Renovated Three-Family Home

51 Myrtle Ave 3, Newark, NJ 07107

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For Sale

$775,000

Renovated three-family property with current tenant occupancy and two month-to-month units for flexible leasing options.

Type:Multi Family

HighLights

Renovated three‑family home built in 1952 with current tenant occupancy
Two units are on month‑to‑month leases, allowing flexible leasing changes
Significant renovations completed within the last few years
Located in Newark near public transportation, local shopping, and essential services
TransitScore 61 (Good Transit), walkScore 69 (Somewhat Walkable), BikeScore 50 (Bikeable)

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Listing Contact

TIFFANY BOOKER

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For Sale

$775,000

Renovated three-family property with current tenant occupancy and two month-to-month units for flexible leasing options.

Type:Multi Family

Added:: Jun 19, 2026
Days on Market:: 6
Last Refresh:: Jun 21 at 1:51 am

Property Features for 51 Myrtle Ave 3

General Information

Standard status: Active
Property subtype: Multi Family

Building Details

Year Built: 1952

We can help!

Listing Contact

TIFFANY BOOKER

Listing agent TIFFANY BOOKER License #304502

Listing office BHHS - NEW JERSEY PROPERTIES

Listing date Jun 19, 2026

Source Elliman

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 BHHS - NEW JERSEY PROPERTIES

HighLights

Renovated three‑family home built in 1952 with current tenant occupancy
Two units are on month‑to‑month leases, allowing flexible leasing changes
Significant renovations completed within the last few years
Located in Newark near public transportation, local shopping, and essential services
TransitScore 61 (Good Transit), walkScore 69 (Somewhat Walkable), BikeScore 50 (Bikeable)

Overview

This renovated three-family home is currently occupied and configured as three separate residential units. The property has undergone significant renovation work within the last few years, providing updated interior conditions for long-term rental use. Two of the units are on month-to-month leases, giving the next owner added flexibility relative to fixed-term tenancies while maintaining occupancy across the building.

The property is located in Newark and is described as being convenient to public transportation, local shopping, and essential services. WalkScore is listed as 69 (somewhat walkable) and transitScore is listed as 61 (good transit), with a bikeScore of 50 (bikeable), supporting everyday accessibility for tenants.

For investors or owner-occupants, this setup offers a practical mix of stability and flexibility, with the building operating under current tenant occupancy and two units on month-to-month terms. Prospective buyers should review the specific lease dates and unit-by-unit arrangements, given the variation in lease structure across the property.

Location Intelligence

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Triplexes

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Local Demand

City: Newark
County: Essex
State: New Jersey
Longitude: -74.192438
Latitude: 40.75334

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For sale
Triplexes
NJ
Newark
07107
51 Myrtle Ave 3

What type of property is this?

Triplex - Renovated three-family property with current tenant occupancy and two month-to-month units for flexible leasing options.

Where is this triplex located?

The property is located at 51 Myrtle Ave 3 Newark, NJ.

What is the asking price?

The asking price for this property is $775,000.

What are key features of this property?

This property features: Renovated three‑family home built in 1952 with current tenant occupancy; Two units are on month‑to‑month leases, allowing flexible leasing changes; Significant renovations completed within the last few years