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Brick Triplex with Three-Car Garage
New
For Sale
$800,000

120-122 Tuxedo Pkwy, Newark, NJ 07106

Multi-Family, Newark City, NJ

Property SizeContact for details
Lot Size0.13 Acres
Days on Market4

Property Features for 120-122 Tuxedo Pkwy

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 7
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 7, Bedroom 1, Bathroom 2, Bedroom 5, Bathroom 4, Basement, Bathroom 3, Bedroom 4, Bedroom 2, Bedroom 3, Bedroom 6, Bathroom 1
Parking 8
Directions Google Maps
Standard status Active
Lot size 0.13 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 12672

Utilities

Sewer type Public Sewer
Heating system Forced Air
Water source Public

Amenities

stainless steel appliances

Building Details

Year built 1930
Number of units 3
Listing Agency: KELLER WILLIAMS - NJ METRO GROUP · Keller Williams Realty
Listed By: BRENDAN DASILVA · License #1753996
Added: Aug 19 Changed: Aug 22 Last Checked: Aug 22 at 5:06PM
MLS# 4047804

Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1930 brick triplex contains three residential apartments, each equipped with stainless steel appliances. The first-floor unit is approximately twice the size of the other apartments, creating a distinct configuration within the building. The property also includes a three-car garage and additional parking on the 0.13-acre lot.

Seton Hall University and Ivy Hill Park are both within walking distance. The property is served by public water and public sewer, with forced-air heating. Located in Newark’s Ivy Hill section, the building offers a three-unit residential layout with established parking and garage improvements.

Key Highlights

  • Three‑unit brick residential building constructed in 1930
  • First‑floor apartment is approximately twice the size of the other units
  • All 3 apartments feature stainless steel appliances

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Carpet & Flooring Store (Bike/Boat/Book/etc) Store Skin Care Clinic 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

Location Intelligence

Trade Area within ½ mile

935
Businesses Nearby

Demographics for 07106, NJ

34,596
Population
13,633
Households
2.5
Avg Household Size
35
Median Age
18%
College-Educated
85%
High-School Grad
1.4 sq mi
ZIP Area
24,711
Density / Sq Mi
$48,105
Median Household Income
$34,820
Median Earnings
$1,221
Median Rent
$321,400
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 - Three residential units include stainless steel appliances, a larger first-floor layout, garage parking, and additional on-site parking.
Where is this triplex located?
The property is located at 120-122 Tuxedo Pkwy Newark, NJ.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Three‑unit brick residential building constructed in 1930; First‑floor apartment is approximately twice the size of the other units; All 3 apartments feature stainless steel appliances
More about this property
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