Listing Agency: Weichert Realtors, Clifton t***@weichertrealtors.net Show Phone

Listed By: Federico Sanchez Show Phone

Source: Capmarkrealty

Added: Jul 24 Changed: Aug 29 Last Checked: Aug 29 at 9:06PM

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Investment Insights

Based on property information with market context.

This two-unit duplex is being offered in its existing condition and will be delivered vacant at closing. The property is currently owner occupied, with the residence scheduled to be vacated for the next owner.

Located at 388 Seymour Avenue in Newark, New Jersey, the property is classified as a duplex and is presented for sale as a residential income asset.

Key Highlights

• Two‑family home configured as a duplex
• Delivered vacant at closing
• Currently owner occupied

Property Analytics

Property Profile

Current Use

Duplexes

Suggested Use

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

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

1,625

Businesses Nearby

Explore this area Business Placement

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

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Frequently Asked Questions

What type of property is this?

Duplex - Two-family residential property offered vacant at closing and conveyed in its current condition.

Where is this duplex located?

The property is located at 388 Seymour Avenue Newark, NJ.

What are key features of this property?

This property features: Two‑family home configured as a duplex; Delivered vacant at closing; Currently owner occupied