Listing Agency: RE/MAX Signature Homes h***@gmail.com Show Phone

Listed By: Heather Corrigan · License #301108 Show Phone

Source: Capmarkrealty

Added: Jun 19 Changed: Aug 30 Last Checked: Aug 30 at 1:30PM

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Investment Insights

Based on property information with market context.

This three-unit triplex at 348 13th Ave in Newark, NJ, was built in 1910. The property’s configuration supports multifamily occupancy across three residential units.

Transportation-oriented location metrics include a walkScore of 69, rated Somewhat Walkable; a bikeScore of 50, rated Bikeable; and a transitScore of 61, rated Good Transit.

Key Highlights

• Three‑unit triplex at 348 13th Ave, Newark, NJ 07103‑3794
• Built in 1910
• walkScore: 69, Somewhat Walkable

Property Analytics

Property Profile

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency (Bike/Boat/Book/etc) Store Carpet & Flooring Store Veterinary Clinic Acupuncture

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

2,627

Businesses Nearby

Explore this area Business Placement

Demographics for 07103, NJ

39,439

Population

13,832

Households

2.9

Avg Household Size

30

Median Age

21%

College-Educated

81%

High-School Grad

2.2 sq mi

ZIP Area

17,927

Density / Sq Mi

$42,397

Median Household Income

$34,278

Median Earnings

$1,289

Median Rent

$259,300

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

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Frequently Asked Questions

What type of property is this?

Triplex - Multifamily property with documented walkability, bikeability, and transit access.

Where is this triplex located?

The property is located at 348 13th Avenue Newark, NJ.

What are key features of this property?

This property features: Three‑unit triplex at 348 13th Ave, Newark, NJ 07103‑3794; Built in 1910; walkScore: 69, Somewhat Walkable