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Renovated Three-Unit Triplex

72 Millington Ave, Newark, NJ 07108

For Sale
New
$579,900

Three distinct residential units offer separate living areas and updated kitchens and bathrooms.

Property SizeContact for details
Days on Market2

Property Features for 72 Millington Ave

General Information

Standard status Active
Property subtype Multi Family

Site & Location

Neighborhood Upper Clinton Hill
Public Transit Yes

Units

Unit Mix 1 x 3BR/1BA, 1 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units 3

Taxes and HOA fees

Annual Taxes $11,649

Building Details

Year Built 1907
Buildings 1
Stories 3
Units 3
Listed By: RALPH BARONE
Source: Elliman
Added: Nov 8 Last Checked: Nov 8 at 4:43PM

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 RALPH BARONE

Rey
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Investment Insights

Based on property information with market context.

This three-unit triplex, built in 1907, has a separate apartment on each of its three floors. The first-floor unit contains three bedrooms, an eat-in kitchen, and a full bathroom. On the second floor, the two-bedroom layout includes a formal dining room and sunporch. The third-floor apartment has one bedroom, a kitchenette, and a full bathroom. Each unit has updated kitchens, bathrooms, and hardwood flooring; newer appliances are also included. Two boilers and meters serve the property.

Walk, transit, and bike scores are 71, 57, and 42, respectively. The scores characterize the area as very walkable, offering good transit, and somewhat bikeable.

Key Highlights

  • Three legal residential units across three floors
  • First‑floor apartment: 3 bedrooms, eat‑in kitchen, and full bath
  • Second‑floor apartment: 2 bedrooms, formal dining room, and sunporch

Property Analytics

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Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,287
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
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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 distinct residential units offer separate living areas and updated kitchens and bathrooms.
Where is this triplex located?
The property is located at 72 Millington Ave Newark, NJ.
What is the asking price?
The asking price for this property is $579,900.
What are key features of this property?
This property features: Three legal residential units across three floors; First‑floor apartment: 3 bedrooms, eat‑in kitchen, and full bath; Second‑floor apartment: 2 bedrooms, formal dining room, and sunporch
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