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    Newark City Multi-Family Property Title is generated by Realmo AI

    50 9Th Ave, Newark, NJ 07107

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    Claim this Listing
    For Sale
    $775,000

    Multi-Family, 2-Two Story - Newark City, NJ

    Property size:
    3,168 SF
    Lot size:
    0.07 Acres
    Price / SF:
    $244/SF
    Added:
    May 8, 2026
    Days on Market:
    48
    Last Refresh:
    Jun 24 at 12:06 am

    Property Features for 50 9Th Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    6
    Bathrooms
    5
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Dining Room, Kitchen, Laundry, Living Room, Master Bedroom, Utility Room
    Parking
    4
    Parking features
    Driveway
    Basement Y/N
    1
    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
    Hot Water (Heating), Radiant
    Cooling system
    Multi Units

    Building Details

    Year built
    1857
    Number of units
    2
    Building materials
    Vinyl Siding
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

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    Listing Contact
    CARLOS ROBLES

    Listing agent CARLOS ROBLES

    Listing office CENTURY 21 PREFERRED REALTY, INC 1915 MORRIS AVE, Union, NJ

    Listing date May 8, 2026

    MLS# 4026296 Listing URL

    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.

    HighLights

    • Multiple cooling units
    • Five bathrooms
    • Includes a basement
    • Radiant and hot water heating
    • Built in 1857
    • Vinyl siding construction

    Overview

    This multi-family property is located in Newark City, NJ. The property includes two-story duplexes and residential income properties. The lot size is 0.07 acres. The property offers 3,168 square feet of space.

    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
    3,168 SF · lease $25.80/SF/yr · vacancy 5.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $772.4K
    $675.8K – $901.1K (±1% cap)
    NOI $54,067 @ 7.0% cap · market cap 6.98%
    Second Best
    Apartment 5plus
    $693.8K
    $607.0K – $809.4K (±1% cap)
    NOI $48,563 @ 7.0% cap · market cap 6.27%
    Theoretical Best
    Office A
    $1.24M
    $1.08M – $1.45M (±1% cap)
    NOI $86,753 @ 7.0% cap · market cap 11.19%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Blackgirlmagiktrinkets Home Decor Store

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    Essex
    State
    New Jersey
    Longitude
    -74.1949654
    Latitude
    40.7516135

    FAQs

    What type of property is this?
    Duplex - Multi-family property in Newark City, NJ, with 3,168 square feet.
    Where is this duplex located?
    The property is located at 50 9Th Ave Newark, NJ.
    What is the asking price?
    The asking price for this property is $775,000.
    What are key features of this property?
    This property features: Multiple cooling units; Five bathrooms; Includes a basement
    More about this property
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