Three-Unit Residential Income
For Sale
$750,000
615 S 17th St, Newark, NJ 07103
Three-family residential property near transportation and major highways, suited for owner-occupants or investors.
Property SizeContact for details
Days on Market429
Property Features for 615 S 17th St
General Information
Standard status
Active
Property subtype
Residential Income
Additional Details
Highway Access
Yes
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$9,248
Listing Agency:
OPTION 1 REALTY GROUP, LLC
(973) 623-1001
Listed By:
PEDRO GERONIMO
(973) 787-5364
Source:
Exprealty
Added: Jul 5, 2025
Changed: Sep 5
Last Checked: Sep 5 at 9:39AM
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 OPTION 1 REALTY GROUP, LLC
Investment Insights
Based on property information with market context.
This is a three-family (triplex) residential income property offered for sale. The building is positioned to support multi-unit living, with three separate household units within the same structure.
The property is described as being close to transportation and major highways, offering practical day-to-day accessibility for residents. Walk, transit, and bike scores in the provided remarks indicate it is reasonably well connected to nearby destinations.
For buyers seeking a residential income setup, this three-unit configuration provides an option to occupy one unit and rent the others, or to acquire strictly as an investment property, based on the intended use described in the listing remarks.
The property is described as being close to transportation and major highways, offering practical day-to-day accessibility for residents. Walk, transit, and bike scores in the provided remarks indicate it is reasonably well connected to nearby destinations.
For buyers seeking a residential income setup, this three-unit configuration provides an option to occupy one unit and rent the others, or to acquire strictly as an investment property, based on the intended use described in the listing remarks.
Key Highlights
- Three‑family residential property
- Year built: 1909
- Bikeable area (Bike Score: 51)
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,414
Businesses Nearby
Explore this area
Business Placement
Demographics for 07103, NJ
39,439
Population
13,832
Households
2.9
Avg Household Size
30
Median Age
21%
College-Educated
81%
High-School Grad
2.2 sq mi
ZIP Area
17,927
Density / Sq Mi
$42,397
Median Household Income
$34,278
Median Earnings
$1,289
Median Rent
$259,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three-family residential property near transportation and major highways, suited for owner-occupants or investors.
Where is this triplex located?
The property is located at 615 S 17th St Newark, NJ.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Three‑family residential property; Year built: 1909; Bikeable area (Bike Score: 51)
