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Updated Three-Story Duplex
For Sale
$550,000

173 3Rd St, Newark, NJ 07107

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

Property SizeContact for details
Lot Size0.07 Acres
Days on Market49

Property Features for 173 3Rd St

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 3, Bathroom 1, Bedroom 1, Bathroom 2, Bedroom 4, Bedroom 2, Bathroom 3, Basement
Directions Orange St turn right on 3rd St drive up and property is on the right
Standard status Active
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 7538

Utilities

Sewer type Public Sewer
Water source Public

Amenities

backyard

Building Details

Year built 1910
Floors in Building 3
Number of units 2
Roof type Shingle
Architectural style Other
Listing Agency: RE/MAX PROFESSIONALS I · RE/MAX International
Listed By: ALAIN BEADE
Added: Jul 21 Changed: Sep 4 Last Checked: Sep 7 at 9:06AM
MLS# 4042172

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 duplex was built in 1910 and has been newly updated. The property includes two residential units, with one vacant and ready for occupancy while the other is leased to a tenant. A generous backyard adds outdoor space, and the building sits on a 25-by-114-foot lot. Public water and public sewer serve the property, which has a shingle roof.

The Newark property is positioned just off Route 280, with access to major highways and NJ Transit. Payne Tech High School, shopping, dining, and other local amenities are nearby. Its two-unit configuration supports either separate rental occupancy or an owner-occupant arrangement with one residence available for personal use.

Key Highlights

  • Duplex on a 0.07‑acre lot measuring 25x114
  • One unit is vacant; the second unit is tenant occupied
  • Newly updated property built in 1910

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Computer & Electronic Repair Law Firm (Bike/Boat/Book/etc) Store Locksmith Carpet & Flooring Store

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

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,441
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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit property with one vacant residence and a second unit currently occupied by a tenant.
Where is this duplex located?
The property is located at 173 3Rd St Newark, NJ.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Duplex on a 0.07‑acre lot measuring 25x114; One unit is vacant; the second unit is tenant occupied; Newly updated property built in 1910
More about this property
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