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

58 Vermont Ave, Newark, NJ 07106

Two modern apartments feature hardwood floors, private bedroom suites, updated kitchens, and finished lower-level space.

Property SizeContact for details
Days on Market28

Property Features for 58 Vermont Ave

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Multi Family Home

Additional Details

Sprinkler System Yes
Multifamily Units 2

Amenities

Hardwood Floors
Central Air
Forced Hot Air
Recessed Lighting
Intercom Doorbell System
Wired for Electric Car Chargers
Vinyl Fenced in Backyard
Laundry Room

Building Details

Year Built 2026
Buildings 1
Units 2
Listing Agency: Neno-Rosa Agency
Listed By: Augusto Neno · License #243126
Source: Betterhomerealestate
Added: Aug 6 Changed: Aug 30 Last Checked: Aug 31 at 5:12PM

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 Neno-Rosa Agency

Investment Insights

Based on property information with market context.

Completed in 2026, this duplex contains two modern apartments with a practical residential layout. Each unit includes a primary bedroom suite with a walk-in closet and full bathroom, two additional bedrooms, a dining area, kitchen, and living room. Kitchens are equipped with granite countertops and stainless steel appliances, while hardwood flooring, recessed lighting, central air, and forced hot-air heating extend throughout the home.

The finished basement adds a bedroom or recreation room, laundry area, and half bathroom. Additional improvements include a built-in two-car garage, vinyl-enclosed backyard, sprinkler system, intercom doorbell, and wiring for electric vehicle chargers. The property is located in Newark’s Vailsburg section at 58 Vermont Ave, within walking distance of Vailsburg Park, which was renovated in 2023. A City of Newark five-year tax abatement is available to those who qualify.

Key Highlights

  • Two‑family duplex completed in 2026
  • Two apartments with primary suites, two additional bedrooms, dining areas, kitchens, and living rooms
  • Finished basement with bedroom/rec room, laundry room, and half bath

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Parking Lot & Garage (Bike/Boat/Book/etc) Store Carpet & Flooring Store

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
Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

1,260
Businesses Nearby

Demographics for 07106, NJ

34,596
Population
13,633
Households
2.5
Avg Household Size
35
Median Age
18%
College-Educated
85%
High-School Grad
1.4 sq mi
ZIP Area
24,711
Density / Sq Mi
$48,105
Median Household Income
$34,820
Median Earnings
$1,221
Median Rent
$321,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two modern apartments feature hardwood floors, private bedroom suites, updated kitchens, and finished lower-level space.
Where is this duplex located?
The property is located at 58 Vermont Ave 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‑family duplex completed in 2026; Two apartments with primary suites, two additional bedrooms, dining areas, kitchens, and living rooms; Finished basement with bedroom/rec room, laundry room, and half bath
More about this property
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