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    239 S 8Th St Newark, NJ 07103

    For Sale
    $680,000

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

    Lot size:
    0.04 Acres
    Days on Market:
    33
    Last Refresh:
    Dec 6 at 10:06 am

    Property Features for 239 S 8Th St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Dining Room, Kitchen, Living Room, Master Bedroom
    Bedrooms
    8
    Bathrooms
    4
    Basement Y/N
    1
    Appliances
    Oven - Gas, Range
    Lot size
    0.04 Acres

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1877
    Number of units
    3
    Building materials
    Brick
    Roof type
    Flat
    Architectural style
    Other

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

    Listing agent PETER BOUTROS (866) 201-6210

    Listing date Nov 4, 2025

    MLS# 3993644 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 Triplex Investment Opportunity

    This is a fully occupied 3-unit brick triplex. Unit 1 has 2 bedrooms, and Units 2 & 3 each have 3 bedrooms, all featuring full baths. The property is located near major highways, schools, and downtown Newark, in an area with high rental demand and low vacancy. The lot size is 0.04 acres. The property is located in Newark City, Essex County, New Jersey.
    Property Profile 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 Gym & Fitness Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    Essex
    State
    New Jersey
    Longitude
    -74.19793
    Latitude
    40.74189

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    FAQs

    What type of property is this?
    Triplex - Fully occupied triplex in Newark City, generating steady cash flow.
    Where is this triplex located?
    The property is located at 239 S 8Th St Newark, NJ.
    What is the asking price?
    The asking price for this property is $680,000.
    What are key features of this property?
    This property features: - Fully occupied 3-unit brick triplex providing immediate rental income.; - Located in a rapidly growing area of Newark with high rental demand and low vacancy rates.; - **Units offer spacious layouts:** one 2-bedroom unit and two 3-bedroom units, each with full baths.
    (866) 201-6210
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    239 S 8Th St Newark, NJ 07103
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    Newark, NJ 07103
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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
    239 S 8Th St Newark, NJ 07103
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