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Two-Family Home with Rental Flexibility
For Sale
$749,900

278 Wainwright St, Newark, NJ 07112

Two-unit residence in Newark offering the option to live in one unit and rent the other.

Property SizeContact for details
Days on Market19

Property Features for 278 Wainwright St

General Information

Standard status Active
Property subtype Multi Family

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $13,492

Building Details

Year Built 9999
Units 2
Listing Agency:
Listed By: DAMAR VANPUTTEN
Source: Elliman
Added: Jul 24 Changed: Aug 8 Last Checked: Aug 10 at 8:10AM

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 DAMAR VANPUTTEN

Investment Insights

Based on property information with market context.

This two-family (duplex) home provides flexible living arrangements, with functional layouts in two separate units. It offers an owner-occupant option to live in one unit while collecting rental income from the other.

Convenient access is noted to public transportation and major highways, along with nearby shopping, dining, schools, parks, Downtown Newark, and Newark Liberty International Airport for regional connectivity. The remarks also cite NYC access.

Location and accessibility are supported by walkScore 80 (Very Walkable) and transitScore 59 (Good Transit), with bikeScore 41 (Somewhat Bikeable).

Key Highlights

  • Two‑family (two‑unit) residence in Newark with the option to live in one unit and rent the other
  • WalkScore: 80 (very walkable) and transitScore: 59 (good transit)
  • bikeScore: 41 (somewhat bikeable)

Property Analytics

Current Use

Duplexes

Suggested Use

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

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

1,532
Businesses Nearby

Demographics for 07112, NJ

29,773
Population
11,779
Households
2.5
Avg Household Size
34
Median Age
18%
College-Educated
86%
High-School Grad
1.4 sq mi
ZIP Area
21,266
Density / Sq Mi
$55,171
Median Household Income
$35,709
Median Earnings
$1,334
Median Rent
$306,100
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 - Two-unit residence in Newark offering the option to live in one unit and rent the other.
Where is this duplex located?
The property is located at 278 Wainwright St Newark, NJ.
What is the asking price?
The asking price for this property is $749,900.
What are key features of this property?
This property features: Two‑family (two‑unit) residence in Newark with the option to live in one unit and rent the other; WalkScore: 80 (very walkable) and transitScore: 59 (good transit); bikeScore: 41 (somewhat bikeable)
More about this property
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