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2-Unit Duplex
For Sale
$759,888

299-301 Renner Ave, Newark, NJ 07112

Two residences allow for owner occupancy in one unit while the other is used for rental income.

Property SizeContact for details
Days on Market11

Property Features for 299-301 Renner Ave

General Information

Standard status Active
Property subtype Multi-Family

Additional Details

Highway Access Yes
Multifamily Units 2
Listing Agency: Real
Listed By: Peter Tlatelpa (855) 450-0442 · License #2299939
Source: Brentsellsnj
Added: Oct 3 Changed: Oct 11 Last Checked: Oct 12 at 8:39PM

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 Real

Investment Insights

Based on property information with market context.

This Newark duplex contains two residential units, each with a functional living arrangement. The configuration supports living in one unit and renting the other, or using both as rental residences.

The property is near shopping, transportation, major highways, and schools. Its two-unit layout offers flexibility for residential use without relying on a specific unit mix or additional building features.

Key Highlights

  • Two residential units
  • Owner occupancy in one unit with rental use of the other is an option
  • Located in Newark near shopping, transportation, major highways, and schools

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Skin Care Clinic Gym & Fitness Center Cafe & Coffee Shop

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

1,826
Businesses Nearby

Demographics for 07112, NJ

29,773
Population
11,779
Households
2.5
Avg Household Size
34
Median Age
18%
College-Educated
86%
High-School Grad
1.4 sq mi
ZIP Area
21,266
Density / Sq Mi
$55,171
Median Household Income
$35,709
Median Earnings
$1,334
Median Rent
$306,100
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 residences allow for owner occupancy in one unit while the other is used for rental income.
Where is this duplex located?
The property is located at 299-301 Renner Ave Newark, NJ.
What is the asking price?
The asking price for this property is $759,888.
What are key features of this property?
This property features: Two residential units; Owner occupancy in one unit with rental use of the other is an option; Located in Newark near shopping, transportation, major highways, and schools
More about this property
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