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Three-Family Triplex with Shingle Roof
For Sale
$599,000
Pending

73 2nd St, Newark, NJ 07107

MULTI_FAMILY - Newark City, NJ

Property SizeContact for details
Lot Size0.08 Acres
Days on Market69

Property Features for 73 2nd St

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 7
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 6, Basement, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 4, Bedroom 5, Bedroom 7, Bathroom 3, Bedroom 3
Directions Right on Park Avenue to lake street right on 2nd avenue Use GPS
Standard status Pending
Lot size 0.08 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 5414

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1910
Floors in Building 3
Number of units 3
Roof type Shingle
Architectural style Other
Listing Agency: EXIT PLATINUM REALTY · EXIT Realty
Listed By: MELODY SCOTT · License #265772
Added: Jun 4 Changed: Aug 5 Last Checked: Aug 11 at 8:06PM
MLS# 4032342

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 three-family triplex offers a straightforward residential income layout on a 0.08-acre lot. The property was built in 1910 and features a shingle roof. Interior space includes multiple bedrooms and three bathrooms, along with a basement.

Utilities are served by public water and public sewer.

The home is described as being located in the middle of a redevelopment area, offering an opportunity for buyers looking at residential income properties in Newark, Essex County.

Key Highlights

  • Three‑family triplex layout
  • 0.08‑acre lot
  • Built in 1910

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Carpet & Flooring Store Pet Grooming Service Tattoo & Piercing Shop Pet Store (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

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 with public water and public sewer services.
Where is this triplex located?
The property is located at 73 2nd St 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: Three‑family triplex layout; 0.08‑acre lot; Built in 1910
More about this property
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