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Tenant-Occupied Duplex With Attic Studio
For Sale
$674,999

21 Gladstone Avenue, Newark, NJ 07106

Two residential units are leased, with an unfinished basement providing additional storage space.

Property SizeContact for details
Days on Market14

Property Features for 21 Gladstone Avenue

General Information

Standard status Active
Property subtype Multi-family
Occupancy 100%

Additional Details

Multifamily Units 2

Building Details

Year Built 1907
Listing Agency: Agosta Realty Group LLC
Listed By: Veronica Douglas
Source: Actionplusrealty
Added: Jul 29 Changed: Aug 11 Last Checked: Aug 10 at 3:38AM

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 Agosta Realty Group LLC

Investment Insights

Based on property information with market context.

Built in 1907, this duplex includes two residential units, an attic studio, and an unfinished basement. The property is fully occupied, with the units leased to long-term tenants, and is being sold with the occupants in place. The basement adds storage capacity and may offer a basis for future improvements subject to municipal approvals.

The property is in Newark, New Jersey, near shopping, transportation, schools, and major roadways. Its existing occupancy and residential configuration provide a straightforward income-property profile for investors seeking a tenant-occupied asset.

Key Highlights

  • Two residential units with an attic studio
  • Fully tenant‑occupied with long‑term leases
  • Unfinished basement provides additional storage

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office (Bike/Boat/Book/etc) Store Gym & Fitness Center Storage Facility

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
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,067
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

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 residential units are leased, with an unfinished basement providing additional storage space.
Where is this duplex located?
The property is located at 21 Gladstone Avenue Newark, NJ.
What is the asking price?
The asking price for this property is $674,999.
What are key features of this property?
This property features: Two residential units with an attic studio; Fully tenant‑occupied with long‑term leases; Unfinished basement provides additional storage
More about this property
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