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Duplex with Finished Attic
For Sale
$690,000

149 Fairmount Avenue, Newark, NJ 07103

Two-unit home near Rutgers University with finished attic and basement space.

Property SizeContact for details
Days on Market241

Property Features for 149 Fairmount Avenue

General Information

Standard status Active
Property subtype Multi Family

Taxes and HOA fees

Annual Taxes $6,267

Amenities

8
4
4.0
14
Vinyl Siding

Building Details

Year Built 1900
Listing Agency: Nigito Real Estate, LLC
Listed By: Janethe Cruz-Toro
Source: Compass
Added: Jan 4 Changed: Aug 30 Last Checked: Aug 30 at 3:15AM

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 Nigito Real Estate, LLC

Investment Insights

Based on property information with market context.

This two-family property includes two separate residential units, each with bedrooms, a living area, a full kitchen, and a full bathroom. Finished attic and basement areas add usable interior space beyond the primary units. Vinyl siding and a 1900 construction date further define the property’s existing improvements.

The home is located in Newark near Rutgers University, transportation, shopping, and major highways. The property is being offered in as-is condition, with the seller responsible for obtaining the Certificate of Occupancy.

Key Highlights

  • Two‑family property with two separate residential units
  • Each unit includes bedrooms, a living area, full kitchen, and full bathroom
  • Finished attic and basement areas

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Law Firm Carpet & Flooring Store Tanning Salon Pet Grooming Service Pet 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

2,673
Businesses Nearby

Demographics for 07103, NJ

39,439
Population
13,832
Households
2.9
Avg Household Size
30
Median Age
21%
College-Educated
81%
High-School Grad
2.2 sq mi
ZIP Area
17,927
Density / Sq Mi
$42,397
Median Household Income
$34,278
Median Earnings
$1,289
Median Rent
$259,300
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-unit home near Rutgers University with finished attic and basement space.
Where is this duplex located?
The property is located at 149 Fairmount Avenue Newark, NJ.
What is the asking price?
The asking price for this property is $690,000.
What are key features of this property?
This property features: Two‑family property with two separate residential units; Each unit includes bedrooms, a living area, full kitchen, and full bathroom; Finished attic and basement areas
More about this property
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