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Vacant Triplex with New Systems
For Sale
$949,999

49-51 Crawford St, Newark, NJ 07102

Updated three-family property with garage parking and flexible occupancy options.

Property SizeContact for details
Days on Market51

Property Features for 49-51 Crawford St

General Information

Standard status Active
Total Parking Spaces 4
Property subtype Multi Family Home
Net Operating Income $99,999

Site & Location

Highway Access Yes
Public Transit Yes

Additional Details

Multifamily Units 3

Building Details

Year Built 2004
Units 3
Listing Agency: Improov Homes
Listed By: Imbar Meidani · License #281874
Source: Betterhomerealestate
Added: Jul 11 Changed: Aug 28 Last Checked: Aug 29 at 10:20AM

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 Improov Homes

Investment Insights

Based on property information with market context.

This vacant triplex, built in 2004, provides three separate residential units with functional layouts and immediate occupancy flexibility. Recent property improvements include a new roof and new HVAC systems. The property also includes a two-car garage and a two-car driveway, adding on-site parking and storage convenience.

The address is positioned near Newark’s Ironbound district, Downtown Newark, Newark Penn Station, Newark Liberty International Airport, major highways, shopping, dining, and public transportation. With all three units delivered vacant, the building can accommodate a range of residential ownership or leasing arrangements, subject to applicable requirements and market conditions.

Key Highlights

  • Three‑family property delivered vacant
  • New roof and HVAC systems
  • Two‑car garage plus two‑car driveway

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Veterinary Clinic Nursing Home (Bike/Boat/Book/etc) Store Pet Grooming Service Tanning Salon Buffet

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
Highway access

Location Intelligence

Trade Area within ½ mile

3,655
Businesses Nearby

Demographics for 07102, NJ

15,047
Population
6,574
Households
2.3
Avg Household Size
34
Median Age
30%
College-Educated
82%
High-School Grad
1.1 sq mi
ZIP Area
13,679
Density / Sq Mi
$37,093
Median Household Income
$42,234
Median Earnings
$1,141
Median Rent
$293,900
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 - Updated three-family property with garage parking and flexible occupancy options.
Where is this triplex located?
The property is located at 49-51 Crawford St Newark, NJ.
What is the asking price?
The asking price for this property is $949,999.
What are key features of this property?
This property features: Three‑family property delivered vacant; New roof and HVAC systems; Two‑car garage plus two‑car driveway
More about this property
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