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Duplex Investment Property with Detached Garages
For Sale
$850,000

13-15 May St, Newark, NJ 07104

MULTI_FAMILY - Newark City, NJ

Property SizeContact for details
Lot Size0.12 Acres
Days on Market63

Property Features for 13-15 May St

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 10
Bathrooms 7
Full bathrooms 7
Rooms Bathroom 6, Bathroom 7, Bedroom 7, Bathroom 2, Bathroom 3, Bathroom 5, Basement, Bathroom 4, Bedroom 9, Bedroom 2, Bedroom 1, Bedroom 6, Bedroom 8, Bathroom 1, Bedroom 4, Bedroom 3, Bedroom 10, Bedroom 5
Parking 10
Directions Wakeman Ave to May Street. GPS works fine.
Standard status Active
Lot size 0.12 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 10901

Utilities

Sewer type Public Sewer
Heating system Steam, Other (Heating)
Water source Public

Amenities

central laundry room

Building Details

Year built 1899
Floors in Building 3
Number of units 2
Roof type Shingle
Architectural style Other
Listing Agency: EXP REALTY, LLC
Listed By: PETER BOUTROS · License #300361
Added: Jun 10 Changed: Aug 6 Last Checked: Aug 11 at 5:06AM
MLS# 4033681

Copyright © 2026 Garden State MLS, LLC. 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.

This duplex investment property features a unique side-by-side layout with two spacious 3-story units. Each unit offers five bedrooms and multiple bathrooms. The home has a large finished basement with a separate entrance, along with a central laundry room. Both units have separate heating systems, and the property is served by public water and public sewer. The roof is shingle, and the property was built in 1899.

The additional income component includes four detached garage/storage units. There is also a private driveway leading to a 4-car garage. The property is located at 13-15 May St, Newark City, Essex County, NJ 07104-3012, near NYC transportation, major highways, schools, shopping, and public transit.

The configuration supports multi-unit occupancy with room for continued income growth through the onsite garage/storage offering.

Key Highlights

  • Two side‑by‑side 3‑story units, each with five bedrooms and multiple bathrooms
  • Large finished basement with separate entrance plus central laundry room
  • Separate heating systems for each unit with steam heating

Property Analytics

Current Use

Duplexes

Suggested Use

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

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

100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,281
Businesses Nearby

Demographics for 07104, NJ

54,051
Population
21,762
Households
2.5
Avg Household Size
35
Median Age
21%
College-Educated
71%
High-School Grad
2.5 sq mi
ZIP Area
21,620
Density / Sq Mi
$51,199
Median Household Income
$36,139
Median Earnings
$1,343
Median Rent
$337,400
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 - Duplex with two 3-story units, steam heat, and a finished basement, plus detached garage/storage units and laundry room.
Where is this duplex located?
The property is located at 13-15 May St Newark, NJ.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Two side‑by‑side 3‑story units, each with five bedrooms and multiple bathrooms; Large finished basement with separate entrance plus central laundry room; Separate heating systems for each unit with steam heating
More about this property
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