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Newly Built Two-Family Rental
For Lease
$2,800/Mo

10 Shaw Ave 2, Newark, NJ 07112

Well-maintained, newly constructed two-family home with central air, forced-air heat, and updated kitchen appliances.

Space SizeContact for details
Days on Market89

Property Features for 10 Shaw Ave 2

General Information

Standard status Active
Property subtype Multi Family

Additional Details

Highway Access Yes
Multifamily Units 2

Building Details

Year Built 2024
Tenancy Multi
Listing Agency: Realty ONE Group Living
Listed By: KATIMA OYIBO
Source: Elliman
Added: Jun 3 Changed: Aug 19 Last Checked: Aug 29 at 12:56PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty ONE Group Living

Investment Insights

Based on property information with market context.

This newly constructed two-family rental is extremely well maintained and designed for easy move-in. The unit features a wide-open layout with hardwood and tile floors throughout, along with central air conditioning and forced-air heat for year-round comfort. The kitchen is functional and includes upgraded appliances, as well as washer and dryer hookups to support day-to-day convenience.

Located in the heart of Newark, the home is close to Beth Israel Hospital and surrounded by restaurants and shops. Access is supported by nearby bus stops, along with proximity to major roadways including Route 78, Route 1 & 9, the NJ Turnpike, and the Garden State Parkway. The listing also notes that Newark Airport is about 10 minutes away, and that a New Jersey Transit train station is nearby for trips toward Midtown NYC Penn Station.

This configuration is well suited for tenants looking for a maintained, move-in-ready rental with updated mechanical comfort and a practical, appliance-equipped kitchen. It also offers in-unit laundry hookup capability, which can simplify living logistics for everyday routines.

Key Highlights

  • Newly constructed 2‑family home built in 2024
  • 3 bedrooms and 2 bathrooms with a wide‑open layout
  • Hardwood and tile flooring throughout

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Gym & Fitness Center Skin Care Clinic (Bike/Boat/Book/etc) Store

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
Multi-tenant
Tenancy
Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,830
Businesses Nearby

Demographics for 07112, NJ

29,773
Population
11,779
Households
2.5
Avg Household Size
34
Median Age
18%
College-Educated
86%
High-School Grad
1.4 sq mi
ZIP Area
21,266
Density / Sq Mi
$55,171
Median Household Income
$35,709
Median Earnings
$1,334
Median Rent
$306,100
Median Home Value

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 - Well-maintained, newly constructed two-family home with central air, forced-air heat, and updated kitchen appliances.
Where is this duplex located?
The property is located at 10 Shaw Ave 2 Newark, NJ.
What is the lease rate?
The lease rate is $2,800/Mo.
What are key features of this property?
This property features: Newly constructed 2‑family home built in 2024; 3 bedrooms and 2 bathrooms with a wide‑open layout; Hardwood and tile flooring throughout
More about this property
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