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Renovated Two-Unit Duplex
For Sale
$584,900

487 S 17Th St, Newark, NJ 07103

Two residential units offer three bedrooms each, central heat, and proximity to transit, shopping, and daily conveniences.

Property SizeContact for details
Days on Market66

Property Features for 487 S 17Th St

General Information

Standard status Active
Property subtype Multi Family

Site & Location

Neighborhood West Side
Public Transit Yes

Units

Unit Mix 3BR/1BA, 3BR/2BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $5,126

Building Details

Buildings 1
Units 2
Listing Agency: Realty ONE Group Legend
Listed By: JUAN C. ESCOBAR
Source: Elliman
Added: Aug 20 Changed: Oct 23 Last Checked: Oct 23 at 10:19AM

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 Realty ONE Group Legend

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Investment Insights

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This recently renovated duplex contains two separate residential units with a matching three-bedroom layout. The first-floor apartment includes one full bathroom, while the second-floor apartment provides two full bathrooms. Both units feature large rooms, and central heat serves the property.

The home is located at 487 S 17th St in Newark, near public transportation, houses of worship, shopping, and everyday services. WalkScore is 88, TransitScore is 75, and BikeScore is 52, providing measurable access to local transportation and amenities. The two-family configuration offers flexibility for residential occupancy or rental use.

Key Highlights

  • Recently renovated two‑family property
  • Two units, each with 3 bedrooms
  • First‑floor unit has 1 full bath; second‑floor unit has 2 full baths

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,389
Businesses Nearby

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
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

Frequently Asked Questions

What type of property is this?
Duplex - Two residential units offer three bedrooms each, central heat, and proximity to transit, shopping, and daily conveniences.
Where is this duplex located?
The property is located at 487 S 17Th St Newark, NJ.
What is the asking price?
The asking price for this property is $584,900.
What are key features of this property?
This property features: Recently renovated two‑family property; Two units, each with 3 bedrooms; First‑floor unit has 1 full bath; second‑floor unit has 2 full baths
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