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Renovated Duplex with Secured Parking
For Sale
$799,000

366-368 Ferry St Unit 2, Newark, NJ 07105

Two residential units offer separate heating and cooling, plus a full unfinished basement.

Property SizeContact for details
Days on Market37

Property Features for 366-368 Ferry St Unit 2

General Information

Standard status Active
Property subtype Multi-Family

Building Details

Year Built 9999
Listing Agency: EXP REALTY, LLC
Listed By: ANTONIO M RODRIGUES
Source: Luminancerealty
Added: Jul 26 Changed: Aug 30 Last Checked: Aug 30 at 7:27PM

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 EXP REALTY, LLC

Investment Insights

Based on property information with market context.

This duplex contains two residential units, each arranged with 3 bedrooms, 2 full baths, a living room, and a kitchen connected to a dining area. The interiors were fully renovated in 1996, and each unit has its own central air-conditioning and heating system. The AC condensers and hot water tanks were replaced 7 years ago.

A full unfinished basement provides additional space and has both front and rear entrances. Exterior features include a covered backyard and patio with a vegetable garden, along with a large secured parking area for two cars. The property is in Newark’s Ironbound section, about 1.5 miles from Newark Penn Station, with public transportation, shopping, dining, and recreation nearby.

Key Highlights

  • Two‑unit duplex with 3 bedrooms and 2 full baths in each unit
  • Separate central air‑conditioning and heating for each unit
  • Full interior renovation completed in 1996

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Nursing Home (Bike/Boat/Book/etc) Store Locksmith Tanning Salon Pet Grooming Service Carpet & Flooring Store

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

2,009
Businesses Nearby

Demographics for 07105, NJ

50,870
Population
20,608
Households
2.5
Avg Household Size
35
Median Age
15%
College-Educated
70%
High-School Grad
4.6 sq mi
ZIP Area
11,059
Density / Sq Mi
$55,752
Median Household Income
$33,175
Median Earnings
$1,600
Median Rent
$445,900
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 - Two residential units offer separate heating and cooling, plus a full unfinished basement.
Where is this duplex located?
The property is located at 366-368 Ferry St Unit 2 Newark, NJ.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Two‑unit duplex with 3 bedrooms and 2 full baths in each unit; Separate central air‑conditioning and heating for each unit; Full interior renovation completed in 1996
More about this property
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