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Vacant Duplex With Basement
For Sale
$570,000

324 14th Ave, Newark, NJ 07103

Two three-bedroom units, newer building systems, an additional lot, and a separately accessible basement support flexible occupancy or storage.

Property SizeContact for details
Days on Market70

Property Features for 324 14th Ave

General Information

Standard status Active
Property subtype Multi-Family

Site & Location

Neighborhood West Side

Units

Unit Mix 2 x 3BR
Multifamily Units 2

Building Details

Buildings 1
Listing Agency: Better Homes and Gardens Real Estate Elite
Listed By: Christian Cobo (908) 884-5316 · License #285389
Source: Brentsellsnj
Added: Aug 17 Changed: Oct 1 Last Checked: Oct 24 at 5:10PM

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 Better Homes and Gardens Real Estate Elite

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Investment Insights

Based on property information with market context.

This two-family duplex is arranged with three bedrooms on each level and will be delivered vacant at closing. The property includes newer plumbing, electrical systems, and roofing, along with a basement that has its own entrance. An additional lot is included with the property, expanding the overall offering and providing additional space for storage or other supported uses.

Located at 324 14th Avenue in Newark, the property is near transportation, schools, and local amenities. Its vacant delivery supports an owner-occupant plan or immediate leasing after closing, as described in the property information.

Key Highlights

  • Two‑family duplex with 3 bedrooms over 3 bedrooms
  • Newer plumbing, electrical, and roof
  • Basement with separate entrance

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,185
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 - Two three-bedroom units, newer building systems, an additional lot, and a separately accessible basement support flexible occupancy or storage.
Where is this duplex located?
The property is located at 324 14th Ave Newark, NJ.
What is the asking price?
The asking price for this property is $570,000.
What are key features of this property?
This property features: Two‑family duplex with 3 bedrooms over 3 bedrooms; Newer plumbing, electrical, and roof; Basement with separate entrance
More about this property
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