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Renovated Two-Family Duplex
For Sale
$638,000

314 7th Avenue West, Newark, NJ 07107

Two residential units feature separate utilities, central air, forced hot-air heating, and a large unfinished basement.

Property SizeContact for details
Days on Market161

Property Features for 314 7th Avenue West

General Information

Standard status Active
Property subtype Multi Family

Units

Unit Mix 1 x 3BR/1BA, 1 x 4BR/1.1BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $4,658

Amenities

7
2
2.1
1
9
3
Aluminum Siding

Building Details

Year Built 1900
Buildings 1
Listing Agency: Keller Williams City Views Realty
Listed By: Oscar Nunez-Paz · License #300194
Source: Compass
Added: Mar 25 Changed: Aug 31 Last Checked: Aug 30 at 5:50AM

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 Keller Williams City Views Realty

Investment Insights

Based on property information with market context.

This two-family property includes a vacant first-floor residence with 3 bedrooms, 1 full bathroom, hardwood flooring, recent renovations, central air, and forced hot-air heat. The upper residence is arranged across two levels and provides 4 bedrooms with 1.1 bathrooms, along with comparable finishes and mechanical features. A substantial unfinished basement adds additional interior space for future customization. Utilities are separately metered between the units, supporting independent operation. The exterior is finished with aluminum siding, and the home was built in 1900.

The property is located near Newark’s Forest Hill section and Branch Brook Park. The address is 314 7th Avenue West, Newark, NJ 07107.

Key Highlights

  • Two‑family property with a vacant first‑floor unit
  • First‑floor layout includes 3 bedrooms and 1 full bathroom
  • Upper duplex provides 4 bedrooms and 1.1 bathrooms

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Computer & Electronic Repair Law Firm (Bike/Boat/Book/etc) Store Locksmith 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

1,441
Businesses Nearby

Demographics for 07107, NJ

41,627
Population
16,084
Households
2.6
Avg Household Size
33
Median Age
13%
College-Educated
77%
High-School Grad
1.6 sq mi
ZIP Area
26,017
Density / Sq Mi
$49,892
Median Household Income
$35,700
Median Earnings
$1,259
Median Rent
$353,300
Median Home Value

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 feature separate utilities, central air, forced hot-air heating, and a large unfinished basement.
Where is this duplex located?
The property is located at 314 7th Avenue West Newark, NJ.
What is the asking price?
The asking price for this property is $638,000.
What are key features of this property?
This property features: Two‑family property with a vacant first‑floor unit; First‑floor layout includes 3 bedrooms and 1 full bathroom; Upper duplex provides 4 bedrooms and 1.1 bathrooms
More about this property
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