Search
Updated 3-Unit Triplex
For Sale
$1,100,000

80 Elm St, Newark, NJ 07105

Three updated apartments offer flexible layouts for rental or owner-occupant use.

Property SizeContact for details
Days on Market110

Property Features for 80 Elm St

General Information

Standard status Active
Property subtype Multi Family

Additional Details

Public Transit Yes
Multifamily Units 3

Taxes and HOA fees

Annual Taxes $10,937

Building Details

Year Built 1902
Units 4
Listing Agency: NEW DIRECTION REALTY
Listed By: ANA A. SILVA · License #309700
Source: Elliman
Added: May 13 Changed: Aug 29 Last Checked: May 26 at 3:49AM

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 NEW DIRECTION REALTY

Investment Insights

Based on property information with market context.

Located at 80 Elm Street in Newark, this triplex contains three updated apartments with varied layouts suited to different household sizes. The first apartment includes 3 bedrooms and generous living areas. The second provides 3 bedrooms and 1 full bath, while the third offers 5 bedrooms and 2 full baths.

Built in 1902, the property combines brick/block and vinyl siding with asphalt shingle roofing. Interior features include wood floors and smoke detectors, while exterior improvements include a deck and sidewalk. The property is positioned near major highways, public transportation, shopping, schools, and parks.

Key Highlights

  • Three‑unit multifamily property with updated apartments
  • Apartment 1 includes 3 bedrooms and generous living areas
  • Apartment 2 offers 3 bedrooms and 1 full bath

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Veterinary Clinic Nursing Home (Bike/Boat/Book/etc) Store Buffet Tanning Salon Pet Grooming 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

5,899
Businesses Nearby

Demographics for 07105, NJ

50,870
Population
20,608
Households
2.5
Avg Household Size
35
Median Age
15%
College-Educated
70%
High-School Grad
4.6 sq mi
ZIP Area
11,059
Density / Sq Mi
$55,752
Median Household Income
$33,175
Median Earnings
$1,600
Median Rent
$445,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Triplex - Three updated apartments offer flexible layouts for rental or owner-occupant use.
Where is this triplex located?
The property is located at 80 Elm St Newark, NJ.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Three‑unit multifamily property with updated apartments; Apartment 1 includes 3 bedrooms and generous living areas; Apartment 2 offers 3 bedrooms and 1 full bath
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message