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    35 Vernon Ave Newark, NJ 07108

    For Sale
    $699,000

    Meticulously maintained two-family home with modern updates and prime location.

    Lot size:
    0.08 Acres

    Property Features for 35 Vernon Ave

    General Information

    Lot size
    0.08 Acres

    Building Details

    Year built
    1897

    Source: REAL Agent RAMY ALQASSISSA

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

    Overview

    Renovated Two-Family Home in Newark

    This renovated and meticulously maintained two-family home is suitable for owner-occupants or investors. The first-floor unit features 4 bedrooms and 2 full bathrooms, while the second-floor unit includes 3 bedrooms and 1 full bathroom. A bonus finished attic offers 2 additional bedrooms, a full bathroom, and in-unit laundry. The finished basement provides added versatility with 2 bedrooms, a full bathroom, and a private laundry area for each apartment. The property has been updated with high-quality finishes and modern details throughout. It includes 3-zone central air conditioning and a detached garage. The location offers proximity to transportation, shopping, and local amenities.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -74.2097372
    Latitude
    40.7221817

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    FAQs

    What type of property is this?
    Duplex - Meticulously maintained two-family home with modern updates and prime location.
    Where is this duplex located?
    The property is located at 35 Vernon Ave Newark, NJ.
    What is the asking price?
    The asking price for this property is $699,000.
    What are key features of this property?
    This property features: - Two-family home ideal for owner-occupants or investors.; - Multiple units with a total of 11 bedrooms and 6 bathrooms.; - Finished attic with 2 bedrooms, full bathroom, and in-unit laundry.
    (855) 450-0442
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    35 Vernon Ave Newark, NJ 07108
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    Newark, NJ 07108
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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
    35 Vernon Ave Newark, NJ 07108
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