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Two-Family Duplex with Finished Basement
For Sale
$690,000

228 Elm St, Newark, NJ 07105

Two detached garages and parking for two additional cars serve the property.

Property SizeContact for details
Days on Market44

Property Features for 228 Elm St

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Multi Family Home

Site & Location

Neighborhood Ironbound
Public Transit Yes

Additional Details

Multifamily Units 2

Amenities

finished basement
summer kitchen
full bathroom
hardwood floors
central air
baseboard heat
Carbon Monoxide Detector
Fire Extinguisher
Smoke Detector
Privacy Fence
Storm Door(s)

Building Details

Year Built 1910
Units 2
Listing Agency: Zebra Realty Nj, LLC
Listed By: Luciana Costa
Source: Culturaunitedrealty
Added: Sep 11 Changed: Oct 23 Last Checked: Oct 23 at 4:56PM

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 Zebra Realty Nj, LLC

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Investment Insights

Based on property information with market context.

Built in 1910, this two-family property includes a finished basement with a summer kitchen and full bathroom. The second-floor apartment has three bedrooms and a living room, with an extended second-floor layout. Hardwood flooring runs throughout the property. The first-floor apartment is equipped with central air conditioning and baseboard heat.

The property is in Newark’s Ironbound section, a few blocks from Penn Station. Two detached garages and parking for two additional cars provide on-site vehicle accommodation.

Key Highlights

  • Two‑family property built in 1910
  • Finished basement with summer kitchen and full bathroom
  • Second‑floor apartment includes 3 bedrooms and a living room

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

4,639
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
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Market

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 - Two detached garages and parking for two additional cars serve the property.
Where is this duplex located?
The property is located at 228 Elm St Newark, NJ.
What is the asking price?
The asking price for this property is $690,000.
What are key features of this property?
This property features: Two‑family property built in 1910; Finished basement with summer kitchen and full bathroom; Second‑floor apartment includes 3 bedrooms and a living room
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