$10,000 Closing Credit¹
#25000597, Peter Boutros, Listing Office: EXP Realty, LLC
$788,000 List price
63 Davenport Ave Newark, NJ 07107
$9,358
Closing credit¹
10 beds
5 full
Multi-Family
Property details
About 63 Davenport Ave
?? Income-Generating 4-Family + Bonus Unit in NORTH NEWARK! ?? ?? Investor’s Dream – Over 7.7% Cap Rate! ?? This turnkey multi-family property offers 4 spacious apartments + 1 bonus unit, each featuring: ? 2 Bedrooms, 1 Bathroom ? Modern Kitchens & Comfortable Layouts ? Central A/C for Year-Round Comfort ?? Added Value: 4 Garages provide extra rental income ?? Prime Location – High-demand rental area with strong appreciation potential. ?? Solid Cash Flow – Achieve long-term wealth with over 7.7% cap rate and potential to increase ?? Invest with Confidence – Call Today for Financials & Showings!
Highlights
Home typeQuadruplex
HeatingNatural Gas
StatusActive
(ACTIVE)
(ACTIVE)
CoolingCentral Air
MLS #250001906
Garage3 spaces
Summary
- MLS Number: 250001906
- MLS Name: HudsonCountyNJ
- Office Name: CITYLIVING REAL ESTATE LLC
- Office Phone: (201) 559-6868
The data relating to real estate for sale or rent on this web site comes in part from the IDX program of the HCMLS. Real estate listings held by brokerage firms other than this broker are marked with the HCIDX mark and the information about them includes the name of the listing broker. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2025 Realty Multiple Listing System, Inc. Incorporated in 1952 (aka RMLS, Hudson County MLS). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/3/2025, 4:15:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$788,000
63 Davenport Ave
$9,358
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $422,100 | $15,735 |
| 2022 | $422,100 | $13,441 |
| 2021 | $422,100 | $13,441 |
| 2020 | $222,100 | $8,353 |
| 2019 | $222,100 | $8,202 |
History based on county public records data.
Nearby schools
3
Salome Urea Elementary School
Public District PK-6
0.4 mi
•284 1st Ave W
5
Carteret Elementary School
Public District PK-6
0.5 mi
•158 Grove St
3
Belleville Ps4
Public District PK-6
0.6 mi
•30 Magnolia St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $50,513. Residents of Newark, NJ typically earn between $35k-100k each year. Most families are single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
32%
<35k
60%
35k-100k
6%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
38%
Single, No Kids
20%
Single, with Kids
17%
Married, No Kids
25%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
19%
<11 yrs old
9%
12-17 yrs old
25%
18-34 yrs old
37%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Major League Soccer (MLS)
Pro Boxing
Where do the neighbors shop?
Foot Locker
Ross Dress For Less
H&M
Where do the neighbors go to eat?
Little Caesars
Jack In The Box
Popeyes
What do the neighbors drive?
Dodge
Nissan
Kia
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
Similar homes for sale
This home is located at 63 Davenport Ave in Newark, NJ and zip code 07107 in the North Ward neighborhood. Features: 10 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since January 29, 2025 and is currently priced at $788,000.
Between January and February 2025, Newark, NJ real estate market has seen increase in the number of listings by 18.4%. In February 2025 median list price was $495,000 and the average listing age was 100 days.
From Rocket Homes Real Estate and based on county public records data.