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    22 Speedway Ave Newark, NJ 07106

    Pending
    For Sale
    $869,000

    Under/Over, Multi-Family - Newark City, NJ

    Lot size:
    0.07 Acres
    Days on Market:
    41
    Last Refresh:
    Dec 6 at 10:06 pm

    Property Features for 22 Speedway Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Property condition
    New Construction
    Standard status
    Pending
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Dining Room, Kitchen, Laundry
    Bedrooms
    6
    Bathrooms
    5
    Parking
    2
    Interior features
    Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector
    Exterior features
    Sidewalk, Thermal Windows/Doors
    Basement Y/N
    1
    Appliances
    Dishwasher, Microwave, Oven - Gas, Range, Refrigerator, Washer
    Lot size
    0.07 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air, Multi Units

    Building Details

    Year built
    2025
    Number of units
    2
    Building materials
    Vinyl Siding
    Roof type
    Flat
    Architectural style
    Other

    Keller Williams Mid-Town Direct Realty (973) 762-5400 [email protected]

    Listing agent TOVIA LICHTMAN (973) 762-5400

    Listing date Oct 27, 2025

    MLS# 3984798 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 City New Construction Duplex

    Located in Newark City, this newly constructed two-family home at 22 Speedway Avenue is scheduled for completion in 2025. The property features an under/over-style layout, with two distinct units. Unit 1 includes 3 bedrooms, 2.5 baths, a combined living and dining area, and an eat-in kitchen. Unit 2 offers 3 bedrooms and 2 full baths, with an open layout. Both units are equipped with central air, forced hot air heat, and modern finishes. The property also includes a fully finished walk-out basement. Additional features include a built-in 2-car garage, separate utilities for each unit, and thermal windows and doors. Situated near shopping, schools, parks, and transportation, this property on a 0.07-acre lot is suitable for homeowners and investors.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -74.21332
    Latitude
    40.74385

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    FAQs

    What type of property is this?
    Duplex - New two-family home in Newark, built in 2025.
    Where is this duplex located?
    The property is located at 22 Speedway Ave Newark, NJ.
    What is the asking price?
    The asking price for this property is $869,000.
    What are key features of this property?
    This property features: - Brand new 2-family construction (2025) offering immediate occupancy and modern features.; - Two spacious units, each with 3 bedrooms and multiple bathrooms, suitable for owner-occupancy with rental income or full investment.; - Fully finished walk-out basement providing additional living space and flexibility.
    (973) 762-5400
    Request Owner's contact information
    22 Speedway Ave 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
    22 Speedway Ave Newark, NJ 07106
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