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Spacious Newark Two-Family Home
For Sale
$650,000

170 Oakland Ter 2, Newark, NJ 07106

Two-unit home near Ivy Hill Park and Seton Hall.

Property SizeContact for details
Lot Size0.07 Acres
Days on Market173

Property Features for 170 Oakland Ter 2

General Information

Standard status Active
Lot size 0.07 Acres
Property subtype Multi Family

Taxes and HOA fees

Annual Taxes $5,826

Building Details

Year Built 1959
Units 2
Listing Agency: RE/MAX First Realty II
Listed By: TANYA ELESIA EATMAN
Source: Elliman
Added: Mar 12 Changed: Aug 8 Last Checked: Aug 30 at 6:27PM

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 RE/MAX First Realty II

Investment Insights

Based on property information with market context.

Located in the Upper Vailsburg section of Newark, this two-family colonial home features five bedrooms and two bathrooms. Situated on a corner lot on a quiet street, the property is suitable for both owner-occupants seeking rental income and investors. The first-floor unit includes two bedrooms, a full bath, living room, dining room, kitchen, and a den. The second-floor unit features a living room, dining room, three bedrooms, a full bath, kitchen, and a walk-up attic room currently used as a TV room. The property is conveniently located near Ivy Hill Park, Seton Hall University, shopping, and transportation to NYC. The property is being sold as-is.

Key Highlights

  • Two‑family home ideal for owner‑occupants seeking rental income or investors.
  • Five bedrooms and two full bathrooms.
  • Convenient location near Ivy Hill Park, Seton Hall University, shopping, and NYC transportation.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage (Bike/Boat/Book/etc) Store Skin Care Clinic Storage Facility

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

1,051
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
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit home near Ivy Hill Park and Seton Hall.
Where is this duplex located?
The property is located at 170 Oakland Ter 2 Newark, NJ.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Two‑family home ideal for owner‑occupants seeking rental income or investors.; Five bedrooms and two full bathrooms.; Convenient location near Ivy Hill Park, Seton Hall University, shopping, and NYC transportation.
More about this property
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