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Two-Unit Duplex with Private Driveway
For Sale
$499,000

466 Delavan Ave, Newark, NJ 07107

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

Property SizeContact for details
Lot Size0.06 Acres
Days on Market152

Property Features for 466 Delavan Ave

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bedroom 1, Bedroom 2, Basement, Bedroom 4, Bathroom 2, Bedroom 3
Parking 6
Subdivision UPPER ROSEVILLE
Directions Heller Pkwy to North 6th St to Delavan Ave.
Standard status Active
Lot size 0.06 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 5642

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1963
Floors in Building 2
Number of units 2
Roof type Shingle
Architectural style Other
Listing Agency: PREMIER HOMES
Listed By: JORGE RUEDA
Added: May 4 Changed: Sep 30 Last Checked: Oct 2 at 4:06PM
MLS# 4025930

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 1963 duplex at 466 Delavan Ave in Newark contains two residences: one with three bedrooms and another with one bedroom. The interior is in average condition. A full basement provides space for storage, with potential for additional living space or future improvements. The building has a shingle roof and is served by public water and public sewer.

The property occupies a 0.06-acre parcel and includes a private driveway with parking for up to six vehicles. It is in Newark’s Upper Roseville section, an area described as having access to major transportation and shopping, with access to New York City.

Key Highlights

  • Two‑unit property with a three‑bedroom residence and a one‑bedroom unit
  • Private driveway accommodates up to 6 vehicles
  • Full basement with potential for additional living space or storage

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Parking Lot & Garage Furniture & Home Goods 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

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,421
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
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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 - The property pairs a three-bedroom residence with a one-bedroom unit, a full basement, and off-street parking.
Where is this duplex located?
The property is located at 466 Delavan Ave Newark, NJ.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Two‑unit property with a three‑bedroom residence and a one‑bedroom unit; Private driveway accommodates up to 6 vehicles; Full basement with potential for additional living space or storage
More about this property
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