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Renovated Two-Family Residence

240-242 Sunset Ave Newark, NJ 07106

240-242 Sunset Ave, Newark, NJ, 07106
$549,999
For Sale
Claim this Listing
$549,999

MULTI_FAMILY - Newark City, NJ

Lot Size0.08 Acres
AddedMay 29
Days on Market47
Last RefreshJul 14 at 9:06 pm

Property Features for 240-242 Sunset Ave

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Rooms
Bedroom 1, Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 4, Basement, Bedroom 3
Parking
4
Standard status
Active
Lot size
0.08 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
7798

Utilities

Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air
Water source
Public

Building Details

Year built
1922
Floors in Building
2
Number of units
2
Roof type
Shingle
Architectural style
Other

Listing agent CHRISTOPHER STEAD

Listing office RE/MAX PROFESSIONALS I 264 WASHINGTON AVENUE, Belleville, NJ

Listing date May 29, 2026

MLS# 4030972 Listing URL

Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This renovated two-family, two-story residence offers two distinct units, each laid out with 2 bedrooms and 1 bathroom. The property includes an enclosed front porch for added day-to-day comfort and a spacious backyard that supports outdoor use. Off-street parking is provided by a 1-car width driveway, making arrivals and departures more manageable.

240-242 Sunset Ave is located in Newark City, Essex County, with access to public transportation and major highways. The surrounding area offers nearby shopping and schools, and the listing notes convenient connections for commuting, including easy NYC access.

Designed for flexibility, the home can suit investors seeking a duplex structure or owner-occupants who may prefer living in one unit while renting the other. With separate unit configurations and a practical site setup that includes both a driveway and outdoor space, it supports a straightforward, owner-managed approach for tenants or households looking for a manageable, functional residential income property.

Key Highlights

  • Renovated two‑family home (built 1922) in Newark with two units, each offering 2 bedrooms and 1 bath
  • Each unit includes kitchen appliances such as gas oven/range and refrigerator
  • Forced‑air heating with central air conditioning

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Real Estate Agency Skin Care Clinic Parking Lot & Garage Acupuncture Cafe & Coffee Shop Storage Facility Carpet & Flooring Store Nursing Home Nursing Home

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Renovated duplex with two separate 2-bedroom, 1-bath units plus driveway, porch, and a spacious backyard.
Where is this duplex located?
The property is located at 240-242 Sunset Ave Newark, NJ.
What is the asking price?
The asking price for this property is $549,999.
What are key features of this property?
This property features: Renovated two‑family home (built 1922) in Newark with two units, each offering 2 bedrooms and 1 bath; Each unit includes kitchen appliances such as gas oven/range and refrigerator; Forced‑air heating with central air conditioning
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