Three-Unit
New
For Sale
$499,000
50 Mapes Ave, Newark, NJ 07112
Three separate residences create options for owner occupancy or leasing across the building.
Property Size4,352 SF
Lot Size0.09 Acres
Price / SF$114.66
Days on Market5
Property Features for 50 Mapes Ave
General Information
Standard status
Active
Size
4,352 SF
Lot size
0.09 Acres
Property subtype
Multi Family
Site & Location
Neighborhood
Weequahic
Highway Access
Yes
Additional Details
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$6,674
Building Details
Year Built
1922
Buildings
1
Stories
3
Units
3
Listing Agency:
eXp Realty, LLC
Listed By:
NADIYAH MALBON
(866) 201-6210
Source:
Elliman
Added: Oct 20
Changed: Oct 23
Last Checked: Oct 23 at 10:03AM
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 eXp Realty, LLC
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Investment Insights
Based on property information with market context.
Built in 1922, this three-story triplex contains three separate residences with a combined 14 rooms, six bedrooms, and three full bathrooms. The building totals approximately 4,352 square feet on a 40 x 100 lot. It is being sold as-is, and updates are needed, leaving finish selections to the next owner.
Weequahic Park, with walking paths, a lake, and a golf course, is a short distance away. Route 22, Interstate 78, and Newark Liberty International Airport are also nearby.
Weequahic Park, with walking paths, a lake, and a golf course, is a short distance away. Route 22, Interstate 78, and Newark Liberty International Airport are also nearby.
Key Highlights
- Three separate residences across three floors
- Approximately 4,352 square feet with 14 rooms, six bedrooms, and three full bathrooms
- 40 x 100 lot
Property Analytics
Who owns this building?
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Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,483
Businesses Nearby
Explore this area
Business Placement
Demographics for 07112, NJ
29,773
Population
11,779
Households
2.5
Avg Household Size
34
Median Age
18%
College-Educated
86%
High-School Grad
1.4 sq mi
ZIP Area
21,266
Density / Sq Mi
$55,171
Median Household Income
$35,709
Median Earnings
$1,334
Median Rent
$306,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Three separate residences create options for owner occupancy or leasing across the building.
Where is this triplex located?
The property is located at 50 Mapes Ave Newark, NJ.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Three separate residences across three floors; Approximately 4,352 square feet with 14 rooms, six bedrooms, and three full bathrooms; 40 x 100 lot
