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Residential Income Property
For Sale
$750,000
Pending

68 Congress Street, Newark, NJ 07105

For sale multifamily/residential income property located at 68 Congress Street in Newark, NJ.

Property SizeContact for details
Days on Market32

Property Features for 68 Congress Street

General Information

Standard status Pending
Property subtype 2-4 Family

Taxes and HOA fees

Annual Taxes $8,125

Amenities

6
2
2.1
1
14
3
Full, partial finished
Listing Agency: Century 21 Venture Real Estate-Kearny
Listed By: Rosa Branco
Source: Compass
Added: Jul 13 Changed: Aug 10 Last Checked: Aug 8 at 11:43AM

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 Century 21 Venture Real Estate-Kearny

Investment Insights

Based on property information with market context.

This residential income property is offered for sale as a multifamily asset under the listing classification provided.

The property is located at 68 Congress Street in Newark, New Jersey 07105.

Further details on building configuration, unit mix, or condition were not included in the provided information.

Key Highlights

  • Multifamily/residential income property at 68 Congress Street in Newark, NJ
  • 6 bedrooms and 14 total rooms
  • 3 total baths with 2 full baths and 1 partial bath

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Veterinary Clinic Nursing Home (Bike/Boat/Book/etc) Store Buffet Locksmith Clothing & Fashion 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.

Location Intelligence

Trade Area within ½ mile

5,291
Businesses Nearby

Demographics for 07105, NJ

50,870
Population
20,608
Households
2.5
Avg Household Size
35
Median Age
15%
College-Educated
70%
High-School Grad
4.6 sq mi
ZIP Area
11,059
Density / Sq Mi
$55,752
Median Household Income
$33,175
Median Earnings
$1,600
Median Rent
$445,900
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?
Multifamily property - For sale multifamily/residential income property located at 68 Congress Street in Newark, NJ.
Where is this multifamily property located?
The property is located at 68 Congress Street Newark, NJ.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Multifamily/residential income property at 68 Congress Street in Newark, NJ; 6 bedrooms and 14 total rooms; 3 total baths with 2 full baths and 1 partial bath
More about this property
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