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Two-Unit Duplex Property
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87 2nd Street, Newark, NJ 07107

Includes a renovated three-bedroom apartment and a five-bedroom duplex across the upper floors.

Property SizeContact for details
Days on Market24

Property Features for 87 2nd Street

General Information

Standard status Active
Property subtype Multi Family 2-4 Units

Site & Location

Highway Access Yes
Public Transit Yes

Units

Unit Mix 1 x 3BR/1BA, 1 x 5BR/2BA
Multifamily Units 2
Listing Agency: Jersey Blue Estates
Listed By: Cherise Raymond
Source: Capmarkrealty
Added: Sep 20 Changed: Oct 1 Last Checked: Oct 12 at 4:53PM

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 Jersey Blue Estates

Investment Insights

Based on property information with market context.

This two-unit residential property includes a three-bedroom, one-bath apartment on the first floor and a five-bedroom, two-bath duplex occupying the second and third floors. The lower unit features a newer kitchen, updated bathroom, refreshed flooring, interior paint, and updated fixtures. The upper residence offers a multi-level layout with generously sized rooms and abundant natural light.

Located at 87 2nd Street in Newark’s Lower Roseville area, the property is near Broad Street Station, Routes 280 and 21, and the city’s retail and dining corridor. The separate unit configuration provides flexibility for an owner-occupant or investor seeking a multifamily residence with two distinct living spaces.

Key Highlights

  • Two residential units with a 3‑bedroom, 1‑bath first‑floor apartment
  • 5‑bedroom, 2‑bath duplex spans the second and third floors
  • First‑floor unit includes a newer kitchen and updated bathroom

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Carpet & Flooring Store Pet Grooming Service Pet Store (Bike/Boat/Book/etc) Store Computer & Electronic Repair

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
Highway access

Location Intelligence

Trade Area within ½ mile

2,782
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Includes a renovated three-bedroom apartment and a five-bedroom duplex across the upper floors.
Where is this duplex located?
The property is located at 87 2nd Street Newark, NJ.
What are key features of this property?
This property features: Two residential units with a 3‑bedroom, 1‑bath first‑floor apartment; 5‑bedroom, 2‑bath duplex spans the second and third floors; First‑floor unit includes a newer kitchen and updated bathroom
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