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Three-Family Residential Income
For Sale
$350,000
Pending

468 S 18Th St 3, Newark, NJ 07103

Three-unit residential property offered strictly as-is, where-is, and in need of extensive renovation.

Property SizeContact for details
Days on Market53

Property Features for 468 S 18Th St 3

General Information

Standard status Pending
Property subtype Multi Family

Taxes and HOA fees

Annual Taxes $13,812

Building Details

Year Built 1907
Units 3
Listed By: JULISSA ZIMMERMAN
Source: Elliman
Added: Jul 17 Changed: Sep 6 Last Checked: Sep 7 at 7:46AM

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 JULISSA ZIMMERMAN

Investment Insights

Based on property information with market context.

This offering is a three-family residential income property being sold strictly as-is, where-is. The property is described as needing extensive renovation, and no repairs or improvements are represented as part of the sale.

The sale is subject to third-party approval. The buyer is responsible for all due diligence, inspections, certifications, permits, and municipal requirements, including independently verifying legal use, unit count, zoning, and all other property information.

As a renovation-focused multifamily asset, the property is best suited for an investor or contractor prepared to complete the required work and navigate all municipal and regulatory steps.

Key Highlights

  • Three‑unit residential property built in 1907
  • Offered strictly as‑is, where‑is, and in need of extensive renovation
  • Sale includes investor/contractor opportunity; buyer is responsible for due diligence, inspections, certifications, permits, and municipal requirements

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency (Bike/Boat/Book/etc) Store Storage Facility Veterinary Clinic Electrical Service

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

1,185
Businesses Nearby

Demographics for 07103, NJ

39,439
Population
13,832
Households
2.9
Avg Household Size
30
Median Age
21%
College-Educated
81%
High-School Grad
2.2 sq mi
ZIP Area
17,927
Density / Sq Mi
$42,397
Median Household Income
$34,278
Median Earnings
$1,289
Median Rent
$259,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Triplex - Three-unit residential property offered strictly as-is, where-is, and in need of extensive renovation.
Where is this triplex located?
The property is located at 468 S 18Th St 3 Newark, NJ.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Three‑unit residential property built in 1907; Offered strictly as‑is, where‑is, and in need of extensive renovation; Sale includes investor/contractor opportunity; buyer is responsible for due diligence, inspections, certifications, permits, and municipal requirements
More about this property
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