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Three-Unit Multifamily Building
For Sale
$750,000

42 Astor St, Newark, NJ 07114

Multi-Family, 3-Three Story, Newark City, NJ

Property SizeContact for details
Lot Size0.03 Acres
Days on Market55

Property Features for 42 Astor St

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 3, Bedroom 4, Bathroom 1, Basement, Bathroom 2, Bedroom 1, Bedroom 5, Bedroom 6, Bathroom 3, Bedroom 2
Parking 2
Directions Clinton Ave. to Astor St.
Standard status Active
Lot size 0.03 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 6538

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 1890
Floors in Building 3
Number of units 3
Roof type Flat
Architectural style Other
Listing Agency: RE/MAX PROFESSIONALS I · RE/MAX International
Listed By: JEFFREY CUATE · License #409804
Added: Jul 6 Changed: Aug 19 Last Checked: Aug 29 at 10:06AM
MLS# 4038771

Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This multifamily property contains three residential units, each arranged with two bedrooms and one bathroom. The building provides a total of six bedrooms and three bathrooms, with a basement included among the interior spaces. Central air and forced-air heating serve the property, while a flat roof completes the structure.

Constructed in 1890, the building occupies approximately 0.03 acres and is connected to public water and public sewer. The property is situated near transportation, shopping, schools, and local amenities in Newark City, providing access to everyday services and surrounding community destinations.

Key Highlights

  • Three residential units, each with 2 bedrooms and 1 bathroom
  • Six total bedrooms and 3 bathrooms
  • Approximately 0.03 acres in Newark City

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Nursing Home (Bike/Boat/Book/etc) Store Skin Care Clinic Acupuncture Tanning Salon 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

Location Intelligence

Trade Area within ½ mile

1,745
Businesses Nearby

Demographics for 07114, NJ

17,767
Population
4,694
Households
3.8
Avg Household Size
39
Median Age
9%
College-Educated
69%
High-School Grad
7.9 sq mi
ZIP Area
2,249
Density / Sq Mi
$34,167
Median Household Income
$35,916
Median Earnings
$616
Median Rent
$384,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three residential units offer a six-bedroom, three-bathroom configuration with central air and forced-air heating.
Where is this triplex located?
The property is located at 42 Astor St Newark, NJ.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Three residential units, each with 2 bedrooms and 1 bathroom; Six total bedrooms and 3 bathrooms; Approximately 0.03 acres in Newark City
More about this property
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