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Brick Three-Unit Triplex
For Sale
$568,999

61 Victoria Ave, Newark, NJ 07104

Three apartments include two two-bedroom units and one one-bedroom unit near transit, shopping, universities, and Branch Brook Park.

Property SizeContact for details
Days on Market39

Property Features for 61 Victoria Ave

General Information

Standard status Active
Property subtype Multi-Family

Building Details

Year Built 1872
Listing Agency: THE THOMPSON REALTY GROUP
Listed By: BRIDGET PAPINO
Source: Luminancerealty
Added: Jul 23 Changed: Aug 29 Last Checked: Aug 29 at 3:05PM

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 THE THOMPSON REALTY GROUP

Investment Insights

Based on property information with market context.

This brick triplex contains three residential apartments with a practical unit mix. The first and third units each offer two bedrooms and one full bathroom, while the second unit provides one bedroom and one bathroom. Constructed in 1872, the property presents an established multifamily configuration for an investor or owner-occupant.

The building is located at 61 Victoria Ave in Newark, near Branch Brook Park and downtown Newark. Shopping, universities, NYC transportation, and public transit options are all identified in the surrounding area. Ample on-street parking is available, and a community garden directly adjacent to the property adds an additional neighborhood amenity.

Key Highlights

  • Three‑unit brick triplex at 61 Victoria Ave, Newark City, NJ 07104
  • Units 1 and 3 each feature 2 bedrooms and 1 full bath
  • Unit 2 includes 1 bedroom and 1 bathroom

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Pet Grooming Service Real Estate Agency (Bike/Boat/Book/etc) Store Carpet & Flooring Store Veterinary Clinic Tanning Salon

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

2,062
Businesses Nearby

Demographics for 07104, NJ

54,051
Population
21,762
Households
2.5
Avg Household Size
35
Median Age
21%
College-Educated
71%
High-School Grad
2.5 sq mi
ZIP Area
21,620
Density / Sq Mi
$51,199
Median Household Income
$36,139
Median Earnings
$1,343
Median Rent
$337,400
Median Home Value

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 apartments include two two-bedroom units and one one-bedroom unit near transit, shopping, universities, and Branch Brook Park.
Where is this triplex located?
The property is located at 61 Victoria Ave Newark, NJ.
What is the asking price?
The asking price for this property is $568,999.
What are key features of this property?
This property features: Three‑unit brick triplex at 61 Victoria Ave, Newark City, NJ 07104; Units 1 and 3 each feature 2 bedrooms and 1 full bath; Unit 2 includes 1 bedroom and 1 bathroom
More about this property
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