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New Three-Family House Under Construction
For Sale
$1,100,000
Pending

28 Garibaldi Ave, Newark, NJ 07114

New construction triplex near Newark Airport with tax abatement.

Property SizeContact for details
Lot Size0.10 Acres
Days on Market275

Property Features for 28 Garibaldi Ave

General Information

Standard status Pending
Lot size 0.10 Acres
Property subtype Multi Family

Taxes and HOA fees

Annual Taxes $2,471

Building Details

Year Built 2025
Units 3
Listing Agency:
Listed By: GIANCARLO VARGAS
Source: Elliman
Added: Nov 27, 2025 Changed: Aug 17 Last Checked: Aug 29 at 10:46AM

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 GIANCARLO VARGAS

Investment Insights

Based on property information with market context.

This is a new three-family house under construction. Located near Newark Liberty International Airport, the property qualifies for a 10-year home warranty and a 5-year tax abatement. The house is expected to be ready by Summer. Note that provided pictures are for reference only.

Key Highlights

  • Brand new 3‑family house under construction.
  • Qualifies for a 10‑year home warranty.
  • Take advantage of the 5‑year tax abatement.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply Gym & Fitness Center Electrical Service Kitchen & Bath Showroom

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

576
Businesses Nearby

Demographics for 07114, NJ

17,767
Population
4,694
Households
3.8
Avg Household Size
39
Median Age
9%
College-Educated
69%
High-School Grad
7.9 sq mi
ZIP Area
2,249
Density / Sq Mi
$34,167
Median Household Income
$35,916
Median Earnings
$616
Median Rent
$384,700
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 - New construction triplex near Newark Airport with tax abatement.
Where is this triplex located?
The property is located at 28 Garibaldi Ave Newark, NJ.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Brand new 3‑family house under construction.; Qualifies for a 10‑year home warranty.; Take advantage of the 5‑year tax abatement.
More about this property
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