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Three-Story Duplex with Finished Basement
For Sale
$510,000
Pending

314 Smith St, Newark, NJ 07106

Multi-Family, 3-Three Story, Newark City, NJ

Property SizeContact for details
Lot Size0.07 Acres
Days on Market51

Property Features for 314 Smith St

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 7
Bathrooms 4
Full bathrooms 3
Half bathrooms 2
Rooms Bedroom 3, Bedroom 1, Bedroom 5, Bedroom 6, Bathroom 1, Bedroom 4, Basement, Bedroom 7, Bathroom 2, Bedroom 2
Parking 3
Directions South Orange Avenue to Sanford Avenue right on 18th Avenue and left onto Smith St.
Standard status Pending
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 7798

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1927
Floors in Building 3
Number of units 2
Roof type Shingle
Architectural style Other
Listing Agency: RE/MAX SELECT · RE/MAX International
Listed By: CARLOS TURNER · License #273794
Added: Jul 13 Changed: Aug 19 Last Checked: Sep 1 at 11:06AM
MLS# 4040406

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 three-story duplex, built in 1927, includes seven bedrooms and two bathrooms across its residential layout. The property features separate utilities, spacious rooms, and a finished basement with a full bathroom and kitchenette. Public water and public sewer serve the site, while the roof is finished with shingles.

The property occupies 0.07 acres at 314 Smith St in Newark City, NJ 07106-2518. It is situated on a residential street near major highways, public transportation, shopping, schools, and parks. The configuration provides two residential units along with additional finished basement space for household use.

Key Highlights

  • Three‑story duplex built in 1927
  • Seven bedrooms and two bathrooms
  • Separate utilities serving the residential units

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Skin Care Clinic (Bike/Boat/Book/etc) Store Acupuncture

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

Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,127
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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit residential property with separate utilities, flexible living space, and a finished lower level with additional facilities.
Where is this duplex located?
The property is located at 314 Smith St Newark, NJ.
What is the asking price?
The asking price for this property is $510,000.
What are key features of this property?
This property features: Three‑story duplex built in 1927; Seven bedrooms and two bathrooms; Separate utilities serving the residential units
More about this property
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