Legal Three-Family
For Sale
$770,000
Pending
108 Vassar Ave, Newark, NJ 07112
Legal 3-family property offered fully vacant for turnkey investment or owner-occupancy.
Property SizeContact for details
Days on Market101
Property Features for 108 Vassar Ave
General Information
Standard status
Pending
Property subtype
Multi Family
Site & Location
Neighborhood
Weequahic
Highway Access
Yes
Additional Details
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$11,665
Building Details
Year Built
1917
Units
3
Listing Agency:
ALEXANDER ANDERSON REAL ESTATE
Listed By:
CYNTHIA BARRETT-BISMUTH
(646) 287-8503
Source:
Elliman
Added: Jul 17
Changed: Oct 19
Last Checked: Oct 24 at 4:24PM
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 ALEXANDER ANDERSON REAL ESTATE
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Investment Insights
Based on property information with market context.
This legal three-family residence is being offered for sale fully vacant, positioned for either turnkey investment or owner-occupant use. The property is presented as a 3-family unit configuration with delivery fully vacant at closing.
Located in Newark’s Weequahic section, the home is described as convenient to Weequahic Park, Newark Beth Israel, public transportation, major highways, shopping, schools, Newark Airport, and NYC routes.
The property is listed as back on market after a prior buyer was unable to proceed due to financing, and the seller reports multiple offers with offers due by 5PM Wednesday May 27.
Located in Newark’s Weequahic section, the home is described as convenient to Weequahic Park, Newark Beth Israel, public transportation, major highways, shopping, schools, Newark Airport, and NYC routes.
The property is listed as back on market after a prior buyer was unable to proceed due to financing, and the seller reports multiple offers with offers due by 5PM Wednesday May 27.
Key Highlights
- Legal 3‑family in Newark’s Weequahic section, built in 1917
- Offered fully vacant, providing turnkey investment or owner‑occupant option
- Convenient to Weequahic Park, Newark Beth Israel, public transportation, major highways, shopping, and schools
Property Analytics
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Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,588
Businesses Nearby
Explore this area
Business Placement
Demographics for 07112, NJ
29,773
Population
11,779
Households
2.5
Avg Household Size
34
Median Age
18%
College-Educated
86%
High-School Grad
1.4 sq mi
ZIP Area
21,266
Density / Sq Mi
$55,171
Median Household Income
$35,709
Median Earnings
$1,334
Median Rent
$306,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Legal 3-family property offered fully vacant for turnkey investment or owner-occupancy.
Where is this triplex located?
The property is located at 108 Vassar Ave Newark, NJ.
What is the asking price?
The asking price for this property is $770,000.
What are key features of this property?
This property features: Legal 3‑family in Newark’s Weequahic section, built in 1917; Offered fully vacant, providing turnkey investment or owner‑occupant option; Convenient to Weequahic Park, Newark Beth Israel, public transportation, major highways, shopping, and schools
