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3-Unit Triplex
New
For Sale
$800,000

10 Farley Ave, Newark, NJ 07108

Each residence has laundry hookups and separate utilities.

Property SizeContact for details
Days on Market2

Property Features for 10 Farley Ave

General Information

Standard status Active
Property subtype Multi Family

Site & Location

Neighborhood Upper Clinton Hill
Public Transit Yes

Units

Unit Mix 2 x 5BR/2BA, 1 x 2BR/1BA
Multifamily Units 3
Individually Metered Utilities unspecified utilities

Taxes and HOA fees

Annual Taxes $7,202

Amenities

laundry hookups
hardwood floors

Building Details

Units 3
Listed By: EMMANUEL EHIZE
Source: Elliman
Added: Oct 24 Last Checked: Oct 24 at 3:32PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EMMANUEL EHIZE

Rey
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Investment Insights

Based on property information with market context.

This three-unit triplex in Newark has one apartment on each of its first two floors, each with 5 bedrooms and 2 bathrooms. The third-floor unit contains 2 bedrooms and 1 bathroom. Laundry hookups and separate utilities serve all three apartments, and hardwood floors run throughout the property.

The property has a Walk Score of 88, a Transit Score of 75, and a Bike Score of 52.

Key Highlights

  • Two apartments each have 5 bedrooms and 2 bathrooms
  • Third‑floor apartment includes 2 bedrooms and 1 bathroom
  • Separate utilities and laundry hookups in all three units

Property Analytics

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Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,260
Businesses Nearby

Demographics for 07108, NJ

28,715
Population
12,862
Households
2.2
Avg Household Size
32
Median Age
17%
College-Educated
85%
High-School Grad
1.4 sq mi
ZIP Area
20,511
Density / Sq Mi
$33,960
Median Household Income
$30,336
Median Earnings
$1,098
Median Rent
$326,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Each residence has laundry hookups and separate utilities.
Where is this triplex located?
The property is located at 10 Farley Ave Newark, NJ.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Two apartments each have 5 bedrooms and 2 bathrooms; Third‑floor apartment includes 2 bedrooms and 1 bathroom; Separate utilities and laundry hookups in all three units
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