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Two-Level Duplex with Finished Basement
New
For Sale
$650,000

55 Winthrop St, Newark, NJ 07104

Multi-family property with distinct living areas, a finished basement, backyard, and convenient access to Newark amenities.

Property Size1 SF
Price / SF$650,000
Days on Market2

Property Features for 55 Winthrop St

General Information

Standard status Active
Size 1 SF
Property subtype Multi-Family

Additional Details

Public Transit Yes

Amenities

backyard
laundry room
storage room

Building Details

Year Built 9999
Buildings 1
Stories 2
Listing Agency: RE/MAX PROFESSIONALS I
Listed By: CARMEN JIMENEZ · License #9911046
Source: Luminancerealty
Added: Sep 2 Changed: Sep 3 Last Checked: Sep 3 at 2:19AM

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 RE/MAX PROFESSIONALS I

Investment Insights

Based on property information with market context.

This two-level duplex includes separate living areas with distinct kitchens and bedrooms. The first-floor unit contains a living room, renovated kitchen, one bedroom, and one full bathroom. Upstairs, the second unit provides a living room, kitchen, three bedrooms, and one full bathroom.

A finished basement adds a laundry room and storage room. The property also includes a two-car garage, parking for 6 cars or more, and a backyard suited to outdoor gatherings. The home is located in Newark’s North Ward near schools, public transportation, shopping, and major roadways.

Key Highlights

  • Two‑level duplex with one‑bedroom and three‑bedroom living areas
  • First‑floor renovated kitchen
  • Finished basement with laundry and storage rooms

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Parking Lot & Garage Real Estate Agency (Bike/Boat/Book/etc) Store Locksmith Tattoo & Piercing Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,355
Businesses Nearby

Demographics for 07104, NJ

54,051
Population
21,762
Households
2.5
Avg Household Size
35
Median Age
21%
College-Educated
71%
High-School Grad
2.5 sq mi
ZIP Area
21,620
Density / Sq Mi
$51,199
Median Household Income
$36,139
Median Earnings
$1,343
Median Rent
$337,400
Median Home Value

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 - Multi-family property with distinct living areas, a finished basement, backyard, and convenient access to Newark amenities.
Where is this duplex located?
The property is located at 55 Winthrop St Newark, NJ.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Two‑level duplex with one‑bedroom and three‑bedroom living areas; First‑floor renovated kitchen; Finished basement with laundry and storage rooms
More about this property
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