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Brick Duplex with Two 3-Bedroom Units
For Sale
$525,000

502 S 18Th St Newark, Newark, NJ 07103

Two separate residences offer practical layouts with central air and natural-gas systems.

Property SizeContact for details
Days on Market62

Property Features for 502 S 18Th St Newark

General Information

Standard status Active
Property subtype Multi-Family

Units

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

Amenities

Fuel: Gas-Natural
Cooling: Central Air
Heating: Forced Hot Air
Gas-Natural

Building Details

Year Built 1906
Buildings 1
Construction brick
Listing Agency: NJ Metro Group LLC
Listed By: Brendan DaSilva · License #1753996
Source: Kw
Added: Aug 13 Changed: Oct 11 Last Checked: Oct 12 at 7:06PM

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 NJ Metro Group LLC

Investment Insights

Based on property information with market context.

This two-family brick residence, built in 1906, contains two separate units with matching layouts. Each residence includes three bedrooms and one full bathroom, creating a clear two-unit configuration for residential income use. The property has central air conditioning, forced-hot-air heating, and natural-gas service, along with newer utilities noted in the property information.

Located in Newark, the home is near local shopping, dining, transportation, and other city amenities. Its brick exterior and separate-unit arrangement provide a straightforward physical setup for an owner evaluating a duplex property.

Key Highlights

  • Two separate residential units, each with 3 bedrooms and 1 full bathroom
  • Brick exterior on a residence built in 1906
  • Central air conditioning in the property

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency (Bike/Boat/Book/etc) Store Storage Facility Acupuncture Electrical Service

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

1,389
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
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 - Two separate residences offer practical layouts with central air and natural-gas systems.
Where is this duplex located?
The property is located at 502 S 18Th St Newark Newark, NJ.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Two separate residential units, each with 3 bedrooms and 1 full bathroom; Brick exterior on a residence built in 1906; Central air conditioning in the property
More about this property
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