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Two-Family Duplex with Garage
For Sale
$750,000

289 South 7th Street, Newark, NJ 07103

Two residential units provide adaptable living arrangements and rental-use flexibility.

Property Size9,999 SF
Price / SF$75.01
Days on Market117

Property Features for 289 South 7th Street

General Information

Standard status Active
Size 9,999 SF
Property subtype Multi Family / 3-Three Story
Net Operating Income $9,999

Site & Location

Highway Access Yes
Public Transit Yes

Units

Unit Mix 3BR/3BA, 3BR/2BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $8,637

Amenities

hardwood and tile flooring
central heating and air conditioning
dishwasher
Yes
Asphalt Shingle
Finished, Full
Brick/Block

Building Details

Year Built 2006
Buildings 1
Listing Agency: Compass
Listed By: Carlos Beltran · License #301377
Source: Compass
Added: May 7 Changed: Aug 30 Last Checked: Aug 30 at 1:03PM

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 Compass

Investment Insights

Based on property information with market context.

Built in 2006, this two-family duplex contains 6 bedrooms and 5 full bathrooms across two residential units. The first residence includes 3 bedrooms, 3 full bathrooms, and finished lower-level space with bonus rooms and a separate entrance. The second offers 3 bedrooms and 2 full bathrooms in a practical layout suited to everyday living.

Interior finishes include hardwood and tile flooring, while central heating and air conditioning serve the property. Both kitchens include dishwashers, and the home has updated systems. Exterior features include a private driveway with off-street parking and a one-car garage.

The property is located near I-78 and I-280, public transportation, schools, shopping, parks, and neighborhood amenities along Springfield Avenue and South Orange Avenue in Newark’s West Side neighborhood.

Key Highlights

  • Two residential units with a combined 6 bedrooms and 5 full bathrooms
  • First unit includes 3 bedrooms, 3 full bathrooms, finished lower‑level rooms, and a separate entrance
  • Second unit offers 3 bedrooms and 2 full bathrooms

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Skin Care Clinic Acupuncture Locksmith

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
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,261
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

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 residential units provide adaptable living arrangements and rental-use flexibility.
Where is this duplex located?
The property is located at 289 South 7th Street Newark, NJ.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Two residential units with a combined 6 bedrooms and 5 full bathrooms; First unit includes 3 bedrooms, 3 full bathrooms, finished lower‑level rooms, and a separate entrance; Second unit offers 3 bedrooms and 2 full bathrooms
More about this property
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