Two-Family Residential Income
For Sale
$700,000
Pending
56 Vincent Street, Newark, NJ 07105
Two separate units offer flexible living arrangements with a private backyard for outdoor use.
Property SizeContact for details
Days on Market96
Property Features for 56 Vincent Street
General Information
Standard status
Pending
Property subtype
Multi Family
Additional Details
Highway Access
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$8,397
Amenities
5
3
3.0
15
Vinyl Siding
Building Details
Year Built
2001
Tenancy
Multi
Listing Agency:
REAL
Listed By:
DARY M ORTEGA · License #307078
(855) 450-0442
Source:
Compass
Added: Jun 2
Changed: Aug 8
Last Checked: Jul 24 at 1:39PM
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 REAL
Investment Insights
Based on property information with market context.
This well-maintained two-family home features two separate living units with independent layouts. Unit 1 includes three spacious bedrooms and two full bathrooms, along with comfortable living and dining areas. Unit 2 offers two bedrooms and one full bathroom with a functional layout suitable for either tenancy or owner use. The property also includes a private backyard with an above-ground pool, providing an outdoor area for relaxation and entertaining.
Located in Newark’s North Ironbound section, the property offers convenience to everyday needs. Public remarks indicate proximity to shopping, dining, schools, and public transportation, along with access to major highways and Newark Liberty International Airport. The home is being sold as-is.
For buyers seeking an owner-occupant setup, the separate unit configuration can support one household living in one unit while renting the other. For investors, the two-family structure provides two distinct residences within one property. The combination of separate living spaces and on-site outdoor amenities may appeal to tenants looking for practical layouts, as well as owner-occupants who value additional private outdoor space. Because the property is sold as-is, buyers should plan accordingly during due diligence.
Located in Newark’s North Ironbound section, the property offers convenience to everyday needs. Public remarks indicate proximity to shopping, dining, schools, and public transportation, along with access to major highways and Newark Liberty International Airport. The home is being sold as-is.
For buyers seeking an owner-occupant setup, the separate unit configuration can support one household living in one unit while renting the other. For investors, the two-family structure provides two distinct residences within one property. The combination of separate living spaces and on-site outdoor amenities may appeal to tenants looking for practical layouts, as well as owner-occupants who value additional private outdoor space. Because the property is sold as-is, buyers should plan accordingly during due diligence.
Key Highlights
- Two‑family home built in 2001 in Newark’s North Ironbound section
- Unit 1: 3 bedrooms and 2 full baths with living and dining areas
- Unit 2: 2 bedrooms and 1 full bath with a functional layout
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
883
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two separate units offer flexible living arrangements with a private backyard for outdoor use.
Where is this duplex located?
The property is located at 56 Vincent Street Newark, NJ.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Two‑family home built in 2001 in Newark’s North Ironbound section; Unit 1: 3 bedrooms and 2 full baths with living and dining areas; Unit 2: 2 bedrooms and 1 full bath with a functional layout
