Two-Unit Duplex
For Sale
$525,000
150 Garside Street, Newark, NJ 07104
Multi-Family, Newark, NJ
Property Size2,456 SF
Lot Size0.06 Acres
Price / SF$213.76
Days on Market148
Property Features for 150 Garside Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
Multi-Family
Bedrooms
6
Bathrooms
2
Full bathrooms
2
Rooms
Basement, Bathroom 1, Bedroom 5, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 6
Parking features
On Street
Basement
Full
Elementary school
Ivy Hill
High school
West Side
Directions
Blomfield Ave to Garside St
Subdivision
Newark
Standard status
Active
APN
14-00511-0000-00016
Size
2,456 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
6246
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1930
Floors in Building
2
Number of units
2
Roof type
Shingle
Listing Agency:
Real Broker, LLC- Fairfield
(855) 450-0442
Listed By:
John Natale · License #790719
(212) 380-3203
Added: May 12
Changed: Oct 2
Last Checked: Oct 6 at 4:06PM
MLS# 22613792
Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 2,456-square-foot duplex contains two residential units, each configured with 3 bedrooms and 1 full bath. The property was built in 1930 and includes a basement, shingle roofing, and on-street parking. Public water and public sewer serve the building.
Located at 150 Garside Street in Newark, New Jersey, the property occupies a 0.06-acre lot in Essex County. The unit layout and separate residential configurations provide a straightforward multifamily format for ownership or leasing purposes.
Located at 150 Garside Street in Newark, New Jersey, the property occupies a 0.06-acre lot in Essex County. The unit layout and separate residential configurations provide a straightforward multifamily format for ownership or leasing purposes.
Key Highlights
- Two‑unit duplex with 3 bedrooms and 1 full bath in each unit
- 2,456 square feet of building area
- 0.06‑acre lot at 150 Garside Street, Newark, NJ 07104
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,816
Cap Rate
7.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$836,320
$836.3K
Cap Rate 7%
$597,371
$597.4K
Cap Rate 9%
$464,622
$464.6K
Market Conditions
NOI Build-Up for 2,456 SF
Gross rent
$62.8K $25.56/SF
− Vacancy
−$3.0K −$1.24/SF
EGI
$59.7K $24.32/SF
− OpEx
−$17.9K −$7.30/SF
NOI
$41.8K $17.03/SF
Area
ZIP 07104
Vacancy
4.84%
Lease Rate
$25.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$836,320
Cap Rate 7%
$597,371
Cap Rate 9%
$464,622
Alternative Uses
Best Use
Multifamily LT 5
$597.4K
$522.7K – $696.9K
NOI $41,816 @ 7.0% cap · market cap 7.96%
Second Best
Apartment 5plus
$549.4K
$480.7K – $641.0K
NOI $38,457 @ 7.0% cap · market cap 7.33%
Theoretical Best
Office A
$776.9K
$679.8K – $906.4K
NOI $54,381 @ 7.0% cap · market cap 10.36%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,763
Businesses Nearby
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer three bedrooms and one full bath apiece, with public water and sewer service.
Where is this duplex located?
The property is located at 150 Garside Street Newark, NJ.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Two‑unit duplex with 3 bedrooms and 1 full bath in each unit; 2,456 square feet of building area; 0.06‑acre lot at 150 Garside Street, Newark, NJ 07104
