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    83 Valley St Newark, NJ 07106

    For Sale
    $499,900

    Two-family home featuring a flexible layout and customization potential.

    Lot size:
    0.09 Acres

    Property Features for 83 Valley St

    General Information

    Lot size
    0.09 Acres

    Building Details

    Year built
    1952

    Source: RE/MAX LIFETIME REALTORS Agent MONICA I. HENRIQUES

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

    Overview

    Spacious Two-Family Home with Potential

    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. High ceilings are present throughout the first floor. The second floor mirrors this layout, also offering 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 additional bedroom, bathroom, and family room. The property includes an unfinished basement with a laundry area and separate utilities. A full driveway provides parking space for three cars, and a detached two-car garage is also present. The 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
    -74.230567
    Latitude
    40.7390188

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    FAQs

    What type of property is this?
    Duplex - Two-family home featuring a flexible layout and customization potential.
    Where is this duplex located?
    The property is located at 83 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
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    83 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 Valley St Newark, NJ 07106
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