Search
Two-Story Multifamily Property
For Sale
$699,500
Pending

72 Sunset Ave, Newark, NJ 07106

R2-zoned property with central air, natural-gas forced air, and a finished full basement.

Property SizeContact for details
Days on Market76

Property Features for 72 Sunset Ave

General Information

Standard status Pending
Property subtype Multi Family

Site & Location

Neighborhood Lower Vailsburg

Taxes and HOA fees

Annual Taxes $11,081

Building Details

Year Built 1915
Units 2
Listing Agency: RE/MAX First Realty II
Listed By: DARRELL BAILEY · License #292273
Source: Elliman
Added: Aug 11 Changed: Oct 21 Last Checked: Oct 24 at 7:11PM

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 RE/MAX First Realty II

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This two-story multifamily property was built in 1915 and is identified with R2 zoning. Interior features include central air, forced-air heating powered by natural gas, an electric water heater, and a finished full basement.

Exterior features include concrete off-street parking described as oversized and detached. The property is located at 72 Sunset Ave in Newark City, Essex County, with access from South Orange Ave via Sunset Ave.

Key Highlights

  • R2 zoning
  • Two‑story property built in 1915
  • Central air conditioning

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Location Intelligence

Trade Area within ½ mile

1,247
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
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - R2-zoned property with central air, natural-gas forced air, and a finished full basement.
Where is this multifamily property located?
The property is located at 72 Sunset Ave Newark, NJ.
What is the asking price?
The asking price for this property is $699,500.
What are key features of this property?
This property features: R2 zoning; Two‑story property built in 1915; Central air conditioning
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved