118 Oraton St Newark, NJ 07104
North Broadway NeighborhoodEstimated payment $5,004/month
Highlights
- 1 Car Attached Garage
- Multiple cooling system units
- Forced Air Heating and Cooling System
About This Home
Exceptional new construction two-family home completed in 2022, ideally located in Newark's North Ward, just off Broadway and between Chester & Delevan Avenues, near the Belleville border. Although currently fully occupied, this property is a true ground-up build, not a renovation.Unit 1 offers a spacious, modern layout spanning the second floor, featuring a bright open-concept living and dining area, contemporary kitchen with stainless steel appliances, two well-sized bedrooms, and a full bath. In addition to the main living area, Unit 1 benefits from access to a fully finished walkout lower level, providing valuable additional finished space that includes a laundry area, half bath, and direct exterior access.This level is complemented by an exceptionally upgraded built-in garage, rarely seen finished with vinyl flooring, clean walls, and excellent lighting offering a highly versatile extension of the home suitable for storage, workspace, or other permitted uses.Unit 2, located on the third floor, mirrors the modern finishes found throughout the home and features an open-concept layout, stainless steel kitchen appliances, two generously sized bedrooms, a full bath, ample closet space, and pull-down attic storage.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,808
Year Built
- Built in 2022
Parking
- 1 Car Attached Garage
- Garage Door Opener
- Parking Garage Space
Home Design
- Brick Exterior Construction
- Vinyl Siding
Bedrooms and Bathrooms
- 4 Bedrooms
Schools
- L M Marin Elementary And Middle School
- Technology High School
Utilities
- Multiple cooling system units
- Forced Air Heating and Cooling System
- Multiple Heating Units
- Standard Electricity
- Gas Water Heater
Additional Features
- Walk-Out Basement
- 1,307 Sq Ft Lot
Community Details
- Net Operating Income $9,999
Listing and Financial Details
- Assessor Parcel Number 1614-00678-0000-00081-0000-
Map
Home Values in the Area
Average Home Value in this Area
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 | $432 | $310,500 | $11,600 | $298,900 |
| 2024 | $432 | $310,500 | $11,600 | $298,900 |
| 2022 | $433 | $11,600 | $11,600 | $0 |
| 2021 | $433 | $11,600 | $11,600 | $0 |
| 2020 | $441 | $11,600 | $11,600 | $0 |
| 2019 | $436 | $11,600 | $11,600 | $0 |
| 2018 | $428 | $11,600 | $11,600 | $0 |
| 2017 | $0 | $11,600 | $11,600 | $0 |
| 2016 | $0 | $11,600 | $11,600 | $0 |
| 2015 | $384 | $11,600 | $11,600 | $0 |
| 2014 | $360 | $11,600 | $11,600 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/18/2025 12/18/25 | For Sale | $765,000 | +7.0% | -- | |
| 08/22/2025 08/22/25 | Sold | $715,000 | -1.4% | -- | View Prior Sale |
| 05/20/2025 05/20/25 | Pending | -- | -- | -- | |
| 03/18/2025 03/18/25 | For Sale | $725,000 | 0.0% | -- | |
| 02/18/2025 02/18/25 | Pending | -- | -- | -- | |
| 11/04/2024 11/04/24 | For Sale | $725,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $715,000 | Nu World Title | |
| Deed | $615 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $679,250 | New Conventional |
Source: Garden State MLS
MLS Number: 4002091
APN: 14-00678-0000-00081
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