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    Newark, NJ Triplexes for Sale

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    Three-Unit Residential Income Property
    Updated: May 5
    Three-Unit Residential Income Property

    38-40 ECKERT Avenue, Newark, NJ 07112

    $615,000
    2,770 sqft 0.08 AC lot
    3‑family property with 2‑bedroom/1‑bath unit on the first floor, 3‑bedroom/1‑bath on the second floor, and 2‑bedroom/1‑bath on the third floor
    Property currently occupied but will be delivered vacant
    Year built: 1912
    Vinyl siding exterior
    Heating: electric with baseboard; cooling: window unit(s)
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    This listing looks promising.

    Here's a quick look at some key insights for

    38-40 ECKERT Avenue, NEWARK, NJ 07112

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    • Est. Cap Rate

      7.6%
      Above avg (5.9%)

    • Est. NOI

      $47K
      Annual

    • Price @ 7% Cap

      $671K
      Above asking

    • Property Type

      Single Family Residence
      Built 1912
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    Three-Story Multifamily Income Property
    Updated: Jun 24
    Three-Story Multifamily Income Property

    590 Hunterdon St, Newark, NJ 07108

    $699,000
    5,087 sqft 0.06 AC lot
    3‑family, 3 stories, with each floor featuring an identical layout
    Each unit offers 3 bedrooms and 2 full bathrooms
    One vacant unit ready for an owner‑occupant or investor, while the other 2 units are already producing income
    Forced‑air heating system with public water and public sewer
    Large basement included
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    Three-Family Residence with Renovated Kitchens
    Three-Family Residence with Renovated Kitchens

    266 Littleton Ave, Newark, NJ 07103

    $700,000
    3,700 sqft 0.04 AC lot

    Legal three-family with 9 bedrooms and 3 full bathrooms, featuring renovated kitchens with quartz countertops.

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    Legal Three-Family Home
    Legal Three-Family Home

    224 12Th Ave, Newark, NJ 07107

    $615,000
    3,388 sqft 0.06 AC lot

    Well-maintained, recently renovated legal 3-family with a spacious backyard and versatile owner-occupant or rental income use.

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    New Construction Six-Unit Multifamily
    New Construction Six-Unit Multifamily

    674-676 S 18Th St, Newark, NJ 07103

    $975,000
    5,003 sqft 0.07 AC lot

    Two attached 3-family homes under construction, scheduled for completion by June 1, with 3-bedroom, 2-bath units and terraces.

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    Three-Family Income Property with Finished Basement
    Three-Family Income Property with Finished Basement

    96 11th Ave, Newark, NJ 07107

    $599,000
    3,436 sqft 0.05 AC lot

    Three separate units each with private utilities, plus a finished basement with full bath and kitchenette for added flexibility.

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    Renovated Three-Family Residence
    Renovated Three-Family Residence

    164 Parker St, Newark, NJ 07104

    $759,000
    0.06 AC lot

    Completely renovated three-unit property with eat-in kitchens, spacious living areas, and an unfinished basement.

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    New Multi-Family Residence
    New Multi-Family Residence

    420 18Th Ave, Newark, NJ 07108

    $899,999
    4,085 sqft 0.07 AC lot

    New construction multi-family property with 9 bedrooms, 6 bathrooms, and a full basement.

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    Renovated 3-Unit Multifamily Property
    Renovated 3-Unit Multifamily Property

    119 Littleton Ave, Newark, NJ 07103

    $699,000
    3,036 sqft 0.07 AC lot

    Renovated in 2022 with updated kitchens, modern bathrooms, and new flooring across three units near major employers.

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    Recently Renovated 3-Unit Triplex
    Recently Renovated 3-Unit Triplex

    134 Dewey St, Newark, NJ 07112

    $620,000
    2,160 sqft 0.06 AC lot

    Triplex with 6 bedrooms and 3 bathrooms, featuring renovated interiors and multiple living and dining/family room layouts.

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    Renovated Multi-Unit Residence
    Renovated Multi-Unit Residence

    345 Summer Ave, Newark, NJ 07104

    $910,000
    2,040 sqft 0.06 AC lot

    Renovated multi-level income property with multiple finished living areas and private rear off-street parking.

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    Three-Unit Multifamily Property
    Three-Unit Multifamily Property

    48 Cedar Ave, Newark, NJ 07106

    $749,999
    0.09 AC lot

    Well-maintained three-family with two income-producing units and a vacant third-floor apartment ready for occupancy.

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    Vacant Three-Unit Residential Property
    Vacant Three-Unit Residential Property

    46 Seymour Ave, Newark, NJ 07108

    $725,000
    0.07 AC lot

    Triplex with three-bedroom, one-bath units, separate utilities, and a large backyard, delivered vacant at closing.

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    Vacant 3-Unit Triplex with Driveway
    Vacant 3-Unit Triplex with Driveway

    257 Parker St, Newark, NJ 07104

    $700,000
    0.06 AC lot

    Three 2BR/1BA units delivered vacant, with expansive driveway space for flexible use.

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    Three-Unit Residential Income Property
    Three-Unit Residential Income Property

    196 Sussex Ave, Newark, NJ 07103

    $650,000
    0.07 AC lot

    Well-maintained three-family property with a semi-finished basement and a currently vacant unit for flexible occupancy.

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    Renovated 3-Unit Residential Income
    Renovated 3-Unit Residential Income

    282 RENNER AVE, Newark, NJ 07112

    $729,000

    Three-family home with separate living areas, separate utilities, and off-street parking, including a recently renovated first-floor unit.

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    Three-Story 3-Family Investment Property
    Three-Story 3-Family Investment Property

    151 Vermont Ave, Newark, NJ 07106

    $750,000
    0.09 AC lot

    For sale three-story, 3-family property in Newark with convenient access to transit, commuter routes, and local amenities.

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    Three-Unit Stacker with Three 2BRs
    Three-Unit Stacker with Three 2BRs

    42 Astor St, Newark, NJ 07114

    $750,000
    0.03 AC lot

    Three 2-bedroom, 1-bath units provide rental income alongside owner-occupant flexibility.

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    Three-Family Residential Income Property
    Three-Family Residential Income Property

    743 S 12Th St, Newark, NJ 07103

    $755,000
    0.06 AC lot

    Well-maintained three-unit property with washer/dryer hookups, central air and heat, and extra rooms on upper floors.

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    Three-Family Home with Basement
    Three-Family Home with Basement

    324 Clifton Ave, Newark, NJ 07104

    $825,000
    0.06 AC lot

    Well-maintained three-family residence with a finished basement, rear outdoor space, and parking for one car.

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    Renovated Newark City Multi-Family Home
    Renovated Newark City Multi-Family Home

    1035 Hunterdon St, Newark, NJ 07112

    $729,000
    0.08 AC lot

    Well-maintained 3-family home near transportation, shopping, and downtown Newark.

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    Renovated Multi-Family Home
    Renovated Multi-Family Home

    49-51 Parkview Ter, Newark, NJ 07112

    $714,997
    0.08 AC lot

    Move-in-ready renovated multi-family with finished basement and separate entrance, plus a flexible second-floor extra room.

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    Three-Family Residence with Garage
    Three-Family Residence with Garage

    232 2nd St, Newark, NJ 07107

    $789,999
    0.09 AC lot

    Three-family Newark City home with 9 bedrooms, 3 bathrooms, and off-street parking including a 2-car garage.

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    Brick 3-Unit Multifamily Building
    Brick 3-Unit Multifamily Building

    149 Union St, Newark, NJ 07105

    $849,000
    3,312 sqft 0.05 AC lot

    Brick 3-family property with three units, each offering two bedrooms and one full bathroom.

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    Newark, NJ Triplexes Market Trends and Statistics

    Explore 76 triplexes for sale in Newark, NJ, showcased through 76 active listings on our real estate platform. These investment opportunities span a total of 62,552 square feet of properties for sale, with an estimated market value of $11,534,899.

    Sale prices for three-family homes in Newark, NJ start at $539,900, averaging $720,931, and reaching up to $975,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 181
    Triplexes 96
    Apartment buildings 60
    Quadplexes 10
    Short term rental properties 2

    Demographics Overview

    Population 307K
    Population Growth (5Y) +8.9%
    Median Household Income $47,918
    College Educated 9.5%

    High-Yield Neighborhoods for Investment

    Identify Newark submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    07106 $654.8K
    07107 $702.9K
    07112 $714.6K
    07108 $772.5K
    07103 $777K

    Taxes & Financing

    Tax Rate (average for all types) 3.63%
    Property Tax per SF $23.25 per SF
    Tax Rate vs County Average 0.60 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Essex County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Essex County

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Newark fall within the 50,000 to 100,000 square foot range.

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    Most Searched ZIP Codes in Newark, NJ

    • 07103
    • 07108
    • 07112
    • 07104
    • 07107
    • 07105
    • 07106

    Featured Newark Real Estate Agencies

    Realmo connects you with licensed Newark CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Rosa Agency Ironbound LLC
    360 Lafayette St Newark, NJ 07105
    Phone: 19735897550
    Logistics Real Estate Services LLC
    Newark, NJ 07105

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