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Duplex with Separate Living Spaces
New
For Sale
$925,000

428 Peshine Avenue, Newark, NJ 07112

2-4 Family, Newark, NJ

Property SizeContact for details
Days on Market4

Property Features for 428 Peshine Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Property condition Under Construction
Bedrooms 6
Bathrooms 5
Full bathrooms 4
Half bathrooms 1
Rooms Bedroom 1, Bedroom 6, Bedroom 4, Bathroom 2, Bathroom 5, Basement, Bathroom 4, Bedroom 5, Bathroom 3, Bedroom 2, Bathroom 1, Bedroom 3
Basement Full
Subdivision Newark
Standard status Active

Utilities

Cooling system Central Air

Amenities

central air conditioning
forced hot air
fully paved backyard
Listing Agency: Keller Williams City Views Realty · Keller Williams Realty
Listed By: Farhan Yousufi · License #281797
Added: Oct 7 Changed: Oct 8 Last Checked: Oct 10 at 5:06PM
MLS# 26038327

Copyright © 2026 New Jersey MLS Inc. 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 duplex is under construction and provides 6 bedrooms, 4 full bathrooms, and 1 half bathroom across separate living spaces. The ground level connects with the first floor and includes an additional kitchenette and direct access to a fully paved backyard. This portion is furnished. The second floor contains 3 bedrooms and 2 full bathrooms. Central air conditioning and forced hot air serve the property.

The address is on Peshine Avenue in Newark, with access to major highways, transportation, shopping, and local amenities. Newark Liberty International Airport is minutes away. An available tax abatement is also noted.

Key Highlights

  • 6 bedrooms, 4 full bathrooms, and 1 half bathroom
  • Ground level connects with the first floor and includes an additional kitchenette
  • Second floor has 3 bedrooms and 2 full bathrooms

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic (Bike/Boat/Book/etc) Store Veterinary Clinic Nursing Home

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

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,068
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
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - New construction includes central air conditioning and a paved backyard with direct access from the ground-level area.
Where is this duplex located?
The property is located at 428 Peshine Avenue Newark, NJ.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: 6 bedrooms, 4 full bathrooms, and 1 half bathroom; Ground level connects with the first floor and includes an additional kitchenette; Second floor has 3 bedrooms and 2 full bathrooms
More about this property
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