Three-Unit Residential
New
For Sale
$769,000
196 Fairmount Avenue, Newark, NJ 07103
All residences are vacant, with each offering three bedrooms and one-and-a-half bathrooms.
Property SizeContact for details
Days on Market3
Property Features for 196 Fairmount Avenue
General Information
Standard status
Active
Property subtype
Residential Income
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
3 x 3BR/1.5BA
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$10,561
Amenities
3 Family
Listing Agency:
KELLER WILLIAMS CITY VIEWS REALTY
Listed By:
Andrea Alummootil · License #279008
(201) 406-8015
Source:
Evrealestate
Added: Oct 13
Changed: Oct 15
Last Checked: Oct 14 at 9:08PM
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 CITY VIEWS REALTY
Investment Insights
Based on property information with market context.
This 1877 triplex contains three units, each configured with three bedrooms and one-and-a-half bathrooms. All three residences are vacant. Flooring has been replaced, and kitchen and bathroom updates are scheduled for completion before closing. An unfinished basement provides additional storage space.
The property is near schools, a hospital, shopping, dining, public transportation, and major highways.
The property is near schools, a hospital, shopping, dining, public transportation, and major highways.
Key Highlights
- Three vacant units, each with 3 bedrooms and 1.5 bathrooms
- Unfinished basement provides storage space
- New flooring; kitchen and bathroom work planned for completion before closing
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,671
Businesses Nearby
Explore this area
Business Placement
Demographics for 07103, NJ
39,439
Population
13,832
Households
2.9
Avg Household Size
30
Median Age
21%
College-Educated
81%
High-School Grad
2.2 sq mi
ZIP Area
17,927
Density / Sq Mi
$42,397
Median Household Income
$34,278
Median Earnings
$1,289
Median Rent
$259,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Triplex - All residences are vacant, with each offering three bedrooms and one-and-a-half bathrooms.
Where is this triplex located?
The property is located at 196 Fairmount Avenue Newark, NJ.
What is the asking price?
The asking price for this property is $769,000.
What are key features of this property?
This property features: Three vacant units, each with 3 bedrooms and 1.5 bathrooms; Unfinished basement provides storage space; New flooring; kitchen and bathroom work planned for completion before closing
