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11-Bedroom Triplex
New
For Sale
$775,000

127 Goodwin Ave, Newark, NJ 07112

Three separate apartments offer a varied bedroom and bathroom configuration in Newark City.

Property SizeContact for details
Days on Market4

Property Features for 127 Goodwin Ave

General Information

Standard status Active
Property subtype Multi-Family

Units

Unit Mix 1 x 3BR/2BA, 2 x 4BR/2BA
Multifamily Units 3

Building Details

Year Built 1917
Listing Agency: C-21 THOMSON & CO
Listed By: KYLE GOLDEN · License #1646836
Source: Luminancerealty
Added: Sep 22 Changed: Sep 23 Last Checked: Sep 24 at 12:45PM

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 C-21 THOMSON & CO

Investment Insights

Based on property information with market context.

This triplex contains three separate residential units with a combined total of 11 bedrooms and 6 bathrooms. The unit mix includes one 3-bedroom, 2-bathroom apartment and two 4-bedroom, 2-bathroom apartments, providing distinct layouts within the same property.

The property is located at 127 Goodwin Ave in Newark City, NJ 07112. Built in 1917, it offers an established multifamily configuration with three individual apartments and a documented bedroom and bath mix.

Key Highlights

  • Three separate residential units
  • 11 total bedrooms and 6 total bathrooms
  • One 3‑bedroom, 2‑bathroom unit

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Gym & Fitness Center Parking Lot & Garage (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

1,868
Businesses Nearby

Demographics for 07112, NJ

29,773
Population
11,779
Households
2.5
Avg Household Size
34
Median Age
18%
College-Educated
86%
High-School Grad
1.4 sq mi
ZIP Area
21,266
Density / Sq Mi
$55,171
Median Household Income
$35,709
Median Earnings
$1,334
Median Rent
$306,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Triplex - Three separate apartments offer a varied bedroom and bathroom configuration in Newark City.
Where is this triplex located?
The property is located at 127 Goodwin Ave Newark, NJ.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: Three separate residential units; 11 total bedrooms and 6 total bathrooms; One 3‑bedroom, 2‑bathroom unit
More about this property
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