173 3rd St Newark, NJ 07107
Lower Roseville NeighborhoodEstimated payment $3,617/month
About This Home
Newly updated multifamily situated on a spacious 25x114 lot with a generous backyard in the heart of Newark, NJ. Perfect for the savvy investor seeking immediate cash flow or an owner-occupant looking to live in one unit while generating rental income from the other. Unit 1 is vacant and move-in ready, ideal for an owner-occupant or to immediately place a tenant for rental income. Unit 2 is currently tenant occupied, providing cash flow from day one. Strategically located just off Route 280 with seamless access to major highways and NJ Transit for a short commute to NYC. Minutes from Payne Tech High School and close proximity to shopping, dining, and local amenities. Whether you are house hacking, building your portfolio, or seeking turnkey cash flow, this property checks every box. Opportunities like this don't last. Schedule your showing today.
Listing Agent
ALAIN BEADE
RE/MAX PROFESSIONALS I Brokerage Phone: 973-450-4000 Listed on: 07/21/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,538
Year Built
- Built in 1910 | Remodeled
Parking
- On-Street Parking
Home Design
- Asphalt Shingled Roof
- Vinyl Siding
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Additional Features
- Basement Fills Entire Space Under The House
- 3,049 Sq Ft Lot
- Multiple Heating Units
Listing and Financial Details
- Assessor Parcel Number 1614-01911-0000-00050-0000-
Map
Home Values in the Area
Average Home Value in this Area
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 | $7,538 | $188,500 | $19,700 | $168,800 |
| 2025 | $7,538 | $188,500 | $19,700 | $168,800 |
| 2024 | $7,027 | $188,500 | $19,700 | $168,800 |
| 2022 | $7,042 | $188,500 | $19,700 | $168,800 |
| 2021 | $7,039 | $188,500 | $19,700 | $168,800 |
| 2020 | $7,163 | $188,500 | $19,700 | $168,800 |
| 2019 | $5,262 | $139,900 | $19,700 | $120,200 |
| 2018 | $5,167 | $139,900 | $19,700 | $120,200 |
| 2017 | $4,980 | $139,900 | $19,700 | $120,200 |
| 2016 | $4,813 | $139,900 | $19,700 | $120,200 |
| 2015 | $4,629 | $139,900 | $19,700 | $120,200 |
| 2014 | $4,338 | $139,900 | $19,700 | $120,200 |
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 |
|---|---|---|---|---|---|
| 07/21/2026 07/21/26 | For Sale | $550,000 | +511.1% | -- | |
| 01/30/2018 01/30/18 | Sold | $90,000 | -9.1% | -- | View Prior Sale |
| 11/03/2017 11/03/17 | Pending | -- | -- | -- | |
| 08/23/2017 08/23/17 | For Sale | $99,000 | -- | -- |
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 | -- | Skyview Title | |
| Deed | -- | Old Republic National Title | |
| Deed | $350,000 | None Listed On Document | |
| Deed | -- | Ans Title | |
| Deed | $90,000 | -- | |
| Quit Claim Deed | -- | -- |
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 |
|---|---|---|---|
| Previous Owner | $2,846,250 | New Conventional | |
| Previous Owner | $2,999,237 | New Conventional | |
| Previous Owner | $15,000,000 | Commercial | |
| Previous Owner | $215,000 | New Conventional |
Source: Garden State MLS
MLS Number: 4042172
APN: 14-01911-0000-00050
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