$599,000

103 Mount Vernon Place Unit 107 Newark, NJ 07106

Ivy Hill Neighborhood

Estimated payment $3,808/month

Total Views 1,006
4 Beds
2.5 Baths
2,860 Sq Ft
$209 Price per Sq Ft

Highlights

  • Corner Lot
  • Private Driveway
  • 5-minute walk to Ivy Hill Park
  • 2 Car Attached Garage
  • Fenced

About This Home

Corner Lot Brick Two-Family. Two-Story home on a prime corner lot in desirable Upper Vailsburg. This property could be your cash-flow powerhouse with huge rental income potential from its spacious apartments, each with separate utilities. Includes a full basement, laundry area, and a 2-car attached garage. Convenient location near parks, schools, and transportation. Perfect for an investor or an owner-occupant looking to generate passive income!

Listing Agent

Pamela Rose

BHHS FOX & ROACH Brokerage Phone: 862-596-9212 Listed on: 12/09/2025

BHHS FOX & ROACH

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,925

Year Built

  • Built in 1962

Lot Details

  • 6,534 Sq Ft Lot
  • Fenced
  • Corner Lot

Parking

  • 2 Car Attached Garage
  • Private Driveway

Home Design

  • Brick Exterior Construction
  • Composition Shingle Roof

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Window Unit Cooling System
  • Multiple Heating Units
  • Radiator
  • Underground Utilities
  • Standard Electricity
  • Gas Water Heater

Additional Features

  • Finished Basement

Community Details

  • 2,860 Sq Ft Building

Listing and Financial Details

  • Assessor Parcel Number 1614-04148-0001-00026-0000-

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,925

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Unit Style: 2-Two Story
  • Year Built: 1962
  • Year Built Description: Approximate
  • County Name: Essex
  • Directions: At the Corner of Mount Vernon Place and Norman Road. ADDRESS on the house is 94-95 NORMAN ROAD
  • I D: 5400975
  • Section Subdiv Development: Vailsburg
  • Attribution Contact: 862-596-9212
  • MLS Status: Active
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Carbon Monoxide Detector, Carpeting, Smoke Detector
  • Bedrooms: 4
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished

Exterior Features

  • Exterior Description: Brick
  • Exterior Features: Curbs, Metal Fence, Partially Fenced, Sidewalk
  • Roof Description: Composition Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 2
  • Parking Driveway Description: Blacktop, Driveway-Exclusive

Utilities

  • Cooling: Window A/C(s)
  • Fuel Type: Gas-Natural
  • Heating: 2 Units, Radiators - Hot Water
  • Sewer: Public Sewer
  • Utilities: All Underground, Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Lot Size: 65X100
  • Lot Description: Corner
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.15

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 7925
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1614-04148-0001-00026-0000-
  • Tax Rate Amount: 3.803
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2024

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,769 $208,400 $37,500 $170,900
2024 $7,769 $208,400 $37,500 $170,900
2022 $7,786 $208,400 $37,500 $170,900
2021 $7,782 $208,400 $37,500 $170,900
2020 $7,919 $208,400 $37,500 $170,900
2019 $7,838 $208,400 $37,500 $170,900
2018 $7,696 $208,400 $37,500 $170,900
2017 $7,419 $208,400 $37,500 $170,900
2016 $7,169 $208,400 $37,500 $170,900
2015 $6,896 $208,400 $37,500 $170,900
2014 $6,462 $208,400 $37,500 $170,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2025 12/18/25 For Sale $599,000 -- $209 / Sq Ft
Source: Garden State MLS

Purchase History

Date Type Sale Price Title Company
Deed -- --
Source: Public Records

Source: Garden State MLS

MLS Number: 4001091

Garden State MLS

APN: 14-04148-01-00026

New Jersey Essex County Newark 07106 Ivy Hill

103 Mount Vernon Place Unit 107, Newark, NJ

For Sale

MultiFamily

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Pamela Rose
Listing Agent
Pamela Rose
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BHHS FOX & ROACH
(201) 989-0523