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Renovated Two-Family Residence
For Sale
$624,999

53 Aldine Street, Newark, NJ 07112

Turnkey renovated two-family home with updated interiors, separate utilities, and a large three-car garage on a corner lot.

Property SizeContact for details
Days on Market240

Property Features for 53 Aldine Street

General Information

Standard status Active
Property subtype Multi Family / 2-Two Story

Taxes and HOA fees

Annual Taxes $8,899

Amenities

Yes
Asphalt Shingle
Full
Vinyl Siding

Building Details

Year Built 1935
Listing Agency: WEICHERT REALTORS
Listed By: VICTOR THOMAS · License #289437
Source: Compass
Added: Jan 12 Changed: Aug 8 Last Checked: Jul 22 at 7:18PM

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

Investment Insights

Based on property information with market context.

This renovated two-family residence offers two separate units with updated finishes and practical layouts. The first-floor unit includes two bedrooms, a living room, and an eat-in kitchen, with new hardwood flooring, a modernized kitchen and bathroom, and new windows throughout. The second-floor unit features three bedrooms, a living room, and an updated eat-in kitchen and bathroom, designed to provide comfortable day-to-day space. Both units are served by forced hot air heating systems with separate gas, electric, and heating utilities, and the property also includes a full basement.

The home is situated on a corner lot and features an oversized three-car garage. The location is described as convenient to schools, houses of worship, shopping, and transportation.

Configured for two independent living spaces, the property presents a straightforward, income-oriented setup with separate utilities and recently updated interior components across both floors.

Key Highlights

  • Renovated two‑family home with two updated units plus a full basement
  • First‑floor unit has 2 bedrooms, a bright living room, and an eat‑in kitchen; updated with new hardwood flooring, kitchen/bath updates, and new windows
  • Second‑floor unit has 3 bedrooms, a living room, and updated eat‑in kitchen and bathroom

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Skin Care Clinic Gym & Fitness Center (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,868
Businesses Nearby

Demographics for 07112, NJ

29,773
Population
11,779
Households
2.5
Avg Household Size
34
Median Age
18%
College-Educated
86%
High-School Grad
1.4 sq mi
ZIP Area
21,266
Density / Sq Mi
$55,171
Median Household Income
$35,709
Median Earnings
$1,334
Median Rent
$306,100
Median Home Value

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 - Turnkey renovated two-family home with updated interiors, separate utilities, and a large three-car garage on a corner lot.
Where is this duplex located?
The property is located at 53 Aldine Street Newark, NJ.
What is the asking price?
The asking price for this property is $624,999.
What are key features of this property?
This property features: Renovated two‑family home with two updated units plus a full basement; First‑floor unit has 2 bedrooms, a bright living room, and an eat‑in kitchen; updated with new hardwood flooring, kitchen/bath updates, and new windows; Second‑floor unit has 3 bedrooms, a living room, and updated eat‑in kitchen and bathroom
More about this property
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