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$1,150,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 12 Total Beds
  • 2 Car Garage
  • Updated 3 days ago
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100% Occupied 4-Unit Brick Asset 8.20% CAP $94,339 NOIExceptional investment opportunity in the Upper Roseville section of Newark. This fully occupied, turnkey 4-unit brick multifamily building is a high-yield performer, generating a Net Operating Income (NOI) of $94,339 with a strong 8.20% CAP rate.The property features (4) spacious 3-bedroom, 1-bathroom units, all currently occupied, providing immediate and stable cash flow. A standout feature of this asset is the extensive on-site parking, which includes a detached 2-car garage plus 4 additional off-street parking spaces. This provides a lucrative opportunity for ancillary income or a premium amenity for residents.The building is designed for low-overhead management with separate utilities; residents are responsible for their own gas and electric. Solid brick construction ensures durability and lower maintenance requirements over time. Located just 0.2 miles from the Davenport Ave Light Rail for easy commuting to Newark Penn Station and NYC. Sold in as-is condition.

Full Property Details for 93 Davenport Ave #4

General

  • Price: $1,150,000
  • Taxes: $9,997 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: Garden_State
  • MLS ID: 4021089
  • Updated: 4/16/2026
  • Added to Site: 4 day(s) ago

Interior

  • Number of Rooms: 15
  • Interior Features: Carbon Monoxide Detector, Fire Extinguisher, High Ceilings, Smoke Detector, Wood Floors

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 12

Exterior

  • Exterior Features: Sidewalk
  • Color: Brick

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Garage Description: Detached Garage

Location

  • County: Essex
  • Subdivision: Upper Roseville
  • Driving Directions: Bloomfield Ave to Davenport Ave

School Information

  • Elementary School: ABINGTON
  • High School: TECHNOLOGY

Heating & Cooling

  • Cooling Type: Wall A/C Unit(s)
  • Heating Type: 4+ Units
  • Heating Fuel: Natural Gas
  • Water Heater: Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water
  • Utility Description: Natural Gas

Structural Information

  • Architectural Style: Fourplex
  • Exterior Const.: Brick
  • Basement: Yes
  • Basement Desc.: Full, Unfinished
  • Roof: Rubberized
  • Square Feet: 4,550
  • Year Built: 1957
  • Remodeled/Updated: 2026

Unit Information

Unit 1

  • Unit Description: Bedrooms, Eat-In Kitchen, Kitchen, Living/Dining Room
  • Levels/Stories: 1
  • Total Bathrooms: 1
  • Bedrooms: 3

Unit 2

  • Unit Description: Bedrooms, Eat-In Kitchen, Kitchen, Living/Dining Room
  • Levels/Stories: 2
  • Total Bathrooms: 1
  • Bedrooms: 3

Unit 3

  • Unit Description: Bedrooms, Eat-In Kitchen, Kitchen, Living/Dining Room
  • Levels/Stories: 1
  • Total Bathrooms: 1
  • Bedrooms: 3

Unit 4

  • Unit Description: Bedrooms, Eat-In Kitchen, Kitchen, Living/Dining Room
  • Levels/Stories: 2
  • Total Bathrooms: 1
  • Bedrooms: 3

Lot Features

  • Lot Size (Acres): 0.06
  • Lot Dimensions: 25 x 100
  • Driveway/Sidewalk: 2 Car Width, Additional Parking, Blacktop
  • Lot Description: Corner

Financial Considerations

  • Expenses: Cold Water, Insurance, Maintenance, Taxes
  • Operating Expenses: $18,089
  • Assessment Amount: $202,500
  • Land Assmt: $47,500
  • Tax Amount: $9,997
  • Tax Year: 2025

Disclosures and Reports

  • Exclusions: Personal Belongings
  • Disclosures: Yes
  • Block: 698
  • Lot Number: 36

Listed by Livx

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Listing agent

— 93 Davenport Ave #4 —

  • Livx

917-836-1462

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 93 Davenport Ave #4

School District:Newark City School District
NameGradesDistance
Abington Ave. Elementary School
209 Abington Avenue, Newark, NJ 07107
PK-80.3 mi
First Avenue Elementary School
214 1st Avenue, Newark, NJ 07107
5-80.5 mi
Rafael Hernandez Elementary School
345 Broadway, Newark, NJ 07104
PK-41.2 mi
Barringer High School
90 Parker Street, Newark, NJ 07104
9-121.3 mi
Technology High School
223 Broadway, Newark, NJ 07102
9-121.4 mi
West Side High School
403 South Orange Avenue, Newark, NJ 07103
9-122.4 mi
Thirteenth Avenue Elementary School
359 13th Avenue, Newark, NJ 07103
5-82.3 mi
Speedway Academies
701 South Orange Avenue, Newark, NJ 07106
PK-82.6 mi
Camden Street Elementary School
281 Camden Street, Newark, NJ 07103
PK-82.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 93 Davenport Ave #4 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/15/2026
Listed
$1,150,000
494.32%
MLS
10/21/2011
Sold
$193,500
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 93 Davenport Ave #4

Year
Property Taxes
Change
Tax Assessment
Change
2024
$9,508
2%
$250,000
—
2022
$9,340
—
$250,000
—
2021
$9,335
33%
$250,000
—
2021
$7,038
-34%
$250,000
-12%
2019
$10,696
2%
$284,400
—
2018
$10,503
4%
$284,400
—
2017
$10,125
3%
$284,400
—
2016
$9,783
4%
$284,400
—
2015
$9,411
12%
$284,400
—
2013
$8,398
—
$284,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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93 Davenport Ave #4, Newark, NJ 07107 (MLS# 4021089) is a Multi-Family property with 4 units containing 12 bedrooms and 4 full bathrooms. 93 Davenport Ave #4 is currently listed for $1,150,000 and was received on April 15, 2026. Want to learn more about 93 Davenport Ave #4? Do you have questions about finding other Multi-Family real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.

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