Building Details

Year Built 1905

Stories 3

Listing Agency: Weichert Realtors Home City i***@weicherthomeciti.com Show Phone

Listed By: AUGUSTO VERISSIMO · License #9591085 Show Phone

Source: Evrealestate

Added: May 12 Changed: Aug 11 Last Checked: Aug 11 at 6:28AM

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Investment Insights

Based on property information with market context.

This three-story multifamily property was built in 1905 and includes a full unfinished basement. Interior systems feature baseboard and radiant heating, natural gas service, and a gas water heater.

The property is located on Vanderpool St in Newark City, Essex County, with access from Frelinghuysen Ave via Vanderpool.

Key Highlights

• Three‑story multifamily property
• Built in 1905
• Full unfinished basement

Property Analytics

Property Profile

Current Use

HECTOR R PAINTING ... Painting Service

Suggested Use

Top Pick Dental Office Skin Care Clinic Accounting Firm (Bike/Boat/Book/etc) Store Acupuncture Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,554

Businesses Nearby

Explore this area Business Placement

Demographics for 07114, NJ

17,767

Population

4,694

Households

3.8

Avg Household Size

39

Median Age

9%

College-Educated

69%

High-School Grad

7.9 sq mi

ZIP Area

2,249

Density / Sq Mi

$34,167

Median Household Income

$35,916

Median Earnings

$616

Median Rent

$384,700

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

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What type of property is this? Where is this multifamily properties located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Multifamily property - Historic multifamily building with gas-fired systems, radiant heat, and an unfinished full basement.

Where is this multifamily property located?

The property is located at 56 Vanderpool St Newark, NJ.

What is the asking price?

The asking price for this property is $744,900.

What are key features of this property?

This property features: Three‑story multifamily property; Built in 1905; Full unfinished basement