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Two-Family Residential Income Property
For Sale
$600,000
Pending

22 Marne Street, Newark, NJ 07105

Well-maintained two-family home with two 2-bedroom units plus a full bathroom and rec room in the basement.

Property SizeContact for details
Days on Market207

Property Features for 22 Marne Street

General Information

Standard status Pending
Property subtype Multi Family

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $6,963

Amenities

4
3
3.0
13
Vinyl Siding

Building Details

Year Built 1900
Stories 2
Tenancy Multi
Listing Agency: Rosa Agency-Ironbound, LLC
Listed By: James Rosa
Source: Compass
Added: Jan 26 Changed: Aug 8 Last Checked: Jul 24 at 12:28PM

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 Rosa Agency-Ironbound, LLC

Investment Insights

Based on property information with market context.

This well-maintained two-family home offers two separate residential units. The first-floor unit includes 2 bedrooms, an eat-in kitchen, a living room, a dining room, and 1 full bathroom. The second-floor unit features 2 bedrooms plus an office that can support a work-from-home setup or additional guest space. The basement includes a full bathroom and a rec room.

The property is situated in Newark’s Ironbound section and is described as being close to schools, shopping, restaurants, and public transportation.

With two units configured for independent living and additional finished basement space, the home supports a variety of occupancy arrangements for owner-occupants or investors.

Key Highlights

  • Well‑maintained two‑family home in the Ironbound section with two 2‑bedroom units
  • First‑floor unit includes 2 bedrooms, eat‑in kitchen, living room, dining room, and 1 full bath
  • Second‑floor unit offers 2 bedrooms plus an office (work‑from‑home or guest space) and 2 full baths total for the home

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Pet Grooming Service Nursing Home Tanning Salon Pet Store & Service

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
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

3,287
Businesses Nearby

Demographics for 07105, NJ

50,870
Population
20,608
Households
2.5
Avg Household Size
35
Median Age
15%
College-Educated
70%
High-School Grad
4.6 sq mi
ZIP Area
11,059
Density / Sq Mi
$55,752
Median Household Income
$33,175
Median Earnings
$1,600
Median Rent
$445,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Well-maintained two-family home with two 2-bedroom units plus a full bathroom and rec room in the basement.
Where is this duplex located?
The property is located at 22 Marne Street Newark, NJ.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Well‑maintained two‑family home in the Ironbound section with two 2‑bedroom units; First‑floor unit includes 2 bedrooms, eat‑in kitchen, living room, dining room, and 1 full bath; Second‑floor unit offers 2 bedrooms plus an office (work‑from‑home or guest space) and 2 full baths total for the home
More about this property
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