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Three-Unit Multifamily Property
For Sale
$749,000

225 Chadwick Ave, Newark, NJ 07108

The third-floor residence has been renovated, providing an updated element within the property’s three-unit configuration.

Property SizeContact for details
Days on Market25

Property Features for 225 Chadwick Ave

General Information

Standard status Active
Property subtype Multi Family Home
Net Operating Income $6,000

Site & Location

Neighborhood Lower Clinton Hill
Highway Access Yes

Additional Details

Multifamily Units 3

Building Details

Year Built 1912
Units 3
Listing Agency: Exp Realty, LLC
Listed By: David Anthony Giron
Source: Culturaunitedrealty
Added: Oct 1 Changed: Oct 23 Last Checked: Oct 23 at 3:57PM

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

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Investment Insights

Based on property information with market context.

Built in 1912, this multifamily property contains three distinct residential units. The third-floor apartment has undergone renovation, while the building’s overall layout provides separate living spaces across the three residences.

The property is in Newark, with access to major highways and transportation options serving the surrounding area.

Key Highlights

  • Three separate residential units
  • Renovated third‑floor apartment
  • Built in 1912

Property Analytics

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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
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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 - The third-floor residence has been renovated, providing an updated element within the property’s three-unit configuration.
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 separate residential units; Renovated third‑floor apartment; Built in 1912
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