Renovated
596 S 19th St, Newark, NJ 07103
For Sale
$599,999
Two separate residences provide a three-bedroom layout in each unit, with different bath configurations.
Property Size2,022 SF
Price / SF$296.74
Days on Market92
Property Features for 596 S 19th St
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Amenities
detached two-car garage
off-street parking
large unfinished basement
Carbon Monoxide Detector
Fire Extinguisher
See Remarks
Smoke Detector
Walk-In Closet
Open Porch(es)
Patio
Building Details
Building Size
Year Built
Year Renovated
Units
Listing Agency:
Realty Of America
(833) 256-4244
Listed By:
Derek Hernandez
Source:
Arcadiarealtors
Added: Aug 10
Changed: Nov 8
Last Checked: Nov 8 at 8:51AM
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 Realty Of America
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Investment Insights
Based on property information with market context.
This duplex, built in 1927 and renovated in 2016, contains two units with a combined six bedrooms and three full bathrooms. One residence has three bedrooms and one bathroom; the other has three bedrooms and two bathrooms. A detached two-car garage, additional off-street parking, and a large unfinished basement are also part of the property.
The property is located at 596 S 19th St in Newark’s South Ward.
The property is located at 596 S 19th St in Newark’s South Ward.
Key Highlights
- Two units with 3 bedrooms each and 3 full baths combined
- One unit has 3 bedrooms and 1 bath; the other has 3 bedrooms and 2 baths
- Detached two‑car garage plus additional off‑street parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,407
Cap Rate
6.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$808,140
$808.1K
Cap Rate 7%
$577,243
$577.2K
Cap Rate 9%
$448,967
$449.0K
Market Conditions
NOI Build-Up for 2,022 SF
Gross rent
$60.7K $30.00/SF
− Vacancy
−$2.9K −$1.45/SF
EGI
$57.7K $28.55/SF
− OpEx
−$17.3K −$8.56/SF
NOI
$40.4K $19.98/SF
Area
ZIP 07103
Vacancy
4.84%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$808,140
Cap Rate 7%
$577,243
Cap Rate 9%
$448,967
Alternative Uses
Best Use
Multifamily LT 5
$577.2K
$505.1K – $673.5K
NOI $40,407 @ 7.0% cap · market cap 6.73%
Second Best
Apartment 5plus
$524.7K
$459.1K – $612.1K
NOI $36,727 @ 7.0% cap · market cap 6.12%
Theoretical Best
Office A
$723.2K
$632.8K – $843.7K
NOI $50,624 @ 7.0% cap · market cap 8.44%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,405
Businesses Nearby
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Business Placement
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
$259,300
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Newark, NJ
Properties on Market for Duplexes in Newark
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences provide a three-bedroom layout in each unit, with different bath configurations.
Where is this duplex located?
The property is located at 596 S 19th St Newark, NJ.
What is the asking price?
The asking price for this property is $599,999.
What are key features of this property?
This property features: Two units with 3 bedrooms each and 3 full baths combined; One unit has 3 bedrooms and 1 bath; the other has 3 bedrooms and 2 baths; Detached two‑car garage plus additional off‑street parking
