New Construction Duplex with Private
For Sale
$965,000
434 S 10th St, Newark, NJ 07103
Two-level residences combine flexible ground-floor space, designer finishes, tandem parking, and private outdoor areas.
Property Size3,456 SF
Price / SF$279.22
Days on Market72
Property Features for 434 S 10th St
General Information
Standard status
Active
Size
3,456 SF
Property subtype
Multi-Family
Site & Location
Highway Access
Yes
Public Transit
Yes
Building Details
Year Built
2026
Buildings
3
Listing Agency:
KELLER WILLIAMS CITY VIEWS REALTY
Listed By:
OSCAR NUNEZ-PAZ
Source:
Luminancerealty
Added: Aug 5
Changed: Oct 11
Last Checked: Oct 5 at 10:12PM
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 CITY VIEWS REALTY
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Investment Insights
Based on property information with market context.
This 3,456-square-foot duplex property was built in 2026 and includes two apartments, each with three bedrooms, two full bathrooms, a primary suite, oversized living areas, and a kitchen with extensive cabinetry and peninsula seating. The ground level adds an open flex area, half bathroom, tile finishes, and a two-car tandem garage. Sliding doors connect the interior to a paved patio and grassy backyard, while Juliet balconies and accent walls add further architectural detail.
Located at 434 S 10th St in Newark City, the property is positioned near major highways, airports, public transportation, and shopping. The offering includes one of three residences referenced in the property information and includes a 5 YEARS TAX ABATEMENT. The combined layout provides six bedrooms and five and a half bathrooms across the apartments and ground-level common space.
Located at 434 S 10th St in Newark City, the property is positioned near major highways, airports, public transportation, and shopping. The offering includes one of three residences referenced in the property information and includes a 5 YEARS TAX ABATEMENT. The combined layout provides six bedrooms and five and a half bathrooms across the apartments and ground-level common space.
Key Highlights
- 3,456 SF duplex property built in 2026
- Two apartments with three bedrooms and two full bathrooms each
- Six bedrooms and five and a half bathrooms in total
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$69,063
Cap Rate
7.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,381,260
$1.4M
Cap Rate 7%
$986,614
$986.6K
Cap Rate 9%
$767,367
$767.4K
Market Conditions
NOI Build-Up for 3,456 SF
Gross rent
$103.7K $30.00/SF
− Vacancy
−$5.0K −$1.45/SF
EGI
$98.7K $28.55/SF
− OpEx
−$29.6K −$8.56/SF
NOI
$69.1K $19.98/SF
Area
ZIP 07103
Vacancy
4.84%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,381,260
Cap Rate 7%
$986,614
Cap Rate 9%
$767,367
Alternative Uses
Best Use
Multifamily LT 5
$986.6K
$863.3K – $1.15M
NOI $69,063 @ 7.0% cap · market cap 7.16%
Second Best
Apartment 5plus
$896.8K
$784.7K – $1.05M
NOI $62,774 @ 7.0% cap · market cap 6.51%
Theoretical Best
Office A
$1.24M
$1.08M – $1.44M
NOI $86,527 @ 7.0% cap · market cap 8.97%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,548
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two-level residences combine flexible ground-floor space, designer finishes, tandem parking, and private outdoor areas.
Where is this duplex located?
The property is located at 434 S 10th St Newark, NJ.
What is the asking price?
The asking price for this property is $965,000.
What are key features of this property?
This property features: 3,456 SF duplex property built in 2026; Two apartments with three bedrooms and two full bathrooms each; Six bedrooms and five and a half bathrooms in total
