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New Construction Apartment Buildings
For Sale
$975,000
Pending

674-676 S 18Th St, Newark, NJ 07103

Multi-Family, 3-Three Story, Newark City, NJ

Property Size5,003 SF
Lot Size0.07 Acres
Days on Market149

Property Features for 674-676 S 18Th St

General Information

Property type Residential Multi Family
Property subtype Other
Property condition Under Construction
Bedrooms 9
Bathrooms 6
Full bathrooms 6
Rooms Bedroom 7, Bedroom 5, Bedroom 3, Bedroom 1, Bedroom 9, Bathroom 6, Bathroom 4, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 2, Bedroom 6, Bathroom 5, Bedroom 8, Bedroom 4
Interior features Carbon Monoxide Detector, Fire Alarm Sys, Smoke Detector, Walk-In Closet, Wood Floors
Directions Turn on Springfield Ave to S. 18th St. Property on the right.
Standard status Pending
Size 5,003 SF
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 2199

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 2026
Floors in Building 3
Number of units 3
Roof type Flat
Architectural style Other
Listing Agency: FLOROSTONE REALTY INC.
Listed By: GRISELA FLORES · License #277033
Added: Apr 3 Changed: Aug 29 Last Checked: Aug 29 at 7:06PM
MLS# 4019026

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.

This under-construction apartment property comprises two attached 3-family homes totaling 5,003 square feet on a 0.07-acre lot. The planned 2026 construction includes three-bedroom, two-bathroom units with open living and dining areas, hardwood floors, ceramic-tiled bathrooms, walk-in closets in primary bedrooms, and in-unit laundry hookups. Each residence will also include new stainless steel appliances, while second-floor units are designed with private terraces. Forced-air heating, central air, public water, and public sewer are specified for the property.

Separate utilities are planned for the homes, and a 5-year tax abatement is identified as part of the property’s operating structure. Construction is currently underway, with completion expected by June 1st. Depending on the construction stage, purchasers may have an opportunity to select certain countertops, cabinetry, and fixtures. The property is described as being near major highways, public transportation, and local amenities.

Key Highlights

  • Two attached 3‑family homes under construction
  • 5,003 square feet on a 0.07‑acre lot
  • Each unit includes 3 bedrooms and 2 full bathrooms

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Gym & Fitness Center Skin Care Clinic Carpet & Flooring Store

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

6
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,414
Businesses Nearby

Demographics for 07103, NJ

39,439
Population
13,832
Households
2.9
Avg Household Size
30
Median Age
21%
College-Educated
81%
High-School Grad
2.2 sq mi
ZIP Area
17,927
Density / Sq Mi
$42,397
Median Household Income
$34,278
Median Earnings
$1,289
Median Rent
$259,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Two attached multifamily structures are under construction, with three-bedroom units, separate utilities, and planned completion by June 1st.
Where is this apartment building located?
The property is located at 674-676 S 18Th St Newark, NJ.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Two attached 3‑family homes under construction; 5,003 square feet on a 0.07‑acre lot; Each unit includes 3 bedrooms and 2 full bathrooms
More about this property
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