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Newark Two-Family Home For Sale
For Sale
$899,000
Pending

706 Bergen St, Newark, NJ 07108

New construction duplex in desirable Newark neighborhood, ideal for investors.

Property SizeContact for details
Days on Market112

Property Features for 706 Bergen St

General Information

Standard status Pending
Property subtype Multi Family

Taxes and HOA fees

Annual Taxes $2,199

Building Details

Year Built 2026
Units 2
Listed By: EVEROL PRIME
Source: Elliman
Added: May 15 Changed: Aug 22 Last Checked: Sep 1 at 9:14PM

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 EVEROL PRIME

Investment Insights

Based on property information with market context.

This new construction two-family home is located in a desirable and secure Newark neighborhood, directly across from the Police Training Center. The property is suitable for investors seeking immediate returns or owner-occupants looking to offset their mortgage. Unit 1 features 4 bedrooms and 4 full bathrooms, designed to function as a luxury single-family home. Unit 2 also includes 4 bedrooms, 3 full bathrooms, and a private roof deck. Both units offer an open-concept kitchen, living, and dining area with natural light from near floor-to-ceiling windows. Each unit is equipped with in-unit laundry rooms and multiple oversized closets. The property is move-in ready with no deferred maintenance. The location provides peace of mind for both residents and investors. The bike score is 41, indicating it is somewhat bikeable. The walk score is 80, indicating it is very walkable. The transit score is 59, indicating good transit.

Key Highlights

  • Brand new 2‑family construction (built in 2026) offering immediate occupancy.
  • Located directly across from the Police Training Center in a desirable and secure Newark neighborhood.
  • Each unit features 4 bedrooms and multiple full bathrooms (4 in Unit 1, 3 in Unit 2).

Property Analytics

Current Use

Duplexes

Suggested Use

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

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

1,251
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

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Duplex - New construction duplex in desirable Newark neighborhood, ideal for investors.
Where is this duplex located?
The property is located at 706 Bergen St Newark, NJ.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Brand new 2‑family construction (built in 2026) offering immediate occupancy.; Located directly across from the Police Training Center in a desirable and secure Newark neighborhood.; Each unit features 4 bedrooms and multiple full bathrooms (4 in Unit 1, 3 in Unit 2).
More about this property
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