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Well-Maintained Newark Triplex For Sale
For Sale
Contact for pricing
Pending

250 Wainwright St, Newark, NJ 07112

Three-unit property near major highways and Newark Airport.

Property SizeContact for details
Days on Market141

Property Features for 250 Wainwright St

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: WEICHERT REALTORS NEW GROUP
Listed By: Mario Espada · License #NJ 9589220
Source: Crexi
Added: Apr 11 Changed: Aug 22 Last Checked: Aug 29 at 6:55PM

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 WEICHERT REALTORS NEW GROUP

Investment Insights

Based on property information with market context.

This well-maintained three-unit house is located close to major highways 78, 22, 1 & 9, the New Jersey Turnpike, and Newark International Airport. The first floor features 5 rooms with 2 bedrooms and 1 bath. The second floor includes 4 rooms with 2 bedrooms and 1 bath. The third floor offers 3 rooms with 1 bedroom and 1 bath. The property has separate utilities, a 3-car garage, and a long driveway to accommodate 2 or 3 more cars. All tenants are month-to-month with no leases and are long-time, good-paying tenants.

Key Highlights

  • Excellent Location: Close to major highways, New Jersey Turnpike, and Newark International Airport.
  • Well‑Maintained 3‑Unit House: Offers multiple rental income opportunities.
  • Separate Utilities: Simplifies management and tenant billing.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Gym & Fitness Center Acupuncture Skin Care 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.

Location Intelligence

Trade Area within ½ mile

1,733
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

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-unit property near major highways and Newark Airport.
Where is this triplex located?
The property is located at 250 Wainwright St Newark, NJ.
What are key features of this property?
This property features: Excellent Location: Close to major highways, New Jersey Turnpike, and Newark International Airport.; Well‑Maintained 3‑Unit House: Offers multiple rental income opportunities.; Separate Utilities: Simplifies management and tenant billing.
More about this property
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