Search
Renovated Duplex With Walkout Basement
For Sale
Contact for pricing

637-639 Parker Street, Newark, NJ 07104

Two-story multifamily property with a finished lower level and access to nearby transit, shopping, schools, and major highways.

Property SizeContact for details
Days on Market52

Property Features for 637-639 Parker Street

General Information

Standard status Active
Property subtype Multi Family 2-4 Units

Site & Location

Highway Access Yes
Public Transit Yes
Listing Agency: RE/MAX Professionals 1
Listed By: Jorge Velasquez · License #259491
Source: Capmarkrealty
Added: Jul 10 Changed: Aug 28 Last Checked: Aug 28 at 7:44AM

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 RE/MAX Professionals 1

Investment Insights

Based on property information with market context.

This duplex property was renovated in 2019 and includes a finished walkout basement. The building offers separate residential living areas with kitchens, living spaces, bedrooms, and full bathrooms, providing a flexible multifamily layout. The property information also identifies a finished third-floor living area with an eat-in kitchen and full bathroom; its relationship to the legal unit configuration is not characterized here.

The property is located in Newark’s Forest Hill section near Branch Brook Park. Public transportation, major highways, shopping, schools, and houses of worship are all identified as nearby, giving the property access to a range of everyday services and transportation options.

Key Highlights

  • Renovated in 2019
  • Finished walkout basement
  • Finished third‑floor living area with eat‑in kitchen and full bathroom

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Law Firm (Bike/Boat/Book/etc) Store Locksmith Computer & Electronic Repair

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,368
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Two-story multifamily property with a finished lower level and access to nearby transit, shopping, schools, and major highways.
Where is this duplex located?
The property is located at 637-639 Parker Street Newark, NJ.
What are key features of this property?
This property features: Renovated in 2019; Finished walkout basement; Finished third‑floor living area with eat‑in kitchen and full bathroom
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message