Newly Built Two-Family
For Sale
$850,000
183 Sylvan Ave Newark, Newark, NJ 07104
Two-unit residence with a ground-level flexible space, central air, natural-gas utilities, and a five-year tax abatement underway.
Property SizeContact for details
Days on Market58
Property Features for 183 Sylvan Ave Newark
General Information
Standard status
Active
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Amenities
Fuel: Gas-Natural
Cooling: Central Air
Heating: Forced Hot Air
Gas-Natural
Building Details
Year Built
2024
Listing Agency:
NJ Metro Group LLC
Listed By:
Brendan DaSilva · License #1753996
(201) 926-1190
Source:
Kw
Added: Aug 6
Changed: Oct 1
Last Checked: Oct 1 at 9:17AM
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 NJ Metro Group LLC
Investment Insights
Based on property information with market context.
Completed in 2024, this two-family duplex in Newark offers a newly constructed residential income property with contemporary finishes and a practical layout. The ground-level unit includes two rooms and a full bathroom, creating additional flexibility for a home office or other supported use within the residence. Central air conditioning, forced-hot-air heating, and natural-gas service are included.
A five-year tax abatement has recently begun. The property is positioned in Newark near major transportation, shopping, and dining, providing convenient access to everyday amenities and regional travel connections.
A five-year tax abatement has recently begun. The property is positioned in Newark near major transportation, shopping, and dining, providing convenient access to everyday amenities and regional travel connections.
Key Highlights
- Two‑family duplex completed in 2024
- Ground‑level unit includes 2 rooms and a full bath
- Five‑year tax abatement has recently started
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,442
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
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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-unit residence with a ground-level flexible space, central air, natural-gas utilities, and a five-year tax abatement underway.
Where is this duplex located?
The property is located at 183 Sylvan Ave Newark Newark, NJ.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Two‑family duplex completed in 2024; Ground‑level unit includes 2 rooms and a full bath; Five‑year tax abatement has recently started
