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Three-Unit Residential Triplex
For Sale
$749,000

225 Chadwick Ave, Newark, NJ 07108

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

Property SizeContact for details
Lot Size0.07 Acres
Days on Market10

Property Features for 225 Chadwick Ave

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 9
Bathrooms 6
Full bathrooms 6
Rooms Bedroom 3, Bathroom 3, Bedroom 2, Bedroom 1, Bathroom 2, Bathroom 5, Bedroom 8, Bedroom 7, Bedroom 5, Bedroom 9, Bathroom 6, Basement, Bathroom 1, Bedroom 6, Bathroom 4, Bedroom 4
Directions Chadwick and w runyon st.
Standard status Active
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 11885

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 1912
Floors in Building 3
Number of units 3
Roof type Shingle
Architectural style Other
Listing Agency: EXP REALTY, LLC
Listed By: DAVID ANTHONY GIRON
Added: Oct 1 Changed: Oct 8 Last Checked: Oct 10 at 10:06AM
MLS# 4057891

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 1912-built triplex contains three separate residences with a combined room inventory of nine bedrooms and six bathrooms. The third-floor unit has been renovated. The building has forced-air heating and central air conditioning, with a shingle roof.

The property occupies a 0.07-acre lot in Newark. Public water and sewer serve the building. Major highways and transportation options are accessible from the area.

Key Highlights

  • Three residential units
  • Third‑floor unit has been renovated
  • Room inventory includes 9 bedrooms and 6 bathrooms

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Skin Care Clinic Nursing Home Veterinary Clinic

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
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,247
Businesses Nearby

Demographics for 07108, NJ

28,715
Population
12,862
Households
2.2
Avg Household Size
32
Median Age
17%
College-Educated
85%
High-School Grad
1.4 sq mi
ZIP Area
20,511
Density / Sq Mi
$33,960
Median Household Income
$30,336
Median Earnings
$1,098
Median Rent
$326,900
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

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

What type of property is this?
Triplex - The third-floor residence has been renovated, and the property includes central air conditioning.
Where is this triplex located?
The property is located at 225 Chadwick Ave Newark, NJ.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: Three residential units; Third‑floor unit has been renovated; Room inventory includes 9 bedrooms and 6 bathrooms
More about this property
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