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Three-Unit Triplex with Finished Basement
New
For Sale
$849,000

72 Columbia St, Newark, NJ 07102

Multi-Family, 3-Three Story, Newark City, NJ

Property SizeContact for details
Lot Size0.05 Acres
Days on Market4

Property Features for 72 Columbia St

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 5
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 2, Bathroom 3, Basement, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bathroom 4, Bathroom 1, Bedroom 5
Patio and Porch features Patio
Interior features High Ceilings, Wood Floors
Exterior features Metal Fence, Patio, Storage Shed
Fencing Fenced
Directions between Elm and Green St
Standard status Active
Lot size 0.05 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 6650

Utilities

Sewer type Public Sewer
Heating system Other (Heating), Steam
Water source Public

Amenities

exposed brick
high ceilings
updated kitchens
fully finished basement
private rear patio

Building Details

Year built 1887
Floors in Building 3
Number of units 3
Roof type Flat
Architectural style Other
Additional Structures Storage
Listing Agency: EXP REALTY, LLC
Listed By: DEAN CLARK · License #0681077
Added: Sep 2 Changed: Sep 4 Last Checked: Sep 5 at 12:06AM
MLS# 4050203

Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This three-unit triplex, built in 1887, combines exposed brick, high ceilings, and wood floors with updated kitchens in each residence. The property includes a fully finished basement, a rear patio, a storage shed, and a fenced exterior. Steam heating, a flat roof, public water, and public sewer serve the building. The site encompasses 0.05 acres.

At 72 Columbia St in Newark City, the property is within the Central Business District and minutes from Newark Penn Station, Rutgers University–Newark, NJIT, University Hospital, the Prudential Center, and NJPAC. Downtown Newark and the Ironbound provide nearby restaurants, shops, and businesses, while the location offers access to New York City, major highways, and Newark Liberty International Airport.

Key Highlights

  • Three‑unit triplex built in 1887
  • Each unit has an updated kitchen, exposed brick, and high ceilings
  • Fully finished basement provides additional interior space

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Veterinary Clinic Nursing Home (Bike/Boat/Book/etc) Store Pet Grooming Service Buffet Clothing & Fashion Store

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
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

5,920
Businesses Nearby

Demographics for 07102, NJ

15,047
Population
6,574
Households
2.3
Avg Household Size
34
Median Age
30%
College-Educated
82%
High-School Grad
1.1 sq mi
ZIP Area
13,679
Density / Sq Mi
$37,093
Median Household Income
$42,234
Median Earnings
$1,141
Median Rent
$293,900
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 - Historic residential building with updated kitchens, exposed brick, high ceilings, and finished lower-level space.
Where is this triplex located?
The property is located at 72 Columbia St Newark, NJ.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: Three‑unit triplex built in 1887; Each unit has an updated kitchen, exposed brick, and high ceilings; Fully finished basement provides additional interior space
More about this property
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