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Three-Unit Residential Income Property
For Sale
Contact for pricing
Pending

270 4th St, Newark, NJ 07107

Three-unit building with separate utilities and one 3-bedroom unit plus two 4-bedroom units.

Property SizeContact for details
Days on Market142

Property Features for 270 4th St

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: WEICHERT REALTORS NEW GROUP
Listed By: Mario Espada · License #NJ 9589220
Source: Crexi
Added: Apr 11 Changed: Aug 17 Last Checked: Aug 29 at 4:00AM

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 WEICHERT REALTORS NEW GROUP

Investment Insights

Based on property information with market context.

This three-unit residential income property includes three separate apartments. One unit features three bedrooms and one bathroom on the first floor with five rooms total. The second and third units are located on the second and third floors, each offering four bedrooms and one bathroom with six rooms total per unit.

The building is across from a park and is described as being close to major transportation and main highways, with Park Ave Mono Rail Station noted one block away.

The property is presented with separate utilities for each unit and good-paying tenants. The remarks also note low taxes and that the seller is willing to consider reasonable offers.

Key Highlights

  • Three‑unit building with one 3‑bedroom unit and two 4‑bedroom units
  • First‑floor unit has 5 rooms with 3 bedrooms and 1 bath
  • Second and third floors each offer 6 rooms with 4 bedrooms and 1 bath

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Skin Care Clinic Gym & Fitness Center Computer & Electronic Repair

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

1,594
Businesses Nearby

Demographics for 07107, NJ

41,627
Population
16,084
Households
2.6
Avg Household Size
33
Median Age
13%
College-Educated
77%
High-School Grad
1.6 sq mi
ZIP Area
26,017
Density / Sq Mi
$49,892
Median Household Income
$35,700
Median Earnings
$1,259
Median Rent
$353,300
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-unit building with separate utilities and one 3-bedroom unit plus two 4-bedroom units.
Where is this triplex located?
The property is located at 270 4th St Newark, NJ.
What are key features of this property?
This property features: Three‑unit building with one 3‑bedroom unit and two 4‑bedroom units; First‑floor unit has 5 rooms with 3 bedrooms and 1 bath; Second and third floors each offer 6 rooms with 4 bedrooms and 1 bath
More about this property
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