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Tenant-Occupied Quadplex
New
For Sale
$1,099,000

79 Patten Pl, Newark, NJ 07112

Four occupied apartments feature updated interiors, separate utilities, and driveway, rear-lot, and garage parking.

Property SizeContact for details
Days on Market7

Property Features for 79 Patten Pl

General Information

Standard status Active
Property subtype Multi Family
Occupancy 100%

Units

Unit Mix 3 x 2BR/1BA, 1 x 3BR/1BA
Multifamily Units 4

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $15,752

Building Details

Units 4
Listing Agency: Nationwide Homes Realty
Listed By: HILLEL WEINBERGER · License #403445
Source: Elliman
Added: Aug 5 Changed: Aug 6 Last Checked: Aug 10 at 5:24AM

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 Nationwide Homes Realty

Investment Insights

Based on property information with market context.

This quadplex contains four apartments: three two-bedroom, one-bath units and one three-bedroom, one-bath unit. All apartments are tenant-occupied. Interior improvements include wood-look flooring, fresh paint, updated bathrooms, and kitchens with white cabinetry, subway tile, and stainless steel appliances. Utilities are separate, with forced-air heating and individual hot water heaters serving the property.

An unfinished basement with high ceilings adds substantial ancillary space. A long concrete driveway extends to a rear parking area, and garage spaces provide additional parking. The property is located at 79 Patten Pl in Newark, near schools, playgrounds, shops, public transportation, and major highways. Walk Score is 80, Transit Score is 59, and bike score is 41.

Key Highlights

  • Four‑unit configuration with three 2‑bedroom/1‑bath apartments and one 3‑bedroom/1‑bath apartment
  • All units are currently tenant‑occupied
  • Updated bathrooms and kitchens with white cabinetry, subway tile, and stainless steel appliances

Property Analytics

Current Use

Quadplexes

Suggested Use

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

Lease Details

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,926
Businesses Nearby

Demographics for 07112, NJ

29,773
Population
11,779
Households
2.5
Avg Household Size
34
Median Age
18%
College-Educated
86%
High-School Grad
1.4 sq mi
ZIP Area
21,266
Density / Sq Mi
$55,171
Median Household Income
$35,709
Median Earnings
$1,334
Median Rent
$306,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Quadplex - Four occupied apartments feature updated interiors, separate utilities, and driveway, rear-lot, and garage parking.
Where is this quadplex located?
The property is located at 79 Patten Pl Newark, NJ.
What is the asking price?
The asking price for this property is $1,099,000.
What are key features of this property?
This property features: Four‑unit configuration with three 2‑bedroom/1‑bath apartments and one 3‑bedroom/1‑bath apartment; All units are currently tenant‑occupied; Updated bathrooms and kitchens with white cabinetry, subway tile, and stainless steel appliances
More about this property
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