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Two-Family Residential Income Property
For Sale
Contact for pricing
Pending

110 Peabody Place, Newark, NJ 07104

Two-unit home with updated kitchens and baths; Unit 2 is currently vacant.

Property SizeContact for details
Days on Market177

Property Features for 110 Peabody Place

General Information

Standard status Pending
Property subtype Multi Family 2-4 Units

Additional Details

Highway Access Yes
Multifamily Units 2
Listing Agency: Century 21 Gemini Realty, Upper Montclair
Listed By: Frank Borek
Source: Capmarkrealty
Added: Mar 17 Changed: Sep 8 Last Checked: Aug 25 at 3:37AM

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 Century 21 Gemini Realty, Upper Montclair

Investment Insights

Based on property information with market context.

This two-family residential income property offers two separate units within a single building. Both units feature updated kitchens, bathrooms, and living and dining areas, supporting straightforward rental-readiness. Unit 2 is currently vacant.

The property is located in Newark’s North Ward area, near the border of Belleville. The public remarks indicate convenient access to transportation and major highways, including Rt. 21 and Rt. 287, as well as Newark International Airport, shops, and schools.

As a residential income asset, the property’s key practical feature is its two-unit layout with updated interior finishes in both units, making it well-suited for owner-occupants or investors looking to generate rental income.

Key Highlights

  • Two‑family home (Year built 1902) with finished basement
  • Both units feature updated kitchens and bathrooms
  • Interior includes tile and wood floors, plus smoke detectors and a fire extinguisher

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Veterinary Clinic Skin Care Clinic Tattoo & Piercing Shop Electrical Service

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

1,181
Businesses Nearby

Demographics for 07104, NJ

54,051
Population
21,762
Households
2.5
Avg Household Size
35
Median Age
21%
College-Educated
71%
High-School Grad
2.5 sq mi
ZIP Area
21,620
Density / Sq Mi
$51,199
Median Household Income
$36,139
Median Earnings
$1,343
Median Rent
$337,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit home with updated kitchens and baths; Unit 2 is currently vacant.
Where is this duplex located?
The property is located at 110 Peabody Place Newark, NJ.
What are key features of this property?
This property features: Two‑family home (Year built 1902) with finished basement; Both units feature updated kitchens and bathrooms; Interior includes tile and wood floors, plus smoke detectors and a fire extinguisher
More about this property
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