Multi–family Homes in Newark | Reonomy

Multi–family Homes in Newark

Unlock property data on 1,323 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 New Jersey Newark
Average price/sqft -- -- --
Average sold price $935,248 $2,127,579 $1,022,853
Median sold price $120,847 $287,875 $607,000
Number of sales 514,971 3,112 188
Number of sales over $250k 176,143 1,648 133
Number of sales over $1m 48,676 654 53
Number of sales over $10m 7,882 111 --
Average total tax amount $12,620 $42,236 $30,798
Average assessed value $619,272 $1,465,828 $847,361
Average market value $814,900 $1,829,540 $1,021,928

Newark multi-family home property averages

Property averages United States New Jersey Newark
Average lot size 93,368 sf 244,358 sf 78,699 sf
Median lot size 6,962 sf 6,007 sf 4,199 sf
Average building area -- -- --
Median building area -- -- --
Median year built 1949 1950 1920
Average number of units 9 12 7
Median number of units 2 4 4

Newark multi-family home total supply

Supply United States New Jersey Newark
Number of parcels 4,337,209 29,006 1,323
Aggregate lot acerage 10,879,611 208,219 2,187
Aggregate building area -- -- --
Aggregate units 29,033,831 285,034 9,470

Newark multi-family home industrial mortgages

Debt United States New Jersey Newark
Number of mortgages 11,000,597 76,172 3,459
Average value of mortgages $1,626,118 $2,940,647 $2,240,209

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