Search
Renovated Three-Family Residence
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
Listed By: JOEL MILLER · License #408229
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.

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

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Skin Care Clinic Nursing Home Veterinary Clinic

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

Lease Details

3
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,152
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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message