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Renovated Two-Unit Duplex
For Sale
$689,000

407 Chadwick Ave, Newark, NJ 07112

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

Property SizeContact for details
Lot Size0.09 Acres
Days on Market19

Property Features for 407 Chadwick Ave

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Bedroom 3, Bedroom 4, Bathroom 1, Basement, Bedroom 6, Bathroom 2, Bedroom 5, Bedroom 1
Parking 1
Subdivision Weequahic
Directions Nye Ave to Chadwick Ave
Standard status Active
Lot size 0.09 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 5962

Utilities

Sewer type Public Sewer
Heating system Other (Heating), Forced Air, Steam
Cooling system Central Air
Water source Public

Amenities

central air

Building Details

Year built 1917
Floors in Building 2
Number of units 2
Roof type Shingle
Architectural style Other
Listing Agency: KELLER WILLIAMS MID-TOWN DIRECT · Keller Williams Realty
Listed By: TOVIA LICHTMAN · License #306876
Added: Aug 11 Changed: Aug 27 Last Checked: Aug 29 at 4:06PM
MLS# 4046186

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 residences, each arranged with three bedrooms and one full bathroom. Both units feature living rooms and eat-in kitchens. The first unit includes forced hot air heating and central air, while the second adds a den and porch. An unfinished basement provides storage space, and a private driveway offers off-street parking.

Constructed in 1917, the property sits on a 0.09-acre lot in Newark City, New Jersey. Public water and sewer serve the building, which has a shingle roof. The layout combines two-family functionality with distinct interior features across the units, including a total of six bedrooms and two full bathrooms.

Key Highlights

  • Two‑unit duplex with 6 bedrooms and 2 full bathrooms
  • Each unit includes 3 bedrooms and 1 full bathroom
  • Renovated interiors with living rooms and eat‑in kitchens

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 Gym & Fitness Center

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

Location Intelligence

Trade Area within ½ mile

1,672
Businesses Nearby

Demographics for 07112, NJ

29,773
Population
11,779
Households
2.5
Avg Household Size
34
Median Age
18%
College-Educated
86%
High-School Grad
1.4 sq mi
ZIP Area
21,266
Density / Sq Mi
$55,171
Median Household Income
$35,709
Median Earnings
$1,334
Median Rent
$306,100
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 three-bedroom units include eat-in kitchens, with one offering a den and porch and the property providing private driveway parking.
Where is this duplex located?
The property is located at 407 Chadwick Ave Newark, NJ.
What is the asking price?
The asking price for this property is $689,000.
What are key features of this property?
This property features: Two‑unit duplex with 6 bedrooms and 2 full bathrooms; Each unit includes 3 bedrooms and 1 full bathroom; Renovated interiors with living rooms and eat‑in kitchens
More about this property
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