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Renovated Duplex with Enclosed Porch
For Sale
$549,999

240-242 Sunset Ave, Newark, NJ 07106

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

Property SizeContact for details
Lot Size0.08 Acres
Days on Market93

Property Features for 240-242 Sunset Ave

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 3, Bathroom 1, Bedroom 1, Bathroom 2, Bedroom 2, Bedroom 4, Basement
Parking 4
Directions CENTRAL AVE TO S. ORANGE AVE TO SUNSET AVE. Use GPS
Standard status Active
Lot size 0.08 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 7798

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air
Water source Public

Amenities

spacious backyard
enclosed front porch

Building Details

Year built 1922
Floors in Building 2
Number of units 2
Roof type Shingle
Architectural style Other
Listing Agency: RE/MAX PROFESSIONALS I · RE/MAX International
Listed By: CHRISTOPHER STEAD
Added: May 29 Changed: Aug 19 Last Checked: Aug 29 at 12:06AM
MLS# 4030972

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 renovated duplex contains two residential units, each arranged with two bedrooms and one bathroom. The property also includes a basement, enclosed front porch, spacious backyard, and a one-car-width driveway. Forced-air heat, central air conditioning, a shingle roof, public water, and public sewer serve the home.

Built in 1922, the property occupies 0.08 acres in Newark, New Jersey. Public transportation, major highways, shopping, and schools are identified nearby, while the property’s setting also provides access toward New York City. The two-unit layout supports residential income use or an owner-occupant arrangement.

Key Highlights

  • Two units, each with 2 bedrooms and 1 bath
  • Renovated duplex on a 0.08‑acre lot
  • Enclosed front porch and spacious backyard

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Parking Lot & Garage Acupuncture Cafe & Coffee 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
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,221
Businesses Nearby

Demographics for 07106, NJ

34,596
Population
13,633
Households
2.5
Avg Household Size
35
Median Age
18%
College-Educated
85%
High-School Grad
1.4 sq mi
ZIP Area
24,711
Density / Sq Mi
$48,105
Median Household Income
$34,820
Median Earnings
$1,221
Median Rent
$321,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-bedroom residences offer private outdoor space, central air, and a driveway for convenient access.
Where is this duplex located?
The property is located at 240-242 Sunset Ave Newark, NJ.
What is the asking price?
The asking price for this property is $549,999.
What are key features of this property?
This property features: Two units, each with 2 bedrooms and 1 bath; Renovated duplex on a 0.08‑acre lot; Enclosed front porch and spacious backyard
More about this property
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