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Two-Unit Duplex with Basement
For Sale
$499,900
Pending

544 South 11th Street, Newark, NJ 07103

Fully vacant property with separate heating systems serving each apartment.

Property SizeContact for details
Days on Market227

Property Features for 544 South 11th Street

General Information

Standard status Pending
Property subtype Multi Family

Site & Location

Neighborhood West Side

Units

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

Taxes and HOA fees

Annual Taxes $5,634

Amenities

4
2
2.0
6
Vinyl Siding

Building Details

Year Built 1895
Buildings 1
Listing Agency: IMPROOV HOMES
Listed By: IMBAR MEIDANI · License #281874
Source: Compass
Added: Mar 13 Changed: Oct 18 Last Checked: Oct 24 at 8:02PM

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

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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

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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
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

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 $499,900.
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
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