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Renovated Two-Family Duplex

20 Salem St, Newark, NJ 07106

For Sale
New
$549,999

Matching apartment layouts include hardwood flooring, quartz counters, stainless steel appliances, and washer/dryer hookups.

Property SizeContact for details
Days on Market4

Property Features for 20 Salem St

General Information

Standard status Active
Property subtype Multi-Family

Site & Location

Neighborhood Lower Vailsburg

Additional Details

Multifamily Units 2

Amenities

hardwood floors
quartz countertops
stainless steel appliances
washer/dryer hookups

Building Details

Year Built 1922
Buildings 1
Listing Agency: COOPER MCKELVEY REAL ESTATE CO.
Listed By: Tayllor Cooper · License NJ #296596
Source: Thadanicollectivenj
Added: Nov 6 Changed: Nov 7 Last Checked: Nov 8 at 2:52AM

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 COOPER MCKELVEY REAL ESTATE CO.

Rey
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Investment Insights

Based on property information with market context.

This two-unit duplex in Newark has matching apartment floor plans and has been renovated. Both units feature hardwood floors, quartz countertops, stainless steel appliances, and washer/dryer hookups. The property was built in 1922.

Located at 20 Salem St in Newark, the property offers two separate apartments within one building.

Key Highlights

  • Two apartments with identical floor plans
  • Hardwood flooring throughout both units
  • Quartz countertops and stainless steel appliances in each apartment

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,426
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Matching apartment layouts include hardwood flooring, quartz counters, stainless steel appliances, and washer/dryer hookups.
Where is this duplex located?
The property is located at 20 Salem St Newark, NJ.
What is the asking price?
The asking price for this property is $549,999.
What are key features of this property?
This property features: Two apartments with identical floor plans; Hardwood flooring throughout both units; Quartz countertops and stainless steel appliances in each apartment
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