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    138 Hedden Ter Newark, NJ 07108

    For Sale
    $700,000

    Well-maintained Newark triplex featuring renovated apartments and convenient location.

    Lot size:
    0.06 Acres

    Property Features for 138 Hedden Ter

    General Information

    Lot size
    0.06 Acres

    Building Details

    Year built
    2004

    Source: TRINITY REALTY Agent LODI TANNIOS

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

    Overview

    Newark Triplex with Renovated Units

    Located in a vibrant Newark neighborhood, this well-maintained property features a blend of classic charm and modern updates. The property includes two apartments and a bonus apartment in the basement. The basement bonus unit and the first-floor apartment have been newly renovated. The property includes generously sized bedrooms, an updated kitchen, and a sun-drenched living area. A private backyard is suitable for gatherings or relaxing. The property is conveniently located near schools, parks, public transportation, and major highways.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market 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
    -74.2050335
    Latitude
    40.7172489

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    FAQs

    What type of property is this?
    Triplex - Well-maintained Newark triplex featuring renovated apartments and convenient location.
    Where is this triplex located?
    The property is located at 138 Hedden Ter Newark, NJ.
    What is the asking price?
    The asking price for this property is $700,000.
    What are key features of this property?
    This property features: - Features 2 apartments plus a bonus apartment in the basement.; - Basement bonus unit and 1st floor apartment are **newly renovated**.; - Conveniently located near schools, parks, public transportation, and major highways.
    (908) 758-0020
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    138 Hedden Ter Newark, NJ 07108
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    Newark, NJ 07108
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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
    138 Hedden Ter Newark, NJ 07108
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