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Renovated Three-Family Residence

164 Parker St Newark, NJ 07104

164 Parker St, Newark, NJ, 07104
$759,000
For Sale
$759,000

MULTI_FAMILY - Newark City, NJ

Lot Size0.06 Acres
Days on Market43

Property Features for 164 Parker St

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
7
Bathrooms
3
Rooms
Bedroom 6, Bathroom 3, Bedroom 2, Bedroom 3, Bedroom 1, Bedroom 7, Basement, Bedroom 4, Bedroom 5, Bathroom 1, Bathroom 2
Standard status
Active
Lot size
0.06 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
9725

Utilities

Sewer type
Public Sewer
Heating system
Forced Air
Water source
Public

Building Details

Year built
1957
Floors in Building
3
Number of units
3
Roof type
Shingle
Architectural style
Other
Listing agency KELLER WILLIAMS VILLAGE SQUARE
Listed by JENNIFER OLIVER-VERNIERI
Added: Jun 10 Updated: Jul 9 at 1:54AM Checked: Jul 22 at 7:06PM
MLS# 4033577

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 completely renovated three-family property is configured as three separate rental units. Each unit includes an eat-in kitchen and a spacious living room area, with bedrooms sized for comfortable day-to-day living. Unit 1 offers three bedrooms along with the eat-in kitchen and living room. Unit 2 includes three bedrooms plus an eat-in kitchen, a living room, and an office. Unit 3 is a one-bedroom unit with an eat-in kitchen and living room. The home also features a spacious unfinished basement that can support storage or additional flexibility for the next owner.

Located in Newark, the property is positioned for everyday convenience, with proximity to shops, schools, parks, and public transportation. It sits within a well-established neighborhood, supporting straightforward access for prospective tenants and visitors.

With three distinct living setups, the building can suit an owner-occupant looking to live in one unit while renting the others, or an investor seeking a fully renovated residential income asset. The combination of updated interior finishes, multiple unit configurations, and on-site basement space provides a practical foundation for maintaining long-term rental operations.

Key Highlights

  • Completely renovated three‑family property in Newark with eat‑in kitchens and spacious living room areas in each unit
  • Unit 1 features 3 bedrooms plus an eat‑in kitchen and living room
  • Unit 2 features 3 bedrooms, an eat‑in kitchen, living room, and an office

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Real Estate Agency Acupuncture Computer & Electronic Repair Skin Care Clinic (Bike/Boat/Book/etc) Store Veterinary Clinic Pet Grooming Service Clothing & Fashion Store (Bike/Boat/Book/etc) Store Locksmith

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

FAQs

What type of property is this?
Triplex - Completely renovated three-unit property with eat-in kitchens, spacious living areas, and an unfinished basement.
Where is this triplex located?
The property is located at 164 Parker St Newark, NJ.
What is the asking price?
The asking price for this property is $759,000.
What are key features of this property?
This property features: Completely renovated three‑family property in Newark with eat‑in kitchens and spacious living room areas in each unit; Unit 1 features 3 bedrooms plus an eat‑in kitchen and living room; Unit 2 features 3 bedrooms, an eat‑in kitchen, living room, and an office
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