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Triplex with Two-Car Garage
For Sale
$789,999

232 2nd St, Newark, NJ 07107

MULTI_FAMILY - Newark City, NJ

Property SizeContact for details
Lot Size0.09 Acres
Days on Market107

Property Features for 232 2nd St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Residential
Bedrooms 9
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 7, Bedroom 6, Bedroom 1, Bathroom 3, Bedroom 2, Bathroom 2, Bedroom 8, Bathroom 1, Basement, Bedroom 5, Bedroom 3, Bedroom 9, Bedroom 4
Parking 2
Patio and Porch features Porch
Interior features Carbon Monoxide Detector, Smoke Detector, Wood Floors
Exterior features Metal Fence, Open Porch(es)
Fencing Fenced
Lot features Level Lot
Directions ROUTE. 280 E, TO 1ST STREET. EXIT. TURN LEFT AT 1ST LIGHT. PASS NEXT LIGHT AND ONE BLOCK. ROAD VEERS LEFT TO 2ND STREET.
Standard status Active
Lot size 0.09 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 10529

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1900
Floors in Building 3
Number of units 3
Roof type Shingle
Architectural style Other
Listing Agency: VILLAGE SQUARE REALTORS
Listed By: CRYSTAL JAMES
Added: Apr 27 Changed: Aug 2 Last Checked: Aug 11 at 10:06AM
MLS# 4023520

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 triplex is set up as a 3-family property with a total of 9 bedrooms and 3 bathrooms, offering multiple living spaces within one building. Interior features include wood floors and safety items such as carbon monoxide and smoke detectors. Exterior amenities include a fenced yard, an open porch, and an industrial-style two-car garage, along with an additional two-car driveway for off-street parking.

The property is on public water and public sewer, with a shingle roof and metal fencing. Built in 1900, it is being sold “AS IS.” The home is located near the train station and light rail, providing quick commuting options to NYC and surrounding areas.

Each unit provides its own layout for day-to-day living, with the overall configuration supporting both owner-occupant use and rental income.

Key Highlights

  • 3‑family triplex totaling 9 bedrooms and 3 bathrooms
  • Industrial‑style two‑car garage plus a two‑car driveway
  • 0.09‑acre lot with fenced yard and open porch

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Clothing & Fashion Store Computer & Electronic Repair Locksmith (Bike/Boat/Book/etc) Store

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
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,740
Businesses Nearby

Demographics for 07107, NJ

41,627
Population
16,084
Households
2.6
Avg Household Size
33
Median Age
13%
College-Educated
77%
High-School Grad
1.6 sq mi
ZIP Area
26,017
Density / Sq Mi
$49,892
Median Household Income
$35,700
Median Earnings
$1,259
Median Rent
$353,300
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-family triplex on a 0.09-acre lot with wood floors, public utilities, and an industrial-style two-car garage.
Where is this triplex located?
The property is located at 232 2nd St Newark, NJ.
What is the asking price?
The asking price for this property is $789,999.
What are key features of this property?
This property features: 3‑family triplex totaling 9 bedrooms and 3 bathrooms; Industrial‑style two‑car garage plus a two‑car driveway; 0.09‑acre lot with fenced yard and open porch
More about this property
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