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    162 Goldsmith Ave Newark, NJ 07112

    Pending
    For Sale
    $685,000

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

    Property size:
    4,588 SF
    Lot size:
    0.09 Acres
    Days on Market:
    53
    Last Refresh:
    Dec 6 at 2:06 pm

    Property Features for 162 Goldsmith Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Pending
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Den, Dining Room, Family Room, Kitchen, Living Room, Master Bedroom
    Bedrooms
    6
    Bathrooms
    3
    Parking
    2
    Parking features
    Driveway
    Interior features
    Carbon Monoxide Detector, Fire Extinguisher, High Ceilings, Wood Floors
    Exterior features
    Sidewalk, Fencvnyl
    Fencing
    Fenced
    Basement Y/N
    1
    Size
    4,588 SF
    Lot size
    0.09 Acres

    Utilities

    Heating system
    Other (Heating), Steam
    Cooling system
    Multi Units

    Building Details

    Year built
    1927
    Number of units
    3
    Building materials
    Vinyl Siding
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    eXp Realty, LLC (866) 201-6210 [email protected]

    Listing agent DEBORAH L. FURR MCSWEEN (866) 201-6210

    Listing date Oct 15, 2025

    MLS# 3978654 Listing URL

    Copyright © 2025 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.

    Overview

    Newark City Three-Family Investment Opportunity

    This three-story, multi-family home in Newark City, NJ, presents a fantastic investment opportunity. The property features large rooms with high ceilings, offering space and character throughout. It is ideally suited for investors or owner-occupants looking for rental income. The location is convenient to schools, shopping, and public transportation, suggesting potential for long-term value. The property is being sold strictly AS-IS. Improvements include replacement of all electrical wiring and outlets in 2016, with the 2nd and 3rd floor electrical wiring and outlets replaced in 2018. In 2020, all three bathrooms were remodeled, and all windows were replaced, along with a new fence. The property size is 4588 square feet, situated on a 0.09-acre lot.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    Essex
    State
    New Jersey
    Longitude
    -74.21408
    Latitude
    40.70748

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    FAQs

    What type of property is this?
    Triplex - Three-family home near schools, shopping, and transportation.
    Where is this triplex located?
    The property is located at 162 Goldsmith Ave Newark, NJ.
    What is the asking price?
    The asking price for this property is $685,000.
    What are key features of this property?
    This property features: - Three-family home ideal for investors or owner-occupants seeking rental income.; - Recent improvements include **remodeled bathrooms (2020), new windows, and new fence.**; - Electrical wiring and outlets replaced (2016, 2018).
    (866) 201-6210
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    162 Goldsmith Ave Newark, NJ 07112
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    Newark, NJ 07112
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    162 Goldsmith Ave Newark, NJ 07112
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