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3-Unit Triplex Property
For Sale
$775,000
Pending

129 Goodwin Ave 127, Newark, NJ 07112

Three separate apartments offer a varied bedroom mix and potential for residential rental use.

Property Size7,506 SF
Days on Market44

Property Features for 129 Goodwin Ave 127

General Information

Standard status Pending
Size 7,506 SF
Property subtype Investment

Site & Location

Neighborhood Weequahic

Units

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

Taxes and HOA fees

Annual Taxes $10,801

Building Details

Building Size 7,506 SF
Year Built 1917
Units 3
Listing Agency: C21 Thomson & Co.
Listed By: Kyle Golden · License #1646836
Source: Elliman
Added: Sep 20 Changed: Nov 1 Last Checked: Nov 1 at 7:34AM

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 C21 Thomson & Co.

Rey
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Investment Insights

Based on property information with market context.

This three-unit residential property at 129 Goodwin Ave 127 in Newark includes 11 bedrooms and 6 bathrooms across its apartment configuration. The unit mix consists of one 3-bedroom, 2-bathroom residence and two 4-bedroom, 2-bathroom residences, providing distinct layouts within the same building. Constructed in 1917, the property is suited to an owner-occupant or investor seeking multiple residential units in one asset.

Walkability and transit access are notable site-area characteristics, with a walk score of 71, a transit score of 57, and a bike score of 42. The property is located in Newark, NJ 07112.

Key Highlights

  • Three separate residential units
  • Unit mix includes one 3‑bedroom, 2‑bathroom unit and two 4‑bedroom, 2‑bathroom units
  • Total of 11 bedrooms and 6 bathrooms

Property Analytics

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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Three separate apartments offer a varied bedroom mix and potential for residential rental use.
Where is this triplex located?
The property is located at 129 Goodwin Ave 127 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; Unit mix includes one 3‑bedroom, 2‑bathroom unit and two 4‑bedroom, 2‑bathroom units; Total of 11 bedrooms and 6 bathrooms
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