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Legal Four-Family Investment
For Sale
$965,000

86 Pacific Street, Newark, NJ 07105

Legal four-family with separate utilities, spacious rooms, and two units vacant at closing.

Property SizeContact for details
Days on Market202

Property Features for 86 Pacific Street

General Information

Standard status Active
Property subtype Multi Family

Taxes and HOA fees

Annual Taxes $10,993

Amenities

8
5
5.0
16
Finished-Partially, Walkout
Vinyl Siding

Building Details

Year Built 1900
Listing Agency: Keller Williams Realty - NJ Metro Group
Listed By: Brendan Dasilva · License #1753996
Source: Compass
Added: Feb 17 Changed: Aug 8 Last Checked: Jul 22 at 11:07AM

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 Keller Williams Realty - NJ Metro Group

Investment Insights

Based on property information with market context.

This is a legal four-family property offering spacious rooms and separate utilities for the individual units. The current configuration includes two units vacant at closing, creating flexibility for an owner-occupant or investor.

The property also features off-street parking. With multiple units in place and separate utilities already built in, the building supports multiple living and rental arrangements from a single address.

Two units are expected to be available at closing, giving buyers immediate options to begin occupancy or update plans right away while retaining the remaining units as part of the overall four-family setup.

Key Highlights

  • Legal four‑family with 8 bedrooms and 5 full baths (16 total rooms)
  • Finished, partially finished walkout basement
  • Separate utilities for the four units

Property Analytics

Current Use

TESLAS ELECTRIC Electrical Service

Suggested Use

Top Pick Nursing Home (Bike/Boat/Book/etc) Store Buffet Tanning Salon 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

3,882
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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Legal four-family with separate utilities, spacious rooms, and two units vacant at closing.
Where is this quadplex located?
The property is located at 86 Pacific Street Newark, NJ.
What is the asking price?
The asking price for this property is $965,000.
What are key features of this property?
This property features: Legal four‑family with 8 bedrooms and 5 full baths (16 total rooms); Finished, partially finished walkout basement; Separate utilities for the four units
More about this property
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