$750,000

Estimated payment $4,638/month

Total Views 5,149
9 Beds
4 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

MOVE IN READY 3 FAMILY WITH FINISHED BASEMENT!! 3 bedrooms in EACH unit which is rare. EXCELLENT money maker based on previous track record located on the northern side of the city of Newark! Close to shops, restaurants, schools, places of worship, and public transportation. Tenant heavy location! Potential to gross $8k total on the property! VERY VERY LOW TAXES! Perfect for first time and seasoned investors as well as owner occupants. Will not last!

Listing Agent

AUSTIN SMITH

EXP REALTY, LLC Brokerage Phone: 862-800-1256 Listed on: 04/18/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,997

Lot Details

  • 2,614 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Vinyl Siding

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Multiple Heating Units
  • Standard Electricity

Additional Features

  • Finished Basement

Community Details

  • Net Operating Income $9,999

Listing and Financial Details

  • Assessor Parcel Number 1614-00508-0000-00023-0000-
  • Tax Block *

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,997

Lot Details

0

Listing Details

  • Unit Style: 3-Three Story
  • Year Built: 9999
  • County Name: Essex
  • Street Number Display: 128
  • Directions: Park Ave to Ridge St.
  • I D: 5351975
  • Modified: 2025-08-26
  • Number Images: 3
  • Attribution Contact: 862-800-1256
  • MLS Status: Active
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Number Rooms: 15
  • Bedrooms: 9
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Basement: Yes
  • Basement Description: Finished

Exterior Features

  • Exterior Description: Vinyl Siding
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Parking Driveway Description: On-Street Parking

Utilities

  • Fuel Type: Gas-Natural
  • Heating: 3 Units, Baseboard - Hotwater
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water

Lot Info

  • Lot Size: 28X100
  • Assessed Improvement Value: 163500
  • Assessed Land Value: 20500
  • Assessment: 184000
  • Easement: Unknown
  • Lot Identifier: 23
  • 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: 6997
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1614-00508-0000-00023-0000-
  • Tax Rate Amount: 3.803
  • Tax Rate Tax: *
  • Tax Rate Year: 2024
  • Tax Year Tax: *
  • Tax Year: 2024

Multi Family

  • Total Number Units: 3

Map

Range of Values:

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Average Value
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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

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 $6,860 $184,000 $20,500 $163,500
2024 $6,860 $184,000 $20,500 $163,500
2022 $6,874 $184,000 $20,500 $163,500
2021 $6,871 $184,000 $20,500 $163,500
2020 $6,992 $184,000 $20,500 $163,500
2019 $6,920 $184,000 $20,500 $163,500
2018 $6,795 $184,000 $20,500 $163,500
2017 $6,550 $184,000 $20,500 $163,500
2016 $6,330 $184,000 $20,500 $163,500
2015 $6,089 $184,000 $20,500 $163,500
2014 $5,706 $184,000 $20,500 $163,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2025 08/26/25 For Sale $750,000 0.0% --
06/23/2025 06/23/25 Pending -- -- --
04/18/2025 04/18/25 For Sale $750,000 +29.3% --
09/23/2022 09/23/22 Sold $580,000 +5.5% --
08/25/2022 08/25/22 Pending -- -- --
05/08/2022 05/08/22 For Sale $549,900 -- --
Source: Garden State MLS

Purchase History

Date Type Sale Price Title Company
Deed $580,000 Stewart Title
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- United General Title Ins Co
Special Warranty Deed $200,000 United General Title Ins Co
Sheriffs Deed -- None Available
Deed $410,000 --
Deed $125,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $600,880 VA
Previous Owner $227,413 FHA
Previous Owner $403,650 FHA
Closed -- No Value Available
Source: Public Records

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Source: Garden State MLS

MLS Number: 3957591

Garden State MLS

APN: 14-00508-0000-00023