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Planned Triplex with Garage
New
For Sale
$1,100,000

551 Sand Ford Ave, Newark, NJ 07106

Scheduled for summer 2027 delivery with a multi-level layout and attached parking.

Property SizeContact for details
Days on Market3

Property Features for 551 Sand Ford Ave

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Multi-Family

Additional Details

Multifamily Units 3

Building Details

Year Built 2027
Stories 3
Listing Agency: JD FRANCES REALTY & G.R.
Listed By: Jeanmichel Sery · License #282354
Source: Srrealestategroup
Added: Sep 5 Last Checked: Sep 7 at 5:15AM

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 JD FRANCES REALTY & G.R.

Investment Insights

Based on property information with market context.

Planned for completion in summer 2027, this triplex is designed with nine bedrooms and five bathrooms across three levels. The ground floor is planned to include a two-car garage and a two-bedroom, one-bath apartment.

The upper floors follow a similar apartment layout, with the third floor adding an additional bedroom or office. The property is being offered for purchase during the planning and construction timeline.

Key Highlights

  • Planned summer 2027 completion
  • Triplex configuration with nine bedrooms and five bathrooms
  • Three‑level layout with similar upper‑floor apartment plans

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Skin Care Clinic (Bike/Boat/Book/etc) Store Cafe & Coffee Shop

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

Location Intelligence

Trade Area within ½ mile

1,126
Businesses Nearby

Demographics for 07106, NJ

34,596
Population
13,633
Households
2.5
Avg Household Size
35
Median Age
18%
College-Educated
85%
High-School Grad
1.4 sq mi
ZIP Area
24,711
Density / Sq Mi
$48,105
Median Household Income
$34,820
Median Earnings
$1,221
Median Rent
$321,400
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 - Scheduled for summer 2027 delivery with a multi-level layout and attached parking.
Where is this triplex located?
The property is located at 551 Sand Ford Ave Newark, NJ.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Planned summer 2027 completion; Triplex configuration with nine bedrooms and five bathrooms; Three‑level layout with similar upper‑floor apartment plans
More about this property
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