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Vacant Multifamily Property
For Sale
$539,000

90 Pennsylvania Ave, Newark, NJ 07114

The 1910-built property is delivered vacant and requires renovation before occupancy.

Property SizeContact for details
Days on Market87

Property Features for 90 Pennsylvania Ave

General Information

Standard status Active
Property subtype Multi-Family

Property Condition

Severity Repairs Needed
Evidence requires TLC

Site & Location

Neighborhood South Ironbound

Building Details

Year Built 1910
Listing Agency: WEICHERT RLTRS TEN-CRESKL
Listed By: JOHN T. BOWE JR
Source: Goldstandardrealty
Added: Jul 31 Changed: Oct 11 Last Checked: Oct 7 at 1:39PM

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 WEICHERT RLTRS TEN-CRESKL

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Investment Insights

Based on property information with market context.

Built in 1910, this multifamily property is currently fully vacant and requires TLC. The sale is offered in as-is condition, providing a renovation-focused project for an investor or owner prepared to complete the necessary work.

Financing is limited to cash, 203(k), or construction loan programs; standard financing will not qualify. The buyer must obtain the Certificate of Continued Occupancy and complete all required municipal inspections, certifications, and permits.

Key Highlights

  • Fully vacant multifamily property
  • Built in 1910
  • Sold in as‑is condition and requires TLC

Property Analytics

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Location Intelligence

Trade Area within ½ mile

1,907
Businesses Nearby

Demographics for 07114, NJ

17,767
Population
4,694
Households
3.8
Avg Household Size
39
Median Age
9%
College-Educated
69%
High-School Grad
7.9 sq mi
ZIP Area
2,249
Density / Sq Mi
$34,167
Median Household Income
$35,916
Median Earnings
$616
Median Rent
$384,700
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 - The 1910-built property is delivered vacant and requires renovation before occupancy.
Where is this multifamily property located?
The property is located at 90 Pennsylvania Ave Newark, NJ.
What is the asking price?
The asking price for this property is $539,000.
What are key features of this property?
This property features: Fully vacant multifamily property; Built in 1910; Sold in as‑is condition and requires TLC
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