Search
Two-Unit Duplex with Garages

493 Broadway, Newark, NJ 07104

For Sale
$1,024,000

Both apartments have three bedrooms, separate utilities, central air, and dedicated laundry areas.

Property SizeContact for details
Days on Market145

Property Features for 493 Broadway

General Information

Standard status Active
Total Parking Spaces 9
Property subtype Multi Family Home

Site & Location

Neighborhood North Broadway

Units

Unit Mix 1 x 3BR/2BA, 1 x 3BR/1BA
Multifamily Units 2
Individually Metered Utilities unspecified utilities

Amenities

above-ground pool
central air
in-unit laundry
Carbon Monoxide Detector
Fire Alarm Sys
Fire Extinguisher
High Ceilings
See Remarks
Smoke Detector
Window Treatments
Wood Floors
MetalFnc
Patio
PoolAbov
FencPriv
SeeRem
Sidewalk
Storage
FencVnyl

Building Details

Year Built 1998
Units 2
Listing Agency: Weichert Realtors
Listed By: Elisa Torres
Source: Arcadiarealtors
Added: Jun 18 Changed: Nov 8 Last Checked: Nov 9 at 8:54AM

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 Weichert Realtors

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Built in 1998, this two-unit duplex has a three-bedroom apartment on each floor. Both include an open living and dining area, a kitchen, central air, separate utilities, and laundry space. The first-floor apartment has a primary bedroom with an en-suite full bath and a second full bathroom; the upper apartment has one full bathroom. A finished walkout ground level adds living space and another full bathroom. Original hardwood flooring is present, and the exterior includes an above-ground pool, an attached ground-level garage, and two detached garages. Parking accommodates 7-8 vehicles.

The property is in North Newark, near the Forest Hill section, with schools, parks, restaurants, shopping, hospitals, public transportation, and major highways nearby. Improvements include a roof approximately 3 years old, new front bay windows on both floors, and newly paved concrete exterior areas. The first-floor apartment has stainless steel appliances installed approximately 2 years ago.

Key Highlights

  • Two apartments, each with 3 bedrooms
  • Separate utilities, central air, and laundry areas in both units
  • Finished walkout ground level with additional living space and a full bathroom

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,281
Businesses Nearby

Demographics for 07104, NJ

54,051
Population
21,762
Households
2.5
Avg Household Size
35
Median Age
21%
College-Educated
71%
High-School Grad
2.5 sq mi
ZIP Area
21,620
Density / Sq Mi
$51,199
Median Household Income
$36,139
Median Earnings
$1,343
Median Rent
$337,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Duplexes in Newark, NJ

$329 Jul
$288 Aug
$231 Sep
$236 Oct

Properties on Market for Duplexes in Newark

Jul
Aug
Sep
Oct

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 - Both apartments have three bedrooms, separate utilities, central air, and dedicated laundry areas.
Where is this duplex located?
The property is located at 493 Broadway Newark, NJ.
What is the asking price?
The asking price for this property is $1,024,000.
What are key features of this property?
This property features: Two apartments, each with 3 bedrooms; Separate utilities, central air, and laundry areas in both units; Finished walkout ground level with additional living space and a full bathroom
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved