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Two-Unit Duplex
New
For Sale
$649,500

455 4th Avenue, Newark, NJ 07107

One residence is occupied and the other is vacant, with separate living spaces in the two-family layout.

Property SizeContact for details
Days on Market5

Property Features for 455 4th Avenue

General Information

Standard status Active
Property subtype Residential Income
Occupancy 50%

Property Condition

Severity Repairs Needed
Evidence add value with some TLC

Site & Location

Highway Access Yes
Public Transit Yes

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $5,374

Amenities

2 Family
Listing Agency: Coldwell Banker Realty
Listed By: Maikol Puebla · License #297129
Source: Evrealestate
Added: Oct 9 Changed: Oct 11 Last Checked: Oct 12 at 7:37PM

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 Coldwell Banker Realty

Investment Insights

Based on property information with market context.

This duplex contains two separate residences, with one currently occupied and the other vacant. The property is described as needing some TLC, leaving room for personal updates to the living spaces.

The property is at 455 4th Avenue in Newark, New Jersey, near shopping, dining, schools, parks, public transportation, and major highways.

Key Highlights

  • Two separate residential units
  • One unit is occupied; the other is vacant
  • Located near shopping, dining, schools, parks, public transportation, and major highways

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Skin Care Clinic Locksmith Garden Center Acupuncture

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
50%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,187
Businesses Nearby

Demographics for 07107, NJ

41,627
Population
16,084
Households
2.6
Avg Household Size
33
Median Age
13%
College-Educated
77%
High-School Grad
1.6 sq mi
ZIP Area
26,017
Density / Sq Mi
$49,892
Median Household Income
$35,700
Median Earnings
$1,259
Median Rent
$353,300
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
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Frequently Asked Questions

What type of property is this?
Duplex - One residence is occupied and the other is vacant, with separate living spaces in the two-family layout.
Where is this duplex located?
The property is located at 455 4th Avenue Newark, NJ.
What is the asking price?
The asking price for this property is $649,500.
What are key features of this property?
This property features: Two separate residential units; One unit is occupied; the other is vacant; Located near shopping, dining, schools, parks, public transportation, and major highways
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