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    18 Salem St Newark, NJ 07106

    New
    For Sale
    $524,999

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

    Lot size:
    0.06 Acres
    Days on Market:
    5
    Last Refresh:
    Dec 6 at 12:06 pm

    Property Features for 18 Salem St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Living Room
    Bedrooms
    5
    Bathrooms
    2
    Basement Y/N
    1
    Lot size
    0.06 Acres

    Utilities

    Cooling system
    Multi Units

    Building Details

    Number of units
    2
    Building materials
    Brick, Vinyl Siding
    Roof type
    Asphalt, Flat, Shingle
    Architectural style
    Other

    RE/MAX SELECT (908) 233-9292 [email protected]

    Listing agent BRENDA FELIX (908) 233-9292

    Listing date Dec 2, 2025

    MLS# 3985130 Listing URL

    Copyright © 2025 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.

    Overview

    Newark Two-Family Move-In Ready Residence

    This charming two-family residence in Newark is move-in ready. The property features hardwood floors and stylish finishes, including quartz countertops, stainless appliances, and a modern eat-in kitchen. Each unit is equipped with central air and heat. An unfinished basement offers potential for customization. The property is situated close to public transportation, making it accessible for residents. This residence is suitable for investors and owner-occupants seeking income potential and urban accessibility.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    Essex
    State
    New Jersey
    Longitude
    -74.22991
    Latitude
    40.74579

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    FAQs

    What type of property is this?
    Duplex - Charming, updated two-family home in Newark, move-in ready.
    Where is this duplex located?
    The property is located at 18 Salem St Newark, NJ.
    What is the asking price?
    The asking price for this property is $524,999.
    What are key features of this property?
    This property features: - Move-in ready two-family residence, ideal for owner-occupants or investors.; - Each unit features central air and heat.; - Modern eat-in kitchen with QUARTZ countertops and STAINLESS STEEL appliances.
    (908) 233-9292
    Request Owner's contact information
    18 Salem St Newark, NJ 07106
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    Newark, NJ 07106
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    18 Salem St Newark, NJ 07106
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