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Duplex with Private Driveway Parking
For Sale
$640,000
Pending

466 Delavan Ave, Newark, NJ 07107

MULTI_FAMILY - Newark City, NJ

Property SizeContact for details
Lot Size0.06 Acres
Days on Market100

Property Features for 466 Delavan Ave

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 4, Bedroom 2, Bedroom 1, Bedroom 3, Bathroom 2, Bathroom 1, Basement
Parking 6
Subdivision UPPER ROSEVILLE
Directions Heller Pkwy to North 6th St to Delavan Ave.
Standard status Pending
Lot size 0.06 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 5642

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1963
Floors in Building 2
Number of units 2
Roof type Shingle
Architectural style Other
Listing Agency: PREMIER HOMES
Listed By: JORGE RUEDA
Added: May 4 Changed: Aug 4 Last Checked: Aug 11 at 7:06PM
MLS# 4025930

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 offers a flexible layout with a spacious 3-bedroom unit and a 1-bedroom unit, supported by a full basement. The home was built in 1963 and features a shingle roof, with public water and public sewer service. While the interior is described as being in average condition, the basement provides space that may be used for additional living areas, storage, or future improvements.

A standout exterior feature is an oversized private driveway with parking for up to 6 vehicles. The property sits on a 0.06-acre lot in Newark, in the Upper Roseville section, with access to major transportation and nearby shopping. The home’s configuration can appeal to investors seeking rental flexibility or an owner-occupant looking to offset expenses with a second unit.

Key Highlights

  • 3‑bedroom unit plus 1‑bedroom unit in a two‑family duplex
  • Oversized private driveway with parking for up to 6 vehicles
  • Full basement with potential for additional living space or storage

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Parking Lot & Garage Furniture & Home Goods Veterinary Clinic Nursing Home

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

Location Intelligence

Trade Area within ½ mile

1,275
Businesses Nearby

Demographics for 07107, NJ

41,627
Population
16,084
Households
2.6
Avg Household Size
33
Median Age
13%
College-Educated
77%
High-School Grad
1.6 sq mi
ZIP Area
26,017
Density / Sq Mi
$49,892
Median Household Income
$35,700
Median Earnings
$1,259
Median Rent
$353,300
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-family duplex with a 3-bedroom unit and 1-bedroom unit, full basement, and private driveway parking for up to 6 vehicles.
Where is this duplex located?
The property is located at 466 Delavan Ave Newark, NJ.
What is the asking price?
The asking price for this property is $640,000.
What are key features of this property?
This property features: 3‑bedroom unit plus 1‑bedroom unit in a two‑family duplex; Oversized private driveway with parking for up to 6 vehicles; Full basement with potential for additional living space or storage
More about this property
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