Two-Unit Duplex with Private
For Sale
$899,000
88 Garside St, Newark, NJ 07104
New construction provides a three-bedroom layout in each residence, with a recreation room in one unit.
Property Size3,606 SF
Price / SF$249.31
Days on Market10
Property Features for 88 Garside St
General Information
Standard status
Active
Size
3,606 SF
Total Parking Spaces
2
Property subtype
Multi Family Home
Units
Unit Mix
1 x 3BR/3BA, 1 x 3BR/2BA
Multifamily Units
2
Amenities
recreation room
Carbon Monoxide Detector
Smoke Detector
Building Details
Building Size
3,606 SF
Year Built
2026
Units
2
Listing Agency:
Prestige Property Group Montclair
(973) 860-7595
Listed By:
Heri Calcano · License #311587
(866) 201-6210
Source:
Krumpfer-realestate
Added: Oct 13
Changed: Oct 22
Last Checked: Oct 22 at 2:27PM
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 Prestige Property Group Montclair
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 2026, this two-unit duplex contains 3,606 square feet. Both residences have three bedrooms, with different bath counts and layouts. One unit includes three bathrooms and a recreation room on the ground floor; the other has two bathrooms. Each residence also has its own private garage space.
Key Highlights
- Two residences, each with 3 bedrooms
- One unit has 3 baths and a ground‑floor recreation room
- Second unit includes 2 baths
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$61,396
Cap Rate
6.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,227,920
$1.2M
Cap Rate 7%
$877,086
$877.1K
Cap Rate 9%
$682,178
$682.2K
Market Conditions
NOI Build-Up for 3,606 SF
Gross rent
$92.2K $25.56/SF
− Vacancy
−$4.5K −$1.24/SF
EGI
$87.7K $24.32/SF
− OpEx
−$26.3K −$7.30/SF
NOI
$61.4K $17.03/SF
Area
ZIP 07104
Vacancy
4.84%
Lease Rate
$25.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,227,920
Cap Rate 7%
$877,086
Cap Rate 9%
$682,178
Alternative Uses
Best Use
Multifamily LT 5
$877.1K
$767.5K – $1.02M
NOI $61,396 @ 7.0% cap · market cap 6.83%
Second Best
Apartment 5plus
$806.6K
$705.8K – $941.1K
NOI $56,465 @ 7.0% cap · market cap 6.28%
Theoretical Best
Office A
$1.14M
$998.1K – $1.33M
NOI $79,844 @ 7.0% cap · market cap 8.88%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,962
Businesses Nearby
Explore this area
Business Placement
Demographics for 07104, NJ
54,051
Population
21,762
Households
2.5
Avg Household Size
35
Median Age
21%
College-Educated
71%
High-School Grad
2.5 sq mi
ZIP Area
21,620
Density / Sq Mi
$51,199
Median Household Income
$36,139
Median Earnings
$1,343
Median Rent
$337,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - New construction provides a three-bedroom layout in each residence, with a recreation room in one unit.
Where is this duplex located?
The property is located at 88 Garside St Newark, NJ.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Two residences, each with 3 bedrooms; One unit has 3 baths and a ground‑floor recreation room; Second unit includes 2 baths
