Triplex with Finished
For Sale
Contact for pricing
Pending
402 N 3rd Street, East Newark, NJ 07029
Fully leased property with separate utilities and a finished lower level.
Property SizeContact for details
Days on Market40
Property Features for 402 N 3rd Street
General Information
Standard status
Pending
Property subtype
Multi Family 2-4 Units
Occupancy
100%
Units
Unit Mix
2 x 2BR/1BA, 1 x 3BR/1BA
Multifamily Units
3
Additional Details
Utilities to Site
Yes
Building Details
Buildings
1
Tenancy
Multi
Listing Agency:
Coccia Realty Better Homes & Gardens
(201) 702-9398
Listed By:
Guillaume DaSilva
(201) 702-9398
Source:
Capmarkrealty
Added: Jul 24
Changed: Aug 30
Last Checked: Aug 30 at 10:57PM
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 Coccia Realty Better Homes & Gardens
Investment Insights
Based on property information with market context.
This three-unit triplex includes two first-floor apartments and a second-floor residence with a finished attic. The front first-floor apartment has 4 rooms, 2 bedrooms, and 1 bathroom, while the rear apartment offers 5 rooms, 3 bedrooms, 1 bathroom, and access to the basement. The upper unit contains 5 rooms, 2 bedrooms, and 1 bathroom. Hardwood flooring complements tiled kitchens and bathrooms throughout the residences.
A finished basement adds a recreation room and full bathroom, with its own entrance. Building systems include 3 separate gas hot-water baseboard heating systems, 3 water heaters, and separate gas and electric meters. The property is fully rented, and its state inspection remains valid until 10/7/2027. It is located at 402 N 3rd Street in East Newark, NJ 07029, with access to Harrison PATH within 20 minutes.
A finished basement adds a recreation room and full bathroom, with its own entrance. Building systems include 3 separate gas hot-water baseboard heating systems, 3 water heaters, and separate gas and electric meters. The property is fully rented, and its state inspection remains valid until 10/7/2027. It is located at 402 N 3rd Street in East Newark, NJ 07029, with access to Harrison PATH within 20 minutes.
Key Highlights
- Three‑unit property with two first‑floor apartments and one second‑floor unit
- Front apartment: 4 rooms, 2 bedrooms, and 1 bathroom
- Rear apartment: 5 rooms, 3 bedrooms, 1 bathroom, plus basement access
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,154
Businesses Nearby
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Business Placement
Demographics for 07029, NJ
22,044
Population
10,485
Households
2.1
Avg Household Size
33
Median Age
47%
College-Educated
87%
High-School Grad
1.3 sq mi
ZIP Area
16,957
Density / Sq Mi
$80,495
Median Household Income
$52,097
Median Earnings
$2,036
Median Rent
$433,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Triplex - Fully leased property with separate utilities and a finished lower level.
Where is this triplex located?
The property is located at 402 N 3rd Street East Newark, NJ.
What are key features of this property?
This property features: Three‑unit property with two first‑floor apartments and one second‑floor unit; Front apartment: 4 rooms, 2 bedrooms, and 1 bathroom; Rear apartment: 5 rooms, 3 bedrooms, 1 bathroom, plus basement access
