Triplex with New
For Sale
Contact for pricing
Pending
157 Grafton Ave, Newark, NJ 07104
Unit mix includes two three-bedroom apartments and one one-bedroom apartment.
Property SizeContact for details
Days on Market143
Property Features for 157 Grafton Ave
General Information
Standard status
Pending
Property subtype
Multifamily
Units
Unit Mix
2 x 3BR/1BA, 1 x 1BR/1BA
Multifamily Units
3
Listing Agency:
Keller Williams Realty - NJ Metro Group
(973) 783-7400
Listed By:
Brendan Dasilva · License #NJ
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 30 at 8:20PM
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 Keller Williams Realty - NJ Metro Group
Investment Insights
Based on property information with market context.
This Newark triplex contains three residential apartments with a practical mix of layouts: two units offer 3 bedrooms and 1 bathroom each, while the remaining unit has 1 bedroom and 1 bathroom. The property also benefits from a new roof backed by a transferable warranty and new boilers.
Located in Newark’s Forest Hills section at 157 Grafton Ave, the building provides an established multifamily configuration with varied unit sizes. The combination of three apartments, updated major building components, and a clearly defined unit mix creates a straightforward residential income property profile.
Located in Newark’s Forest Hills section at 157 Grafton Ave, the building provides an established multifamily configuration with varied unit sizes. The combination of three apartments, updated major building components, and a clearly defined unit mix creates a straightforward residential income property profile.
Key Highlights
- Three‑family property in Newark’s Forest Hills section
- Two units with 3 bedrooms and 1 bathroom each
- Third unit with 1 bedroom and 1 bathroom
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,281
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Unit mix includes two three-bedroom apartments and one one-bedroom apartment.
Where is this triplex located?
The property is located at 157 Grafton Ave Newark, NJ.
What are key features of this property?
This property features: Three‑family property in Newark’s Forest Hills section; Two units with 3 bedrooms and 1 bathroom each; Third unit with 1 bedroom and 1 bathroom
