Two-Family Property with
For Sale
$550,000
697 1/2 N 5th St, Newark, NJ 07107
Separate living spaces and an oversized basement provide storage and additional use potential subject to local regulations.
Property SizeContact for details
Days on Market25
Property Features for 697 1/2 N 5th St
General Information
Standard status
Active
Property subtype
Multi-Family
Additional Details
Public Transit
Yes
Multifamily Units
2
Building Details
Year Built
1962
Listing Agency:
THE THOMPSON REALTY GROUP
Listed By:
BRIDGET PAPINO
(862) 500-3510
Source:
Luminancerealty
Added: Aug 10
Changed: Aug 30
Last Checked: Sep 1 at 8:47PM
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 THE THOMPSON REALTY GROUP
Investment Insights
Based on property information with market context.
This two-family property contains separate living spaces within a residential income property built in 1962. An oversized basement adds substantial storage capacity and may support additional uses, subject to local regulations.
The property is located at 697 1/2 N 5th St in Newark’s North Ward, with access to public transportation and major highways. Schools, shopping, dining, houses of worship, and Branch Brook Park are also identified in the surrounding area. The configuration provides distinct residential areas within one building and may accommodate an owner-occupant or rental arrangement, consistent with applicable requirements.
The property is located at 697 1/2 N 5th St in Newark’s North Ward, with access to public transportation and major highways. Schools, shopping, dining, houses of worship, and Branch Brook Park are also identified in the surrounding area. The configuration provides distinct residential areas within one building and may accommodate an owner-occupant or rental arrangement, consistent with applicable requirements.
Key Highlights
- Two‑family property with separate living spaces
- Oversized basement for storage and potential additional use, subject to local regulations
- Built in 1962
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,459
Businesses Nearby
Explore this area
Business Placement
Demographics for 07107, NJ
41,627
Population
16,084
Households
2.6
Avg Household Size
33
Median Age
13%
College-Educated
77%
High-School Grad
1.6 sq mi
ZIP Area
26,017
Density / Sq Mi
$49,892
Median Household Income
$35,700
Median Earnings
$1,259
Median Rent
$353,300
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 - Separate living spaces and an oversized basement provide storage and additional use potential subject to local regulations.
Where is this duplex located?
The property is located at 697 1/2 N 5th St Newark, NJ.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Two‑family property with separate living spaces; Oversized basement for storage and potential additional use, subject to local regulations; Built in 1962
