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New Construction Triplex
For Sale
$1,100,000
Pending

20-22 Garibaldi Ave, Newark, NJ 07114

Three-family residence under construction near Newark Liberty International Airport.

Property Size29,997 SF
Days on Market593

Property Features for 20-22 Garibaldi Ave

General Information

Standard status Pending
Size 29,997 SF
Property subtype Multi Family

Taxes and HOA fees

Annual Taxes $2,471

Building Details

Year Built 2026
Listing Agency: SKY REALTY ASSOCIATES
Listed By: GIANCARLO VARGAS
Source: Exitrealty
Added: Jan 17, 2025 Changed: Sep 1 Last Checked: Sep 1 at 6:02PM

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 SKY REALTY ASSOCIATES

Investment Insights

Based on property information with market context.

This triplex is a three-family residential property under construction at 20-22 Garibaldi Ave in Newark City, New Jersey. The building is identified with a 2026 year built and is positioned next to Newark Liberty International Airport.

The property qualifies for a 5-year tax abatement and includes a 10-year home warranty. These terms accompany the new-construction residential configuration and may be relevant to owners evaluating a multifamily property with three family residences.

Key Highlights

  • Three‑family residential property under construction
  • 2026 year built
  • Next to Newark Liberty International Airport

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply Electrical Service Kitchen & Bath Showroom Gym & Fitness Center

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

597
Businesses Nearby

Demographics for 07114, NJ

17,767
Population
4,694
Households
3.8
Avg Household Size
39
Median Age
9%
College-Educated
69%
High-School Grad
7.9 sq mi
ZIP Area
2,249
Density / Sq Mi
$34,167
Median Household Income
$35,916
Median Earnings
$616
Median Rent
$384,700
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
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Frequently Asked Questions

What type of property is this?
Triplex - Three-family residence under construction near Newark Liberty International Airport.
Where is this triplex located?
The property is located at 20-22 Garibaldi Ave 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‑family residential property under construction; 2026 year built; Next to Newark Liberty International Airport
More about this property
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