Brick 3-Family in
For Sale
$849,000
Pending
149 Union St, Newark, NJ 07105
Solid brick 3-family near Newark-Penn Station.
Property SizeContact for details
Lot Size0.05 Acres
Days on Market172
Property Features for 149 Union St
General Information
Standard status
Pending
Lot size
0.05 Acres
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$8,997
Building Details
Year Built
1896
Units
3
Listing Agency:
(201) 997-7860
Listed By:
MANUEL COUTO
Source:
Elliman
Added: Mar 11
Changed: Aug 8
Last Checked: Aug 29 at 8:50AM
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 MANUEL COUTO
Investment Insights
Based on property information with market context.
This solid brick 3-family property is located in the heart of Newark's Ironbound neighborhood. Each of the three units features two bedrooms, one full bathroom, and living areas. The large room sizes provide comfortable living and strong rental appeal. The building's brick construction ensures long-term durability and minimal exterior maintenance. Situated just a five-minute walk from Newark-Penn Station, the property offers access to NJ Transit, PATH, Amtrak, and multiple bus lines, creating an effortless commute to New York City and surrounding areas. With high rental demand and the potential to increase value through updates, this 3-family stands out as a long-term investment in a prime Ironbound location. The property is being sold strictly AS-IS.
Key Highlights
- Prime Ironbound location in Newark, a highly desirable and vibrant neighborhood.
- Excellent transportation access: 5‑minute walk to Newark‑Penn Station (NJ Transit, PATH, Amtrak, buses) for easy commute to NYC.
- Solid brick construction ensures durability and low exterior maintenance.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
5,988
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Solid brick 3-family near Newark-Penn Station.
Where is this triplex located?
The property is located at 149 Union St Newark, NJ.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: Prime Ironbound location in Newark, a highly desirable and vibrant neighborhood.; Excellent transportation access: **5‑minute walk to Newark‑Penn Station (NJ Transit, PATH, Amtrak, buses) for easy commute to NYC.**; Solid brick construction ensures durability and low exterior maintenance.
