Three-Family Income
73 2nd St Newark, NJ 07107
73 2nd St, Newark, NJ, 07107
$599,000
For Sale
$599,000
Three-unit residential income property in a redevelopment area with good transit accessibility.
Days on Market41
Property Features for 73 2nd St
General Information
- Standard status
- Active
- Property subtype
- Multi Family
Building Details
- Year Built
- 1910
Listing Agency
EXIT Platinum Realty
(973) 746-4777
Listed by
MELODY SCOTT
Source
Elliman
Added: Jun 7 Checked: Jul 16 at 6:38 am
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 EXIT Platinum Realty
Investment Insights
Based on property information with market context.
This offering is a three-family (triplex) residential income home, configured as a 3-unit building. As presented, it’s positioned for buyers seeking a straightforward multi-family purchase with income-producing unit structure.
The property is located in the middle of a redevelopment area. WalkScore is listed at 69 (somewhat walkable), BikeScore is 50 (bikeable), and transitScore is 61 (good transit), which may support tenant access to everyday services and commuting options.
For investors and owner-occupants, a three-unit building can be a practical way to diversify rental income within a single asset, compared with a single-tenant property. Buyers typically look at how the 3-unit layout supports market rentability and management efficiency, and this triplex structure is the core component of the use case. Further due diligence on unit interiors, operating expenses, and condition would be standard for evaluating overall fit.
The property is located in the middle of a redevelopment area. WalkScore is listed at 69 (somewhat walkable), BikeScore is 50 (bikeable), and transitScore is 61 (good transit), which may support tenant access to everyday services and commuting options.
For investors and owner-occupants, a three-unit building can be a practical way to diversify rental income within a single asset, compared with a single-tenant property. Buyers typically look at how the 3-unit layout supports market rentability and management efficiency, and this triplex structure is the core component of the use case. Further due diligence on unit interiors, operating expenses, and condition would be standard for evaluating overall fit.
Key Highlights
- Three‑unit residential income property (3‑family home) with Year Built 1910
- Bike Score 50 (Bikeable)
- Walk Score 69 (Somewhat Walkable)
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Three-unit residential income property in a redevelopment area with good transit accessibility.
Where is this triplex located?
The property is located at 73 2nd St Newark, NJ.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Three‑unit residential income property (3‑family home) with Year Built 1910; Bike Score 50 (Bikeable); Walk Score 69 (Somewhat Walkable)
