Multi–family Homes in Newark

Unlock property data on 1,109 multi–family homes in Newark. Search through Newark property records and access full owner contact information to find off-market properties likely to sell, refinance, or renovate. Find recent buyers and sellers.

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Popular searches around Newark

Reonomy attracts a large community of Newark commercial real estate professionals, including brokers, investors, roofers, contractors, appraisers, insurance providers, and more—many of which specialize in multi–family homes.

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Newark multi-family home sold prices and values

Values and sold prices (last 24 months) United States Delaware Newark
Average price/sqft $1,721 $3,486 $2,495
Average sold price $1,569,780 $482,581 $863,247
Median sold price $238,323 $169,900 $283,500
Number of sales 372,286 1,523 75
Number of sales over $250k 181,079 373 53
Number of sales over $1m 53,140 57 22
Number of sales over $10m 8,960 22 --
Average total tax amount $31,752 $2,950 $9,046
Average assessed value $759,208 $99,547 $299,058
Average market value $1,206,689 $101,109 $299,058

Newark multi-family home property averages

Property averages United States Delaware Newark
Average lot size 90,153 sf 20,113 sf 45,818 sf
Median lot size 6,976 sf 3,484 sf 6,098 sf
Average building area 861 sf 104 sf 115 sf
Median building area 64 sf 82 sf 90 sf
Median year built 1949 1940 1984
Average number of units 16 2 3
Median number of units 2 2 2

Newark multi-family home total supply

Supply United States Delaware Newark
Number of parcels 4,398,050 30,107 1,111
Aggregate lot acerage 144,043,486 6,306 1,119
Aggregate building area 1,752,289,195 sf 996,207 sf 67,001 sf
Aggregate units 49,735,915 29,120 2,525

Newark multi-family home industrial mortgages

Debt United States Delaware Newark
Number of mortgages 10,841,394 52,708 3,633
Average value of mortgages $1,416,212 $947,566 $2,975,580

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