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Occupied Triplex Multifamily Property
For Sale
$485,000

244 Leslie St, Newark, NJ 07112

The Newark property has access to public transportation, shopping, dining, and major roadways.

Property SizeContact for details
Days on Market14

Property Features for 244 Leslie St

General Information

Standard status Active
Property subtype Multi Family Home
Occupancy 100%

Site & Location

Neighborhood Weequahic
Public Transit Yes

Units

Unit Mix 2 x 3BR/1BA, 1 x 1BR/1BA
Multifamily Units 3

Additional Details

Tenant in Place Yes

Building Details

Year Built 1905
Units 2
Listing Agency: Re/Max Professionals I
Listed By: Jorge Velasquez · License #259491
Source: Culturaunitedrealty
Added: Oct 12 Changed: Oct 24 Last Checked: Oct 23 at 5:24PM

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 Re/Max Professionals I

Rey
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Investment Insights

Based on property information with market context.

This multifamily property in Newark was built in 1905 and is currently fully occupied. The available information describes residential units with one-bedroom and three-bedroom layouts, each with a full bathroom, though the stated unit count is inconsistent.

The property is in Newark, with access to local shopping, dining, public transportation, and major roadways. City certificates are the buyer’s responsibility.

Key Highlights

  • Built in 1905
  • Currently fully occupied
  • Residential layouts include one‑bedroom and three‑bedroom units, each with one full bathroom

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

3
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,776
Businesses Nearby

Demographics for 07112, NJ

29,773
Population
11,779
Households
2.5
Avg Household Size
34
Median Age
18%
College-Educated
86%
High-School Grad
1.4 sq mi
ZIP Area
21,266
Density / Sq Mi
$55,171
Median Household Income
$35,709
Median Earnings
$1,334
Median Rent
$306,100
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

Frequently Asked Questions

What type of property is this?
Triplex - The Newark property has access to public transportation, shopping, dining, and major roadways.
Where is this triplex located?
The property is located at 244 Leslie St Newark, NJ.
What is the asking price?
The asking price for this property is $485,000.
What are key features of this property?
This property features: Built in 1905; Currently fully occupied; Residential layouts include one‑bedroom and three‑bedroom units, each with one full bathroom
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