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Updated Triplex with Tenant
New
For Sale
$750,000

130 Milford Ave, Newark, NJ 07108

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

Property SizeContact for details
Lot Size0.05 Acres
Days on Market6

Property Features for 130 Milford Ave

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 9
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 3, Bedroom 5, Bedroom 6, Bathroom 3, Bedroom 7, Bedroom 1, Bathroom 1, Bedroom 4, Bedroom 8, Bathroom 2, Bedroom 9, Bedroom 2, Basement
Security features Security System
Interior features Carbon Monoxide Detector, Fire Extinguisher, Security System, Smoke Detector, Tile Floors, Wood Floors
Exterior features Curbs, Partially Fenced
Fencing Partial
Directions Clinton Avenue to 130 Milford (Milford is a one way street)
Standard status Active
Lot size 0.05 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 11173

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Hot Water(Heating), Radiant
Water source Public

Building Details

Year built 1902
Floors in Building 3
Number of units 3
Roof type Shingle
Architectural style Other
Listing Agency: EXP REALTY, LLC
Listed By: CAMILLE HAYNES
Added: Sep 10 Changed: Sep 14 Last Checked: Sep 15 at 4:06PM
MLS# 4052057

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.

This legal triplex at 130 Milford Ave includes three separate apartments, each arranged with three bedrooms and one full bathroom. The first- and third-floor residences have been updated, while the second-floor unit received renovations approximately one year ago. Brand-new bathroom finishes are featured on the first and second floors. Interior details include wood and tile flooring, security and fire-safety equipment, and practical room layouts. Radiant hot-water heat serves the building, with public water and public sewer.

The top-floor apartment is occupied by a long-term tenant, providing an existing rental component. The property is positioned near major roadways, public transportation, parks, shopping, and local restaurants. An unfinished basement adds storage space, while partial fencing and a shingle roof are among the exterior features. Built in 1902, the property occupies a 0.05-acre lot in Newark City.

Key Highlights

  • Three‑family building with 3 bedrooms and 1 full bathroom in each apartment
  • First- and third‑floor units updated; second‑floor unit renovated approximately one year ago
  • Brand‑new bathrooms on the first and second floors

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Dental Office Law Firm Nursing Home (Bike/Boat/Book/etc) Store Tattoo & Piercing Shop Electrical Service

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

1,148
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
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
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Legal three-family property with renovated apartments, an occupied top-floor unit, and unfinished basement storage.
Where is this triplex located?
The property is located at 130 Milford Ave Newark, NJ.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Three‑family building with 3 bedrooms and 1 full bathroom in each apartment; First- and third‑floor units updated; second‑floor unit renovated approximately one year ago; Brand‑new bathrooms on the first and second floors
More about this property
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