Penny Lane Realtors
The median home value in Newark, NJ is $430,000.
This is
lower than
the county median home value of $450,000.
The national median home value is $308,980.
The average price of homes sold in Newark, NJ is $430,000.
Approximately 21% of Newark homes are owned,
compared to 67% rented, while
12% are vacant.
Newark real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Newark real estate agent to arrange a tour today!
Learn more about Newark.
6 Family home with parkling for approx 8 cars. Solid all-brick building fully rented in good condition. Great investment opportunity. Features 5-3 bedroom 1 bath apartments and 1-2-bedroom 1 bath apartment. All have eat-in-kitchens & living room. 2 coin-operated washer/dryers for added income. Roof is approx 10 years old. Landlord provides heat for 3 units, 3 units have separate heat/central ac. Each tenant pays own hot water, cooking gas & electric. 5 apts have leases expiring July 31, 2024. Rent amounts: 1R-$1,163 1L-$1,417 - 2R-$1,560 - 2L-$1,417 - 3R $1,184 (m/m)- 3L-$1,388. Gross Income: $97,588 yearly - Laundry Income: Between $1,200 - Expenses: $7,000 (heat and electricity) Water: $4,700 Insurance: $6,445 yearly Maintenance: $2,040 (garbage and snow removal). Exterminator: $1,200 yearly - Boiler Worry free program - $1440 Year. Total Expense $35K Approx Net $64K.
Location location Location! Calling all entrepreneurs and investors. Do you want to be your own boss? Grab this business opportunity by the horns and make 2024 your year. This Nail salon has a large clientele base and hundreds of thousands of vehicle traffic per day. Ideally located in route 21 plaza; offers your business unlimited potential. Currently generating $7,000 - 10,000 per week! Featuring 10 workstations 6 pedicure chairs with aqua massage Waiting area Security system 14 executive comfort chairs Services offered Acrylic, crystal, manicure, LCN Gel, hand design , gel gloss, clear tip, eyelash, UV Gel Manicure, waxing.
BUILDING FOR SALE LOWER NORTH NEWARK SECTION 12 APARTMENTS , 12- 2 BEDROOMS , LIVING ROOM KITCHEN BATHROOM . BUILDING RENOVATED 2012 AND 4 OUT OF 12 RENOVATED 2023. FLOATING AND CERAMIC FLOORS . ALL SEPERATE UTILITIES ALL UNITS WITH CENTRAL AC/HEAT 13 GAS METERS . 13 ELECTRIC METERS STOVE DISHWASHER INCLUDED . FULL FINISHED BASEMENT WITH UTILITY ROOM AND USED FOR STORAGE FLAT RUBBER ROOF, SPRINKLER SYSTEM SURVELLIANCE CAMARAS BRICK BUILDING ALL AROUND REAR YARD CONCRETE FLOOR NEAR ROUTE 21 AND BROAD ST LIGHT RAIL STATION MONTHLY GROSS INCOME $ 17,966.30
Prime Location in North side of Newark with 3 store front and over 5500 sqft. One story building with parking with 3 active businesses. Businesses are 1 grocery store, 1 flowers/gift shop & Nutrition/ restaurant.
