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Three-Level Two-Family Residence
For Sale
Contact for pricing

249 4th Street, Newark, NJ 07107

Two separate units plus a walk-up third-floor level offer flexible finished room space and a 3-car driveway.

Property SizeContact for details
Days on Market116

Property Features for 249 4th Street

General Information

Standard status Active
Total Parking Spaces 3
Property subtype Multi Family 2-4 Units

Additional Details

Multifamily Units 2

Building Details

Stories 3
Tenancy Multi
Listing Agency: Coldwell Banker, Ridgewood
Listed By: Anthony Nelson · License #263683
Source: Capmarkrealty
Added: May 17 Changed: Sep 8 Last Checked: Sep 8 at 6:26AM

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 Coldwell Banker, Ridgewood

Investment Insights

Based on property information with market context.

This two-family, three-level residence is offered for sale strictly as-is and includes two apartment units with similar layouts. The first-floor unit features a living room, dining room, eat-in kitchen with a pantry, two bedrooms, and a full bath. The second-floor apartment includes a living room, dining room, eat-in kitchen, two bedrooms, a full bath, and an additional office/computer room.

A walk-up third floor provides two finished rooms for flexible bonus space. The property includes a 3-car driveway. The home is represented with virtually enhanced photos and/or virtual furnishings.

Buyer is responsible for obtaining the CCC/CCO and any required smoke certification and inspections to close, and the property will not pass traditional financing in its current state. Cash offers or alternative financing only.

Key Highlights

  • 1915‑built 2‑family home with a walk‑up third floor offering flexible additional finished room space.
  • First‑floor unit: living room, dining room, eat‑in kitchen with pantry, 2 bedrooms, and 1 full bath.
  • Second‑floor unit: living room, dining room, eat‑in kitchen, 2 bedrooms, 1 full bath, plus an additional office/computer room.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Computer & Electronic Repair Locksmith Clothing & Fashion Store Acupuncture

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

1,380
Businesses Nearby

Demographics for 07107, NJ

41,627
Population
16,084
Households
2.6
Avg Household Size
33
Median Age
13%
College-Educated
77%
High-School Grad
1.6 sq mi
ZIP Area
26,017
Density / Sq Mi
$49,892
Median Household Income
$35,700
Median Earnings
$1,259
Median Rent
$353,300
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 - Two separate units plus a walk-up third-floor level offer flexible finished room space and a 3-car driveway.
Where is this duplex located?
The property is located at 249 4th Street Newark, NJ.
What are key features of this property?
This property features: 1915‑built 2‑family home with a walk‑up third floor offering flexible additional finished room space.; First‑floor unit: living room, dining room, eat‑in kitchen with pantry, 2 bedrooms, and 1 full bath.; Second‑floor unit: living room, dining room, eat‑in kitchen, 2 bedrooms, 1 full bath, plus an additional office/computer room.
More about this property
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