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Two-Unit Duplex
For Sale
$575,000

126 Verona Ave, Newark, NJ 07104

Multi-Family, 2-Two Story, Newark City, NJ

Property SizeContact for details
Lot Size0.06 Acres
Days on Market24

Property Features for 126 Verona Ave

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 3
Full bathrooms 2
Half bathrooms 1
Rooms Bathroom 1, Basement, Bedroom 3, Bedroom 2, Bathroom 2, Bedroom 1, Bedroom 4
Directions Between Summer Ave & Broadway
Standard status Active
Lot size 0.06 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 8521

Utilities

Water source Public

Building Details

Year built 1905
Floors in Building 2
Number of units 2
Roof type Shingle
Architectural style Other
Listing Agency: UNITED REAL ESTATE
Listed By: ESTHER TEJADA
Added: Sep 9 Changed: Oct 1 Last Checked: Oct 2 at 7:06PM
MLS# 4051391

Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This two-story duplex at 126 Verona Ave includes two separate residential units with bedrooms, bathrooms, and basement space. The property was built in 1905 and has a shingle roof supplied by public water service. Its 0.06-acre lot is located in North Newark, within close proximity to schools, places of worship, parks, and public transportation. The separate-unit layout provides distinct residential accommodations within one building.

Key Highlights

  • Two separate residential units
  • Two‑story configuration
  • 0.06‑acre lot

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Parking Lot & Garage Real Estate Agency (Bike/Boat/Book/etc) Store Locksmith Tattoo & Piercing Shop

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,355
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
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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?
Duplex - The property contains two separate residential units in a two-story configuration.
Where is this duplex located?
The property is located at 126 Verona Ave Newark, NJ.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Two separate residential units; Two‑story configuration; 0.06‑acre lot
More about this property
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