Renovated Three-Family
118 Seymour Ave Newark, NJ 07108
For Sale
$649,000
Renovated triplex with updated finishes, identical 3-bed/1-bath layouts, and separate utilities for each unit.
Days on Market38
Property Features for 118 Seymour Ave
General Information
- Standard status
- Active
- Property subtype
- Multi Family
Building Details
- Year Built
- 1907
Listing Agency:
Listed By:
JOEL MILLER
Source:
Elliman
Added: Jun 17
Changed: Jul 10
Last Checked: Jul 23 at 3:42AM
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 JOEL MILLER
Investment Insights
Based on property information with market context.
This exceptionally maintained three-family residence has been renovated throughout, with updated kitchens and toilets, newly refreshed floors, and freshly painted interiors. All three units share the same layout, offering three bedrooms and one bathroom per unit. In total, the property provides nine bedrooms and three bathrooms. The first-floor unit is currently vacant, creating flexibility for an owner-occupant to move in immediately, while maintaining an all-in-one building configuration for an investor.
Each unit is served by separate utilities, which can simplify ongoing management and help each household operate independently. The property is conveniently located near shops, schools, transportation, and local amenities. Walking is supported by a very walkable Walk Score of 80, and transit access is noted by a Good Transit Score of 59. The Bike Score is 41, indicating somewhat bikeable conditions.
For buyers, this building fits a range of strategies, from an owner-occupant seeking to supplement a primary residence with on-site rental income to an investor planning to lease all three apartments. The consistent unit layout across the property can also streamline operations and turnover planning, while the first-floor vacancy supports an immediate occupancy timeline for the right user.
Each unit is served by separate utilities, which can simplify ongoing management and help each household operate independently. The property is conveniently located near shops, schools, transportation, and local amenities. Walking is supported by a very walkable Walk Score of 80, and transit access is noted by a Good Transit Score of 59. The Bike Score is 41, indicating somewhat bikeable conditions.
For buyers, this building fits a range of strategies, from an owner-occupant seeking to supplement a primary residence with on-site rental income to an investor planning to lease all three apartments. The consistent unit layout across the property can also streamline operations and turnover planning, while the first-floor vacancy supports an immediate occupancy timeline for the right user.
Key Highlights
- Renovated 3‑family residence built in 1907 with updated finishes in all kitchens/toilets/floors.
- All 3 units share the same layout: 3 bedrooms and 1 bathroom per unit (total 9 bedrooms, 3 bathrooms).
- First‑floor unit is currently vacant, offering an immediate owner‑occupant move‑in or income start.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - Renovated triplex with updated finishes, identical 3-bed/1-bath layouts, and separate utilities for each unit.
Where is this triplex located?
The property is located at 118 Seymour Ave Newark, NJ.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: Renovated 3‑family residence built in 1907 with updated finishes in all kitchens/toilets/floors.; All 3 units share the same layout: 3 bedrooms and 1 bathroom per unit (total 9 bedrooms, 3 bathrooms).; First‑floor unit is currently vacant, offering an immediate owner‑occupant move‑in or income start.