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Three-Family Property with Basement
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For Sale
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172 N 12th Street, Newark, NJ 07107

Renovated upper-floor units accompany a property requiring substantial work to its plumbing and heating systems.

Property SizeContact for details
Days on Market3

Property Features for 172 N 12th Street

General Information

Standard status Active
Property subtype Multi Family 2-4 Units

Property Condition

Severity Major Repairs Needed
Evidence requires additional extensive renovations, including plumbing and heating systems

Site & Location

Neighborhood Fairmount
Public Transit Yes

Additional Details

Multifamily Units 3
Listing Agency: EXP Realty, LLC
Listed By: Naeem Boucher · License #1642932
Source: Capmarkrealty
Added: Oct 30 Last Checked: Nov 1 at 2:41AM

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 EXP Realty, LLC

Rey
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Investment Insights

Based on property information with market context.

Configured as a three-family property, the building contains 7 bedrooms and 3 bathrooms, with a full basement accessed through a separate entrance. Renovations have been completed in the second- and third-floor units, and the rear portion of the roof has been replaced. The property was built in 1922 and requires extensive additional renovation, including work to the plumbing and heating systems.

The yard offers outdoor space, while walkability and transit scores are 78 and 64, respectively. The bike score is 50.

Key Highlights

  • Three‑family building with 7 bedrooms and 3 bathrooms
  • Full basement with a separate entrance
  • Second- and third‑floor units have been renovated

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

2,387
Businesses Nearby

Demographics for 07107, NJ

41,627
Population
16,084
Households
2.6
Avg Household Size
33
Median Age
13%
College-Educated
77%
High-School Grad
1.6 sq mi
ZIP Area
26,017
Density / Sq Mi
$49,892
Median Household Income
$35,700
Median Earnings
$1,259
Median Rent
$353,300
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 - Renovated upper-floor units accompany a property requiring substantial work to its plumbing and heating systems.
Where is this triplex located?
The property is located at 172 N 12th Street Newark, NJ.
What are key features of this property?
This property features: Three‑family building with 7 bedrooms and 3 bathrooms; Full basement with a separate entrance; Second- and third‑floor units have been renovated
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