Renovated Three-Family
For Sale
$619,000
118 Seymour Avenue, Newark, NJ 07108
Renovated three-unit property with updated kitchens and baths, each unit offering three bedrooms and one bathroom.
Property Size9,999 SF
Price / SF$61.91
Days on Market51
Property Features for 118 Seymour Avenue
General Information
Standard status
Active
Size
9,999 SF
Property subtype
Multi Family / 3-Three Story
Additional Details
Multifamily Units
3
Amenities
Yes
Asphalt Shingle
Carbon Monoxide Detector, Smoke Detector
Unfinished, Walkout
Aluminum Siding
Building Details
Year Built
1907
Tenancy
Multi
Listing Agency:
KELLER WILLIAMS MID-TOWN DIRECT
(973) 762-5400
Listed By:
JOEL MILLER · License #408229
(973) 762-5400
Source:
Compass
Added: Jun 10
Changed: Jul 27
Last Checked: Jul 30 at 12:33PM
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 KELLER WILLIAMS MID-TOWN DIRECT
Investment Insights
Based on property information with market context.
Renovated three-family residence presented in exceptionally maintained condition. All kitchens, toilets, and floors have been updated, and the property has fresh paint throughout. Each of the three units shares the same layout with three bedrooms and one bathroom, for a total of nine bedrooms and three bathrooms.
The first-floor unit is currently vacant, providing an owner-occupant the option to move in while generating income immediately. Each unit has separate utilities, which can help maximize efficiency and simplify day-to-day management.
Conveniently located near shops, schools, transportation, and local amenities, with all three units set up consistently for straightforward leasing and occupancy planning.
The first-floor unit is currently vacant, providing an owner-occupant the option to move in while generating income immediately. Each unit has separate utilities, which can help maximize efficiency and simplify day-to-day management.
Conveniently located near shops, schools, transportation, and local amenities, with all three units set up consistently for straightforward leasing and occupancy planning.
Key Highlights
- Renovated three‑family residence (year built 1907) with updated kitchens, baths, and freshly painted interiors
- All 3 units share the same layout: 3 bedrooms and 1 bathroom per unit
- Total of 9 bedrooms and 3 bathrooms across the three units
Property Analytics
Current Use
Lease Details
3
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,152
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Renovated three-unit property with updated kitchens and baths, each unit offering three bedrooms and one bathroom.
Where is this triplex located?
The property is located at 118 Seymour Avenue Newark, NJ.
What is the asking price?
The asking price for this property is $619,000.
What are key features of this property?
This property features: Renovated three‑family residence (year built 1907) with updated kitchens, baths, and freshly painted interiors; All 3 units share the same layout: 3 bedrooms and 1 bathroom per unit; Total of 9 bedrooms and 3 bathrooms across the three units