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Newly Built Duplex with Ground-Level Unit
For Sale
$870,000

266 2nd Avenue, Newark, NJ 07107

Two-family property with connected electric, natural gas, and water service plus flexible lower-level space.

Property SizeContact for details
Days on Market149

Property Features for 266 2nd Avenue

General Information

Standard status Active
Property subtype Multi-Family

Additional Details

Multifamily Units 2

Amenities

Electricity Connected, Natural Gas Connected, Water Connected, Sep Heat
Listing Agency: NJ Metro Group LLC
Listed By: Brendan DaSilva · License #1753996
Source: Kw
Added: Apr 7 Changed: Sep 2 Last Checked: Sep 1 at 3:26PM

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 NJ Metro Group LLC

Investment Insights

Based on property information with market context.

This newly constructed duplex offers a two-family configuration with modern finishes and a considered interior layout. The ground-level portion includes two rooms and one full bathroom, providing space identified for use as a home office or additional living flexibility. Separate heat serves the property.

Located in North Newark near the Bloomfield and Belleville borders, the property is positioned close to transportation, shopping, and dining. Utility connections include electricity, natural gas, and water, supporting the building’s residential operation.

Key Highlights

  • Newly built two‑family duplex
  • Lower‑level space includes 2 rooms and 1 full bath
  • Ground‑level area identified for home office use or added flexibility

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Computer & Electronic Repair (Bike/Boat/Book/etc) Store 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

Location Intelligence

Trade Area within ½ mile

1,393
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-family property with connected electric, natural gas, and water service plus flexible lower-level space.
Where is this duplex located?
The property is located at 266 2nd Avenue Newark, NJ.
What is the asking price?
The asking price for this property is $870,000.
What are key features of this property?
This property features: Newly built two‑family duplex; Lower‑level space includes 2 rooms and 1 full bath; Ground‑level area identified for home office use or added flexibility
More about this property
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