96 11th Ave Newark, NJ 07107
MULTI_FAMILY - Newark City, NJ
Property Features for 96 11th Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 9
- Bathrooms
- 6
- Rooms
- Bathroom 4, Bathroom 6, Bathroom 2, Bathroom 1, Bedroom 5, Bedroom 8, Bedroom 7, Bedroom 9, Bathroom 5, Bedroom 2, Bathroom 3, Basement, Bedroom 4, Bedroom 1, Bedroom 3, Bedroom 6
- Exterior features
- FencVnyl
- Fencing
- Fenced
- Standard status
- Pending
- Size
- 3,436 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 14596
Utilities
- Sewer type
- Public Sewer
- Cooling system
- Ceiling Fan(s)
- Water source
- Public
Building Details
- Year built
- 1910
- Floors in Building
- 3
- Number of units
- 3
- Roof type
- Flat
- Architectural style
- Other
Listing agent ROBERT COPPOLA (973) 251-0100
Listing office KELLER WILLIAMS SUBURBAN REALTY 123 W MOUNT PLEASANT AVE ., Livingston, NJ (973) 251-0100
Listing date Apr 7, 2026
Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
A notable feature is the finished basement with a full bath, an open recreational area, a kitchenette, and two private rooms. The basement layout can be used as functional additional space in its current form or potentially incorporated into the first-floor unit to support expanded living, guest space, a home office setup, or other extended arrangements. Each unit has separate utilities, helping simplify day-to-day management.
The third-floor unit is currently vacant, which may appeal to an owner-occupant seeking immediate occupancy while generating income, or to an investor aiming to set rent from day one. The property can be delivered vacant, and it is being sold AS-IS, giving the buyer full control over occupancy and rental strategy.
Key Highlights
- Three‑family property built in 1910 with separate utilities for each unit
- First‑floor unit has 3 bedrooms and 1 full bath
- Second- and third‑floor units each offer 3 bedrooms and 2 full baths
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $101.0k | $29.40 |
| − Vacancy | −$5.3k | −$1.53 |
| EGI | $95.8k | $27.87 |
| − OpEx | −$43.1k | −$12.54 |
| NOI | $52.7k | $15.33 |
