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

55 Garrison Street, Newark, NJ 07105

2-4 Family, Newark, NJ

Property SizeContact for details
Days on Market13

Property Features for 55 Garrison Street

General Information

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

Utilities

Cooling system None (Cooling)

Amenities

open front porch
laundry rooms
yard
sunroom
Listing Agency: RE/MAX Innovation · RE/MAX International
Listed By: Susan Marcrie · License #0678430
Added: Sep 20 Changed: Sep 30 Last Checked: Oct 2 at 4:06PM
MLS# 26035763

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.

This Newark duplex includes two separate residential units with distinct kitchens, living areas, dining rooms, and bedroom accommodations. The first-floor unit has two bedrooms, while the second-floor unit has three bedrooms, a sunroom, and walk-up attic access. Both levels include laundry rooms, and the property has separate furnaces plus individual gas and electric meters; water is the only shared utility. Updated kitchens and bathrooms complement hardwood, linoleum, and tile flooring throughout the home.

The finished basement adds a summer kitchen, dining area, full bathroom, two additional rooms, recreation space, and separate entrances. Exterior features include an open front porch, tiled facade, long driveway, detached two-car garage, and yard with a designated gardening area. The property is currently occupied by long-term tenants and may be delivered vacant at closing.

Key Highlights

  • Two‑unit layout with 2 bedrooms on the first floor and 3 bedrooms on the second floor
  • Separate furnaces and individual gas and electric meters; water is shared
  • Finished basement with summer kitchen, full bathroom, recreation space, and separate entrances

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
Multi-tenant
Tenancy
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
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-story duplex with separate utilities, finished lower-level space, laundry rooms, and a dedicated garden area.
Where is this duplex located?
The property is located at 55 Garrison Street 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 layout with 2 bedrooms on the first floor and 3 bedrooms on the second floor; Separate furnaces and individual gas and electric meters; water is shared; Finished basement with summer kitchen, full bathroom, recreation space, and separate entrances
More about this property
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