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    85 3Rd Ave Newark, NJ 07104

    Pending
    For Sale
    $869,900

    Multi-Family, 2-Two Story - Newark City, NJ

    Lot size:
    0.07 Acres
    Days on Market:
    50
    Last Refresh:
    Dec 6 at 11:06 pm

    Property Features for 85 3Rd Ave

    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, Family Room, Kitchen, Laundry, Living Room
    Bedrooms
    6
    Bathrooms
    5
    Parking
    3
    Interior features
    Carbon Monoxide Detector, Fire Extinguisher, Shades, Smoke Detector, Tile Floors, Walk-In Closet, Wood Floors
    Exterior features
    Barbeque, Seerem, Fencvnyl
    Fencing
    Fenced
    Basement Y/N
    1
    Appliances
    Dishwasher, Dryer, Microwave, Oven - Gas, Range, Refrigerator, Washer
    Lot size
    0.07 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air, Multi Units

    Building Details

    Year built
    2025
    Number of units
    2
    Building materials
    Brick, Vinyl Siding
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    RE/MAX SELECT (908) 233-9292 [email protected]

    Listing agent ANTHONY TORRES (908) 233-9292

    Listing date Oct 18, 2025

    MLS# 3991606 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 New Build

    This new multi-family construction features an open concept layout with 6 bedrooms and 5 bathrooms. Premium finishes are present throughout the property, which also includes a fully finished bonus basement suitable for a recreation area or guest suite. Modern cabinets, hardwood floors, and new appliances, including a washer and dryer, are included. A 10-year home warranty and tax abatement are in place. The lot size is 0.07 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market 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
    -74.17018
    Latitude
    40.75932

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    FAQs

    What type of property is this?
    Duplex - New multi-family new construction featuring modern finishes and tax abatement.
    Where is this duplex located?
    The property is located at 85 3Rd Ave Newark, NJ.
    What is the asking price?
    The asking price for this property is $869,900.
    What are key features of this property?
    This property features: - New Construction built in 2025 with 10-Year Home Warranty and Tax Abatement; - Spacious: 6 Bedrooms and 5 Bathrooms; - Finished Bonus Basement: Ideal for Recreation or Guest Suite
    (908) 233-9292
    Request Owner's contact information
    85 3Rd Ave Newark, NJ 07104
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    Newark, NJ 07104
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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
    85 3Rd Ave Newark, NJ 07104
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