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Newark Two-Family Home with Abatement
For Sale
$789,000
Pending

513 S 10Th St, Newark, NJ 07103

Contemporary two-family home with tax abatement eligibility in Newark.

Property SizeContact for details
Days on Market147

Property Features for 513 S 10Th St

General Information

Standard status Pending
Property subtype Multi Family

Building Details

Year Built 2026
Units 2
Listing Agency: ROSA AGENCY
Listed By: SHAWN ROSA · License #274328
Source: Elliman
Added: Apr 9 Changed: Aug 22 Last Checked: Sep 1 at 7:14PM

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 ROSA AGENCY

Investment Insights

Based on property information with market context.

This is a new, contemporary-style two-family home. The ground floor features a two-car built-in garage in the front, with a bedroom, family room, TV room, and half bathroom in the rear. The second and third floors each contain a three-bedroom, two-bathroom apartment. The home features central air conditioning and forced air heat throughout, as well as hardwood and ceramic tile floors. The property is constructed with high-quality materials and craftsmanship and is eligible for a five-year property tax abatement. Affordable housing restrictions apply. The buyer must be an owner-occupant and remain in the home for 10 years. The rental unit must be reserved for a moderate-income occupant. These requirements will be included in a deed restriction to be agreed to by the buyer during attorney review. The bike score is 50, indicating it is bikeable. The walk score is 69, indicating it is somewhat walkable. The transit score is 61, indicating good transit.

Key Highlights

  • Brand new, contemporary 2‑family home built in 2026.
  • Two 3‑bedroom/2‑bathroom apartments.
  • Eligible for a 5‑year property tax abatement.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Acupuncture (Bike/Boat/Book/etc) Store Storage Facility Travel Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,518
Businesses Nearby

Demographics for 07103, NJ

39,439
Population
13,832
Households
2.9
Avg Household Size
30
Median Age
21%
College-Educated
81%
High-School Grad
2.2 sq mi
ZIP Area
17,927
Density / Sq Mi
$42,397
Median Household Income
$34,278
Median Earnings
$1,289
Median Rent
$259,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Duplex - Contemporary two-family home with tax abatement eligibility in Newark.
Where is this duplex located?
The property is located at 513 S 10Th St Newark, NJ.
What is the asking price?
The asking price for this property is $789,000.
What are key features of this property?
This property features: Brand new, contemporary 2‑family home built in 2026.; Two 3‑bedroom/2‑bathroom apartments.; Eligible for a 5‑year property tax abatement.
More about this property
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