# 316 Ellery Ave, Newark City, NJ 07106

> **TL;DR:** 8bd/5ba residential multi family, $750,000, built 1952.
> Basement. Est. $3,250/mo. Listed 2 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $750,000 |
| Bedrooms | 8 |
| Bathrooms | 4 full, 1 half |
| Year Built | 1952 |
| Lot Size | 4,792 sqft (0.11 acres) |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 2 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $3,250 |
| **Total** | **$3,250** |

## Key Amenities

- Basement

## Property Highlights

- Built in 1952
- 0.11 acre lot
- 4 parking spaces

## Description

### Agent 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!

## Location

- **Address:** 316 Ellery Ave, Newark City, NJ 07106
- **County:** Essex
- **Coordinates:** 40.7383, -74.23825
- **Google Maps:** https://www.google.com/maps?q=40.7383,-74.23825

## Listing Agent

- **Name:** ADRIAN AGRAMONTE
- **Brokerage:** BHGRE ELITE
- **Phone:** 9083168530
- **Email:** adrian@agramonteventures.com

## Primary Photo

![316 Ellery Ave - Primary Photo](http://lh.rdcpix.com/9e9265c2761fe6f8f8614cbf70f412a1l-f2673389320r.jpg)

*36 total photos available on [listing page](https://www.propertysimple.com/listing/316-ellery-ave-newark-city-nj-07106-4020415)*

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**MLS#:** 4020415 | **Updated:** 2026-04-25
**Source:** listhub

*Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/316-ellery-ave-newark-city-nj-07106-4020415)

---

## Structured Data

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  "@type": "RealEstateListing",
  "name": "316 Ellery Ave, Newark City, NJ 07106",
  "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 ",
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  "datePosted": "2026-04-25",
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  "numberOfRooms": 8,
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```