$599,000
PENDING

149 Dewey St Unit 151 Newark, NJ 07112

Weequahic Neighborhood

Estimated payment $3,752/month

Total Views 2,628
6 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

Don't miss this incredible opportunity to own a spacious and renovated 2-family home in the desirable Weequahic section of Newark! Whether you're looking to generate rental income or live in 1 unit and rent out the other, this property offers versatility and value. Each unit offers a spacious layout, with bright living spaces, ample bedrooms, and full bathrooms. The property also includes a full basement, a shared backyard, and separate utilities, making it ideal for long-term investment or owner-occupancy. Conveniently located near schools, parks, shopping, and major highways with quick access to NYC and Newark Liberty Airport. This is your chance to secure a multi-family property in one of Newark's most up-and-coming areas!

Listing Agent

TOVIA LICHTMAN

KELLER WILLIAMS MID-TOWN DIRECT Brokerage Phone: 347-470-6144 Listed on: 05/07/2025

KELLER WILLIAMS MID-TOWN DIRECT

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,662

Year Built

  • Built in 1922

Parking

  • 8 Parking Spaces

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Multiple Heating Units
  • Underground Utilities

Additional Features

  • Basement Fills Entire Space Under The House
  • 37 Sq Ft Lot

Community Details

  • Net Operating Income $9,999

Listing and Financial Details

  • Assessor Parcel Number 1614-03061-0000-00036-0000-
  • Tax Block *

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,662

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Unit Style: Under/Over
  • Year Built: 1922
  • Year Built Description: Approximate
  • County Name: Essex
  • Exclusions: Tenants property
  • Street Number Display: 149
  • Directions: Lyons Avenue to Dewey Street
  • I D: 5356084
  • Modified: 2025-05-27
  • Number Images: 31
  • Attribution Contact: 347-470-6144
  • MLS Status: Under Contract
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Number Rooms: 10
  • Bedrooms: 6
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Finished, Full

Exterior Features

  • Exterior Description: Stucco
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Parking Spaces: 8
  • Parking Driveway Description: 1 Car Width, Blacktop

Utilities

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

Lot Info

  • Lot Size: 37.6X103
  • Assessed Improvement Value: 119800
  • Assessed Land Value: 29100
  • Assessment: 148900
  • Easement: Unknown
  • Lot Identifier: 36
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.09

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Tax Amount: 5662
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1614-03061-0000-00036-0000-
  • Tax Rate Amount: 3.803
  • Tax Rate Tax: *
  • Tax Rate Year: 2024
  • Tax Year Tax: *
  • Tax Year: 2024

Multi Family

  • Total Number Units: 2

Map

Range of Values:

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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 $5,551 $148,900 $29,100 $119,800
2024 $5,551 $148,900 $29,100 $119,800
2023 $5,563 $148,900 $29,100 $119,800
2022 $5,563 $148,900 $29,100 $119,800
2021 $5,560 $148,900 $29,100 $119,800
2020 $5,658 $148,900 $29,100 $119,800
2019 $5,600 $148,900 $29,100 $119,800
2018 $5,499 $148,900 $29,100 $119,800
2017 $5,301 $148,900 $29,100 $119,800
2016 $5,122 $148,900 $29,100 $119,800
2015 $4,927 $148,900 $29,100 $119,800
2014 $4,617 $148,900 $29,100 $119,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2025 05/27/25 Pending -- -- --
05/07/2025 05/07/25 For Sale $599,000 -- --
Source: Garden State MLS

Purchase History

Date Type Sale Price Title Company
Deed $620,000 Cross Bridge Title
Deed -- Stewart Title
Sheriffs Deed $170,000 --
Bargain Sale Deed $165,000 Paradigm Title Group Llc
Deed $43,000 Multiple
Deed $68,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $496,000 Construction
Previous Owner $207,500 Stand Alone Refi Refinance Of Original Loan
Previous Owner $123,750 New Conventional
Previous Owner $130,000 Unknown
Previous Owner $210,000 Adjustable Rate Mortgage/ARM
Previous Owner $190,000 Adjustable Rate Mortgage/ARM
Previous Owner $136,500 New Conventional
Source: Public Records

About the Listing Agent

TOVIA LICHTMAN

KELLER WILLIAMS MID-TOWN DIRECT

(201) 849-1620

Section Image

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Source: Garden State MLS

MLS Number: 3961582

Garden State MLS

APN: 14-03061-0000-00036