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Duplex with New Roof
For Sale
$625,000

268 Walnut St, Newark, NJ 07105

MULTI_FAMILY - Newark City, NJ

Property SizeContact for details
Lot Size0.06 Acres
Days on Market126

Property Features for 268 Walnut St

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Bedroom 3, Bedroom 1, Bathroom 1, Bathroom 2, Bedroom 4, Basement
Subdivision Ironbound
Lot features Level Lot
Directions Between Adams & Jefferson St
Standard status Active
Lot size 0.06 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 6662

Utilities

Sewer type Public Sewer
Heating system Hot Water(Heating), Other (Heating)
Water source Public

Building Details

Year built 1920
Floors in Building 2
Number of units 2
Roof type Flat
Architectural style Other
Listing Agency: NENO-ROSA AGENCY
Listed By: AUGUSTO NENO · License #243126
Added: Apr 8 Changed: Aug 3 Last Checked: Aug 11 at 8:06AM
MLS# 4019329

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-family duplex at 268 Walnut St offers two separate living areas. The first floor features one large bedroom, a living room, an eat-in kitchen, and a newer bathroom. The second floor includes three bedrooms, a living room, an eat-in kitchen, and a full bathroom. There is an unfinished basement with a laundry area and storage.

The property has a newer roof and separate hot water, gas, and electric. The owner pays heat (gas). The lot is fenced.

Additional utilities and infrastructure include public water and public sewer. The building was built in 1920 and has a flat roof and hot water heating system. The home is within a short walk to Independence Park and shopping, with transportation to NYC noted nearby.

Key Highlights

  • Two‑family duplex with first‑floor 1‑bedroom unit and second‑floor 3‑bedroom unit
  • Newer roof and flat roof construction
  • Unfinished basement with laundry area and storage space

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Nursing Home (Bike/Boat/Book/etc) Store Buffet Tanning Salon Locksmith Clothing & Fashion Store

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

Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

4,639
Businesses Nearby

Demographics for 07105, NJ

50,870
Population
20,608
Households
2.5
Avg Household Size
35
Median Age
15%
College-Educated
70%
High-School Grad
4.6 sq mi
ZIP Area
11,059
Density / Sq Mi
$55,752
Median Household Income
$33,175
Median Earnings
$1,600
Median Rent
$445,900
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 - Duplex in Newark’s Ironbound with separate utilities, public water and sewer, and an unfinished basement with laundry and storage.
Where is this duplex located?
The property is located at 268 Walnut St Newark, NJ.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Two‑family duplex with first‑floor 1‑bedroom unit and second‑floor 3‑bedroom unit; Newer roof and flat roof construction; Unfinished basement with laundry area and storage space
More about this property
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