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Newly Built Duplex with Ground-Level Suite
For Sale
$850,000

183 Sylvan Ave, Newark, NJ 07104

New construction duplex with a flexible ground-level room arrangement and full bath.

Property SizeContact for details
Days on Market11

Property Features for 183 Sylvan Ave

General Information

Standard status Active
Property subtype Multi Family

Additional Details

Public Transit Yes
Multifamily Units 2

Building Details

Year Built 2024
Buildings 1
Units 2
Listing Agency: Keller Williams Realty - NJ Metro Group
Listed By: BRENDAN DASILVA · License #1753996
Source: Elliman
Added: Aug 20 Changed: Aug 21 Last Checked: Aug 29 at 11:41AM

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 Realty - NJ Metro Group

Investment Insights

Based on property information with market context.

Completed in 2024, this newly built duplex includes a distinctive ground-level unit with two rooms and a full bath. The lower-level space can accommodate residential use, a home office, or other supported flexibility within the two-family configuration. Modern finishes and contemporary construction are part of the property’s design, while the recently initiated tax abatement adds an additional ownership consideration.

Located in Newark, the property has a Walk Score of 78, a Transit Score of 60, and a BikeScore of 53. These ratings reflect walkable access, available public transportation, and bikeable surroundings. The address is also described as being near transportation, shopping, and dining.

Key Highlights

  • Newly constructed duplex completed in 2024
  • Ground‑level unit with 2 rooms and a full bath
  • 5 YEAR tax abatement recently commenced

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Nursing Home Pet Grooming Service (Bike/Boat/Book/etc) Store

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,442
Businesses Nearby

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

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 - New construction duplex with a flexible ground-level room arrangement and full bath.
Where is this duplex located?
The property is located at 183 Sylvan Ave 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: Newly constructed duplex completed in 2024; Ground‑level unit with 2 rooms and a full bath; 5 YEAR tax abatement recently commenced
More about this property
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