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697 N 5Th St, Newark, NJ, 07107
Two-Family Residential Income Property

697 N 5Th St Newark, NJ 07107

For Sale
$575,000

Two separate living spaces plus an oversized basement provide storage and possible additional space, subject to local regulations.

Days on Market40

Property Features for 697 N 5Th St

General Information

Standard status
Active
Property subtype
Multi Family

Building Details

Year Built
1962
Listing Agency: THE THOMPSON REALTY GROUP
Listed By: BRIDGET PAPINO
Source: Elliman
Added: Jun 15 Changed: Jul 21 Last Checked: Jul 23 at 10:55AM

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 residential income property offers separate living spaces, providing flexibility for owner-occupants or investors seeking rental income. The home also includes an oversized basement, offering ample storage and the potential for additional use, subject to local regulations.

The property is located in Newark’s North Ward and is described as being conveniently near public transportation, major highways, schools, shopping, dining, houses of worship, and Branch Brook Park.

With its two distinct units and substantial basement space, the layout is suited to households looking for separation between living areas while retaining the benefit of extra below-grade storage.

Key Highlights

  • Two‑family property with year built 1962
  • Separate living spaces—set up for rental income with two distinct units
  • Oversized basement offers ample storage and potential for additional use, subject to local regulations

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm Parking Lot & Garage (Bike/Boat/Book/etc) Store Veterinary Clinic Furniture & Home Goods Gym & Fitness Center Tech Support Center Computer & Electronic Repair Pet Grooming Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two separate living spaces plus an oversized basement provide storage and possible additional space, subject to local regulations.
Where is this duplex located?
The property is located at 697 N 5Th St Newark, NJ.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Two‑family property with year built 1962; Separate living spaces—set up for rental income with two distinct units; Oversized basement offers ample storage and potential for additional use, subject to local regulations
More about this property
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