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Duplex with Backyard
New
For Sale
$599,000

283 S 18th St, Newark, NJ 07103

Multi-Family, 3-Three Story, Newark City, NJ

Property SizeContact for details
Lot Size0.06 Acres
Days on Market1

Property Features for 283 S 18th St

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Basement, Bedroom 1, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 3
Directions Between 11th & 12th Avenues
Standard status Active
Lot size 0.06 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 2799

Utilities

Sewer type Public Sewer
Water source Public

Amenities

central air
large backyard

Building Details

Year built 1910
Floors in Building 3
Number of units 2
Roof type Shingle
Architectural style Other
Listing Agency: HOMESMART FIRST ADVANTAGE · HomeSmart International
Listed By: RONALD COLLINS · License #295754
Added: Oct 15 Last Checked: Oct 15 at 8:06PM
MLS# 4059238

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.

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Investment Insights

Based on property information with market context.

Built in 1910, this two-unit residential property in Newark’s Fairmount neighborhood sits on a 0.06-acre lot. The first apartment has one bedroom, one bathroom, and a finished basement. The second is arranged across two levels, with two bedrooms, one bathroom, and additional bonus space that could serve as another bedroom. A backyard is also part of the property.

Each unit has separate utilities, including central air. The property is to be delivered vacant at closing. Public water and public sewer serve the building, which has a shingle roof.

Key Highlights

  • Two residential units, with separate utilities and central air for each
  • Delivery of the entire property vacant at closing
  • First apartment includes 1 bedroom, 1 bathroom, and a finished basement

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency (Bike/Boat/Book/etc) Store Veterinary Clinic Furniture & Home Goods Carpet & Flooring 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.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,469
Businesses Nearby

Demographics for 07103, NJ

39,439
Population
13,832
Households
2.9
Avg Household Size
30
Median Age
21%
College-Educated
81%
High-School Grad
2.2 sq mi
ZIP Area
17,927
Density / Sq Mi
$42,397
Median Household Income
$34,278
Median Earnings
$1,289
Median Rent
$259,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Both residences have separate utilities, including central air, and the property will be delivered vacant at closing.
Where is this duplex located?
The property is located at 283 S 18th St Newark, NJ.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Two residential units, with separate utilities and central air for each; Delivery of the entire property vacant at closing; First apartment includes 1 bedroom, 1 bathroom, and a finished basement
More about this property
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