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Updated Two-Family Duplex

212 3rd St, Newark, NJ 07107

For Sale
$629,000

Updated two-family duplex with two 3-bedroom apartments, finished attic with bath, and a mostly finished basement.

Property Size4,380 SF
Price / SF$143.61
Days on Market107

Property Features for 212 3rd St

General Information

Standard status Active
Size 4,380 SF
Property subtype Multi-Family

Site & Location

Neighborhood Lower Roseville

Additional Details

Multifamily Units 2

Building Details

Year Built 1915
Listing Agency: KELLER WILLIAMS ELITE REALTORS
Listed By: CENIA ALVARADO BELTRE
Source: Goldstandardrealty
Added: Jul 26 Changed: Oct 25 Last Checked: Oct 19 at 12:36PM

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 ELITE REALTORS

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Investment Insights

Based on property information with market context.

This updated two-family duplex offers two apartments with 3 bedrooms each, including a spacious kitchen with a walk-in pantry and master bedrooms with walk-in closets. The first and second floor apartments each include a new bathroom. In addition, there is a fully finished large attic with a bath, along with a mostly finished basement that includes a new bathroom and both inside and outside entrances. The property is being sold as-is, with no appliances included.

According to town records, the residence totals 4,380 square feet. Public remarks note the attic and the second floor apartment were rented together to a Section 8 family. The seller notes buyers are responsible for obtaining a certificate of occupancy and completing town inspections.

Located at 212 3RD Street in Newark, the property is described as close to transportation and shopping. Buyers should verify all details during the inspection and CO process.

Key Highlights

  • Updated two‑family residence built in 1915 with 4,380 sq ft (per town records)
  • Each unit features 3 bedrooms, plus a new bathroom in each apartment
  • Spacious kitchens with walk‑in pantry and master bedrooms with walk‑in closets

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,594
Businesses Nearby

Demographics for 07107, NJ

41,627
Population
16,084
Households
2.6
Avg Household Size
33
Median Age
13%
College-Educated
77%
High-School Grad
1.6 sq mi
ZIP Area
26,017
Density / Sq Mi
$49,892
Median Household Income
$35,700
Median Earnings
$1,259
Median Rent
$353,300
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 - Updated two-family duplex with two 3-bedroom apartments, finished attic with bath, and a mostly finished basement.
Where is this duplex located?
The property is located at 212 3rd St Newark, NJ.
What is the asking price?
The asking price for this property is $629,000.
What are key features of this property?
This property features: Updated two‑family residence built in 1915 with 4,380 sq ft (per town records); Each unit features 3 bedrooms, plus a new bathroom in each apartment; Spacious kitchens with walk‑in pantry and master bedrooms with walk‑in closets
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