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Triplex with Three Garages
For Sale
$728,000

419 Jelliff Avenue, Newark, NJ 07112

Three-story multifamily property with two renovated residences and off-street parking.

Property Size1,100 SF
Price / SF$661.82
Days on Market168

Property Features for 419 Jelliff Avenue

General Information

Standard status Active
Size 1,100 SF
Total Parking Spaces 3
Property subtype Multi Family / 3-Three Story
Net Operating Income $69,600

Units

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

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $7,642

Amenities

No
Asphalt Shingle
Wood

Building Details

Year Built 1907
Buildings 1
Stories 3
Listing Agency: REALTY MARK ADVANTAGE
Listed By: PATREESE APPLEWHITE · License #409846
Source: Compass
Added: Mar 17 Changed: Aug 30 Last Checked: Aug 30 at 11:13AM

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 MARK ADVANTAGE

Investment Insights

Based on property information with market context.

This three-story triplex contains three separate units, each arranged with three bedrooms and one bathroom. Two of the units have been renovated, while the property also includes off-street parking through three garages. Built in 1907, the building offers a multi-unit configuration suited to residential income ownership or an owner-occupant arrangement.

The property is located at 419 Jelliff Avenue in Newark’s Upper Vailsburg neighborhood. Major highways and public transportation provide access toward New York City, while restaurants, shops, and nightlife are located nearby. The combination of three units, updated portions of the building, and dedicated garage parking defines the property’s practical operating profile.

Key Highlights

  • Three‑unit, three‑story triplex at 419 Jelliff Avenue
  • Each unit includes 3 bedrooms and 1 bathroom
  • Two units have been renovated

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic (Bike/Boat/Book/etc) Store Plumbing Service Veterinary Clinic

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

1,212
Businesses Nearby

Demographics for 07112, NJ

29,773
Population
11,779
Households
2.5
Avg Household Size
34
Median Age
18%
College-Educated
86%
High-School Grad
1.4 sq mi
ZIP Area
21,266
Density / Sq Mi
$55,171
Median Household Income
$35,709
Median Earnings
$1,334
Median Rent
$306,100
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-story multifamily property with two renovated residences and off-street parking.
Where is this triplex located?
The property is located at 419 Jelliff Avenue Newark, NJ.
What is the asking price?
The asking price for this property is $728,000.
What are key features of this property?
This property features: Three‑unit, three‑story triplex at 419 Jelliff Avenue; Each unit includes 3 bedrooms and 1 bathroom; Two units have been renovated
More about this property
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