Multifamily

Newark, NJ Multifamily Properties for Sale

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Seven-Bedroom Duplex
Updated: Sep 24
Seven-Bedroom Duplex

257 S 7Th St, Newark, NJ 07103

$925,000
4,000 sqft 0.07 AC lot
Approximately 4,000 square feet on a 0.07‑acre lot
Seven bedrooms and five bathrooms
Multiple kitchens and a wet bar
Laundry facilities serve the floors
Five‑year tax abatement and 30‑year rent control exemption
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14-Bedroom Quadplex with Garages
Updated: Oct 7
14-Bedroom Quadplex with Garages

29 Goodwin Ave, Newark, NJ 07112

$949,000
8,358 sqft 0.14 AC lot
Four apartments with 14 bedrooms and 4 full baths
8,358 square feet on a 0.14‑acre lot
Updated kitchens, bathrooms, and flooring across all units
Separate utilities for the apartments
Two unfinished basements with interior and exterior access
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Two-Unit Victorian Duplex
Two-Unit Victorian Duplex

2 Howell Place, Newark, NJ 07106

$590,000
4,872 sqft 0.11 AC lot

The upper residence spans three levels, while the second unit is arranged on one floor.

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Scored against comparables nationwide. These are worth a look.

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Duplex With Bonus Living Space
Duplex With Bonus Living Space

65 Highland Avenue, Newark, NJ 07104

$699,000
9,999 sqft

Two residential units offer flexible basement and attic areas for additional everyday use.

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Downtown Duplex with Deck
Downtown Duplex with Deck

409 Halsey St, Newark, NJ 07102

$1,050,000
3,600 sqft 0.06 AC lot

Eight bedrooms and four bathrooms offer a substantial residential layout in a downtown Newark setting.

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Mixed-Use Building with Commercial Kitchen
Mixed-Use Building with Commercial Kitchen

52 Holland St, Newark, NJ 07103

$799,000
4,364 sqft 0.06 AC lot

Newly built property combines commercial space with a two-level residence.

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Three-Unit Triplex with Garage
Three-Unit Triplex with Garage

63 S 7Th St, Newark, NJ 07107

$799,000
3,475 sqft 0.06 AC lot

Separate utilities serve the units, and the property includes a detached garage reached by a shared driveway.

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Duplex with Basement Apartment
Duplex with Basement Apartment

64 Fabyan Pl Unit 2, Newark, NJ 07108

$649,999
4,178 sqft

Two-family property with gated off-street parking on a corner lot and flexible residential income potential.

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Renovated Duplex with Finished Basement
Renovated Duplex with Finished Basement

272 N 7Th St, Newark, NJ 07107

$669,900
1,577 sqft 0.06 AC lot

Two-family property offers separate utilities and a vacant first-floor unit at closing.

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3-Unit Triplex with Basement
3-Unit Triplex with Basement

803 S 13Th St, Newark, NJ 07108

$699,999
2,711 sqft 0.07 AC lot

Three bedrooms and one full bathroom are provided in each residence.

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Two-Family Duplex with Balcony
Two-Family Duplex with Balcony

91 S 13th St, Newark, NJ 07107

$750,000
4,560 sqft

Two residential units offer flexible layouts, outdoor balcony access, and a lower-level kitchenette.

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Duplex with Detached Garage
Duplex with Detached Garage

270 Goldsmith Ave, Newark, NJ 07112

$560,000
2,380 sqft 0.07 AC lot

Both residences are tenant occupied under month-to-month terms.

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Two-Story Duplex with Balcony
Two-Story Duplex with Balcony

422 Jelliff Ave, Newark, NJ 07112

$570,000
2,500 sqft 0.06 AC lot

Two residential units offer six bedrooms, three full bathrooms, separate living areas, and an open porch.

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Brick Quadplex with Hardwood Floors
Brick Quadplex with Hardwood Floors

435 Kerrigan Blvd, Newark, NJ 07106

$800,000
6,300 sqft

Four residential units include newer roofing, furnace, and windows, plus a partially finished full-size basement.

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Renovated Two-Family Duplex
Renovated Two-Family Duplex

183 Norman Rd, Newark, NJ 07106

$590,000
3,312 sqft 0.08 AC lot

Two residential units offer separate two-bedroom, one-bath layouts with a renovated first-floor apartment.

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Two-Unit Duplex with Fireplaces
Two-Unit Duplex with Fireplaces

139 Osborne Ter, Newark, NJ 07108

$590,000
4,220 sqft 0.08 AC lot

Separate kitchens and updated baths serve both residences, with hardwood flooring throughout.

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Mixed-Use Property with Restaurant
Mixed-Use Property with Restaurant

72 Elm Rd, Newark, NJ 07105

$2,400,000
10,000 sqft

Ground-floor restaurant and bar space is paired with three residential apartments.

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Two-Unit Duplex with Basement
Two-Unit Duplex with Basement

388 N 6Th St, Newark, NJ 07107

$540,000
1,703 sqft 0.07 AC lot

Two-story residential income property with separate living areas, shared laundry, patio, and public utilities.

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Two-Family Duplex With Eight Bedrooms
Two-Family Duplex With Eight Bedrooms

711 S 11th St, Newark, NJ 07103

$789,999
4,238 sqft 0.07 AC lot

Income-producing residential property with separate family-home layouts and convenient access to transportation, shopping, and schools.

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Updated Two-Unit Duplex
Updated Two-Unit Duplex

132 Court Street, Newark, NJ 07103

$625,000
2,603 sqft 0.04 AC lot

Two distinct apartment layouts provide a mix of two- and three-bedroom living spaces.

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Updated Quadplex with Rear Parking
Updated Quadplex with Rear Parking

16-18 Boylan St, Newark, NJ 07106

$889,000
9,999 sqft

Four residential units feature refreshed interiors, contemporary kitchens, and private parking at the rear.

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Renovated Three-Unit Triplex
Renovated Three-Unit Triplex

209 N 11Th St, Newark, NJ 07107

$750,000
2,666 sqft 0.06 AC lot

Two occupied apartments support current rental operations, while a vacant three-bedroom unit offers owner-occupancy or leasing use.

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Three-Story Mixed-Use Property
Three-Story Mixed-Use Property

200 Ferry St, Newark, NJ 07105

$2,100,000
1 sqft

Multi-level property combines an occupied commercial space with residential apartments and separate utilities.

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Triplex with Full Basement
Triplex with Full Basement

45 Columbia Avenue, Newark, NJ 07106

$699,000
2,998 sqft 0.09 AC lot

A covered porch and basement add useful space to this Newark multifamily property.

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Newark, NJ Multifamily Properties Market Trends and Statistics

Explore 497 multifamily properties for sale in Newark, NJ, showcased through 497 active listings on our real estate platform. These investment opportunities span a total of 665,571 square feet of properties for sale, with an estimated market value of $355,627,586.

Sale prices for multifamily properties in Newark, NJ start at $260,000, averaging $792,043, and reaching up to $3,480,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 278
Triplexes 169
Apartment buildings 48
Quadplexes 30
Short term rental properties 2

Demographics Overview

Population 307K
Population Growth (5Y) +8.9%
Median Household Income $47,918
College Educated 9.5%

High-Yield Neighborhoods for Investment

Identify Newark submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
07103 $718.5K
07112 $719K
07108 $723.5K
07106 $725.9K
07107 $758.9K

Taxes & Financing

Tax Rate (average for all types) 3.63%
Property Tax per SF $23.25 per SF
Tax Rate vs County Average 0.60 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Essex County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale Residential Income pricing trends in Essex County

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Newark fall within the 50,000 to 100,000 square foot range.

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