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Duplex Townhome with Balconies

9-15 Triton Ter # 1, Newark, NJ 07104

For Sale
New
Contact for pricing

Five bedrooms, 3.5 bathrooms, and a built-in garage support a spacious residential layout.

Property Size4,300 SF
Price / SF$0.98
Days on Market2

Property Features for 9-15 Triton Ter # 1

General Information

Standard status Active
Size 4,300 SF
Total Parking Spaces 6
Property subtype Multi-Family

Site & Location

Neighborhood North Broadway

Amenities

balcony
central air conditioning
secured entrance
Electric,Gas-Natural
1
5
Hookup Available,In Unit
City/Town Street
Public Water
7841 SF
0.18
Metal Fence

Building Details

Year Built 2006
Listing Agency: COLDWELL BANKER REALTY
Listed By: Andrea Lew
Source: Skyrealtyintl
Added: Nov 8 Last Checked: Nov 9 at 8:08AM

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 COLDWELL BANKER REALTY

Rey
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Investment Insights

Based on property information with market context.

Built in 2006, this duplex townhome offers five bedrooms and 3.5 bathrooms. The primary suite includes an attached study and private balcony, while another balcony opens from the living room. An open-plan interior features a kitchen with stainless steel appliances, central air conditioning, and a secured entrance. Garage parking includes a four-car built-in garage and additional spaces described as two-car width.

Key Highlights

  • Five bedrooms and 3.5 bathrooms
  • Primary suite has an attached study and private balcony
  • Additional balcony off the living room

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$67,332
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,346,640 $1.3M
Cap Rate 7%
$961,886 $961.9K
Cap Rate 9%
$748,133 $748.1K
Market Conditions
NOI Build-Up for 4,300 SF
Gross rent
$129.0K $30.00/SF
− Vacancy
−$6.6K −$1.53/SF
EGI
$122.4K $28.47/SF
− OpEx
−$55.1K −$12.81/SF
NOI
$67.3K $15.66/SF
Area
ZIP 07104
Vacancy
5.10%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,346,640
Cap Rate 7%
$961,886
Cap Rate 9%
$748,133

Alternative Uses

Best Use
Multifamily LT 5
$1.05M
$915.2K – $1.22M (±1% cap)
NOI $73,212 @ 7.0% cap
Second Best
Apartment 5plus
$961.9K
$841.7K – $1.12M (±1% cap)
NOI $67,332 @ 7.0% cap
Theoretical Best
Office A
$1.36M
$1.19M – $1.59M (±1% cap)
NOI $95,210 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Location Intelligence

Trade Area within ½ mile

1,318
Businesses Nearby

Demographics for 07104, NJ

54,051
Population
21,762
Households
2.5
Avg Household Size
35
Median Age
21%
College-Educated
71%
High-School Grad
2.5 sq mi
ZIP Area
21,620
Density / Sq Mi
$51,199
Median Household Income
$36,139
Median Earnings
$1,343
Median Rent
$337,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Duplexes in Newark, NJ

$329 Jul
$288 Aug
$231 Sep
$236 Oct

Properties on Market for Duplexes in Newark

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Five bedrooms, 3.5 bathrooms, and a built-in garage support a spacious residential layout.
Where is this duplex located?
The property is located at 9-15 Triton Ter # 1 Newark, NJ.
What are key features of this property?
This property features: Five bedrooms and 3.5 bathrooms; Primary suite has an attached study and private balcony; Additional balcony off the living room
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