Building Details

Year Built 1926

Units 3

Listing Agency: Keller Williams - Nj Metro Group b***@kw.com Show Phone

Listed By: Brendan Dasilva · License #1753996 Show Phone

Source: Betterhomerealestate

Added: Aug 19 Changed: Aug 28 Last Checked: Aug 29 at 10:18AM

Report an Issue

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 Keller Williams - Nj Metro Group

Investment Insights

Based on property information with market context.

This three-family residential income property at 283-285 Smith St features hardwood flooring, forced-hot-air heating, and off-street parking. The building was constructed in 1926 and is identified as a legal three-family property.

Located in Newark City, New Jersey, the property offers a multifamily configuration suited to residential income use. The address is 283-285 Smith St, Newark City, NJ 07106.

Key Highlights

• Legal three‑family property
• Built in 1926
• Hardwood floors

Property Analytics

Property Profile

Current Use

Triplexes

Suggested Use

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

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

3

Residential units

Location Intelligence

Trade Area within ½ mile

1,127

Businesses Nearby

Explore this area Business Placement

Demographics for 07106, NJ

34,596

Population

13,633

Households

2.5

Avg Household Size

35

Median Age

18%

College-Educated

85%

High-School Grad

1.4 sq mi

ZIP Area

24,711

Density / Sq Mi

$48,105

Median Household Income

$34,820

Median Earnings

$1,221

Median Rent

$321,400

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this triplexes located? What is the asking price? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

Similar For Sale Nearby

Turnkey Restaurant and Lounge

246 Mulberry St, Newark, NJ 07102

$700,000

1,806 SF

View details

Mixed-Use Building with Commercial Space

52 Holland St, Newark, NJ 07103

$850,000

4,364 SF

View details

Brick Triplex with Gated Parking

64 Fabyan Place, Newark, NJ 07108

$649,999

4,178 SF

View details

Downtown Newark Mixed-Use Redevelopment Opportunity

118 Market St, Newark, NJ 07102

$1,695,000

10,000 SF

View details

Two-Story Duplex with Backyard

139 Osborne Ter, Newark, NJ 07108

$590,000

4,220 SF

View details

Renovated Duplex with Finished Basement

272 N 7Th St, Newark, NJ 07107

$679,900

1,577 SF

View details

Equipped Conventional Restaurant

16 Green St, Newark, NJ 07102

$125,000

850 SF

View details

Brick Quadplex with Hardwood Floors

435 Kerrigan Blvd, Newark, NJ 07106

$800,000

6,300 SF

View details

Mixed-Use Property on Park Avenue

294 PARK AVE Unit 0, Newark, NJ 07107

$650,000

2,139 SF

View details

Two-Family Duplex With Eight Bedrooms

711 S 11th St, Newark, NJ 07103

$789,999

4,238 SF

View details

Two-Unit Duplex with Garage

240 Wainwright St, Newark, NJ 07112

$599,900

2,400 SF

View details

New Construction Fourplex

108 Fleming Ave, Newark, NJ 07105

$1,599,900

5,535 SF

View details

Frequently Asked Questions

What type of property is this?

Triplex - 1926-built residential income property with hardwood floors, forced hot air, and off-street parking.

Where is this triplex located?

The property is located at 283-285 Smith St Newark, NJ.

What is the asking price?

The asking price for this property is $600,000.

What are key features of this property?

This property features: Legal three‑family property; Built in 1926; Hardwood floors