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Two-Family Income Duplex

268 Walnut St Newark, NJ 07105

268 Walnut St, Newark, NJ, 07105
$625,000
For Sale
Claim this Listing
$625,000

MULTI_FAMILY - Newark City, NJ

Lot Size0.06 Acres
AddedApr 8
Days on Market99
Last RefreshJul 15 at 12:06 am

Property Features for 268 Walnut St

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Rooms
Bedroom 2, Bedroom 1, Bedroom 3, Bedroom 4, Basement, Bathroom 2, Bathroom 1
Standard status
Active
Lot size
0.06 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
6662

Utilities

Sewer type
Public Sewer
Heating system
Hot Water(Heating), Other (Heating)
Water source
Public

Building Details

Year built
1920
Floors in Building
2
Number of units
2
Roof type
Flat
Architectural style
Other

Listing agent AUGUSTO NENO

Listing office NENO-ROSA AGENCY 551-553 KEARNY AVE, NJ

Listing date Apr 8, 2026

MLS# 4019329 Listing URL

Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This two-family duplex at 268 Walnut St includes two separate units with their own living and kitchen areas. The first floor features 1 large bedroom, a living room, an eat-in kitchen, and a newer bathroom. The second floor includes 3 bedrooms, a living room, an eat-in kitchen, and a full bath. There is an unfinished basement with a laundry area and storage space, and the property has a newer roof. The duplex also has separate hot water, gas, and electric, with the owner paying for heat (gas). The property is fenced.

The home is located in Newark City in Essex County, with a short walk to Independence Park and nearby shopping and transportation options to NYC.

With separate utility services and functional indoor storage and laundry space in the unfinished basement, this duplex is set up as a straightforward residential income property.

Key Highlights

  • 2‑family home at 268 Walnut St in Newark’s Ironbound, built in 1920
  • 1st floor unit: 1 large bedroom, living room, eat‑in kitchen, and newer bathroom
  • 2nd floor unit: 3 bedrooms, living room, eat‑in kitchen, and full bath

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

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

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two-unit duplex with separate utilities, an unfinished basement, and a newer roof on a fenced property.
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: 2‑family home at 268 Walnut St in Newark’s Ironbound, built in 1920; 1st floor unit: 1 large bedroom, living room, eat‑in kitchen, and newer bathroom; 2nd floor unit: 3 bedrooms, living room, eat‑in kitchen, and full bath
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