Three-Unit Property with
New
For Sale
$619,000
318 Grove St, Newark, NJ 07103
Residential triplex with varied unit layouts, outdoor deck space, and off-street parking at a Newark address.
Property SizeContact for details
Days on Market4
Property Features for 318 Grove St
General Information
Standard status
Active
Property subtype
Multi Family
Units
Unit Mix
1 x 3BR/2BA, 1 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units
3
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$5,598
Amenities
outdoor deck
Building Details
Year Built
1940
Units
2
Listing Agency:
KELLER WILLIAMS VALLEY REALTY
(201) 391-2500
Listed By:
LIPA BRACH · License #306769
Source:
Elliman
Added: Aug 8
Changed: Aug 9
Last Checked: Aug 10 at 8:36AM
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 KELLER WILLIAMS VALLEY REALTY
Investment Insights
Based on property information with market context.
Located at 318 Grove St in Newark, this 1940-built triplex contains three residential units with distinct layouts. The first-floor residence includes three bedrooms and two bathrooms, with living space extending into the basement. A second-floor unit provides two bedrooms, one bathroom, and a living room, while the third-floor unit has one bedroom and one full bathroom.
The property also includes a large outdoor deck and off-street parking. Walk Score is 78, described as Very Walkable; Transit Score is 68, described as Good Transit; and Bike Score is 51, described as Bikeable.
The property also includes a large outdoor deck and off-street parking. Walk Score is 78, described as Very Walkable; Transit Score is 68, described as Good Transit; and Bike Score is 51, described as Bikeable.
Key Highlights
- Three‑unit triplex at 318 Grove St, Newark, NJ 07103‑4905
- First‑floor 3‑bedroom, 2‑bathroom unit duplexed with the basement
- Second‑floor unit includes 2 bedrooms, 1 bathroom, and a living room
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,084
Businesses Nearby
Explore this area
Business Placement
Demographics for 07103, NJ
39,439
Population
13,832
Households
2.9
Avg Household Size
30
Median Age
21%
College-Educated
81%
High-School Grad
2.2 sq mi
ZIP Area
17,927
Density / Sq Mi
$42,397
Median Household Income
$34,278
Median Earnings
$1,289
Median Rent
$259,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Residential triplex with varied unit layouts, outdoor deck space, and off-street parking at a Newark address.
Where is this triplex located?
The property is located at 318 Grove St Newark, NJ.
What is the asking price?
The asking price for this property is $619,000.
What are key features of this property?
This property features: Three‑unit triplex at 318 Grove St, Newark, NJ 07103‑4905; First‑floor 3‑bedroom, 2‑bathroom unit duplexed with the basement; Second‑floor unit includes 2 bedrooms, 1 bathroom, and a living room
