316 Ellery Ave, Newark City, NJ 07106

• 8 beds |
• 4 baths

Property Description

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!

Listing Status:

Pending

Data Last Updated:

May 10, 2026 at 6:40AM

Listing Office:

BHGRE ELITE : 908-316-8530

MLS ID:

4020415

Interior

• Basement: Full
• A/C: Wall A/C Unit(s)
• Heating: 4+ UnitsGas-Natural

Exterior

• General: Wood
• Parking: Parking spaces: 4

Construction

• Roofing: Asphalt Shingle

Location

• County: Essex

Lot

• Driveway: Driveway-Shared
• Zoning: 1614-04127-0001-00044-0000-

Utilities

• Utilities: ElectricGas-Natural
• Water: Public Water
• Sewer: Public Sewer