New-Construction
New
For Sale
$850,000
58 Vermont Ave, Newark, NJ 07106
MULTI_FAMILY - Newark City, NJ
Property SizeContact for details
Lot Size0.06 Acres
Days on Market6
Property Features for 58 Vermont Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Property condition
Under Construction
Bedrooms
7
Bathrooms
5
Full bathrooms
4
Half bathrooms
1
Rooms
Bedroom 7, Bathroom 5, Basement, Bathroom 1, Bathroom 3, Bedroom 6, Bathroom 2, Bathroom 4, Bedroom 5, Bedroom 2, Bedroom 4, Bedroom 1, Bedroom 3
Parking
2
Interior features
Carbon Monoxide Detector, High Ceilings, Intercom, Smoke Detector, Tile Floors, Walk-In Closet, Wood Floors
Exterior features
Sidewalk, FencVnyl
Fencing
Fenced
Subdivision
Vailsburg
Lot features
Level Lot
Directions
Between South Orange Ave and Riccord St
Standard status
Active
Lot size
0.06 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
987
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Amenities
central air
forced hot air
recessed lighting
intercom doorbell system
wired for electric car chargers
vinyl fenced backyard
hardwood floors
Building Details
Year built
2026
Floors in Building
3
Number of units
2
Roof type
Metal, Shingle
Architectural style
Other
Listing Agency:
NENO-ROSA AGENCY
(201) 997-7860
Listed By:
AUGUSTO NENO · License #243126
(201) 997-7860
Added: Aug 6
Last Checked: Aug 11 at 6:06AM
MLS# 4045284
Copyright © 2026 Garden State MLS, LLC. 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 duplex is under construction with two apartments designed around three-bedroom layouts, dining areas, living rooms, modern kitchens, and primary bedroom suites with walk-in closets and full baths. Granite countertops, stainless steel appliances, hardwood floors, recessed lighting, central air, and forced-air heating are included. The finished basement adds a bedroom or recreation room, laundry room, and half bath. A built-in two-car garage, vinyl-fenced backyard, intercom doorbell system, sprinkler system, and wiring for electric vehicle chargers round out the property. The site measures 0.06 acres and is served by public water and public sewer.
The property is located in Newark’s Vailsburg section at 58 Vermont Ave, with sidewalks and a short walk to Vailsburg Park, which underwent an $11 million renovation in 2023. A five-year City of Newark tax abatement may be available to qualifying owners.
The property is located in Newark’s Vailsburg section at 58 Vermont Ave, with sidewalks and a short walk to Vailsburg Park, which underwent an $11 million renovation in 2023. A five-year City of Newark tax abatement may be available to qualifying owners.
Key Highlights
- Two apartments with three‑bedroom layouts and primary suites
- Under construction with 2026 year built
- Finished basement with bedroom/recreation room, laundry room, and half bath
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
1,240
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-apartment residence with finished basement, two-car garage, fenced yard, and contemporary interior finishes.
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 apartments with three‑bedroom layouts and primary suites; Under construction with 2026 year built; Finished basement with bedroom/recreation room, laundry room, and half bath
