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Three-Family Building with Balconies

72-74 Saint Francis St, Newark, NJ 07105

For Sale
$1,199,000

Three separate laundry rooms and updated building systems support a practical residential layout.

Property SizeContact for details
Days on Market62

Property Features for 72-74 Saint Francis St

General Information

Standard status Active
Total Parking Spaces 3
Property subtype Multi Family Home

Site & Location

Neighborhood Ironbound

Additional Details

Multifamily Units 3

Amenities

in-unit laundry room
balcony
central air and heat
hardwood floors
ceramic tiles
crown molding
Carbon Monoxide Detector
Fire Alarm Sys
Fire Extinguisher
Smoke Detector
Tile Floors
Wood Floors
Patio

Building Details

Year Built 1997
Buildings 1
Stories 3
Units 3
Listing Agency: Sky Realty Associates
Listed By: Eduardo Viegas
Source: Arcadiarealtors
Added: Sep 9 Changed: Nov 2 Last Checked: Nov 9 at 3:55AM

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 Sky Realty Associates

Rey
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Investment Insights

Based on property information with market context.

This three-family property contains three apartments of about 1,500 square feet each, with the first-floor apartment measuring about 900 square feet. Hardwood floors and ceramic tile extend throughout the apartments. Each unit has its own laundry room, while the second- and third-floor apartments each include two balconies. The third-floor apartment also features crown moldings and other fixtures.

Built in 1997, the building received a new roof in 2024 and has three boilers plus central air and heat. It is located in Newark’s Ironbound neighborhood.

Key Highlights

  • Three apartments of about 1,500 square feet each; first‑floor unit is about 900 square feet
  • New roof completed in 2024
  • Three boilers, central air and heat

Property Analytics

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Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

2,020
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Triplexes in Newark, NJ

$364 Jul
$260 Aug
$262 Sep
$237 Oct

Properties on Market for Triplexes in Newark

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Three separate laundry rooms and updated building systems support a practical residential layout.
Where is this triplex located?
The property is located at 72-74 Saint Francis St Newark, NJ.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: Three apartments of about 1,500 square feet each; first‑floor unit is about 900 square feet; New roof completed in 2024; Three boilers, central air and heat
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