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Renovated Duplex
New
For Sale
$679,000

407 Chadwick Ave, Newark, NJ 07112

Multi-Family, 2-Two Story, Newark City, NJ

Property SizeContact for details
Lot Size0.09 Acres
Days on Market5

Property Features for 407 Chadwick Ave

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 5, Bedroom 1, Bathroom 1, Bedroom 2, Bedroom 3, Bathroom 2, Bedroom 6, Basement, Bedroom 4
Parking 1
Subdivision Weequahic
Directions Nye Ave to Chadwick Ave
Standard status Active
Lot size 0.09 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 5962

Utilities

Sewer type Public Sewer
Heating system Other (Heating), Forced Air, Steam
Cooling system Central Air
Water source Public

Amenities

central air
porch

Building Details

Year built 1917
Floors in Building 2
Number of units 2
Roof type Shingle
Architectural style Other
Listing Agency: KELLER WILLIAMS MID-TOWN DIRECT · Keller Williams Realty
Listed By: TOVIA LICHTMAN · License #306876
Added: Sep 23 Changed: Sep 24 Last Checked: Sep 27 at 12:06PM
MLS# 4054743

Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This renovated duplex contains two residential units, each arranged with three bedrooms and one full bathroom. The property provides six bedrooms and two full bathrooms overall. Both units include living rooms and eat-in kitchens, while the second unit adds a den and porch. Heating includes steam and forced air systems, and central air conditioning serves the property.

An unfinished basement provides additional storage space, while the private driveway offers off-street parking. Built in 1917 on a 0.09-acre lot, the property has public water and public sewer service, along with a shingle roof.

Key Highlights

  • Two‑unit duplex with 6 bedrooms and 2 full bathrooms
  • Each unit includes 3 bedrooms and 1 full bathroom
  • Second unit features a den and porch

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Skin Care Clinic (Bike/Boat/Book/etc) Store Gym & Fitness Center

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

1,672
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
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
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Frequently Asked Questions

What type of property is this?
Duplex - Renovated two-unit residence with flexible layouts, private driveway parking, central air, and unfinished basement storage.
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 $679,000.
What are key features of this property?
This property features: Two‑unit duplex with 6 bedrooms and 2 full bathrooms; Each unit includes 3 bedrooms and 1 full bathroom; Second unit features a den and porch
More about this property
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