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Three-Unit Multifamily Property
New
For Sale
$775,000

129 Goodwin Avenue, Newark, NJ 07112

Multi-Family, Newark, NJ

Property Size7,506 SF
Price / SF$103.25
Days on Market7

Property Features for 129 Goodwin Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 11
Bathrooms 6
Full bathrooms 6
Rooms Bedroom 1, Basement, Bathroom 3, Bedroom 5, Bedroom 4, Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 7, Bedroom 11, Bathroom 5, Bathroom 4, Bedroom 8, Bedroom 10, Bedroom 9, Bedroom 2, Bedroom 6, Bathroom 6
Parking features On Street
Elementary school Ivy Hill
High school West Side
Directions GPS
Subdivision Newark
Standard status Active
APN 14-03623-0000-00017
Size 7,506 SF

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 10801

Utilities

Sewer type Public Sewer
Heating system Forced Air
Water source Public

Building Details

Year built 1917
Floors in Building 3
Number of units 3
Listing Agency: C21 Thomson & Co.
Listed By: Kyle Golden · License #1646836
Added: Sep 19 Last Checked: Sep 25 at 5:06AM
MLS# 22629746

Copyright © 2026 More MLS. 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.

This 7,506-square-foot multifamily property at 129 Goodwin Avenue contains three separate residential units. The unit mix includes one three-bedroom, two-bath apartment and two four-bedroom, two-bath apartments, totaling 11 bedrooms and 6 bathrooms. The property was built in 1917 and is served by forced-air heating.

Public water and public sewer support the property, while on-street parking is provided. Its three-unit layout offers a defined multifamily configuration at a Newark address in Essex County.

Key Highlights

  • Three residential units with 11 bedrooms and 6 bathrooms
  • Unit mix includes one 3‑bedroom, 2‑bath unit and two 4‑bedroom, 2‑bath units
  • 7,506 square feet of property size

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
View Realmo Analytics

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 substantial residential income property configuration.
Where is this triplex located?
The property is located at 129 Goodwin Avenue 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 residential units with 11 bedrooms and 6 bathrooms; Unit mix includes one 3‑bedroom, 2‑bath unit and two 4‑bedroom, 2‑bath units; 7,506 square feet of property size
More about this property
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