www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
32118431
32118449

369 E Kinney Street, Newark, NJ 07105

PD
NJ NJ 1539326
Exit Realty Lucky Group
Listed by Exit Realty Lucky Group
$1,425,000
35 days on market
Updated 35 days ago

369 E Kinney St | Ironbound | 6.2 CapRate

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,498
Net Rentable (SqFt) 3,498
Cap Rate 6.20%
NOI $88,360
Occupancy 100%
Tenancy Multi
Class B
Year Built 1950
Buildings 1
Zoning R3
Investment Type Stabilized

6 Family | Ironbound | $88,360 NOI

Marketing description

Six-family investment property located in the Ironbound. The building features one 1-bedroom apartment and five 2-bedroom apartments, offering excellent rental demand and consistent income potential. Property is in good condition, making it a solid turnkey opportunity for investors seeking immediate cash flow with minimal upfront improvements. Well-maintained units appeal to long-term tenants and support stable occupancy. Conveniently located near major highways, public transportation, schools, and local amenities. Positioned in a growing Newark market with continued redevelopment and upside potential.

Investment highlights

Six-family investment property located in the Ironbound. The building features one 1-bedroom apartment and five 2-bedroom apartments, offering excellent rental demand and consistent income potential. Property is in good condition, making it a solid turnkey opportunity for investors seeking immediate cash flow with minimal upfront improvements. Well-maintained units appeal to long-term tenants and support stable occupancy. Conveniently located near major highways, public transportation, schools, and local amenities. Positioned in a growing Newark market with continued redevelopment and upside potential.

Listing Contacts

PD
NJ NJ 1539326
Exit Realty Lucky Group
Listed by Exit Realty Lucky Group

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$88,360.00
$7,363.33/mo

Valuation Metrics

0
DSCR
6.2%
Cap Rate
6.2%
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Patrick Dwyer
License
NJ 1539326
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591