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Three-Family Home with Finished Basement

42 Seymour Ave Newark, NJ 07108

42 Seymour Ave, Newark, NJ, 07108
$650,000
Pending
For Sale
Claim this Listing
$650,000
Pending

MULTI_FAMILY - Newark City, NJ

Lot Size0.07 Acres
AddedFeb 10
Days on Market155
Last RefreshJul 15 at 9:06 am

Property Features for 42 Seymour Ave

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
9
Bathrooms
4
Rooms
Bedroom 6, Bedroom 3, Bathroom 3, Bedroom 4, Bedroom 5, Bedroom 7, Bedroom 1, Bathroom 4, Bedroom 9, Bedroom 8, Basement, Bedroom 2, Bathroom 1, Bathroom 2
Interior features
Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, Tile Floors, Wood Floors
Standard status
Pending
Lot size
0.07 Acres

Taxes and HOA fees

Tax Year
2024
Tax Annual Amount
5213

Utilities

Sewer type
Public Sewer
Heating system
Baseboard, Hot Water(Heating)
Water source
Public

Building Details

Floors in Building
3
Number of units
3
Roof type
Shingle
Architectural style
Other

Listing agent ERICA CAMPBELL

Listing office EXIT PLATINUM REALTY 200 CLARMONT AVE, Montclair, NJ

Listing date Feb 10, 2026

MLS# 4009103 Listing URL

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 three-family home offers three bedrooms in each unit, with additional bonus rooms on the 2nd and 3rd floors. Each level includes a spacious eat-in kitchen with pantries and abundant closet space, and hardwood floors throughout. The property also features a full finished basement with a full bath and extra rooms that can support recreation, storage, or other flexible uses. Heating is supported by three furnaces, and the basement is heated with electric baseboard heat. Updates include a roof and gutters replaced in July 2025.

Located in Newark City, the home is conveniently near NJT bus lines and Newark Beth Israel Hospital, and is described as about 10 minutes from Newark International Airport. The listing notes two units will be delivered vacant, which can allow for immediate occupancy planning or rental flexibility.

With a configuration suited to multiple households, this property may appeal to buyers looking to owner-occupy while maintaining rental income from the remaining units. The current offering also highlights near-term readiness, as two units are slated to be vacant at delivery. The seller is targeting a closing by April 31, and the property is being offered for sale as a residential income asset.

Key Highlights

  • 3‑family home with 3 bedrooms in each unit, plus a bonus room on the 2nd and 3rd floors
  • Full finished basement with a full bath and additional rooms, with electric baseboard heat
  • Three furnaces; hot water heating; equipped with smoke detector, carbon monoxide detector, and fire extinguisher

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Law Firm Real Estate Agency Dental Office Parking Lot & Garage Skin Care Clinic Cafe & Coffee Shop Nursing Home (Bike/Boat/Book/etc) Store Carpet & Flooring Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Well-maintained three-unit building with spacious eat-in kitchens, hardwood floors, and a finished basement with bath.
Where is this triplex located?
The property is located at 42 Seymour Ave Newark, NJ.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 3‑family home with 3 bedrooms in each unit, plus a bonus room on the 2nd and 3rd floors; Full finished basement with a full bath and additional rooms, with electric baseboard heat; Three furnaces; hot water heating; equipped with smoke detector, carbon monoxide detector, and fire extinguisher
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