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New 2-Family Homes for Sale in Newark, NJ
Brand-New 2-Family Homes in Newark from $830K
Jersey Shore Homes at Newark are brand-new, all-brick 2-family homes built by Manny Rosa Signature Homes and offered by Rosa Agency Realtors. Each home has two separate units, so you can live in one and rent the other, or rent both as an investment property. Prices start from $830K. Call 862-343-9033 for current availability.
Available 2-Family Models
Toms River Model at 23 Oraton St, Newark, NJ: 6 bedrooms, 5 baths, 1-car garage and 4,356 sq ft of gross living area.
Ortley Beach Model at 141 Wakeman Ave, Newark, NJ: 6 bedrooms, 4.5 baths, 1-car garage and 3,900 sq ft of gross living area.
Why Buy a New 2-Family Home in Newark?
Rental income: a 3-bedroom, 2-bath unit with a garage typically rents for $2,600 to $2,900 per month, which can help cover your mortgage.
Low down payment: with an FHA loan, qualified buyers with a credit score of 620 or higher can put down as little as 3.5% when they live in one of the units.
Tax savings: eligible new construction can qualify for the City of Newark's 5-year tax abatement, and the benefit transfers to a new owner if you sell during the abatement period.
Built to last: every home includes a 2-10 year warranty and more than 50 standard upgrades, including an all-brick front, Red Oak hardwood floors, granite countertops and stainless steel appliances.
Location: Newark Penn Station offers NJ Transit and PATH train service to New York City, with quick access to major highways and Newark Liberty International Airport.
How to Buy Your New 2-Family Home
1. Get pre-qualified with a lender (credit score of 620 or higher).
2. Share your pre-qualification letter with us so we can show you all available homes in your price range.
3. Tour the homes in person or explore our 3D virtual tours.
4. Sign your contract. Homes are typically completed about 6 months after the foundation is laid, and many sell before completion.
Learn More
Read our Newark New Construction FAQ and Buyer Q&A for details on pricing, financing and the tax abatement. Need more space? Our 3-family homes start from $1.1M. Call 862-343-9033 to schedule a tour.