Search
Two-Unit Duplex with Garage
For Sale
$599,900

240-242 Wainwright Street, Newark, NJ 07112

Two apartments offer two bedrooms, formal living rooms, separate utilities, and laundry hookups.

Property SizeContact for details
Days on Market21

Property Features for 240-242 Wainwright Street

General Information

Standard status Active
Property subtype Multi-Family

Building Details

Year Built 1950
Listing Agency: Neno-Rosa Agency
Listed By: Morgan Couto · License #1013312
Source: Pickpina
Added: Aug 13 Changed: Sep 1 Last Checked: Sep 2 at 1:58PM

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 Neno-Rosa Agency

Investment Insights

Based on property information with market context.

Built in 1950, this duplex contains two apartments, each with 2 bedrooms and a formal living room. New flooring runs throughout the property, giving both units a refreshed interior finish. Separate utilities support independent household operation, while two washer/dryer hookups add practical laundry capability.

A 2-car garage provides off-street parking and additional storage. The property’s two-unit configuration accommodates separate occupancy within one building and supports flexible residential use.

Key Highlights

  • Two apartments, each with 2 bedrooms and a formal living room
  • New flooring throughout the property
  • Separate utilities for the two apartments

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Gym & Fitness Center Acupuncture Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,733
Businesses Nearby

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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Two apartments offer two bedrooms, formal living rooms, separate utilities, and laundry hookups.
Where is this duplex located?
The property is located at 240-242 Wainwright Street Newark, NJ.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: Two apartments, each with 2 bedrooms and a formal living room; New flooring throughout the property; Separate utilities for the two apartments
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message