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New Construction Duplex
New
For Sale
$899,000

54 Pennsylvania Avenue, Newark, NJ 07114

2-4 Family, Newark, NJ

Property SizeContact for details
Days on Market4

Property Features for 54 Pennsylvania Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Property condition Under Construction
Bedrooms 6
Bathrooms 5
Full bathrooms 4
Half bathrooms 1
Rooms Bedroom 5, Bedroom 3, Basement, Bathroom 5, Bedroom 2, Bedroom 6, Bathroom 1, Bedroom 1, Bathroom 4, Bathroom 3, Bedroom 4, Bathroom 2
Subdivision Newark
Standard status Active

Utilities

Cooling system Central Air
Listing Agency: Keller Williams City Views Realty · Keller Williams Realty
Listed By: Farhan Yousufi · License #281797
Added: Sep 29 Last Checked: Oct 2 at 3:06PM
MLS# 26036840

Copyright © 2026 New Jersey MLS Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Under construction in Newark, this duplex is planned as two residences, each with three bedrooms, two full bathrooms, a private primary suite, and its own laundry area. Central air is listed for the property. Interior specifications include quartz countertops and premium cabinetry, with two kitchen design options described. The ground level includes a half bathroom, a large open area, a side entrance, and access to the garage.

Each residence is slated to have a separate, fenced backyard. The property is described as qualifying for a five-year tax abatement. Its planned six-bedroom configuration and four full bathrooms plus one half bathroom serve as the core of the offering.

Key Highlights

  • Two residences with 3 bedrooms and 2 full bathrooms apiece
  • Private primary suite and dedicated laundry area in each residence
  • Quartz countertops and premium cabinetry; two kitchen design options

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Nursing Home Tanning Salon Pet Grooming Service Florist 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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,364
Businesses Nearby

Demographics for 07114, NJ

17,767
Population
4,694
Households
3.8
Avg Household Size
39
Median Age
9%
College-Educated
69%
High-School Grad
7.9 sq mi
ZIP Area
2,249
Density / Sq Mi
$34,167
Median Household Income
$35,916
Median Earnings
$616
Median Rent
$384,700
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 - Two three-bedroom residences include private primary suites, dedicated laundry areas, and fenced outdoor space.
Where is this duplex located?
The property is located at 54 Pennsylvania Avenue Newark, NJ.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Two residences with 3 bedrooms and 2 full bathrooms apiece; Private primary suite and dedicated laundry area in each residence; Quartz countertops and premium cabinetry; two kitchen design options
More about this property
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