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Updated Four-Unit Quadplex
For Sale
$1,099,000

9 Patten Pl, Newark, NJ 07112

Tenant-occupied property with refreshed interiors, separate utilities, and on-site parking options.

Property SizeContact for details
Days on Market27

Property Features for 9 Patten Pl

General Information

Standard status Active
Property subtype Residential Income
Occupancy 100%

Site & Location

Highway Access Yes
Public Transit Yes

Units

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

Taxes and HOA fees

Annual Taxes $15,752
Listing Agency: Nationwide Homes Realty
Listed By: Moataz Ghounem · License #REB.0788468
Source: Exprealty
Added: Aug 3 Changed: Aug 20 Last Checked: Aug 28 at 4:44PM

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

An unfinished basement with high ceilings provides additional space within the building. Exterior parking includes a long concrete driveway, a rear parking lot, and garage spaces. The property is near schools, playgrounds, shops, public transportation, and major highways, providing access to a range of everyday services and transportation options.

Key Highlights

  • 4‑unit quadplex with three 2 bedroom/1 bath apartments and one 3 bedroom/1 bath apartment
  • All units are currently tenant‑occupied
  • Updated kitchens feature 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
Yes
Highway access

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
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Tenant-occupied property with refreshed interiors, separate utilities, and on-site parking options.
Where is this quadplex located?
The property is located at 9 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: 4‑unit quadplex with three 2 bedroom/1 bath apartments and one 3 bedroom/1 bath apartment; All units are currently tenant‑occupied; Updated kitchens feature white cabinetry, subway tile, and stainless steel appliances
More about this property
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