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Two-Unit Duplex
For Sale
$500,000

576 13th Ave, Newark, NJ 07103

Each residence has its own gas and electric utilities.

Property SizeContact for details
Days on Market77

Property Features for 576 13th Ave

General Information

Standard status Active
Property subtype Multi Family Home
Net Operating Income $32,084

Site & Location

Neighborhood Fairmount
Public Transit Yes
Utilities to Site Yes

Units

Multifamily Units 2
Individually Metered Utilities gas, electricity

Additional Details

Tenant in Place Yes

Building Details

Year Built 1935
Units 2
Listing Agency: Keller Williams Mid-Town Direct
Listed By: Solomon Birnbaum
Source: Culturaunitedrealty
Added: Aug 9 Changed: Oct 23 Last Checked: Oct 23 at 4:05PM

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 Keller Williams Mid-Town Direct

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Investment Insights

Based on property information with market context.

Built in 1935, this legal two-family property has one residence on each floor. The first-floor unit is vacant, while the second-floor unit is occupied and may be delivered vacant by request. Gas and electric utilities are separate for the two units. The property is offered as-is.

Public transportation, schools, shopping, parks, and major highways are in the surrounding area. The buyer is responsible for obtaining any required municipal certifications and for independent review of zoning, permits, room dimensions, and property use.

Key Highlights

  • Legal two‑family property with first‑floor vacancy and an occupied second‑floor unit
  • Separate gas and electric utilities for each residence
  • Second‑floor unit may be delivered vacant by request

Property Analytics

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Lease Details

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,111
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 - Each residence has its own gas and electric utilities.
Where is this duplex located?
The property is located at 576 13th Ave Newark, NJ.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Legal two‑family property with first‑floor vacancy and an occupied second‑floor unit; Separate gas and electric utilities for each residence; Second‑floor unit may be delivered vacant by request
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