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Triplex with Separate Utilities
For Sale
$725,000

46 Seymour Ave, Newark, NJ 07108

MULTI_FAMILY - Newark City, NJ

Property SizeContact for details
Lot Size0.07 Acres
Days on Market60

Property Features for 46 Seymour Ave

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 9
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 1, Bedroom 7, Bathroom 2, Bedroom 3, Bedroom 5, Bedroom 8, Bedroom 2, Bathroom 3, Bedroom 6, Bedroom 9, Basement, Bedroom 1, Bedroom 4
Parking 3
Directions Between Madison & Avon Avenues
Standard status Active
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 9325

Utilities

Sewer type Public Sewer
Water source Public

Amenities

large backyard

Building Details

Year built 1929
Floors in Building 3
Number of units 3
Roof type Shingle
Architectural style Other
Listing Agency: HOMESMART FIRST ADVANTAGE · HomeSmart International
Listed By: RONALD COLLINS · License #295754
Added: Jul 1 Changed: Aug 18 Last Checked: Aug 29 at 6:06PM
MLS# 4038096

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 triplex at 46 Seymour Ave offers a consistent layout with each unit featuring three bedrooms and one bathroom. The property has separate utilities for each unit, supporting independent tenant billing and utility management. Additional exterior space includes a large backyard. The entire property will be delivered vacant at closing.

The building was constructed in 1929 and is served by public water and public sewer. The roof is shingle.

With three residential units arranged as 3-bedroom, 1-bath homes, the property is set up for tenants who value separate utility responsibility while also providing a straightforward unit mix for an owner-occupant or investor considering a multi-unit purchase.

Key Highlights

  • Triplex with three units, each unit has three bedrooms and one bathroom
  • Separate utilities for each unit
  • Entire property delivered vacant at closing

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Parking Lot & Garage Skin Care Clinic Cafe & Coffee Shop

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
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,260
Businesses Nearby

Demographics for 07108, NJ

28,715
Population
12,862
Households
2.2
Avg Household Size
32
Median Age
17%
College-Educated
85%
High-School Grad
1.4 sq mi
ZIP Area
20,511
Density / Sq Mi
$33,960
Median Household Income
$30,336
Median Earnings
$1,098
Median Rent
$326,900
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 - Triplex on 0.07-acre lot built in 1929 with separate utilities and each unit offering three bedrooms.
Where is this triplex located?
The property is located at 46 Seymour Ave Newark, NJ.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Triplex with three units, each unit has three bedrooms and one bathroom; Separate utilities for each unit; Entire property delivered vacant at closing
More about this property
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