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Three-Unit Property with Garage
For Sale
$829,000
Pending

129-131 Seymour Ave, Newark, NJ 07108

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

Property SizeContact for details
Lot Size0.11 Acres
Days on Market473

Property Features for 129-131 Seymour Ave

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 8
Bathrooms 5
Full bathrooms 5
Rooms Bedroom 7, Bedroom 5, Bedroom 3, Bedroom 1, Bathroom 4, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 2, Bedroom 6, Bathroom 5, Bedroom 8, Bedroom 4
Parking 5
Directions Bet Clinton Ave & W Runyon St
Standard status Pending
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 7606

Utilities

Sewer type Public Sewer
Water source Public

Amenities

central air

Building Details

Year built 2005
Floors in Building 3
Number of units 3
Roof type Shingle
Architectural style Other
Listing Agency: HOMESMART FIRST ADVANTAGE · HomeSmart International
Listed By: RONALD COLLINS · License #295754
Added: May 14, 2025 Changed: Aug 29 Last Checked: Aug 29 at 9:06PM
MLS# 3963005

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.

Built in 2005, this legal triplex contains three residential units arranged across a ground-level apartment and two upper-floor apartments. The lower unit offers 2 bedrooms and 1 bathroom, while each of the second- and third-floor residences includes 3 bedrooms and 2 bathrooms. Separate utilities serve each apartment, with central air provided throughout the property.

The property occupies a 0.11-acre lot in Newark’s Upper Clinton Hill neighborhood at 129-131 Seymour Ave. An extra-wide lot supports the building, a 2-car garage, and additional off-street parking in the large driveway. Public water and public sewer serve the property, and the roof is shingle.

Key Highlights

  • Legal 3‑family property built in 2005
  • Two upper units with 3 bedrooms and 2 bathrooms each
  • Ground‑level unit with 2 bedrooms and 1 bathroom

Property Analytics

Current Use

Triplexes

Suggested Use

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

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
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,184
Businesses Nearby

Demographics for 07108, NJ

28,715
Population
12,862
Households
2.2
Avg Household Size
32
Median Age
17%
College-Educated
85%
High-School Grad
1.4 sq mi
ZIP Area
20,511
Density / Sq Mi
$33,960
Median Household Income
$30,336
Median Earnings
$1,098
Median Rent
$326,900
Median Home Value

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 - Three-family residential property with separate utilities, central air, and off-street parking.
Where is this triplex located?
The property is located at 129-131 Seymour Ave Newark, NJ.
What is the asking price?
The asking price for this property is $829,000.
What are key features of this property?
This property features: Legal 3‑family property built in 2005; Two upper units with 3 bedrooms and 2 bathrooms each; Ground‑level unit with 2 bedrooms and 1 bathroom
More about this property
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