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Renovated Three-Unit Triplex
For Sale
$850,000

125 Park Ave, Newark, NJ 07104

Multi-Family, 3-Three Story, Newark City, NJ

Property SizeContact for details
Lot Size0.06 Acres
Days on Market16

Property Features for 125 Park Ave

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 9
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 9, Bathroom 1, Bedroom 3, Bedroom 6, Bedroom 7, Bedroom 5, Basement, Bathroom 3, Bedroom 1, Bathroom 2, Bedroom 2, Bedroom 4, Bedroom 8
Patio and Porch features Patio
Interior features Wood Floors
Exterior features Metal Fence, Patio
Fencing Fenced
Directions Rt 70 to Manchester Blvd to Buckingham Dr to Bennington Ln, home on left.
Standard status Active
Lot size 0.06 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 5482

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air
Water source Public

Amenities

finished basement
laundry area
paved patio

Building Details

Year built 1907
Floors in Building 3
Number of units 3
Roof type Composition
Architectural style Other
Listing Agency: EXP REALTY, LLC
Listed By: AMADO RONDON MORENO
Added: Sep 10 Changed: Sep 16 Last Checked: Sep 25 at 7:06AM
MLS# 4051779

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 three-family residence was fully gut renovated with updated plumbing, electrical systems, kitchens, and bathrooms throughout. Each unit offers 3 bedrooms along with separate living, dining, and kitchen areas, while wood floors and large windows add practical interior appeal. Forced-air heating and central air conditioning serve the property.

A full finished basement provides an additional bathroom and dedicated laundry area. Exterior features include a paved patio, metal fencing, and a fenced yard area. The property occupies 0.06 acres and is served by public water and public sewer.

Branch Brook Park and the NJ Light Rail are located steps from the property, providing nearby access to recreation and transit. Built in 1907, the home combines a renovated interior with a three-unit residential configuration.

Key Highlights

  • Three 3‑bedroom residential units
  • Fully renovated plumbing, electrical, kitchens, and bathrooms
  • Full finished basement with bathroom and dedicated laundry area

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Computer & Electronic Repair Skin Care Clinic Acupuncture Gym & Fitness Center (Bike/Boat/Book/etc) Store

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

1,747
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Gut-renovated residential property with updated systems, private outdoor space, and finished lower-level amenities.
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 3‑bedroom residential units; Fully renovated plumbing, electrical, kitchens, and bathrooms; Full finished basement with bathroom and dedicated laundry area
More about this property
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