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Three-Family Residential Income
For Sale
$350,000
Pending

468 S 18Th St 3, Newark, NJ 07103

Three-unit residential property offered strictly as-is, where-is, and in need of extensive renovation.

Property SizeContact for details
Days on Market101

Property Features for 468 S 18Th St 3

General Information

Standard status Pending
Property subtype Multi Family

Site & Location

Neighborhood West Side

Taxes and HOA fees

Annual Taxes $13,812

Building Details

Year Built 1907
Units 3
Listed By: JULISSA ZIMMERMAN
Source: Elliman
Added: Jul 17 Changed: Oct 24 Last Checked: Oct 24 at 7:19PM

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 JULISSA ZIMMERMAN

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Investment Insights

Based on property information with market context.

This offering is a three-family residential income property being sold strictly as-is, where-is. The property is described as needing extensive renovation, and no repairs or improvements are represented as part of the sale.

The sale is subject to third-party approval. The buyer is responsible for all due diligence, inspections, certifications, permits, and municipal requirements, including independently verifying legal use, unit count, zoning, and all other property information.

As a renovation-focused multifamily asset, the property is best suited for an investor or contractor prepared to complete the required work and navigate all municipal and regulatory steps.

Key Highlights

  • Three‑unit residential property built in 1907
  • Offered strictly as‑is, where‑is, and in need of extensive renovation
  • Sale includes investor/contractor opportunity; buyer is responsible for due diligence, inspections, certifications, permits, and municipal requirements

Property Analytics

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Location Intelligence

Trade Area within ½ mile

1,185
Businesses Nearby

Demographics for 07103, NJ

39,439
Population
13,832
Households
2.9
Avg Household Size
30
Median Age
21%
College-Educated
81%
High-School Grad
2.2 sq mi
ZIP Area
17,927
Density / Sq Mi
$42,397
Median Household Income
$34,278
Median Earnings
$1,289
Median Rent
$259,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Three-unit residential property offered strictly as-is, where-is, and in need of extensive renovation.
Where is this triplex located?
The property is located at 468 S 18Th St 3 Newark, NJ.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Three‑unit residential property built in 1907; Offered strictly as‑is, where‑is, and in need of extensive renovation; Sale includes investor/contractor opportunity; buyer is responsible for due diligence, inspections, certifications, permits, and municipal requirements
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