Legal Three-Family with 9-Spot
For Sale
$849,999
Pending
272 Parker St, Newark, NJ 07104
Three-unit property includes 2-bedroom layouts and substantial parking, plus a finished basement for added flexibility.
Property SizeContact for details
Days on Market61
Property Features for 272 Parker St
General Information
Standard status
Pending
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$13,172
Building Details
Year Built
1887
Units
3
Listing Agency:
RE/MAX LIFETIME REALTORS
(908) 688-2828
Listed By:
EMANUELA MOREIRA
Source:
Elliman
Added: Jun 12
Changed: Aug 8
Last Checked: Aug 11 at 7:10AM
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 LIFETIME REALTORS
Investment Insights
Based on property information with market context.
This is a legal three-family property configured as three separate units, with each unit offering two bedrooms, one bathroom, a living room, and a kitchen. The home includes a finished basement that can provide additional flexible interior space. The property sits on an oversized 50x100 lot and is designed with parking for up to 9 vehicles, a significant utility for a multi-family in this area.
Located in North Newark, the property is described as being just steps from the park, with convenient access to highways and public transportation. It is also close to shopping and dining, supporting day-to-day convenience for residents.
The consistent unit layout makes this building workable for both investors and owner-occupants, since each residence includes the same core room configuration. With parking for up to 9 vehicles and an additional finished basement, the property offers practical features that can help support resident needs across the three units.
Located in North Newark, the property is described as being just steps from the park, with convenient access to highways and public transportation. It is also close to shopping and dining, supporting day-to-day convenience for residents.
The consistent unit layout makes this building workable for both investors and owner-occupants, since each residence includes the same core room configuration. With parking for up to 9 vehicles and an additional finished basement, the property offers practical features that can help support resident needs across the three units.
Key Highlights
- Legal 3‑family property built in 1887
- Three units, each with 2 bedrooms, 1 bath, living room, and kitchen
- Oversized 50x100 lot
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,780
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three-unit property includes 2-bedroom layouts and substantial parking, plus a finished basement for added flexibility.
Where is this triplex located?
The property is located at 272 Parker St Newark, NJ.
What is the asking price?
The asking price for this property is $849,999.
What are key features of this property?
This property features: Legal 3‑family property built in 1887; Three units, each with 2 bedrooms, 1 bath, living room, and kitchen; Oversized 50x100 lot
