New Construction Duplex with
For Sale
$889,000
522 S 19th St, Newark, NJ 07103
Two fully independent residences feature open layouts, modern kitchens, private laundry hookups, and flexible finished space below.
Property Size3,858 SF
Price / SF$230.43
Days on Market94
Property Features for 522 S 19th St
General Information
Standard status
Active
Size
3,858 SF
Total Parking Spaces
1
Property subtype
Multi-Family
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Amenities
in-unit washer and dryer hookups
Building Details
Year Built
2026
Buildings
1
Listing Agency:
EXIT REALTY LUCKY ASSOCIATES
Listed By:
PATRICK DWYER · License #293621
(973) 817-7700
Source:
Goldstandardrealty
Added: Jul 12
Changed: Oct 6
Last Checked: Oct 7 at 4:33PM
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 EXIT REALTY LUCKY ASSOCIATES
Investment Insights
Based on property information with market context.
Completed in 2026, this duplex contains two upper-level residences, each with approximately 1,325 square feet arranged around an open living, dining, and kitchen area. Both homes provide three bedrooms, two full bathrooms, and hookups for in-unit laundry. Modern finishes and separate residential layouts support either owner occupancy or rental use.
The ground level adds approximately 1,220 square feet of finished space, a half bathroom, a separate entrance, and an attached one-car garage. The lower level can accommodate a range of flexible uses, including recreation, office, or additional living space. The property is near transportation, schools, shopping, and local amenities in Newark, with a potential 5-year tax abatement and 10-year home warranty noted in the offering details.
The ground level adds approximately 1,220 square feet of finished space, a half bathroom, a separate entrance, and an attached one-car garage. The lower level can accommodate a range of flexible uses, including recreation, office, or additional living space. The property is near transportation, schools, shopping, and local amenities in Newark, with a potential 5-year tax abatement and 10-year home warranty noted in the offering details.
Key Highlights
- Two‑unit duplex completed in 2026
- Each residence offers approximately 1,325 square feet, 3 bedrooms, and 2 full bathrooms
- Ground level includes approximately 1,220 square feet of finished space and a half bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$77,097
Cap Rate
8.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,541,940
$1.5M
Cap Rate 7%
$1,101,386
$1.1M
Cap Rate 9%
$856,633
$856.6K
Market Conditions
NOI Build-Up for 3,858 SF
Gross rent
$115.7K $30.00/SF
− Vacancy
−$5.6K −$1.45/SF
EGI
$110.1K $28.55/SF
− OpEx
−$33.0K −$8.56/SF
NOI
$77.1K $19.98/SF
Area
ZIP 07103
Vacancy
4.84%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,541,940
Cap Rate 7%
$1,101,386
Cap Rate 9%
$856,633
Alternative Uses
Best Use
Multifamily LT 5
$1.10M
$963.7K – $1.28M
NOI $77,097 @ 7.0% cap · market cap 8.67%
Second Best
Apartment 5plus
$1.00M
$876.0K – $1.17M
NOI $70,076 @ 7.0% cap · market cap 7.88%
Theoretical Best
Office A
$1.38M
$1.21M – $1.61M
NOI $96,592 @ 7.0% cap · market cap 10.87%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,269
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two fully independent residences feature open layouts, modern kitchens, private laundry hookups, and flexible finished space below.
Where is this duplex located?
The property is located at 522 S 19th St Newark, NJ.
What is the asking price?
The asking price for this property is $889,000.
What are key features of this property?
This property features: Two‑unit duplex completed in 2026; Each residence offers approximately 1,325 square feet, 3 bedrooms, and 2 full bathrooms; Ground level includes approximately 1,220 square feet of finished space and a half bathroom
