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Newly Built Two-Family Duplex
For Sale
$850,000
Pending

185 Sylvan Ave, Newark, NJ 07104

Two-family layout includes a ground-level unit with two rooms and a full bath.

Property SizeContact for details
Days on Market28

Property Features for 185 Sylvan Ave

General Information

Standard status Pending
Property subtype Multi Family

Additional Details

Public Transit Yes
Multifamily Units 2

Building Details

Year Built 2024
Units 2
Listing Agency: NJ Metro Group LLC
Listed By: BRENDAN DASILVA · License #1753996
Source: Elliman
Added: Sep 16 Changed: Sep 30 Last Checked: Oct 12 at 9:07PM

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 newly built duplex offers a two-family configuration with modern finishes and a ground-level unit containing 2 rooms and a full bath. That lower-level space also accommodates a home office or additional flexible use within the property.

The property is located at 185 Sylvan Ave in Newark, New Jersey. WalkScore is 78, indicating a very walkable setting; TransitScore is 60, and BikeScore is 53. A 5-year tax abatement has started.

Key Highlights

  • New construction completed in 2024
  • Two‑family duplex configuration
  • Ground‑level unit with 2 rooms and a full bath

Property Analytics

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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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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-family layout includes a ground-level unit with two rooms and a full bath.
Where is this duplex located?
The property is located at 185 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: New construction completed in 2024; Two‑family duplex configuration; Ground‑level unit with 2 rooms and a full bath
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