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    83-85 Valley St Newark, NJ 07106

    Pending
    For Sale
    $499,900

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

    Lot size:
    0.09 Acres
    Days on Market:
    26
    Last Refresh:
    Dec 7 at 9:06 am

    Property Features for 83-85 Valley St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Pending
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Dining Room, Family Room, Kitchen, Living Room
    Bedrooms
    5
    Bathrooms
    3
    Parking
    3
    Parking features
    Driveway
    Patio and Porch features
    Patio
    Interior features
    High Ceilings, Smoke Detector
    Exterior features
    Metal Fence, Patio
    Fencing
    Fenced
    Basement Y/N
    1
    Appliances
    Oven - Gas, Range
    Lot size
    0.09 Acres

    Utilities

    Heating system
    Other (Heating), Steam

    Building Details

    Year built
    1952
    Number of units
    2
    Building materials
    Aluminum Siding
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    RE/MAX LIFETIME REALTORS (908) 688-2828 [email protected]

    Listing agent MONICA I. HENRIQUES (908) 688-2828

    Listing date Nov 12, 2025

    MLS# 3994817 Listing URL

    Copyright © 2025 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.

    Overview

    Newark City Two-Family Home

    This two-family home offers considerable potential. The first floor features two bedrooms, one bathroom, a living room, a dining room, and an eat-in kitchen with a pantry, all enhanced by high ceilings. The second floor mirrors this layout, also including two bedrooms, one bathroom, and an eat-in kitchen with a pantry. Additionally, the second floor provides access to a finished attic, which includes an extra bedroom, bathroom, and family room. The property includes an unfinished basement with a laundry area and separate utilities. A full driveway provides parking for three cars, complemented by a detached two-car garage. Situated on a 0.09-acre lot, this property offers an opportunity for customization.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    Essex
    State
    New Jersey
    Longitude
    -74.23068
    Latitude
    40.73892

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    FAQs

    What type of property is this?
    Duplex - Spacious two-family home with a detached two-car garage.
    Where is this duplex located?
    The property is located at 83-85 Valley St Newark, NJ.
    What is the asking price?
    The asking price for this property is $499,900.
    What are key features of this property?
    This property features: - Two-family home offering potential rental income or multi-generational living; - Finished attic with bedroom, bathroom, and family room provides additional living space; - Detached 2-car garage and driveway with parking for 3 cars
    (908) 688-2828
    Request Owner's contact information
    83-85 Valley St Newark, NJ 07106
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    Newark, NJ 07106
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    83-85 Valley St Newark, NJ 07106
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