Three-Unit Multifamily
New
For Sale
$797,000
283 Lehigh Ave Unit 3, Newark, NJ 07112
Multifamily property with central AC in every unit and separately metered utilities.
Property SizeContact for details
Days on Market2
Property Features for 283 Lehigh Ave Unit 3
General Information
Standard status
Active
Property subtype
Multi-Family
Building Details
Year Built
9999
Listing Agency:
W. CHERY REAL ESTATE, INC.
Listed By:
LINUS C. KORIEOCHA · License #310384
(973) 372-1700
Source:
Luminancerealty
Added: Sep 2
Changed: Sep 3
Last Checked: Sep 3 at 2:16AM
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 W. CHERY REAL ESTATE, INC.
Investment Insights
Based on property information with market context.
This three-unit residential income property includes a varied unit mix designed for multifamily occupancy. Unit 1 contains 3 bedrooms and 2 full bathrooms, while Unit 2 offers 4 bedrooms and 2 full bathrooms. Unit 3 provides 2 bedrooms and 1 bathroom. Central AC is installed throughout, with separate utilities serving the units.
The property is located in Newark’s Weequahic section, with Beth Israel Hospital two blocks away. Its three-unit configuration and distinct utility setup provide a clear framework for operating the building as a multifamily rental property.
The property is located in Newark’s Weequahic section, with Beth Israel Hospital two blocks away. Its three-unit configuration and distinct utility setup provide a clear framework for operating the building as a multifamily rental property.
Key Highlights
- Three‑unit multifamily property in Newark’s Weequahic section
- Unit 1 includes 3 bedrooms and 2 full bathrooms
- Unit 2 includes 4 bedrooms and 2 full bathrooms
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,814
Businesses Nearby
Explore this area
Business Placement
Demographics for 07112, NJ
29,773
Population
11,779
Households
2.5
Avg Household Size
34
Median Age
18%
College-Educated
86%
High-School Grad
1.4 sq mi
ZIP Area
21,266
Density / Sq Mi
$55,171
Median Household Income
$35,709
Median Earnings
$1,334
Median Rent
$306,100
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 - Multifamily property with central AC in every unit and separately metered utilities.
Where is this triplex located?
The property is located at 283 Lehigh Ave Unit 3 Newark, NJ.
What is the asking price?
The asking price for this property is $797,000.
What are key features of this property?
This property features: Three‑unit multifamily property in Newark’s Weequahic section; Unit 1 includes 3 bedrooms and 2 full bathrooms; Unit 2 includes 4 bedrooms and 2 full bathrooms
