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    347 N 5Th St Newark, NJ 07107

    Pending
    For Sale
    $925,000

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

    Lot size:
    0.15 Acres
    Days on Market:
    16
    Last Refresh:
    Dec 5 at 10:06 am

    Property Features for 347 N 5Th St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Pending
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Dining Room, Kitchen, Living Room
    Bedrooms
    9
    Bathrooms
    5
    Parking
    2
    Basement Y/N
    1
    Appliances
    Dishwasher, Microwave, Oven - Gas, Range, Washer
    Lot size
    0.15 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    2001
    Number of units
    3
    Building materials
    Brick, Vinyl Siding
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    Grisela Flores (908) 445-5339 [email protected]

    Listing agent KATHERINE CABRERA (908) 445-5339

    Listing date Nov 20, 2025

    MLS# 3996070 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 Triplex Near Branch Brook

    Located in Newark's North Ward, this legal 3-family home presents a rare opportunity. Situated on a 35x186 lot, the property is near Branch Brook Park. Each apartment features three bedrooms, open-concept living and dining areas, and a kitchen. The property includes a double-car garage, an oversized shed, and a large yard suitable for gatherings and entertainment. Transportation options include bus and light rail service to Newark Penn Station and the PATH train to NYC, with access to major highways. This property offers income potential in one of Newark's neighborhoods.
    Location Intelligence

    Current Use by Public Records

    Lalvay Gutters Gutter Cleaning Service

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -74.18532
    Latitude
    40.76

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    FAQs

    What type of property is this?
    Triplex - Spacious three-family home near Branch Brook Park in Newark.
    Where is this triplex located?
    The property is located at 347 N 5Th St Newark, NJ.
    What is the asking price?
    The asking price for this property is $925,000.
    What are key features of this property?
    This property features: - Legal 3-family home offering income potential and flexibility.; - Massive 35x186 lot size, rare for the area.; - Prime location in Newark's desirable North Ward, near Branch Brook Park and transportation.
    (908) 445-5339
    Request Owner's contact information
    347 N 5Th St Newark, NJ 07107
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    Newark, NJ 07107
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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
    347 N 5Th St Newark, NJ 07107
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