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Newark Two-Family Property For Sale
For Sale
$875,000

268 2nd Avenue, Newark, NJ 07107

Newly built two-family in North Newark with ground-level unit.

Property SizeContact for details
Days on Market201

Property Features for 268 2nd Avenue

General Information

Standard status Active
Property subtype Multi-Family

Amenities

Electricity Connected, Natural Gas Connected, Sep Heat, Water Connected
Listing Agency: Keller Williams Realty - NJ Metro Group
Listed By: Brendan DaSilva · License #1753996
Source: Kw
Added: Feb 18 Changed: Sep 7 Last Checked: Sep 5 at 7:41PM

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 Keller Williams Realty - NJ Metro Group

Investment Insights

Based on property information with market context.

This newly built two-family property is located in North Newark, bordering Bloomfield and Belleville. The property features a ground-level unit with two rooms and a full bath, suitable for a home office or flexible space. Constructed with quality craftsmanship and modern finishes, this turnkey property is suitable for owner-occupants or investors. The location offers proximity to major transportation, shopping, and dining. The property offers strong rental appeal and long-term value.

Key Highlights

  • Newly built, turnkey two‑family home requiring low maintenance.
  • Rare ground‑level unit with 2 rooms and a full bath, suitable for home office or flexible use.
  • High‑demand location in North Newark, bordering Bloomfield and Belleville, close to transportation, shopping, and dining.

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.

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Newly built two-family in North Newark with ground-level unit.
Where is this duplex located?
The property is located at 268 2nd Avenue Newark, NJ.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Newly built, turnkey two‑family home requiring low maintenance.; Rare ground‑level unit with 2 rooms and a full bath, suitable for home office or flexible use.; High‑demand location in North Newark, bordering Bloomfield and Belleville, close to transportation, shopping, and dining.
More about this property
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