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Duplex with Detached Two-Car Garage
For Sale
$850,000
Pending

53 Garrison St, Newark, NJ 07105

Separate utilities, laundry facilities, and a finished basement support independent occupancy.

Property SizeContact for details
Days on Market24

Property Features for 53 Garrison St

General Information

Standard status Pending
Total Parking Spaces 2
Property subtype Multi Family

Site & Location

Highway Access Yes
Public Transit Yes
Utilities to Site Yes

Units

Unit Mix 1 x 2BR, 1 x 3BR
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $8,665

Amenities

laundry on each level
sunroom
full finished basement
updated kitchens and bathrooms
open front porch
yard with a dedicated gardening area

Building Details

Year Built 1928
Buildings 1
Stories 2
Units 2
Listing Agency: RE/MAX Innovation
Listed By: ALZIRA FARINHAS · License #9913826
Source: Elliman
Added: Sep 20 Changed: Oct 10 Last Checked: Oct 12 at 7:43PM

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 RE/MAX Innovation

Investment Insights

Based on property information with market context.

This 1928 duplex includes two distinct residential units with separate furnaces, gas meters, electric meters, and laundry facilities. The first-floor residence has an eat-in kitchen, living room, formal dining room, and two bedrooms. The second-floor unit provides an eat-in kitchen, living room, formal dining room, three bedrooms, a sunroom, and walk-up attic access. A full finished basement adds a summer kitchen, dining area, full bathroom, two additional rooms, recreation space, and separate entrances. Updated kitchens and bathrooms, mixed hardwood, linoleum, and tile flooring, an open front porch, a long driveway, and a detached two-car garage complete the property.

Located at 53 Garrison St in Newark’s Ironbound section, the home is near major highways, public transportation, shopping, and dining. WalkScore is 97, TransitScore is 75, and BikeScore is 64. The property is currently occupied by long-term tenants and may be delivered vacant at closing. It is being sold strictly AS IS.

Key Highlights

  • Two‑unit residential property built in 1928
  • Separate furnaces, gas meters, electric meters, and laundry for each unit
  • First‑floor unit has 2 bedrooms; second‑floor unit has 3 bedrooms and a sunroom

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Nursing Home Pet Grooming Service Tanning Salon Pet Store & 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
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

2,949
Businesses Nearby

Demographics for 07105, NJ

50,870
Population
20,608
Households
2.5
Avg Household Size
35
Median Age
15%
College-Educated
70%
High-School Grad
4.6 sq mi
ZIP Area
11,059
Density / Sq Mi
$55,752
Median Household Income
$33,175
Median Earnings
$1,600
Median Rent
$445,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Separate utilities, laundry facilities, and a finished basement support independent occupancy.
Where is this duplex located?
The property is located at 53 Garrison St Newark, NJ.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Two‑unit residential property built in 1928; Separate furnaces, gas meters, electric meters, and laundry for each unit; First‑floor unit has 2 bedrooms; second‑floor unit has 3 bedrooms and a sunroom
More about this property
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