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Three-Family Home with Extra Lot
For Sale
$1,100,000

66 Chambers St, Newark, NJ 07105

Three-family fixer-upper with basement, multi-zone heat, and off-street garage parking plus an included large lot.

Property SizeContact for details
Lot Size0.06 Acres
Days on Market49

Property Features for 66 Chambers St

General Information

Standard status Active
Total Parking Spaces 5
Lot size 0.06 Acres
Property subtype Multi Family

Additional Details

Multifamily Units 3

Taxes and HOA fees

Annual Taxes $11,938

Building Details

Year Built 1892
Units 3
Tenancy Multi
Listing Agency: Weichert Realtors Home City
Listed By: AUGUSTO VERISSIMO · License #9591085
Source: Elliman
Added: Jun 24 Changed: Aug 8 Last Checked: Jul 16 at 5:57AM

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 Weichert Realtors Home City

Investment Insights

Based on property information with market context.

This package includes a three-family fixer-upper plus a 25' x 100' lot. The existing structure has living space on each floor with a kitchen, living room, two bedrooms, and a full bathroom. A finished basement adds a laundry area and a utility room. Mechanical and comfort features include one heating system with four zones. Off-street parking is supported by a rare blacktop driveway and a five-car garage.

The property is located in Newark’s Ironbound district, an area described in the remarks as desirable for dining, shopping, and daily activity. The listing notes convenient access to Newark Penn Station and nearby Ferry Street.

For buyers and owner-occupants, the unit configuration supports straightforward residential use across the three floors, with consistent bedroom and bathroom layouts per level. For investors or developers, the included second parcel and the “fixer-upper” condition create flexibility for renovation and future planning. On-site basement utility space and the multi-zone heating setup can help streamline updates while preserving functional building systems.

Key Highlights

  • Three‑family home (1892) with each floor offering kitchen, living room, 2 bedrooms, and a full bathroom
  • Finished basement includes a laundry and utility room
  • Heating system with one unit and four zones

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Tanning Salon Nursing Home Pet Grooming Service Adult Day Care

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
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

3,121
Businesses Nearby

Demographics for 07105, NJ

50,870
Population
20,608
Households
2.5
Avg Household Size
35
Median Age
15%
College-Educated
70%
High-School Grad
4.6 sq mi
ZIP Area
11,059
Density / Sq Mi
$55,752
Median Household Income
$33,175
Median Earnings
$1,600
Median Rent
$445,900
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 - Three-family fixer-upper with basement, multi-zone heat, and off-street garage parking plus an included large lot.
Where is this triplex located?
The property is located at 66 Chambers St 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: Three‑family home (1892) with each floor offering kitchen, living room, 2 bedrooms, and a full bathroom; Finished basement includes a laundry and utility room; Heating system with one unit and four zones
More about this property
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