Search
Two-Family Duplex with Basement
For Sale
$625,000
Pending

268 Walnut St, Newark, NJ 07105

Fenced Newark property offers separate utility systems, basement storage, and a two-level residential layout.

Property SizeContact for details
Days on Market45

Property Features for 268 Walnut St

General Information

Standard status Pending
Property subtype Multi Family

Taxes and HOA fees

Annual Taxes $6,662

Building Details

Year Built 1920
Units 2
Listing Agency: Neno-Rosa Agency
Listed By: AUGUSTO NENO · License #243126
Source: Elliman
Added: Jul 21 Changed: Aug 31 Last Checked: Sep 1 at 8:48PM

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 1920, this two-family duplex includes distinct living arrangements across the first and second floors. The first-floor unit has one large bedroom, a living room, eat-in kitchen, and newer bathroom. Upstairs are three bedrooms, a living room, eat-in kitchen, and full bathroom. An unfinished basement adds a laundry area and storage space.

The property is fenced and has separate hot water, gas, and electric systems. The owner pays gas heat. Located at 268 Walnut St in Newark’s Ironbound, the property is a short walk from Independence Park, shopping, and transportation to New York City. Walk Score is 93, Transit Score is 83, and Bike Score is 55.

Key Highlights

  • Two‑family duplex with one‑bedroom and three‑bedroom floor plans
  • Unfinished basement with laundry and storage areas
  • Separate hot water, gas, and electric systems

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Nursing Home (Bike/Boat/Book/etc) Store Buffet Tanning Salon Locksmith Clothing & Fashion Store

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

4,639
Businesses Nearby

Demographics for 07105, NJ

50,870
Population
20,608
Households
2.5
Avg Household Size
35
Median Age
15%
College-Educated
70%
High-School Grad
4.6 sq mi
ZIP Area
11,059
Density / Sq Mi
$55,752
Median Household Income
$33,175
Median Earnings
$1,600
Median Rent
$445,900
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 - Fenced Newark property offers separate utility systems, basement storage, and a two-level residential layout.
Where is this duplex located?
The property is located at 268 Walnut St Newark, NJ.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Two‑family duplex with one‑bedroom and three‑bedroom floor plans; Unfinished basement with laundry and storage areas; Separate hot water, gas, and electric systems
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