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Duplex with Finished Basement
For Sale
$480,000

29 Victoria Avenue, Newark, NJ 07104

Two residential units include living areas, eat-in kitchens, bedrooms, and full bathrooms.

Property SizeContact for details
Days on Market185

Property Features for 29 Victoria Avenue

General Information

Standard status Active
Property subtype Multi-Family

Site & Location

Highway Access Yes
Public Transit Yes

Additional Details

Multifamily Units 2

Amenities

Electricity Connected, Natural Gas Connected, Sep Heat
Listing Agency: Fort Lee
Listed By: Milton Araujo · License #2075482
Source: Kw
Added: Apr 1 Changed: Oct 1 Last Checked: Oct 1 at 9:28AM

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 Fort Lee

Investment Insights

Based on property information with market context.

This duplex contains two residential units, each arranged with living space, an eat-in kitchen, bedrooms, and a full bathroom. A finished basement adds flexible interior area that can support recreation, storage, or extended living use.

The property is in North Newark near Branch Brook Park, with access to I-280, Route 21, Newark Penn Station, and NJ Transit bus lines. Shopping, restaurants, schools, and other neighborhood amenities are nearby. The location also places the home close to the park’s walking paths, lakes, recreation areas, and cherry blossom displays. The configuration may suit an owner-occupant or an investor seeking a two-family property with additional finished space.

Key Highlights

  • Two‑family duplex with two residential units
  • Finished basement provides recreation, storage, or extended living space
  • Each unit includes an eat‑in kitchen and full bathroom

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Pet Grooming Service Carpet & Flooring Store Locksmith Tanning Salon

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

1,962
Businesses Nearby

Demographics for 07104, NJ

54,051
Population
21,762
Households
2.5
Avg Household Size
35
Median Age
21%
College-Educated
71%
High-School Grad
2.5 sq mi
ZIP Area
21,620
Density / Sq Mi
$51,199
Median Household Income
$36,139
Median Earnings
$1,343
Median Rent
$337,400
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
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Frequently Asked Questions

What type of property is this?
Duplex - Two residential units include living areas, eat-in kitchens, bedrooms, and full bathrooms.
Where is this duplex located?
The property is located at 29 Victoria Avenue Newark, NJ.
What is the asking price?
The asking price for this property is $480,000.
What are key features of this property?
This property features: Two‑family duplex with two residential units; Finished basement provides recreation, storage, or extended living space; Each unit includes an eat‑in kitchen and full bathroom
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