Search
Renovated-Unit Triplex
For Sale
Contact for pricing
Pending

382 Walnut Street, Newark, NJ 07105

Vacant first-floor residence and detached garage complement three separately metered units in Newark’s Ironbound section.

Property SizeContact for details
Days on Market16

Property Features for 382 Walnut Street

General Information

Standard status Pending
Total Parking Spaces 3
Property subtype Multi Family 2-4 Units

Site & Location

Highway Access Yes
Public Transit Yes

Units

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

Building Details

Stories 3
Listing Agency: Keller Williams Park Views
Listed By: Alfredo Silva · License #3172012
Source: Capmarkrealty
Added: Sep 12 Changed: Sep 26 Last Checked: Sep 26 at 4:41AM

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 Keller Williams Park Views

Investment Insights

Based on property information with market context.

This three-family property includes a vacant first-floor unit with three bedrooms, a living room, eat-in kitchen, and full bath. The second and third floors each provide two bedrooms, a living room, and a kitchen. The third-floor residence was fully renovated approximately 2 years ago. Across the building, features include hardwood flooring, baseboard heating, window A/C units, and newer windows installed approximately 2 years ago.

A finished basement adds usable space, while separate utilities support individual unit operations. The detached garage accommodates up to 3 cars. The property is located in Newark’s Ironbound section, near shopping, restaurants, public transportation, Downtown Newark, and major highways. An active Green Card is also in place.

Key Highlights

  • Three‑family property with a vacant first‑floor unit
  • Unit mix includes 3 bedrooms on the first floor and 2 bedrooms each on the second and third floors
  • Third‑floor unit fully renovated approximately 2 years ago

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Triplexes

Suggested Use

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

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

3,744
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Triplex - Vacant first-floor residence and detached garage complement three separately metered units in Newark’s Ironbound section.
Where is this triplex located?
The property is located at 382 Walnut Street Newark, NJ.
What are key features of this property?
This property features: Three‑family property with a vacant first‑floor unit; Unit mix includes 3 bedrooms on the first floor and 2 bedrooms each on the second and third floors; Third‑floor unit fully renovated approximately 2 years ago
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message