Turnkey Two-Family
For Sale
$749,999
Pending
23 Edwin Pl, Newark, NJ 07112
Completely renovated two-unit duplex in Newark with bright interiors and an extra recreation room for flexible tenant use.
Property SizeContact for details
Days on Market57
Property Features for 23 Edwin Pl
General Information
Standard status
Pending
Property subtype
Multi Family
Additional Details
Business Included
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$1,135
Building Details
Year Built
1922
Units
2
Tenancy
Multi
Listing Agency:
EXP Realty, LLC
(866) 201-6210
Listed By:
CARLIE CARREIRA
Source:
Elliman
Added: Jun 16
Changed: Aug 8
Last Checked: Aug 10 at 7:25AM
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 EXP Realty, LLC
Investment Insights
Based on property information with market context.
This turnkey two-family duplex has been completely renovated from top to bottom and is ready for immediate occupancy. Both units are fully updated with modern finishes throughout, creating bright, comfortable living spaces. In addition to the primary living areas, the property includes an extra recreation room that can support a range of needs, including extra living space, a home office, or other flex use.
Located in Newark, the property offers convenient access to public transportation. Mobility scores provided for the area include a walk score of 80 (Very Walkable) and a transit score of 59 (Good Transit), with a bike score of 41 (Somewhat Bikeable). Residents can also reach restaurants and local amenities within walking distance.
For tenants, this configuration supports separate, updated living spaces while offering additional flexibility through the recreation room. For owners, the duplex structure allows for straightforward income generation from two residential units, with the added benefit of being move-in ready after renovation.
Located in Newark, the property offers convenient access to public transportation. Mobility scores provided for the area include a walk score of 80 (Very Walkable) and a transit score of 59 (Good Transit), with a bike score of 41 (Somewhat Bikeable). Residents can also reach restaurants and local amenities within walking distance.
For tenants, this configuration supports separate, updated living spaces while offering additional flexibility through the recreation room. For owners, the duplex structure allows for straightforward income generation from two residential units, with the added benefit of being move-in ready after renovation.
Key Highlights
- 1922‑built two‑family duplex in Newark with complete top‑to‑bottom renovation
- Both units fully updated with modern finishes
- Bright interior spaces for each unit
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,830
Businesses Nearby
Explore this area
Business Placement
Demographics for 07112, NJ
29,773
Population
11,779
Households
2.5
Avg Household Size
34
Median Age
18%
College-Educated
86%
High-School Grad
1.4 sq mi
ZIP Area
21,266
Density / Sq Mi
$55,171
Median Household Income
$35,709
Median Earnings
$1,334
Median Rent
$306,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Completely renovated two-unit duplex in Newark with bright interiors and an extra recreation room for flexible tenant use.
Where is this duplex located?
The property is located at 23 Edwin Pl Newark, NJ.
What is the asking price?
The asking price for this property is $749,999.
What are key features of this property?
This property features: 1922‑built two‑family duplex in Newark with complete top‑to‑bottom renovation; Both units fully updated with modern finishes; Bright interior spaces for each unit
