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Well-Kept Three-Family Home
For Sale
$850,000
Pending

103 Garrison St, Newark, NJ 07105

Beautiful three-family home with finished basement in the Ironbound.

Property SizeContact for details
Lot Size0.11 Acres
Days on Market274

Property Features for 103 Garrison St

General Information

Standard status Pending
Lot size 0.11 Acres
Property subtype Multi Family

Taxes and HOA fees

Annual Taxes $9,256

Building Details

Year Built 1910
Units 3
Listing Agency: Exit Realty Lucky Associates
Listed By: MARILENE OLIVEIRA
Source: Elliman
Added: Nov 28, 2025 Changed: Aug 22 Last Checked: Aug 29 at 10:04AM

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 Exit Realty Lucky Associates

Investment Insights

Based on property information with market context.

This well-maintained three-family home is located in the Ironbound neighborhood. Each of the three units features three bedrooms and one bathroom, along with a large kitchen. The finished basement includes a recreation room, laundry room, and summer kitchen. The property also features a large backyard with a shed and landscaping that includes fruit trees.

Key Highlights

  • Three separate units, each with 3 bedrooms and 1 bath, offering rental income potential or multi‑generational living.
  • Finished basement with rec room, laundry room, and summer kitchen.
  • Large backyard with massive shed and beautiful landscaping including fruit trees.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Pet Grooming Service Nursing Home Tanning Salon Pet Store & Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,634
Businesses Nearby

Demographics for 07105, NJ

50,870
Population
20,608
Households
2.5
Avg Household Size
35
Median Age
15%
College-Educated
70%
High-School Grad
4.6 sq mi
ZIP Area
11,059
Density / Sq Mi
$55,752
Median Household Income
$33,175
Median Earnings
$1,600
Median Rent
$445,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Beautiful three-family home with finished basement in the Ironbound.
Where is this triplex located?
The property is located at 103 Garrison St Newark, NJ.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Three separate units, each with 3 bedrooms and 1 bath, offering rental income potential or multi‑generational living.; Finished basement with rec room, laundry room, and summer kitchen.; Large backyard with massive shed and beautiful landscaping including fruit trees.
More about this property
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