Under Contract Multi-Family MLS# 4020415

316 Ellery Ave

Newark City, NJ 07106

$750,000

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About 316 Ellery Ave

Welcome to this EXTREMELY RARE FOUR FAMILY investment opportunity in Newark's sought-after Vailsburg section this four-family fixer-upper offers exceptional potential, solid structure, and an unbeatable location just minutes from Seton Hall University. Perfect for investors, owner-occupants, or anyone looking to add value through renovation. This multi-family home sits on a quiet residential block with classic Newark character. With the right vision, it can be transformed into a high-performing income property. The parking availability alone sets it apart rare for the area and highly desirable for tenants. Its proximity to Seton Hall and South Orange adds consistent rental demand and long-term stability. 203k loans and hard money loans are welcome!

Property details

Property

Type
multi
Year built
1952
Lot
0.11 ac
List date
Apr 13, 2026

Schools

District
Newark City School District

Location

Subdivision
Vailsburg
Neighborhood
Vailsburg

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Listed by BHGRE ELITE

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.