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Three-Unit Residential Property with Parking
For Sale
$879,000

574 S 11th St, Newark, NJ 07107

One residence is vacant, while rear parking serves the property’s tenants.

Property SizeContact for details
Days on Market8

Property Features for 574 S 11th St

General Information

Standard status Active
Property subtype Residential Income

Taxes and HOA fees

Annual Taxes $14,184
Listing Agency: EXP Realty, LLC
Listed By: Carlie Carreira · License #0454535
Source: Exprealty
Added: Sep 29 Changed: Oct 6 Last Checked: Oct 5 at 8:35PM

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

Investment Insights

Based on property information with market context.

This three-family residential property in Newark includes one vacant unit and private parking at the rear of the lot. The vacant residence provides flexibility in how the property is occupied, while the other units remain part of the three-unit configuration.

The property is at 574 S 11th Street, Newark, NJ 07103. Parks, public transportation, schools, and restaurants are located nearby.

Key Highlights

  • Three‑family property with one vacant unit
  • Private tenant parking at the rear of the property
  • Near parks, public transportation, schools, and restaurants

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Acupuncture (Bike/Boat/Book/etc) Store Travel Agency Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,518
Businesses Nearby

Demographics for 07107, NJ

41,627
Population
16,084
Households
2.6
Avg Household Size
33
Median Age
13%
College-Educated
77%
High-School Grad
1.6 sq mi
ZIP Area
26,017
Density / Sq Mi
$49,892
Median Household Income
$35,700
Median Earnings
$1,259
Median Rent
$353,300
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 - One residence is vacant, while rear parking serves the property’s tenants.
Where is this triplex located?
The property is located at 574 S 11th St Newark, NJ.
What is the asking price?
The asking price for this property is $879,000.
What are key features of this property?
This property features: Three‑family property with one vacant unit; Private tenant parking at the rear of the property; Near parks, public transportation, schools, and restaurants
More about this property
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