Search
Three-Family Property with Walk-Out Basement
For Sale
$650,000

59 Beverly Street Unit 3, Newark, NJ 07108

Three residential units include a two-car garage, fenced yard, and partially finished basement.

Property SizeContact for details
Days on Market151

Property Features for 59 Beverly Street Unit 3

General Information

Standard status Active
Property subtype Multi Family / 3-Three Story

Taxes and HOA fees

Annual Taxes $7,678

Amenities

Yes
Asphalt Shingle
Finished-Partially
Wood Shingle

Building Details

Year Built 9999
Listing Agency: LARA REALTY CORP
Listed By: TAJUDEEN A AJADI · License #265931
Source: Compass
Added: Apr 1 Changed: Aug 29 Last Checked: Aug 29 at 7:20PM

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 LARA REALTY CORP

Investment Insights

Based on property information with market context.

This three-family property includes two larger apartments, each with three bedrooms, an eat-in kitchen, a living room, and a full bathroom. The third-floor apartment has one bedroom, a kitchen, and a full bath. A two-car garage, fenced yard, and full walk-out basement add functional space, while the basement is partially finished. Appliances are included in all three units.

The property is described as being near major highways, shopping, an airport, and a train station. Its configuration supports separate residential occupancy across three units, with additional storage or flexible-use space in the basement.

Key Highlights

  • Three residential units with two 3‑bedroom layouts and one 1‑bedroom layout
  • Two‑car garage and fenced yard
  • Full walk‑out basement with partial finish

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Acupuncture Parking Lot & Garage Nursing Home Skin Care Clinic

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

1,621
Businesses Nearby

Demographics for 07108, NJ

28,715
Population
12,862
Households
2.2
Avg Household Size
32
Median Age
17%
College-Educated
85%
High-School Grad
1.4 sq mi
ZIP Area
20,511
Density / Sq Mi
$33,960
Median Household Income
$30,336
Median Earnings
$1,098
Median Rent
$326,900
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Triplex - Three residential units include a two-car garage, fenced yard, and partially finished basement.
Where is this triplex located?
The property is located at 59 Beverly Street Unit 3 Newark, NJ.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Three residential units with two 3‑bedroom layouts and one 1‑bedroom layout; Two‑car garage and fenced yard; Full walk‑out basement with partial finish
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message