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    228 E Kinney St Newark, NJ 07105

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    For Sale
    $799,000

    Two-family house in immaculate condition with separate utilities.

    Lot size:
    0.03 Acres

    Property Features for 228 E Kinney St

    General Information

    Lot size
    0.03 Acres

    Building Details

    Year built
    1928

    Source: EXIT REALTY LUCKY ASSOCIATES Agent MARILENE OLIVEIRA

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Immaculate Two-Family House

    This two-family house is in immaculate condition. The first-floor unit spans two floors and includes a living room, dining room, kitchen, half bath, laundry room, and rec room. This unit will be vacant at closing. The second floor of this unit features three bedrooms and one full bath. The second unit has two beds and one full bath. The property has separate utilities and a finished attic. This property can be sold together with 22 and 24 Nichols St, and may be ideal for future development if purchased together.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Gym & Fitness Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    Essex
    State
    New Jersey
    Longitude
    -74.1656207
    Latitude
    40.7251682

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    FAQs

    What type of property is this?
    Duplex - Two-family house in immaculate condition with separate utilities.
    Where is this duplex located?
    The property is located at 228 E Kinney 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-family house in immaculate condition; - First floor unit boasts 2 floors with a rec room, laundry room and half bath; - Separate utilities for each unit
    (973) 817-7700
    Request Owner's contact information
    228 E Kinney St Newark, NJ 07105
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    Newark, NJ 07105
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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
    228 E Kinney St Newark, NJ 07105
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