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Three-Unit, Three-Story Triplex
For Sale
$750,000

151 Vermont Ave, Newark, NJ 07106

Multi-Family, 3-Three Story, Newark City, NJ

Property SizeContact for details
Lot Size0.09 Acres
Days on Market75

Property Features for 151 Vermont Ave

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 10
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 10, Bedroom 3, Bedroom 6, Bathroom 1, Bedroom 8, Bedroom 7, Bedroom 9, Bedroom 1, Bathroom 2, Bedroom 5, Bedroom 2, Bedroom 4, Basement, Bathroom 3
Parking 4
Directions Turn right on South 15th Street and get on Vermont Avenue.
Standard status Active
Lot size 0.09 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 5406

Utilities

Sewer type Public Sewer
Heating system Forced Air
Water source Public

Building Details

Year built 1930
Floors in Building 3
Number of units 3
Roof type Shingle
Architectural style Other
Listing Agency: RE/MAX PROFESSIONALS I · RE/MAX International
Listed By: CHRISTOPHER STEAD
Added: Jun 16 Changed: Aug 19 Last Checked: Aug 29 at 12:06AM
MLS# 4034908

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.

Investment Insights

Based on property information with market context.

This three-unit residential property is arranged across three stories and includes 10 bedrooms, 3 bathrooms, and a basement. Built in 1930, the building features forced-air heating, a shingle roof, public water, and public sewer service. The property occupies a 0.09-acre lot at 151 Vermont Ave in Newark, New Jersey.

The location is described as being near public transportation, commuter routes, shopping, dining, and other local amenities, with access toward New York City. The three-family configuration and existing room count provide a defined multifamily layout for prospective investors or owner-occupants.

Key Highlights

  • Three‑unit, three‑story multifamily property
  • 10 bedrooms, 3 bathrooms, and a basement
  • 0.09‑acre lot at 151 Vermont Ave

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Skin Care Clinic Acupuncture Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,240
Businesses Nearby

Demographics for 07106, NJ

34,596
Population
13,633
Households
2.5
Avg Household Size
35
Median Age
18%
College-Educated
85%
High-School Grad
1.4 sq mi
ZIP Area
24,711
Density / Sq Mi
$48,105
Median Household Income
$34,820
Median Earnings
$1,221
Median Rent
$321,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three residential units with forced-air heating, public water, and public sewer service.
Where is this triplex located?
The property is located at 151 Vermont Ave Newark, NJ.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Three‑unit, three‑story multifamily property; 10 bedrooms, 3 bathrooms, and a basement; 0.09‑acre lot at 151 Vermont Ave
More about this property
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