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Triplex with Finished Basement
New
For Sale
$1,100,000

30-34 Somme Street, Newark, NJ 07105

RDV zoning and an extra-large backyard complement the three residential units.

Property SizeContact for details
Days on Market4

Property Features for 30-34 Somme Street

General Information

Standard status Active
Property subtype Multi-Family
Zoning RDV

Units

Unit Mix 1 x 3BR/1BA, 2 x 2BR/1BA
Multifamily Units 3

Additional Details

Public Transit Yes

Amenities

finished basement
extra-large backyard

Building Details

Year Built 1920
Listing Agency: Weichert Home City Realty
Listed By: Augusto Verissimo · License #201412
Source: Pickpina
Added: Sep 6 Last Checked: Sep 8 at 3:55AM

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 Weichert Home City Realty

Investment Insights

Based on property information with market context.

This triplex contains three residential units with distinct layouts across the first, second, and third floors. The first-floor apartment is bi-level and includes a large kitchen, living room, dining area, 3 bedrooms, and 1 full bath. The upper two apartments each provide 2 bedrooms, a kitchen, living/dining area, and 1 full bath. A finished basement and extra-large backyard add further space to the property.

The property is located at 30-34 Somme Street in Newark’s Ironbound neighborhood, near Ferry Street restaurants, shopping, nightlife, parks, recreation, major highways, and public transportation. Newark Penn Station and Harrison PATH/NJ Transit are also nearby, with access toward New York City. The property is zoned RDV (Redevelopment).

Key Highlights

  • Three‑family property at 30‑34 Somme Street, Newark, NJ 07105
  • First‑floor bi‑level apartment with 3 bedrooms and 1 full bath
  • Second- and third‑floor apartments each include 2 bedrooms and 1 full bath

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Tanning Salon Nursing Home Pet Grooming Service Adult Day Care

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

2,771
Businesses Nearby

Demographics for 07105, NJ

50,870
Population
20,608
Households
2.5
Avg Household Size
35
Median Age
15%
College-Educated
70%
High-School Grad
4.6 sq mi
ZIP Area
11,059
Density / Sq Mi
$55,752
Median Household Income
$33,175
Median Earnings
$1,600
Median Rent
$445,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - RDV zoning and an extra-large backyard complement the three residential units.
Where is this triplex located?
The property is located at 30-34 Somme Street 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: Three‑family property at 30‑34 Somme Street, Newark, NJ 07105; First‑floor bi‑level apartment with 3 bedrooms and 1 full bath; Second- and third‑floor apartments each include 2 bedrooms and 1 full bath
More about this property
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