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Two-Unit Duplex
For Sale
$799,000

59 Norwood St, Newark, NJ 07106

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

Property SizeContact for details
Lot Size0.06 Acres
Days on Market9

Property Features for 59 Norwood St

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Bathrooms 3
Full bathrooms 2
Half bathrooms 2
Rooms Bathroom 1, Bedroom 4, Bedroom 3, Bedroom 1, Bedroom 2, Bathroom 2, Bedroom 6, Bathroom 4, Bathroom 3, Bedroom 5
Parking 2
Patio and Porch features Porch
Exterior features Open Porch(es)
Directions Off South Orange Avenue- One block parallel to Stuyvesant
Standard status Active
Lot size 0.06 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 5270

Utilities

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

Amenities

backyard

Building Details

Year built 1996
Floors in Building 2
Number of units 2
Roof type Shingle
Architectural style Other
Listing Agency: RE/MAX FIRST REALTY II · RE/MAX International
Listed By: DORIS TAHIR · License #1650006
Added: Sep 19 Changed: Sep 25 Last Checked: Sep 27 at 2:06PM
MLS# 4054128

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-unit duplex was built in 1996 and has been remodeled. Each residence includes 3 bedrooms and 1.5 bathrooms, providing a consistent layout across both units. The property also features a backyard, an open porch, and a 2-car driveway. Heating is provided by hot water and radiant systems, with a shingle roof and public water and sewer service.

Located in Newark City’s Vailsburg section, the property offers access to public transportation, highways, places of worship, and eateries. It is being sold as-is, with the buyer responsible for obtaining the certificate of occupancy from the town.

Key Highlights

  • Two residential units, each with 3 bedrooms and 1.5 bathrooms
  • Remodeled duplex built in 1996
  • 0.06‑acre lot with backyard

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency (Bike/Boat/Book/etc) Store Accounting Firm Carpet & Flooring Store Dental Office

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

1,214
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Remodeled residential income property with spacious layouts, private outdoor features, and off-street parking.
Where is this duplex located?
The property is located at 59 Norwood St Newark, NJ.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Two residential units, each with 3 bedrooms and 1.5 bathrooms; Remodeled duplex built in 1996; 0.06‑acre lot with backyard
More about this property
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