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    580 3Rd St Newark, NJ 07107

    For Sale
    $949,900

    Three-family home near Branch Brook Park and Bloomfield Avenue Light Rail.

    Lot size:
    0.08 Acres

    Property Features for 580 3Rd St

    General Information

    Lot size
    0.08 Acres

    Building Details

    Year built
    1990

    Source: WEICHERT REALTORS - HOME CITY Agent AUGUSTO VERISSIMO

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Well-Maintained Three-Family Home

    This well-maintained three-family home is located in the North Ward, specifically in the upper Roseville neighborhood. The property is conveniently situated near Bloomfield Avenue shopping stores and restaurants, and it is within a half block of Branch Brook Park and the Bloomfield Avenue Light Rail station, facilitating commutes to NYC. Each apartment features a kitchen, a living-dining room, 3 bedrooms, two full baths and an in-unit laundry room. The exterior of the building features a brick and stucco front with vinyl siding. A garage provides parking for two cars, and there is also a large driveway. The property has central HVAC.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    Essex
    State
    New Jersey
    Longitude
    -74.1798749
    Latitude
    40.7668717

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    FAQs

    What type of property is this?
    Triplex - Three-family home near Branch Brook Park and Bloomfield Avenue Light Rail.
    Where is this triplex located?
    The property is located at 580 3Rd St Newark, NJ.
    What is the asking price?
    The asking price for this property is $949,900.
    What are key features of this property?
    This property features: - Excellent location: Steps away from Bloomfield Avenue shopping, restaurants, and Branch Brook Park.; - Easy NYC commute: Half a block from Bloomfield Avenue Light Rail station.; - Three spacious apartments: Each unit features 3 bedrooms and 2 full baths.
    (201) 293-6333
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    580 3Rd St Newark, NJ 07107
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