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    42 Fabyan Pl Newark, NJ 07108

    For Sale
    $599,000

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

    Lot size:
    0.08 Acres
    Days on Market:
    33
    Last Refresh:
    Dec 6 at 9:06 pm

    Property Features for 42 Fabyan Pl

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Living Room
    Bedrooms
    8
    Bathrooms
    3
    Parking
    4
    Parking features
    Driveway
    Patio and Porch features
    Patio
    Interior features
    Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, Wood Floors
    Exterior features
    Curbs, Metal Fence, Partially Fenced, Patio
    Fencing
    Fenced, Partial
    Basement Y/N
    1
    Appliances
    Microwave, Oven - Gas, Range, Refrigerator
    Lot size
    0.08 Acres

    Utilities

    Heating system
    Forced Air, Other (Heating), Steam
    Cooling system
    Central Air, Multi Units

    Building Details

    Year built
    1917
    Number of units
    3
    Building materials
    Clapboard
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    Atlantic Pros, Realtors (908) 296-8090 [email protected]

    Listing agent MAIRA BISSIO (908) 296-8090

    Listing date Nov 4, 2025

    MLS# 3996122 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 Multi-Family Investment

    This legal 3-unit multi-family property offers a great investment opportunity. Unit 1 features three bedrooms and one bath, the second unit also has three bedrooms and one bath, and the third unit includes two bedrooms and one bath. The property includes two dedicated parking spaces. It is located in Newark City, NJ, and offers proximity to public transportation, shopping, schools, and major highways. The 0.08-acre lot presents a fantastic opportunity for strong rental income and long-term appreciation.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -74.21603
    Latitude
    40.72206

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    FAQs

    What type of property is this?
    Triplex - Legal 3-unit property near transportation, shopping, and highways.
    Where is this triplex located?
    The property is located at 42 Fabyan Pl Newark, NJ.
    What is the asking price?
    The asking price for this property is $599,000.
    What are key features of this property?
    This property features: - Legal 3-unit property, ideal for investment and rental income; - Prime location near public transportation, shopping, schools, and major highways; - Three separate units: two with three bedrooms/one bath, one with two bedrooms/one bath
    (908) 296-8090
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    42 Fabyan Pl Newark, NJ 07108
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    Newark, NJ 07108
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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
    42 Fabyan Pl Newark, NJ 07108
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