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Three-Unit Multifamily Property
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83 Pacific Street, Newark, NJ 07105

Separate residences, a finished basement, and off-street parking create a flexible multifamily configuration.

Property SizeContact for details
Days on Market12

Property Features for 83 Pacific Street

General Information

Standard status Active
Property subtype Multi Family 2-4 Units

Units

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

Building Details

Buildings 2
Listing Agency: Keller Williams Realty Westfield
Listed By: Michael Martinetti · License #297275
Source: Capmarkrealty
Added: Sep 16 Changed: Sep 18 Last Checked: Sep 26 at 4:42AM

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 Realty Westfield

Investment Insights

Based on property information with market context.

This triplex property includes three separate residences arranged across two structures. The primary building contains two units, each with three bedrooms, a full bathroom, living and dining areas, and a kitchen. A third residence sits above the detached two-car garage and provides two bedrooms, a full bathroom, kitchen, and combined living and dining space.

A finished basement adds another kitchen, full bathroom, living areas, and storage. The paved area between the structures provides off-street parking, while the garage supplies covered parking and additional utility. The property is located at 83 Pacific Street in Newark, New Jersey.

Key Highlights

  • Three separate residences across two structures
  • Unit 1 and Unit 2 each offer three bedrooms and one full bathroom
  • Unit 3 above the two‑car garage includes two bedrooms and one full bathroom

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Nursing Home (Bike/Boat/Book/etc) Store Buffet Tanning Salon Locksmith Clothing & Fashion 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

3,882
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 - Separate residences, a finished basement, and off-street parking create a flexible multifamily configuration.
Where is this triplex located?
The property is located at 83 Pacific Street Newark, NJ.
What are key features of this property?
This property features: Three separate residences across two structures; Unit 1 and Unit 2 each offer three bedrooms and one full bathroom; Unit 3 above the two‑car garage includes two bedrooms and one full bathroom
More about this property
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