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Duplex with Wraparound Porch

197 Weequahic Ave #2, Newark, NJ 07112

For Sale
$550,000

The upper residence occupies two levels and features oversized bay windows.

Property SizeContact for details
Days on Market27

Property Features for 197 Weequahic Ave #2

General Information

Standard status Active
Total Parking Spaces 3
Property subtype Multi Family Home
Net Operating Income $36,825

Property Condition

Severity Repairs Needed
Evidence requires cosmetic updates and TLC throughout

Site & Location

Neighborhood Weequahic
Highway Access Yes

Additional Details

Multifamily Units 2

Amenities

private driveway
wrap-around porch
Wood Floors
Curbs

Building Details

Year Built 1897
Units 2
Listing Agency: Bhhs Fox & Roach
Listed By: Michele Chiles-Hickman
Source: Arcadiarealtors
Added: Oct 14 Changed: Nov 8 Last Checked: Nov 8 at 8:50AM

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 Bhhs Fox & Roach

Rey
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Investment Insights

Based on property information with market context.

This two-family duplex, built in 1897, has a two-level upper residence with oversized bay windows. A private driveway and wraparound porch add to the property’s existing features. Cosmetic work is needed throughout.

The home occupies a corner lot in Newark’s Weequahic section, one block from Beth Israel Medical Center. Highway access and downtown Newark destinations are also noted in the property information.

Key Highlights

  • Two‑family duplex built in 1897
  • Upper residence extends across two levels
  • Oversized bay windows

Property Analytics

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,720
Businesses Nearby

Demographics for 07112, NJ

29,773
Population
11,779
Households
2.5
Avg Household Size
34
Median Age
18%
College-Educated
86%
High-School Grad
1.4 sq mi
ZIP Area
21,266
Density / Sq Mi
$55,171
Median Household Income
$35,709
Median Earnings
$1,334
Median Rent
$306,100
Median Home Value

Market

Average Price Trend$/SF for Duplexes in Newark, NJ

$329 Jul
$288 Aug
$231 Sep
$236 Oct

Properties on Market for Duplexes in Newark

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - The upper residence occupies two levels and features oversized bay windows.
Where is this duplex located?
The property is located at 197 Weequahic Ave #2 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 built in 1897; Upper residence extends across two levels; Oversized bay windows
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