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Three-Family Renovation Property
For Sale
$350,000

468 S 18th St #3, Newark, NJ 07103

Older multifamily building offered in its current condition, with substantial renovation work required before use.

Property Size3,612 SF
Days on Market47

Property Features for 468 S 18th St #3

General Information

Standard status Active
Size 3,612 SF
Property subtype Multi Family Home
Net Operating Income $13,812

Building Details

Building Size 3,612 SF
Year Built 1907
Units 3
Listing Agency: Realty One Group Sunrise
Listed By: Julissa Zimmerman · License #403444
Source: Betterhomerealestate
Added: Jul 15 Changed: Aug 29 Last Checked: Aug 29 at 11:05AM

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 One Group Sunrise

Investment Insights

Based on property information with market context.

This three-family property dates to 1907 and requires extensive renovation. It is being conveyed in its existing condition, with no repairs or upgrades represented. The building’s legal use, unit count, zoning, certifications, permits, and municipal requirements should be independently confirmed as part of due diligence.

The property is located at 468 S 18th St #3 in Newark City, New Jersey. Inspections and compliance with applicable municipal and third-party requirements remain the buyer’s responsibility, and the transaction is subject to third-party approval.

Key Highlights

  • Three‑family property constructed in 1907
  • Extensive renovation required
  • Offered strictly in its current condition

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency (Bike/Boat/Book/etc) Store Storage Facility Veterinary Clinic Electrical 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.

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

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 - Older multifamily building offered in its current condition, with substantial renovation work required before use.
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‑family property constructed in 1907; Extensive renovation required; Offered strictly in its current condition
More about this property
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