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Two-Unit Duplex with Central Air
For Sale
$669,000

407 Chadwick Ave, Newark, NJ 07112

The second residence includes a den and porch, while a private driveway provides off-street parking.

Property SizeContact for details
Days on Market32

Property Features for 407 Chadwick Ave

General Information

Standard status Active
Total Parking Spaces 1
Property subtype Multi Family Home
Net Operating Income $9,999

Site & Location

Neighborhood Weequahic

Units

Unit Mix 2 x 3BR/1BA
Multifamily Units 2

Building Details

Year Built 1917
Buildings 1
Units 2
Listing Agency: Keller Williams Mid-Town Direct
Listed By: Tovia Lichtman · License #306876
Source: Culturaunitedrealty
Added: Sep 23 Changed: Oct 23 Last Checked: Oct 23 at 4:08PM

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 Mid-Town Direct

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Investment Insights

Based on property information with market context.

This two-unit duplex contains six bedrooms and two full bathrooms, with three bedrooms and one bathroom in each residence. Both units have a living room and eat-in kitchen. Central air and forced hot air heating serve the first unit; the second has a den and porch. An unfinished basement provides additional storage space, and the property includes a private driveway for off-street parking.

Built in 1917, the Newark property is located at 407 Chadwick Ave.

Key Highlights

  • Two residences, each with 3 bedrooms and 1 full bathroom
  • First unit has forced hot air heating and central air
  • Second unit includes a den and porch

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,625
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
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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 - The second residence includes a den and porch, while a private driveway provides off-street parking.
Where is this duplex located?
The property is located at 407 Chadwick Ave Newark, NJ.
What is the asking price?
The asking price for this property is $669,000.
What are key features of this property?
This property features: Two residences, each with 3 bedrooms and 1 full bathroom; First unit has forced hot air heating and central air; Second unit includes a den and porch
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