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16-Unit Apartment Building
For Sale
Contact for pricing
Pending

9-11 Clark St, Newark, NJ 07104

Built in 2023 with elevator access, a fitness room, and separate utility systems for each apartment.

Property SizeContact for details
Days on Market142

Property Features for 9-11 Clark St

General Information

Standard status Pending
Total Parking Spaces 8
Elevators Yes
Property subtype Multifamily

Units

Unit Mix 8 x 1BR, 8 x 2BR
Multifamily Units 16

Additional Details

Gross Income $472,000
Public Transit Yes

Amenities

gym

Building Details

Year Built 2023
Listing Agency: Exit Realty Lucky Group
Listed By: Antonio Costa · License #NJ 9481169
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 7:06PM

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 Exit Realty Lucky Group

Investment Insights

Based on property information with market context.

Completed in 2023, this 16-unit apartment property at 9-11 Clark St includes eight one-bedroom residences and eight two-bedroom residences. Each apartment is equipped with a stove, dishwasher, microwave, refrigerator, washer, and dryer. Interior finishes include granite countertops and ceramic backsplashes, while split-unit systems provide heating and cooling. The building also features an elevator, gym, and eight parking spaces.

Separate utilities support apartment-level operating allocation. The property is positioned in Newark’s lower north area near Broad Street light rail and the train station, providing access to local rail transportation. The unit mix, in-building amenities, appliance packages, and parking offer a defined multifamily configuration for residential income ownership.

Key Highlights

  • 16 apartments: 8 one‑bedroom units and 8 two‑bedroom units
  • Built in 2023 at 9‑11 Clark St, Newark, NJ 07104
  • Eight parking spaces included

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Veterinary Clinic Carpet & Flooring Store Tanning Salon Nursing Home Pet Grooming Service (Bike/Boat/Book/etc) 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

16
Residential units

Location Intelligence

Trade Area within ½ mile

1,983
Businesses Nearby

Demographics for 07104, NJ

54,051
Population
21,762
Households
2.5
Avg Household Size
35
Median Age
21%
College-Educated
71%
High-School Grad
2.5 sq mi
ZIP Area
21,620
Density / Sq Mi
$51,199
Median Household Income
$36,139
Median Earnings
$1,343
Median Rent
$337,400
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?
Apartment building - Built in 2023 with elevator access, a fitness room, and separate utility systems for each apartment.
Where is this apartment building located?
The property is located at 9-11 Clark St Newark, NJ.
What are key features of this property?
This property features: 16 apartments: 8 one‑bedroom units and 8 two‑bedroom units; Built in 2023 at 9‑11 Clark St, Newark, NJ 07104; Eight parking spaces included
More about this property
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