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Duplex With Bonus Floor
For Sale
$500,000

123 Seymour Avenue, Newark, NJ 07108

Residential Income, Newark, NJ

Property Size4,534 SF
Lot Size0.07 Acres
Price / SF$110.28
Days on Market175

Property Features for 123 Seymour Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bathrooms 3
Full bathrooms 3
Rooms Basement, Bathroom 2, Bathroom 1, Bathroom 3
Patio and Porch features Porch
Interior features Unit 1(3 Bedrooms, Kitchen, 1 Bath, Living Room, See Remarks), Unit 2(), Unit 3(2 Bedrooms)
Exterior features Porch
Appliances Water Heater(Gas), Water Heater, Unit 1(Range/Oven, Refrigerator)
Elementary school district Newark City School District
Middle school district Newark City School District
High school district Newark City School District
Directions Home is located in the Clinton Hill Section of Newark off Clinton Ave.
Standard status Active
APN 1403024000000088
Size 4,534 SF
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 5412

Utilities

Sewer type Public Sewer
Cooling system Central Air
Water source Public

Building Details

Year built 1917
Floors in Building 3
Additional Structures See Remarks
Listing Agency: KELLER WILLIAMS ELITE REALTORS · Keller Williams Realty
Listed By: Shanae Hawkins
Added: Mar 20 Changed: Sep 2 Last Checked: Sep 10 at 7:06PM
MLS# 2612541R

Copyright © 2026 All Jersey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 1917, this 4,534-square-foot legal two-family residence includes a bonus floor and a three-level layout. The first floor is occupied under a lease expiring in June, while the second and third floors are vacant. The home includes a porch, central air, a gas water heater, and a basement. Existing room information identifies a three-bedroom first-floor arrangement and a two-bedroom third-floor arrangement; the source does not provide a bedroom count for the second floor.

The property sits on a 0.0666-acre lot with public water and public sewer. There is no driveway, with parking available on the street. The home requires some work and has an underground oil tank. Its location is described as being close to schools and transportation.

Key Highlights

  • 4,534‑square‑foot legal two‑family residence with a bonus floor
  • First‑floor tenancy has a lease expiration in June
  • Second and third floors are vacant

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Parking Lot & Garage Nursing Home Gym & Fitness Center

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

Location Intelligence

Trade Area within ½ mile

1,184
Businesses Nearby

Demographics for 07108, NJ

28,715
Population
12,862
Households
2.2
Avg Household Size
32
Median Age
17%
College-Educated
85%
High-School Grad
1.4 sq mi
ZIP Area
20,511
Density / Sq Mi
$33,960
Median Household Income
$30,336
Median Earnings
$1,098
Median Rent
$326,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Legal two-family residence with a leased first floor, vacant upper levels, porch, and central air conditioning.
Where is this duplex located?
The property is located at 123 Seymour Avenue Newark, NJ.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: 4,534‑square‑foot legal two‑family residence with a bonus floor; First‑floor tenancy has a lease expiration in June; Second and third floors are vacant
More about this property
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