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Renovated Three-Unit Residential Income
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14 Halsted St, Newton, NJ 07860

Renovated three-family property with two 2-bedroom apartments and one 3-bedroom unit, plus recent roof, systems, and interior upgrades.

Property SizeContact for details
Days on Market122

Property Features for 14 Halsted St

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 3
Listing Agency: Fairclough Realtors
Listed By: Marc Weitz · License #NJ
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 11:49AM

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 Fairclough Realtors

Investment Insights

Based on property information with market context.

This mostly renovated three-family residential income property includes two 2-bedroom apartments and one 3-bedroom apartment. Recent improvements noted include a new roof, new trim and gutters, boiler and gas heat conversion, updated windows, exterior and interior painting, skylights, and a renovated bathroom.

The listing is for a large 3-family in Newton, NJ, at 14 Halsted St. The seller states rents are under market and that apartment demand in Newton remains strong due to local companies continuing to add jobs.

With the major upgrades already completed, the property offers an opportunity for a new owner to realize additional upside through rent increases.

Key Highlights

  • Renovated large 3‑family in Newton, NJ with two 2‑bedroom apartments and one 3‑bedroom apartment
  • Recent improvements include new roof, trim, and gutters
  • Updated heating systems with boiler and gas heat conversion

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Storage Facility Bakery Grocery & Convenience Store Veterinary Clinic

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

1,035
Businesses Nearby

Demographics for 07860, NJ

25,704
Population
11,473
Households
2.2
Avg Household Size
46
Median Age
40%
College-Educated
95%
High-School Grad
100.2 sq mi
ZIP Area
257
Density / Sq Mi
$104,113
Median Household Income
$53,509
Median Earnings
$1,437
Median Rent
$336,600
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 - Renovated three-family property with two 2-bedroom apartments and one 3-bedroom unit, plus recent roof, systems, and interior upgrades.
Where is this triplex located?
The property is located at 14 Halsted St Newton, NJ.
What are key features of this property?
This property features: Renovated large 3‑family in Newton, NJ with two 2‑bedroom apartments and one 3‑bedroom apartment; Recent improvements include new roof, trim, and gutters; Updated heating systems with boiler and gas heat conversion
(973) 726-7800 Call to check price and availability
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