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Three-Unit Triplex with Backyard
New
For Sale
$650,000

224 12Th Ave, Newark, NJ 07107

MULTI_FAMILY - Newark City, NJ

Property SizeContact for details
Lot Size0.06 Acres
Days on Market2

Property Features for 224 12Th Ave

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 6, Bathroom 3, Bathroom 2, Basement, Bathroom 1, Bedroom 3, Bedroom 4, Bedroom 5, Bedroom 2, Bedroom 1
Directions GPS Bergen to 12th
Standard status Active
Lot size 0.06 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 10157

Utilities

Sewer type Public Sewer
Heating system Baseboard, Hot Water(Heating)
Water source Public

Building Details

Year built 1897
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 10 Last Checked: Aug 11 at 10:06AM
MLS# 4046046

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.

Built in 1897, this triplex contains three separate residential units, a basement, three bathrooms, and six bedrooms. The property includes a large backyard and is offered strictly as-is. Heating is provided by baseboard and hot water systems, with public water and public sewer serving the property.

Located at 224 12th Ave in Newark, the property is approximately 5 minutes from Rutgers University, 10 minutes from Downtown Newark, and less than 20 minutes from Newark Penn Station. The buyer is responsible for obtaining the Certificate of Occupancy.

Key Highlights

  • Three separate residential units in a triplex configuration
  • 0.06‑acre lot with a large backyard
  • Six bedrooms and three bathrooms

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm (Bike/Boat/Book/etc) Store Real Estate Agency Carpet & Flooring Store Veterinary Clinic Tanning Salon

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

2,590
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
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Frequently Asked Questions

What type of property is this?
Triplex - Three separate units and a backyard support flexible residential income use.
Where is this triplex located?
The property is located at 224 12Th Ave Newark, NJ.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Three separate residential units in a triplex configuration; 0.06‑acre lot with a large backyard; Six bedrooms and three bathrooms
More about this property
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