Map of Property

Northern New Jersey Rooming House Portfolio for Sale

For Sale

11-13 Lincoln Park, Newark, NJ 07102

This Newark property for sale is located at 11-13 Lincoln Park. The current listed sale price for Northern New Jersey Rooming House Portfolio for Sale is $15,500,000.

Contacts

broker
Ashley Rosa

The Blau & Berg Company

Property Details

  • Property Type Multi-Family
  • Property Size 70,000 SF
  • Units 277
  • Date Updated Sep 25, 2025
15 licensed rooming houses across Newark, East Orange and Somerville, NJ.Northern New Jersey Rooming House Portfolio for Sale
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Highlights

  • ±50% of units intentionally vacant and available for renovation/re-leasing
  • 15 licensed rooming houses across Newark, East Orange and Somerville
  • 277 total rentable rooms
  • All properties are up to date with state inspections and licnesing
  • Except for 11-13 Lincoln Park and 350 E Main Street, all properties are licensed Class A rooming houses
  • For sale at $15.5M (±$55,000 per room)
  • Seller financing possible
  • Seller is willing to provide post-sale management support for continuity
  • Sold as a package but will sell individually
  • Stabilized pro forma NOI is nearly three times the current NOI, driven by re-occupancy at ±$900/month rents

Getting around

  • 91/100

    Walk Score ®

  • 83/100

    Transit Score ®

  • 52/100

    Bike Score ®

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Location

  • City Newark, NJ
  • Neighborhood Upper Clinton Hill
  • Zip Code 07102
  • Market New Jersey

Points of Interest

  • Washington Street

    0.80 miles

  • Warren Street/NJIT

    1.07 miles

  • NJPAC/Center Street

    1.08 miles

  • Harriet Tubman Square

    1.22 miles

  • Atlantic Street

    1.27 miles

  • Riverfront Stadium

    1.35 miles

  • Broad Street Station

    1.42 miles

  • Harrison

    1.45 miles

  • Orange Street

    1.65 miles

  • Newark Liberty Airport

    1.71 miles

  • BP

    0.29 miles

  • Mobil

    0.36 miles

  • Exxon

    0.41 miles

  • Speedway

    0.45 miles

  • Lukoil

    0.55 miles

  • Valero

    1.00 miles

  • Sunoco

    1.30 miles

  • Tesla Supercharger

    2.70 miles

  • Greenspot

    7.83 miles

  • Mulberry Commons Parking

    0.65 miles

  • Parking Lot G

    0.71 miles

  • Parking Lot C

    0.77 miles

  • Parking Garage

    0.80 miles

  • Raymond Boulevard Garage

    0.81 miles

  • Parking Lot B

    0.81 miles

  • Deck 3

    0.81 miles

  • Lot 507

    0.83 miles

  • Blumenthal Lot

    0.84 miles

  • Courtyard Downtown Newark

    0.52 miles

  • Hotel Indigo Newark Downtown

    0.61 miles

  • Hilton

    0.89 miles

  • TRYP Newark

    0.94 miles

  • Best Western Robert Treat Hotel

    0.97 miles

  • Holiday Inn

    1.18 miles

  • DoubleTree

    1.24 miles

  • DoubleTree by Hilton Hotel Newark Airport

    1.25 miles

  • Courtyard Newark Liberty International Airport

    1.27 miles

  • Home2 Suites by Hilton Newark Airport

    1.28 miles

  • Angelo's mini market

    0.21 miles

  • Superfresh Supermarket

    0.24 miles

  • Selectos supermarket

    0.68 miles

  • ShopRite

    0.75 miles

  • Seabra's Market

    0.88 miles

  • Whole Foods Market

    0.99 miles

  • ABC Super Store

    1.05 miles

  • 70 Adams Street Plaza

    1.09 miles

  • Bonzão Supermarket

    1.10 miles

  • Seabra Foods

    1.34 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Ashley Rosa

The Blau & Berg Company

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