includes radiant heat and hot water (heating)
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $81.7k | $25.80 |
| − Vacancy | −$4.5k | −$1.42 |
| EGI | $77.2k | $24.38 |
| − OpEx | −$23.2k | −$7.31 |
| NOI | $54.1k | $17.07 |
