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Three-Story Triplex
New
For Sale
$499,000

50 Mapes Ave, Newark, NJ 07112

Multi-Family, 3-Three Story, Newark City, NJ

Property Size4,352 SF
Lot Size0.08 Acres
Price / SF$114.66
Days on Market2

Property Features for 50 Mapes Ave

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R2
Bedrooms 6
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 3, Bedroom 4, Bedroom 6, Bathroom 2, Bathroom 1, Bedroom 2, Basement, Bedroom 5, Bedroom 1, Bathroom 3
Parking 2
Patio and Porch features Patio
Interior features Carbon Monoxide Detector, Smoke Detector
Exterior features Patio
Subdivision Weequaic
Directions Elizabeth Ave to Left on Mapes Ave
Standard status Active
Size 4,352 SF
Lot size 0.08 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 6674

Utilities

Sewer type Public Sewer
Heating system Hot Water(Heating), Baseboard
Water source Public

Building Details

Year built 1922
Floors in Building 3
Number of units 3
Roof type Shingle
Architectural style Other
Listing Agency: EXP REALTY, LLC
Listed By: NADIYAH MALBON
Added: Oct 18 Changed: Oct 19 Last Checked: Oct 19 at 3:06PM
MLS# 4059714

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.

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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, three full bathrooms and 4,352 square feet. The property sits on a 0.08-acre lot measuring 40 x 100 feet and includes a patio. Public water and public sewer serve the building; heating is hot water and baseboard. The property is offered in as-is condition, and the buyer is responsible for the CO and city certifications.

Weequahic Park, Route 22, Interstate 78 and Newark Liberty International Airport are described as nearby.

Key Highlights

  • Three separate residences in a three‑story configuration
  • 4,352 square feet with 14 rooms, six bedrooms and three full bathrooms
  • 0.08‑acre lot measuring 40 x 100 feet

Property Analytics

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Lease Details

3
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,483
Businesses Nearby

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
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 separate residences provide a multi-unit layout, complemented by a patio and public water and sewer service.
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 in a three‑story configuration; 4,352 square feet with 14 rooms, six bedrooms and three full bathrooms; 0.08‑acre lot measuring 40 x 100 feet
More about this property
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