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Duplex with Separate-Entry Basement
For Sale
$570,000

324a 14th Ave, Newark, NJ 07103

Both residences have three bedrooms, and the property includes an additional lot.

Property SizeContact for details
Days on Market57

Property Features for 324a 14th Ave

General Information

Standard status Active
Property subtype Multi Family Home
Net Operating Income $999,999

Site & Location

Neighborhood West Side

Units

Unit Mix 2 x 3BR
Multifamily Units 2

Building Details

Year Built 1940
Units 2
Listing Agency: Weichert Realtors
Listed By: Queenella Gibson Delphin
Source: Culturaunitedrealty
Added: Aug 29 Changed: Oct 23 Last Checked: Oct 23 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 Weichert Realtors

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Investment Insights

Based on property information with market context.

This two-family property has a three-bedroom residence above another three-bedroom residence. A basement with its own entrance and an additional lot are also part of the property. Plumbing, electrical systems, and the roof have been updated in recent years.

The property is expected to be vacant at closing. Transportation, schools, and local amenities are nearby.

Key Highlights

  • Two‑family layout with three bedrooms in each residence
  • Basement has a separate entrance
  • Includes an additional lot

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 - Both residences have three bedrooms, and the property includes an additional lot.
Where is this duplex located?
The property is located at 324a 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 layout with three bedrooms in each residence; Basement has a separate entrance; Includes an additional lot
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