Search
Triplex with Finished Basement
For Sale
$725,000
Pending

254 Parker St, Newark, NJ 07104

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

Property SizeContact for details
Lot Size0.08 Acres
Days on Market100

Property Features for 254 Parker St

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 7
Bathrooms 4
Full bathrooms 4
Rooms Basement, Bathroom 1, Bedroom 3, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 6, Bedroom 7, Bathroom 3, Bedroom 4, Bedroom 5
Parking 3
Patio and Porch features Deck, Patio
Interior features Carbon Monoxide Detector, Smoke Detector, Stone Floors, Wood Floors
Exterior features Deck, Patio
Lot features Level Lot
Elementary school R CLEMENTE
Middle school R CLEMENTE
High school BARRINGER
Directions BLOOMFIELD AVE TO PARKER ST ONE WAY STREET OR 2ND AVE TO PARKER ST
Standard status Pending
Lot size 0.08 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 7214

Utilities

Sewer type Public Sewer
Heating system Steam, Other (Heating)
Water source Public

Amenities

deck
porch
finished basement

Building Details

Year built 1907
Floors in Building 3
Number of units 3
Roof type Rubber
Architectural style Other
Listing Agency: C-21 CEDARCREST REALTY · Century 21 Real Estate
Listed By: MARIA ZARRO
Added: Jun 1 Changed: Sep 3 Last Checked: Sep 8 at 4:06AM
MLS# 4031288

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 Newark triplex, built in 1907, includes three residential units with spacious layouts, eat-in kitchens, ample closet storage, and wood flooring. The first and second floors each include three bedrooms. Additional improvements include a finished basement with a full bathroom, a two-car garage, and extra parking that can also serve as patio space. A deck extends from the kitchen, while the second-floor primary bedroom has access to a large porch.

Each unit pays its own electric and gas. The property is served by public water and public sewer, with steam and other heating systems. Tenancies are month-to-month. The 0.08-acre property is located at 254 Parker St in Newark City, with bus service, the city, the PATH, and shops identified nearby in the property information.

Key Highlights

  • Triplex on a 0.08‑acre lot, built in 1907
  • First- and second‑floor units each include 3 bedrooms
  • Finished basement with a full bathroom

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Skin Care Clinic (Bike/Boat/Book/etc) Store Computer & Electronic Repair 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

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,630
Businesses Nearby

Demographics for 07104, NJ

54,051
Population
21,762
Households
2.5
Avg Household Size
35
Median Age
21%
College-Educated
71%
High-School Grad
2.5 sq mi
ZIP Area
21,620
Density / Sq Mi
$51,199
Median Household Income
$36,139
Median Earnings
$1,343
Median Rent
$337,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Triplex - Spacious three-unit property with separate tenant-paid utilities, a finished basement, garage, deck, and patio.
Where is this triplex located?
The property is located at 254 Parker St Newark, NJ.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Triplex on a 0.08‑acre lot, built in 1907; First- and second‑floor units each include 3 bedrooms; Finished basement with a full bathroom
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message