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Triplex Requiring Renovation
For Sale
$395,000

748 S 11th St, Newark, NJ 07103

Three-family property offered in as-is condition with renovation and permitting responsibilities assigned to the buyer.

Property SizeContact for details
Days on Market135

Property Features for 748 S 11th St

General Information

Standard status Active
Property subtype Multi-Family

Property Condition

Severity Major Repairs Needed
Evidence requires a complete renovation

Additional Details

Multifamily Units 3

Building Details

Year Built 1926
Listing Agency: OPTION 1 REALTY GROUP, LLC
Listed By: OSCAR CASTRO · License #273067
Source: Goldstandardrealty
Added: Apr 22 Changed: Aug 31 Last Checked: Sep 1 at 10:56PM

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 OPTION 1 REALTY GROUP, LLC

Investment Insights

Based on property information with market context.

This three-family property was built in 1926 and requires a complete renovation. The building features vinyl siding and is offered strictly in its existing condition, with no renovation work represented as completed.

The buyer will be responsible for securing all required municipal inspections, certifications, and applicable permits. The property is located at 748 South 11th Street in Newark, New Jersey 07103.

Key Highlights

  • Three‑family property requiring a complete renovation
  • Offered strictly as‑is
  • Built in 1926

Property Analytics

Current Use

Junior's unisex barbershop Barber Shop

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Parking Lot & Garage Skin Care Clinic Carpet & Flooring 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

Location Intelligence

Trade Area within ½ mile

1,417
Businesses Nearby

Demographics for 07103, NJ

39,439
Population
13,832
Households
2.9
Avg Household Size
30
Median Age
21%
College-Educated
81%
High-School Grad
2.2 sq mi
ZIP Area
17,927
Density / Sq Mi
$42,397
Median Household Income
$34,278
Median Earnings
$1,289
Median Rent
$259,300
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 - Three-family property offered in as-is condition with renovation and permitting responsibilities assigned to the buyer.
Where is this triplex located?
The property is located at 748 S 11th St Newark, NJ.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Three‑family property requiring a complete renovation; Offered strictly as‑is; Built in 1926
More about this property
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