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Renovated Newark Two-Family Home
For Sale
$599,999
Pending

194 Hillside Ave, Newark, NJ 07108

Updated two-family property with parking and potential basement finishing.

Days on Market71

Property Features for 194 Hillside Ave

General Information

Standard status Pending
Property subtype Multi Family

Building Details

Year Built 2020
Listing Agency: CONLEY REALTY
Listed By: TAIESHA MURCHISON · License #287219
Source: Elliman
Added: May 21 Changed: Jul 10 Last Checked: Jul 30 at 8:39AM

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 CONLEY REALTY

Investment Insights

Based on property information with market context.

This is a renovated two-family property that includes parking and a spacious basement with the potential for finishing. Central air conditioning and stainless steel appliances are installed throughout the building. The first floor is currently vacant and features three bedrooms and one bathroom, with an estimated market rent of $2,350 to $2,500. The second floor is occupied on a month-to-month basis, offering four bedrooms and one bathroom, and is currently rented for $2,600. The property is located close to the highway and transportation options. The bike score is 48, indicating it is somewhat bikeable. The walk score is 70, indicating it is somewhat walkable. The transit score is 56, indicating good transit options.

Key Highlights

  • Renovated 2‑family property built in 2020.
  • First floor is vacant with 3 beds and 1 bath, offering immediate rental income potential ($2350-$2500 market rent).
  • Central air and stainless steel appliances throughout both units.**

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Skin Care Clinic Law Firm Real Estate Agency (Bike/Boat/Book/etc) Store Florist

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

1,326
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
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Frequently Asked Questions

What type of property is this?
Duplex - Updated two-family property with parking and potential basement finishing.
Where is this duplex located?
The property is located at 194 Hillside Ave Newark, NJ.
What is the asking price?
The asking price for this property is $599,999.
What are key features of this property?
This property features: Renovated 2‑family property built in 2020.; First floor is vacant with **3 beds and 1 bath**, offering immediate rental income potential ($2350-$2500 market rent).; Central air and stainless steel appliances throughout both units.**
More about this property
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