Building Details

Year Built 2025

Units 3

Listing Agency: g***@gmail.com Show Phone

Listed By: GIANCARLO VARGAS

Source: Elliman

Added: Nov 27, 2025 Changed: Aug 13 Last Checked: Aug 29 at 2:38PM

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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 GIANCARLO VARGAS

Investment Insights

Based on property information with market context.

This is a new construction three-family house located near Newark Liberty International Airport. The property is currently under construction. It may qualify for a 5-year tax abatement and a 10-year home warranty. The property presents opportunities for short-term rental ventures.

Key Highlights

• Brand new construction (2025)
• Qualifies for 5‑year tax abatement
• 10‑year home warranty included

Property Analytics

Property Profile

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply Electrical Service Kitchen & Bath Showroom Gym & Fitness Center

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

Location Intelligence

Trade Area within ½ mile

597

Businesses Nearby

Explore this area Business Placement

Demographics for 07114, NJ

17,767

Population

4,694

Households

3.8

Avg Household Size

39

Median Age

9%

College-Educated

69%

High-School Grad

7.9 sq mi

ZIP Area

2,249

Density / Sq Mi

$34,167

Median Household Income

$35,916

Median Earnings

$616

Median Rent

$384,700

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Questions? Ask Rey

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What type of property is this? Where is this triplexes located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Triplex - New construction triplex, potential for short-term rental income.

Where is this triplex located?

The property is located at 20 Garibaldi Ave Newark, NJ.

What is the asking price?

The asking price for this property is $1,100,000.

What are key features of this property?

This property features: Brand new construction (2025); Qualifies for 5‑year tax abatement; 10‑year home warranty included