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3-Unit Triplex with Garage
For Sale
$825,000

163 Dewey St, Newark, NJ 07112

Multi-Family, 3-Three Story, Newark City, NJ

Property SizeContact for details
Lot Size0.08 Acres
Days on Market63
Rey
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Property Features for 163 Dewey St

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 7
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 6, Basement, Bedroom 3, Bedroom 7, Bathroom 2, Bedroom 1, Bedroom 5, Bathroom 4, Bathroom 3, Bedroom 2, Bedroom 4, Bathroom 1
Parking 3
Lot features Corner
Directions 78 to Lyons to Dewey St
Standard status Active
Lot size 0.08 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 12656

Utilities

Sewer type Public Sewer
Water source Public

Amenities

private balcony

Building Details

Year built 1928
Floors in Building 3
Number of units 3
Architectural style Other
Listing Agency: EXIT PLATINUM REALTY · EXIT Realty
Listed By: DAVON CRUTCHFIELD · License #404090
Added: Aug 14 Changed: Oct 13 Last Checked: Oct 15 at 3:06PM
MLS# 4047022

Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This three-unit residential property in Newark sits on a 0.08-acre corner parcel and dates to 1928. The first-floor apartment has a spacious entry foyer, while the second-floor unit provides two full bathrooms and a balcony. A three-car garage is also part of the property. Public water and sewer serve the site.

The property is being sold as-is. The buyer is responsible for obtaining certificates, inspections, and permits required for closing.

Key Highlights

  • Three‑family property on a 0.08‑acre corner lot
  • Three‑car garage
  • Second‑floor apartment includes a private balcony and two full bathrooms

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Gym & Fitness Center Skin Care Clinic Acupuncture

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

1,830
Businesses Nearby

Demographics for 07112, NJ

29,773
Population
11,779
Households
2.5
Avg Household Size
34
Median Age
18%
College-Educated
86%
High-School Grad
1.4 sq mi
ZIP Area
21,266
Density / Sq Mi
$55,171
Median Household Income
$35,709
Median Earnings
$1,334
Median Rent
$306,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - A corner-lot residence includes a private balcony and a three-car garage.
Where is this triplex located?
The property is located at 163 Dewey St Newark, NJ.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Three‑family property on a 0.08‑acre corner lot; Three‑car garage; Second‑floor apartment includes a private balcony and two full bathrooms
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