Renovated Three-Unit
For Sale
$850,000
125 Park Ave, Newark, NJ 07104
All three residences have three bedrooms, while a finished basement adds a full bathroom and dedicated laundry area.
Property SizeContact for details
Days on Market46
Property Features for 125 Park Ave
General Information
Standard status
Active
Property subtype
Multi Family Home
Net Operating Income
$8,000
Site & Location
Neighborhood
Seventh Avenue
Public Transit
Yes
Units
Unit Mix
3 x 3BR
Multifamily Units
3
Amenities
paved patio
laundry area
Wood Floors
Metal Fence
Patio
Building Details
Year Built
1907
Buildings
1
Units
3
Listing Agency:
Exp Realty, LLC
(866) 201-6210
Listed By:
Amado Rondon Moreno
Source:
Culturaunitedrealty
Added: Sep 10
Changed: Oct 23
Last Checked: Oct 23 at 4:43PM
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 Exp Realty, LLC
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Investment Insights
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Built in 1907, this Newark triplex contains three residences, each with three bedrooms and separate living, dining, and kitchen areas. Renovations included new plumbing, electrical systems, kitchens, and bathrooms throughout. Large windows bring natural light into the units. The finished basement has a full bathroom and a dedicated laundry area, and a paved patio provides outdoor space for residents.
The property is at 125 Park Ave, steps from Branch Brook Park and the NJ Light Rail. Each unit’s three-bedroom layout is paired with updated interior systems and finishes.
The property is at 125 Park Ave, steps from Branch Brook Park and the NJ Light Rail. Each unit’s three-bedroom layout is paired with updated interior systems and finishes.
Key Highlights
- Three residences, each with 3 bedrooms
- Renovations include new plumbing, electrical systems, kitchens, and bathrooms
- Finished basement with a full bathroom and dedicated laundry area
Property Analytics
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,747
Businesses Nearby
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Business Placement
Demographics for 07104, NJ
54,051
Population
21,762
Households
2.5
Avg Household Size
35
Median Age
21%
College-Educated
71%
High-School Grad
2.5 sq mi
ZIP Area
21,620
Density / Sq Mi
$51,199
Median Household Income
$36,139
Median Earnings
$1,343
Median Rent
$337,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - All three residences have three bedrooms, while a finished basement adds a full bathroom and dedicated laundry area.
Where is this triplex located?
The property is located at 125 Park Ave Newark, NJ.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Three residences, each with 3 bedrooms; Renovations include new plumbing, electrical systems, kitchens, and bathrooms; Finished basement with a full bathroom and dedicated laundry area
