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Two-Unit Duplex with Basement
For Sale
$499,000

544 South 11th Street, Newark, NJ 07103

Fully vacant property with separate heating systems serving each apartment.

Property SizeContact for details
Days on Market239

Property Features for 544 South 11th Street

General Information

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

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $5,358

Amenities

Yes
Flat
Full, Unfinished
Vinyl Siding

Building Details

Year Built 1895
Buildings 1
Listing Agency: IMPROOV HOMES
Listed By: ROI VANA · License #307109
Source: Compass
Added: Jan 3 Changed: Aug 29 Last Checked: Aug 29 at 11:09PM

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 IMPROOV HOMES

Investment Insights

Based on property information with market context.

Built in 1895, this two-unit duplex contains matching apartments, each with 2 bedrooms, 1 full bathroom, living space, a kitchen, and hardwood flooring. Updated finishes are present throughout, while the kitchens include stove appliances and cabinet storage. Vinyl siding covers the exterior.

The property is fully vacant. A full, unfinished basement provides additional storage, and each apartment has its own forced hot air heating system with a dedicated heating unit. The separate systems and vacant status provide a clear physical configuration for occupancy or leasing.

Key Highlights

  • Two apartments, each with 2 bedrooms and 1 full bathroom
  • Fully vacant two‑unit property
  • Separate forced hot air heating systems and dedicated heating units for each apartment

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Acupuncture (Bike/Boat/Book/etc) Store Travel Agency Skin Care Clinic

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

Location Intelligence

Trade Area within ½ mile

1,518
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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Fully vacant property with separate heating systems serving each apartment.
Where is this duplex located?
The property is located at 544 South 11th Street Newark, NJ.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Two apartments, each with 2 bedrooms and 1 full bathroom; Fully vacant two‑unit property; Separate forced hot air heating systems and dedicated heating units for each apartment
More about this property
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