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Three-Family Triplex with Parking
For Sale
$600,000

283-285 Smith St, Newark, NJ 07106

Multi-Family, Newark City, NJ

Property SizeContact for details
Lot Size0.09 Acres
Days on Market11

Property Features for 283-285 Smith St

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 8
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 1, Bathroom 2, Basement, Bathroom 1, Bedroom 2, Bedroom 6, Bedroom 7, Bedroom 3, Bedroom 4, Bathroom 3, Bedroom 5, Bedroom 8
Parking 4
Directions Google Maps
Standard status Active
Lot size 0.09 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 11797

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air
Water source Public

Amenities

forced hot air
hardwood floors
off street parking

Building Details

Year built 1926
Number of units 3
Listing Agency: KELLER WILLIAMS - NJ METRO GROUP · Keller Williams Realty
Listed By: BRENDAN DASILVA · License #1753996
Added: Aug 19 Changed: Aug 26 Last Checked: Aug 29 at 3:06PM
MLS# 4047788

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 legal three-family property at 283-285 Smith St in Newark City, NJ, was built in 1926 and sits on a 0.09-acre lot. The building includes eight bedrooms, three bathrooms, a basement, hardwood flooring, forced-air heating, and central air conditioning. Off-street parking adds practical convenience for occupants.

The property is served by public water and public sewer and is located in Essex County. Its three-family configuration, existing residential layout, and established building improvements provide a clear framework for multifamily ownership.

Key Highlights

  • Legal three‑family property at 283‑285 Smith St, Newark City, NJ
  • 0.09‑acre lot with a building constructed in 1926
  • Eight bedrooms and three bathrooms

Property Analytics

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

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
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Legal multifamily property with hardwood floors, forced-air heat, and central air.
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 at 283‑285 Smith St, Newark City, NJ; 0.09‑acre lot with a building constructed in 1926; Eight bedrooms and three bathrooms
More about this property
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