$799,900

Estimated payment $5,221/month

7 Beds
5 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Wood Flooring
  • 2 Car Attached Garage
  • Outdoor Grill
  • Shades
  • Walk-In Closet
  • Forced Air Heating and Cooling System

About This Home

Welcome to 109 Palm St, Newark, a spacious and modern 2-family home offering 7 bedrooms and 5 full bathrooms across two well-appointed unit with a finished basement. Built in 2018, the property features central air, forced hot-air heating, hardwood floors, stainless-steel appliances, granite countertops, balconies, and a 2-car built-in garage. The first floor will be delivered vacant, offering added flexibility for an owner-occupant or investor. A fantastic opportunity to own a newer multifamily property in a convenient Newark location.

Listing Agent

ANTHONY TORRES

RE/MAX SELECT Brokerage Phone: 973-739-8008 Listed on: 09/01/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,953

Year Built

  • Built in 2018

Lot Details

  • 2,614 Sq Ft Lot
  • Vinyl Fence

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof

Interior Spaces

  • Shades
  • Blinds
  • Finished Basement

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Walk-In Closet
  • 5 Full Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Grill

Utilities

  • Forced Air Heating and Cooling System
  • Multiple Heating Units

Community Details

  • Net Operating Income $9,999

Listing and Financial Details

  • Assessor Parcel Number 1614-04198-0000-00020-0000-

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,953

Year Built

Built in 2018

Lot Details

2,614 Sq Ft Lot

Parking

2

Listing Details

  • Unit Style: 3-Three Story
  • Year Built: 2018
  • Year Built Description: Approximate
  • County Name: Essex
  • Directions: Use Google Maps
  • I D: 5457410
  • Attribution Contact: 973-739-8008
  • MLS Status: Active
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2018

Interior Features

  • Interior Amenities: Blinds, Carbon Monoxide Detector, Fire Extinguisher, Shades, Smoke Detector, Tile Floors, Walk-In Closet, Wood Floors
  • Bedrooms: 7
  • Total Bathrooms: 5
  • Total Full Bathrooms: 5
  • Basement: Yes
  • Basement Description: Finished

Exterior Features

  • Exterior Description: Brick
  • Exterior Features: Barbeque, FencVnyl
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Built-In Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 2
  • Parking Driveway Description: 2 Car Width, Blacktop

Utilities

  • Cooling: Central Air
  • Fuel Type: Gas-Natural
  • Heating: 2 Units, Forced Hot Air
  • Sewer: Public Sewer
  • Water: Public Water

Lot Info

  • Lot Size: 25X100
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.06

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 9953
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1614-04198-0000-00020-0000-
  • Tax Rate Amount: 3.999
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2025

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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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $9,954 $248,900 $16,300 $232,600
2025 $9,954 $248,900 $16,300 $232,600
2024 -- $248,900 $16,300 $232,600
2022 -- $248,900 $16,300 $232,600
2021 $0 $248,900 $16,300 $232,600
2020 $0 $248,900 $16,300 $232,600
2019 $2,588 $248,900 $16,300 $232,600
2018 $577 $16,300 $16,300 $0
2017 $580 $16,300 $16,300 $0
2016 $561 $16,300 $16,300 $0
2015 $539 $16,300 $16,300 $0
2014 $505 $16,300 $16,300 $0
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/01/2026 09/01/26 For Sale $799,900 +21.2% --
08/08/2022 08/08/22 Sold $660,000 -1.5% -- View Prior Sale
05/24/2022 05/24/22 Pending -- -- --
05/09/2022 05/09/22 For Sale $669,900 +65.8% --
06/29/2018 06/29/18 Sold $404,000 -1.4% -- View Prior Sale
02/06/2018 02/06/18 Pending -- -- --
09/27/2017 09/27/17 For Sale $409,900 +1313.4% --
08/07/2017 08/07/17 Sold $29,000 -40.8% -- View Prior Sale
04/14/2017 04/14/17 Pending -- -- --
03/29/2016 03/29/16 For Sale $49,000 -- --
Source: Garden State MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Deed $660,000 Foundation Title
Deed $29,000 Fidelity National Title Insu
Deed $135,000 --
Deed $120,000 --
Deed $40,000 --
Deed $140,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $648,045 FHA
Source: Public Records

Source: Garden State MLS

MLS Number: 4049834

Garden State MLS

APN: 14-04198-0000-00020

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