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Two-Story Residential Income Duplex

99 Bruen St Newark, NJ 07105

99 Bruen St, Newark, NJ, 07105
$749,999
For Sale
Claim this Listing
$749,999

MULTI_FAMILY - Newark City, NJ

Property Size2,963 SF
Lot Size0.05 Acres
Price / SF$253.12
AddedMar 31
Days on Market107
Last RefreshJul 15 at 12:06 am

Property Features for 99 Bruen St

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Bathrooms
4
Rooms
Bedroom 5, Bedroom 2, Bathroom 3, Bathroom 4, Basement, Bedroom 3, Bedroom 1, Bathroom 1, Bathroom 2, Bedroom 4
Standard status
Active
Size
2,963 SF
Lot size
0.05 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
7778

Utilities

Sewer type
Public Sewer
Water source
Public

Building Details

Year built
1909
Floors in Building
2
Number of units
2
Roof type
Shingle
Architectural style
Other

Listing agent PETER BOUTROS License #300361

Listing office EXP REALTY, LLC 28 VALLEY ROAD #1, Montclair, NJ

Listing date Mar 31, 2026

MLS# 4017648 Listing URL

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-story duplex offers 5 bedrooms and 2 full bathrooms with a bright, functional layout and generous room sizes. The home includes outdoor space with a private backyard suitable for gatherings and everyday relaxation.

A standout feature is the recreation space at the back, which includes its own kitchen and bathroom. This flexible area can support multiple uses while keeping privacy for the rest of the home.

Situated on a small lot, the property’s configuration emphasizes both indoor living space and dedicated rear entertainment or flex space, making it well-suited for households that need room to spread out.

Key Highlights

  • 2‑story home built in 1909 with 5 bedrooms and 2 full bathrooms
  • Includes public water and public sewer
  • Shingle roof

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $74.7k $25.20
− Vacancy −$3.6k −$1.22
EGI $71.1k $23.98
− OpEx −$21.3k −$7.19
NOI $49.7k $16.79
2,963 SF · lease $25.20/SF/yr · vacancy 4.84% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$710.5K
$621.7K – $829.0K (±1% cap)
NOI $49,738 @ 7.0% cap · market cap 6.63%
Second Best
Apartment 5plus
$649.5K
$568.4K – $757.8K (±1% cap)
NOI $45,468 @ 7.0% cap · market cap 6.06%
Theoretical Best
Office A
$1.06M
$927.3K – $1.24M (±1% cap)
NOI $74,184 @ 7.0% cap · market cap 9.89%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Veterinary Clinic Nursing Home Nursing Home (Bike/Boat/Book/etc) Store Buffet Pet Grooming Service Clothing & Fashion Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Locksmith

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

FAQs

What type of property is this?
Duplex - Two-story duplex with 5 bedrooms, 2 full bathrooms, private backyard, and a rear recreation space with kitchen and bath.
Where is this duplex located?
The property is located at 99 Bruen St Newark, NJ.
What is the asking price?
The asking price for this property is $749,999.
What are key features of this property?
This property features: 2‑story home built in 1909 with 5 bedrooms and 2 full bathrooms; Includes public water and public sewer; Shingle roof
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