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Two-Unit Duplex with Unfinished Basement
For Sale
$529,999

542 S 18Th St, Newark, NJ 07103

Multi-Family, Newark City, NJ

Property SizeContact for details
Lot Size0.06 Acres
Days on Market92

Property Features for 542 S 18Th St

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 6, Bedroom 4, Basement, Bedroom 3, Bedroom 1, Bedroom 5, Bedroom 2, Bathroom 1, Bathroom 2
Interior features Carbon Monoxide Detector
Directions 14th Ave. to South 18th St. or use gps
Standard status Active
Lot size 0.06 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 6002

Utilities

Sewer type Public Sewer
Heating system Forced Air
Water source Public

Building Details

Year built 1910
Number of units 2
Roof type Flat, Shingle
Listing Agency: REALTY ONE GROUP LIVING
Listed By: Roy Castro
Added: Jul 3 Changed: Sep 16 Last Checked: Oct 2 at 4:06PM
MLS# 4038391

Copyright © 2026 Garden State MLS, LLC. 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.

This two-unit duplex was built in 1910 and sits on a 0.06-acre lot. Each residence includes three bedrooms and one full bathroom. The first-floor unit is occupied, while the second-floor unit is vacant. An unfinished basement provides additional storage space, with any future use subject to municipal approvals.

The property has forced-air heating, a shingle and flat roof combination, and public water and sewer service. It is located near public transportation, schools, parks, shopping, and major highways. The sale is strictly as is, with the buyer responsible for obtaining the Certificate of Occupancy, completing required municipal inspections, and addressing lender-required repairs when applicable.

Key Highlights

  • Two‑unit duplex on a 0.06‑acre lot
  • Each unit has 3 bedrooms and 1 full bathroom
  • First‑floor residence occupied; second‑floor residence vacant

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency (Bike/Boat/Book/etc) Store Acupuncture Bakery Gym & Fitness Center

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

Location Intelligence

Trade Area within ½ mile

1,269
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
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Partially occupied duplex with a vacant second-floor unit and unfinished basement space.
Where is this duplex located?
The property is located at 542 S 18Th St Newark, NJ.
What is the asking price?
The asking price for this property is $529,999.
What are key features of this property?
This property features: Two‑unit duplex on a 0.06‑acre lot; Each unit has 3 bedrooms and 1 full bathroom; First‑floor residence occupied; second‑floor residence vacant
More about this property
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