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Three-Family Triplex with Bonus Apartment
For Sale
$899,000

237 6th Avenue West, Newark, NJ 07107

Fully occupied residential income property with private parking, porch, patio, and walkout space.

Property Size999 SF
Price / SF$899.90
Days on Market166

Property Features for 237 6th Avenue West

General Information

Standard status Active
Size 999 SF
Property subtype Multi Family / 3-Three Story
Occupancy 100%
Net Operating Income $999

Site & Location

Highway Access Yes
Public Transit Yes

Additional Details

Multifamily Units 4

Taxes and HOA fees

Annual Taxes $9,337

Amenities

Yes
No
Asphalt Shingle
Carbon Monoxide Detector, Fire Extinguisher, Walk-In Closet
Finished, Walkout
Open Porch(es), Patio, SeeRem, Sidewalk, Vinyl Fence
Brick/Block, Vinyl Siding

Building Details

Year Built 1920
Buildings 1
Stories 3
Listing Agency: KELLER WILLIAMS - NJ METRO GROUP
Listed By: WILLIAM BARRAZA · License #294185
Source: Compass
Added: Mar 19 Changed: Aug 30 Last Checked: Aug 30 at 3:14PM

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 - NJ METRO GROUP

Investment Insights

Based on property information with market context.

Located at 237 6th Avenue West in Newark, this legal three-family, three-story residence includes a separate bonus apartment. The property dates to 1920 and offers private parking along with open porch and patio areas. Interior features include walk-in closet space, finished walkout areas, carbon monoxide detectors, and a fire extinguisher. Exterior materials include brick/block construction, vinyl siding, and an asphalt shingle roof.

The property is situated in North Newark near transit, highways, restaurants, and shopping. It is fully occupied and includes sidewalk access, vinyl fencing, and additional exterior features that support its residential income use.

Key Highlights

  • Legal three‑family, three‑story residence with bonus apartment
  • Fully occupied property with private parking
  • 1920 construction with brick/block and vinyl siding

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Locksmith Acupuncture Computer & Electronic Repair Pet Store (Bike/Boat/Book/etc) 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

4
Residential units
100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,197
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 - Fully occupied residential income property with private parking, porch, patio, and walkout space.
Where is this triplex located?
The property is located at 237 6th Avenue West Newark, NJ.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Legal three‑family, three‑story residence with bonus apartment; Fully occupied property with private parking; 1920 construction with brick/block and vinyl siding
More about this property
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