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Three-Unit Triplex with Private Entrances
For Sale
$749,000

75 Chambers St 3, Newark, NJ 07105

Income property with flexible occupancy, separate utilities, and direct access to neighborhood amenities.

Property SizeContact for details
Days on Market10

Property Features for 75 Chambers St 3

General Information

Standard status Active
Property subtype Multi Family

Site & Location

Public Transit Yes
Utilities to Site Yes

Units

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

Taxes and HOA fees

Annual Taxes $7,346

Building Details

Year Built 1948
Buildings 1
Units 3
Tenancy Multi
Listing Agency: KELLER WILLIAMS MID-TOWN DIRECT
Listed By: ANTHONY GOMES
Source: Elliman
Added: Sep 18 Changed: Sep 19 Last Checked: Sep 26 at 10:56AM

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 KELLER WILLIAMS MID-TOWN DIRECT

Investment Insights

Based on property information with market context.

This 1948 triplex contains three independently accessed residences, each served by separate utilities. The first-floor apartment has one bedroom, an eat-in kitchen, and a full bathroom. The second-floor unit includes two bedrooms, a large closet, an eat-in kitchen, and a full bathroom. A two-bedroom third-floor apartment adds an eat-in kitchen, full bathroom, and access to the yard.

The third-floor residence is vacant, while the first- and second-floor occupants are on month-to-month arrangements. The property is located at 75 Chambers St in Newark’s Ironbound area, near Ferry Street, restaurants, shops, parks, and other neighborhood amenities. Walk Score is 97, Transit Score is 75, and Bike Score is 64.

Key Highlights

  • Three‑family property built in 1948
  • Separate utilities and private exterior entrances for all three units
  • Unit mix includes one 1‑bedroom and two 2‑bedroom apartments

Property Analytics

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Current Use

Triplexes

Suggested Use

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

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
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

3,121
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
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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 - Income property with flexible occupancy, separate utilities, and direct access to neighborhood amenities.
Where is this triplex located?
The property is located at 75 Chambers St 3 Newark, NJ.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: Three‑family property built in 1948; Separate utilities and private exterior entrances for all three units; Unit mix includes one 1‑bedroom and two 2‑bedroom apartments
More about this property
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