Two-Unit Residential Income
New
For Sale
$550,000
164-166 Vermont Ave, Newark, NJ 07106
MULTI_FAMILY - Newark City, NJ
Lot Size0.10 Acres
Days on Market3
Property Features for 164-166 Vermont Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
2
Full bathrooms
2
Rooms
Basement, Bathroom 1, Bathroom 2, Bedroom 6, Bedroom 1, Bedroom 3, Bedroom 2, Bedroom 5, Bedroom 4
Parking
4
Directions
Google Maps
Standard status
Active
Lot size
0.10 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
3003
Utilities
Sewer type
Public Sewer
Heating system
Steam, Other (Heating)
Cooling system
Ceiling Fan(s)
Water source
Public
Building Details
Year built
1932
Number of units
2
Listing Agency:
KELLER WILLIAMS - NJ METRO GROUP · Keller Williams Realty
(973) 783-7400
Listed By:
BRENDAN DASILVA · License #299458
(973) 783-7400
Added: Jul 29
Changed: Jul 31
Last Checked: Jul 31 at 9:06PM
MLS# 4043700
Copyright © 2026 Garden State MLS, LLC. 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.
164-166 Vermont Avenue is a well-maintained two-unit duplex featuring separate living arrangements on the same property. Each unit includes three bedrooms, one full bathroom, and a living area with a functional layout intended for everyday use.
The property is located in Newark City, Essex County, with convenient access to major highways and public transportation, along with nearby parks, shopping, and dining.
Offered as a versatile residential income property, it provides flexibility for a range of permitted uses based on the existing two separate units.
The property is located in Newark City, Essex County, with convenient access to major highways and public transportation, along with nearby parks, shopping, and dining.
Offered as a versatile residential income property, it provides flexibility for a range of permitted uses based on the existing two separate units.
Key Highlights
- Two‑unit property at 164‑166 Vermont Avenue, Newark, built in 1932
- Each unit has 3 bedrooms and 1 full bathroom with a living area and functional layout
- Heating: steam; cooling: ceiling fan(s)
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,240
Businesses Nearby
Explore this area
Business Placement
Demographics for 07106, NJ
34,596
Population
13,633
Households
2.5
Avg Household Size
35
Median Age
18%
College-Educated
85%
High-School Grad
1.4 sq mi
ZIP Area
24,711
Density / Sq Mi
$48,105
Median Household Income
$34,820
Median Earnings
$1,221
Median Rent
$321,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Well-maintained two-unit duplex with separate layouts, each offering three bedrooms and one full bathroom.
Where is this duplex located?
The property is located at 164-166 Vermont Ave Newark, NJ.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Two‑unit property at 164‑166 Vermont Avenue, Newark, built in 1932; Each unit has 3 bedrooms and 1 full bathroom with a living area and functional layout; Heating: steam; cooling: ceiling fan(s)