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Duplex with Unfinished Basement
New
For Sale
$534,900

491 S 17Th St, Newark, NJ 07103

MULTI_FAMILY - Newark City, NJ

Lot Size0.06 Acres
Days on Market1

Property Features for 491 S 17Th St

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Basement, Bedroom 6, Bedroom 3, Bedroom 1, Bedroom 4, Bathroom 2, Bedroom 5, Bedroom 2
Patio and Porch features Porch
Interior features Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector
Exterior features Open Porch(es)
Directions S orange ave to S 17th st
Standard status Active
Lot size 0.06 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 1819

Utilities

Heating system Forced Air
Water source Public

Building Details

Year built 1919
Floors in Building 2
Number of units 2
Roof type Shingle
Architectural style Other
Listing Agency: RE/MAX SELECT · RE/MAX International
Listed By: SILVIO LAVRADOR · License #1536348
Added: Jul 31 Last Checked: Jul 31 at 9:06PM
MLS# 4044050

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.

Updated two-family duplex on a small lot with forced air heating. The home features an open porch and a shingle roof, with public water service. Interior details include updated plumbing and electrical, new hardwood floors, and updated kitchens and baths.

The first floor layout includes a living room, three bedrooms, an eat-in kitchen, and a full bath. The second floor includes three bedrooms, a living area, an eat-in kitchen, a full bath, and an additional spare room that may serve as an office or possible fourth bedroom addition.

A full unfinished basement offers ample space, described as large with good ceiling height, which may support future finishing to add additional living area. The property is built for an owner-occupant or investor, with both units having bedroom and bath configurations described above.

Key Highlights

  • Two‑family duplex updated with new hardwood floors
  • First floor: living room, three bedrooms, eat‑in kitchen, full bath
  • Second floor: three bedrooms, living area, eat‑in kitchen, full bath, plus spare room

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Gym & Fitness Center (Bike/Boat/Book/etc) Store Storage Facility 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

Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,414
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

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 - Updated two-family duplex with forced air heat, shingle roof, open porch, and a full unfinished basement.
Where is this duplex located?
The property is located at 491 S 17Th St Newark, NJ.
What is the asking price?
The asking price for this property is $534,900.
What are key features of this property?
This property features: Two‑family duplex updated with new hardwood floors; First floor: living room, three bedrooms, eat‑in kitchen, full bath; Second floor: three bedrooms, living area, eat‑in kitchen, full bath, plus spare room
More about this property
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