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Triplex with New Roof
For Sale
$1,199,000

72 Saint Francis St, Newark, NJ 07105

Three residential units feature private laundry rooms, central air and heat, and a mix of hardwood and ceramic flooring.

Property SizeContact for details
Days on Market18

Property Features for 72 Saint Francis St

General Information

Standard status Active
Property subtype Multi Family

Additional Details

Public Transit Yes
Multifamily Units 3

Taxes and HOA fees

Annual Taxes $13,204

Amenities

hardwood floors
ceramic tiles
in-unit laundry
balcony
central air conditioning
crown moldings

Building Details

Year Built 1997
Units 3
Listing Agency: SKY REALTY ASSOCIATES
Listed By: EDUARDO VIEGAS
Source: Elliman
Added: Sep 10 Changed: Sep 26 Last Checked: Sep 26 at 11:56AM

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

Investment Insights

Based on property information with market context.

This three-unit residential property at 72 Saint Francis St includes private laundry rooms for each apartment. Interior finishes include hardwood floors and ceramic tile, while central air and heat serve the building. The second- and third-floor apartments each have two balconies, and the third floor includes crown molding and additional fixtures.

Building improvements include a roof completed in 2024 and three new boilers. Constructed in 1997, the property is positioned in Newark’s Ironbound neighborhood. Walk Score is 94, Bike Score is 69, and Transit Score is 74, reflecting documented pedestrian, bicycle, and transit access.

Key Highlights

  • Three‑unit residential property in Newark’s Ironbound neighborhood
  • Roof completed in 2024
  • Three new boilers plus central air and heat

Property Analytics

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Current Use

Triplexes

Suggested Use

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

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

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
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Three residential units feature private laundry rooms, central air and heat, and a mix of hardwood and ceramic flooring.
Where is this triplex located?
The property is located at 72 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‑unit residential property in Newark’s Ironbound neighborhood; Roof completed in 2024; Three new boilers plus central air and heat
More about this property
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