Estimated payment $3,891/month
Spacious Multifamily Property in the Heart of Newark Don't miss this incredible opportunity to own a large multifamily home situated on an oversized 50 x 130 lot with parking for up to six cars a rare find in the area. This property is perfect for both investors and homeowners, offering tons of potential with the right vision. One unit, currently owner-occupied, will be delivered vacant at closing. The first and third-floor tenants are month-to-month, providing added flexibility for occupancy or rental adjustments. Located in a desirable Newark neighborhood, close to public transportation, shopping, and local amenities. Come take a look and see everything this unique property has to offer.
Listing Agent
WEICHERT RLTRS TEN-CRESKL Brokerage Phone: 201-923-8834 Listed on: 07/26/2025
| 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 | $5,786 | $155,200 | $30,800 | $124,400 |
| 2024 | $5,786 | $155,200 | $30,800 | $124,400 |
| 2022 | $5,798 | $155,200 | $30,800 | $124,400 |
| 2021 | $5,795 | $155,200 | $30,800 | $124,400 |
| 2020 | $5,898 | $155,200 | $30,800 | $124,400 |
| 2019 | $5,837 | $155,200 | $30,800 | $124,400 |
| 2018 | $5,732 | $155,200 | $30,800 | $124,400 |
| 2017 | $5,525 | $155,200 | $30,800 | $124,400 |
| 2016 | $5,339 | $155,200 | $30,800 | $124,400 |
| 2015 | $5,136 | $155,200 | $30,800 | $124,400 |
| 2014 | $4,813 | $155,200 | $30,800 | $124,400 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/26/2025 07/26/25 | For Sale | $625,000 | -- | -- |
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $265,265 | -- | |
| Quit Claim Deed | $265,300 | -- | |
| Deed | $180,000 | -- | |
| Deed | $60,000 | -- | |
| Deed | $60,000 | -- | |
| Quit Claim Deed | $149,000 | -- |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $258,000 | New Conventional | |
| Closed | $238,500 | Adjustable Rate Mortgage/ARM | |
| Closed | $238,500 | No Value Available | |
| Previous Owner | $178,578 | FHA |
$589,000
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Source: Garden State MLS
MLS Number: 3977694
APN: 14-01927-0000-00006
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