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Spacious Multifamily Property in Newark
For Sale
$824,000

96 N 5th Street, Newark, NJ 07107

Multifamily property with 7 bedrooms and 4 bathrooms in Newark.

Property SizeContact for details
Days on Market195

Property Features for 96 N 5th Street

General Information

Standard status Active
Property subtype Multi-Family

Amenities

Electricity Connected, Natural Gas Connected, Sep Heat, Water Connected
Listing Agency: Keller Williams Realty - NJ Metro Group
Listed By: Brendan DaSilva · License #1753996
Source: Kw
Added: Feb 24 Changed: Sep 6 Last Checked: Sep 5 at 7:12PM

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.

Located in Newark, the multifamily property at 96 N 5th Street features a total of 7 bedrooms and 4 full bathrooms. The property offers an opportunity for owner-occupants and investors. The well-maintained property includes generously sized living areas, functional layouts, and abundant natural light throughout each unit. The home is designed for comfortable living and flexible use, providing ample bedroom space suitable for various living arrangements. Its location offers proximity to public transportation, major highways, shopping, dining, schools, and local amenities. This property has rental potential and everyday accessibility.

Key Highlights

  • Multifamily property featuring 7 bedrooms and 4 full bathrooms, perfect for owner‑occupants or investors.
  • Conveniently located near public transportation, major highways, shopping, dining, schools, and local amenities.
  • Strong rental potential and income‑producing possibilities.

Property Analytics

Current Use

FOXY WILLIAMS BEAUTY Hair Salon Abby African hair ... Hair Salon

Suggested Use

Top Pick Real Estate Agency Law Firm Computer & Electronic Repair Carpet & Flooring Store (Bike/Boat/Book/etc) Store Veterinary Clinic

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

1,593
Businesses Nearby

Demographics for 07107, NJ

41,627
Population
16,084
Households
2.6
Avg Household Size
33
Median Age
13%
College-Educated
77%
High-School Grad
1.6 sq mi
ZIP Area
26,017
Density / Sq Mi
$49,892
Median Household Income
$35,700
Median Earnings
$1,259
Median Rent
$353,300
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?
Multifamily property - Multifamily property with 7 bedrooms and 4 bathrooms in Newark.
Where is this multifamily property located?
The property is located at 96 N 5th Street Newark, NJ.
What is the asking price?
The asking price for this property is $824,000.
What are key features of this property?
This property features: Multifamily property featuring 7 bedrooms and 4 full bathrooms, perfect for owner‑occupants or investors.; Conveniently located near public transportation, major highways, shopping, dining, schools, and local amenities.; Strong rental potential and income‑producing possibilities.
More about this property
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