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Renovated Residential Income Property

56 Smith, Newark, NJ 07106

For Sale
New
Contact for pricing

A three-bedroom apartment offers natural-gas service and access to public water.

Property SizeContact for details
Days on Market2

Property Features for 56 Smith

General Information

Standard status Active
Property subtype Multi-Family

Site & Location

Neighborhood Lower Vailsburg

Additional Details

Multifamily Units 1

Amenities

See Remarks
Gas-Natural
3
City/Town Street
Public Water
54x100
0.12
Sidewalk

Building Details

Year Built 1956
Listing Agency:
Listed By: Reisha Baker
Source: Skyrealtyintl
Added: Nov 8 Last Checked: Nov 9 at 7:49AM

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 Reisha Baker

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Investment Insights

Based on property information with market context.

This residential income property includes a renovated, spacious three-bedroom apartment. Natural-gas service is present, and the property is served by public water.

The site measures 54 by 100 feet, totaling 0.12 acres. A sidewalk and city street access are noted. The building dates to 1956.

Key Highlights

  • Renovated three‑bedroom apartment
  • 0.12‑acre site measuring 54x100 feet
  • Public water and natural‑gas service

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

1,431
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
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 - A three-bedroom apartment offers natural-gas service and access to public water.
Where is this residential income property located?
The property is located at 56 Smith Newark, NJ.
What are key features of this property?
This property features: Renovated three‑bedroom apartment; 0.12‑acre site measuring 54x100 feet; Public water and natural‑gas service
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