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Three-Family Residential Income
For Sale
$690,000
Pending

37 Springdale Avenue, Newark, NJ 07107

Three-family home with an owner-occupied first floor, plus vacant second-floor space with hardwood floors, private yard, and a 1-car detached garage.

Property Size650 SF
Days on Market181

Property Features for 37 Springdale Avenue

General Information

Standard status Pending
Size 650 SF
Total Parking Spaces 1
Property subtype 2-4 Family

Additional Details

Highway Access Yes
Multifamily Units 3

Taxes and HOA fees

Annual Taxes $8,613

Amenities

5
4
4.0
13

Building Details

Year Built 1900
Listing Agency: REALTY ONE GROUP LIVING
Listed By: SERVIO MONTERO · License #233551
Source: Compass
Added: Mar 10 Changed: Aug 8 Last Checked: Jul 24 at 1:43PM

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 REALTY ONE GROUP LIVING

Investment Insights

Based on property information with market context.

This three-family residential income property features an owner-occupied first floor and a vacant second floor with hardwood floors and two bedrooms. The exterior includes a private yard area and a 1-car detached garage.

The home is located in the north section of Newark near schools, shopping, houses of worship, and Branch Brook Park. Public transit options described in the remarks include NJ Transit bus lines and light rail, with access to major highways for trips to Downtown Newark, universities, and NYC.

The property is being sold strictly as-is, and the buyer is responsible for applying for and obtaining all required City of Newark certificates to close.

Key Highlights

  • Versatile 3‑family home with owner‑occupied first floor and vacant second‑floor space
  • Vacant second floor offers 2 bedrooms and hardwood floors
  • Finished full basement and interior features include wood floors, fire extinguisher, and smoke detectors

Property Analytics

Current Use

Triplexes

Suggested Use

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

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
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,306
Businesses Nearby

Demographics for 07107, NJ

41,627
Population
16,084
Households
2.6
Avg Household Size
33
Median Age
13%
College-Educated
77%
High-School Grad
1.6 sq mi
ZIP Area
26,017
Density / Sq Mi
$49,892
Median Household Income
$35,700
Median Earnings
$1,259
Median Rent
$353,300
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 - Three-family home with an owner-occupied first floor, plus vacant second-floor space with hardwood floors, private yard, and a 1-car detached garage.
Where is this triplex located?
The property is located at 37 Springdale Avenue Newark, NJ.
What is the asking price?
The asking price for this property is $690,000.
What are key features of this property?
This property features: Versatile 3‑family home with owner‑occupied first floor and vacant second‑floor space; Vacant second floor offers 2 bedrooms and hardwood floors; Finished full basement and interior features include wood floors, fire extinguisher, and smoke detectors
More about this property
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