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Two-Family Duplex Property
For Sale
$550,000

164 Vermont Ave, Newark, NJ 07106

Two separate three-bedroom units each include a full bathroom and a functional living area.

Property SizeContact for details
Days on Market13

Property Features for 164 Vermont Ave

General Information

Standard status Active
Property subtype Multi Family

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $3,003

Building Details

Year Built 1932
Units 2
Tenancy Multi
Listing Agency: KELLER WILLIAMS - NJ METRO GROUP
Listed By: BRENDAN DASILVA · License #1753996
Source: Elliman
Added: Jul 30 Changed: Aug 10 Last Checked: Aug 10 at 8:35AM

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 KELLER WILLIAMS - NJ METRO GROUP

Investment Insights

Based on property information with market context.

This two-family duplex property, built in 1932, includes two separate units. Each unit features three bedrooms, one full bathroom, a living area, and a functional layout designed for everyday living. The separate-unit configuration supports rental income or multi-generational occupancy where permitted.

The property is located in Newark near major highways, public transportation, schools, parks, shopping, and dining. WalkScore is 81, rated Very Walkable; TransitScore is 55, rated Good Transit; and BikeScore is 48, rated Somewhat Bikeable.

Key Highlights

  • Two‑family duplex with two separate units
  • Each unit includes 3 bedrooms and 1 full bathroom
  • Separate units support rental income or multi‑generational occupancy where permitted

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Skin Care Clinic Acupuncture Cafe & Coffee Shop

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

Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,240
Businesses Nearby

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

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 separate three-bedroom units each include a full bathroom and a functional living area.
Where is this duplex located?
The property is located at 164 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‑family duplex with two separate units; Each unit includes 3 bedrooms and 1 full bathroom; Separate units support rental income or multi‑generational occupancy where permitted
More about this property
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