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Two-Family Duplex with Unfinished Basement
For Sale
$529,999

542 S 18Th St, Newark, NJ 07103

MULTI_FAMILY - Newark City, NJ

Property SizeContact for details
Lot Size0.06 Acres
Days on Market60

Property Features for 542 S 18Th St

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 6, Basement, Bedroom 5, Bedroom 3, Bathroom 2, Bedroom 2, Bedroom 1, Bathroom 1, Bedroom 4
Interior features Carbon Monoxide Detector
Directions 14th Ave. to South 18th St. or use gps
Standard status Active
Lot size 0.06 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 6002

Utilities

Sewer type Public Sewer
Heating system Forced Air
Water source Public

Building Details

Year built 1910
Number of units 2
Roof type Shingle, Flat
Listing Agency: REALTY ONE GROUP LIVING
Listed By: EVA TINEO · License #296492
Added: Jul 3 Changed: Aug 18 Last Checked: Aug 31 at 6:06PM
MLS# 4038391

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 two residential units within a single structure, each featuring three bedrooms and one full bathroom. The first-floor unit is tenant occupied, while the second-floor unit is vacant, creating an opportunity for renovation and owner occupancy or rental income. An unfinished basement provides additional storage and potential space, subject to municipal approvals. Heating is forced air, and interior features include a carbon monoxide detector.

The property sits on a 0.06-acre lot and was built in 1910. It has public water and public sewer service, with a shingle and flat roof.

The property is being sold strictly AS IS. The buyer is responsible for obtaining the Certificate of Occupancy (CO), completing any required municipal inspections, and addressing any lender-required repairs, if applicable.

Key Highlights

  • 0.06‑acre lot with a 1910 build year
  • Two units: each has three bedrooms and one full bathroom
  • First‑floor unit tenant occupied; second‑floor unit vacant

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency (Bike/Boat/Book/etc) Store Acupuncture Gym & Fitness Center Bakery

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

1,269
Businesses Nearby

Demographics for 07103, NJ

39,439
Population
13,832
Households
2.9
Avg Household Size
30
Median Age
21%
College-Educated
81%
High-School Grad
2.2 sq mi
ZIP Area
17,927
Density / Sq Mi
$42,397
Median Household Income
$34,278
Median Earnings
$1,289
Median Rent
$259,300
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 forced-air heating, public water and public sewer, with one unit tenant occupied and the other vacant.
Where is this duplex located?
The property is located at 542 S 18Th St Newark, NJ.
What is the asking price?
The asking price for this property is $529,999.
What are key features of this property?
This property features: 0.06‑acre lot with a 1910 build year; Two units: each has three bedrooms and one full bathroom; First‑floor unit tenant occupied; second‑floor unit vacant
More about this property
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