$800,000

Estimated payment $5,393/month

Total Views 2,136
11 Beds
6 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

Unlock the potential of this income generating 3 family home ideally located in the heart of Newark, NJ. Whether you're an investor looking for a solid cashflowing asset or an owner occupant seeking to live in one unit while renting out the others, this money making machine is already performing! Each unit offers comfortable living space and separate utilities, making management a breeze. Located just minutes from Newark International Airport, major highways, and public transportation, this property ensures convenience for commuters and strong rental demand year-round.Don't miss your chance to secure a smart investment in one of New Jersey's hottest markets. Live in one, rent the rest or lease all three and watch the income roll in!

Listing Agent

Carlos Turner

RE/MAX SELECT Brokerage Phone: 908-233-9292 Listed on: 06/23/2025

RE/MAX SELECT

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,154

Parking

  • On-Street Parking

Home Design

  • Flat Roof Shape
  • Vinyl Siding

Bedrooms and Bathrooms

  • 11 Bedrooms

Additional Features

  • 4,356 Sq Ft Lot
  • Multiple Heating Units
  • Unfinished Basement

Community Details

  • Net Operating Income $9,999

Listing and Financial Details

  • Assessor Parcel Number 1614-02702-0000-00060-0000-
  • Tax Block *

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,154

Lot Details

0

Listing Details

  • Unit Style: 3-Three Story
  • Year Built: 9999
  • County Name: Essex
  • Street Number Display: 182
  • Directions: In between Irvine Turner Blvd and Ridgewood Ave
  • I D: 5366951
  • Modified: 2025-07-02
  • Number Images: 25
  • Attribution Contact: 908-233-9292
  • MLS Status: Active
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Number Rooms: 17
  • Bedrooms: 11
  • Total Full Bathrooms: 3
  • Total Number of Half Bathrooms: 3
  • Basement: Yes
  • Basement Description: Unfinished

Exterior Features

  • Exterior Description: Vinyl Siding
  • Roof Description: Flat

Garage/Parking

  • Parking Driveway Description: On-Street Parking

Utilities

  • Fuel Type: Gas-Natural
  • Heating: 3 Units
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water

Lot Info

  • Lot Size: 35X125
  • Assessed Improvement Value: 294800
  • Assessed Land Value: 24800
  • Assessment: 319600
  • Easement: Unknown
  • Lot Identifier: 60
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.10

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 12154
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1614-02702-0000-00060-0000-
  • 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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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 $11,915 $319,600 $24,800 $294,800
2024 $11,915 $319,600 $24,800 $294,800
2022 $11,940 $319,600 $24,800 $294,800
2021 $11,934 $319,600 $24,800 $294,800
2020 $7,022 $184,800 $24,800 $160,000
2019 $6,950 $184,800 $24,800 $160,000
2018 $6,825 $184,800 $24,800 $160,000
2017 $6,579 $184,800 $24,800 $160,000
2016 $6,357 $184,800 $24,800 $160,000
2015 $6,115 $184,800 $24,800 $160,000
2014 $5,731 $184,800 $24,800 $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2025 06/23/25 For Sale $800,000 +100.0% --
04/10/2020 04/10/20 Sold $400,000 +14.3% --
03/20/2020 03/20/20 Pending -- -- --
03/09/2020 03/09/20 For Sale $350,000 +66.7% --
09/12/2017 09/12/17 Sold $210,000 -8.7% --
07/13/2017 07/13/17 Pending -- -- --
05/10/2017 05/10/17 For Sale $230,000 -- --
Source: Garden State MLS

Purchase History

Date Type Sale Price Title Company
Deed $400,000 Foundation Title Llc
Deed $210,000 --
Bargain Sale Deed -- Fortune Title Agency Inc
Deed $110,000 --
Deed $110,000 --
Deed $71,000 --
Bargain Sale Deed $350,000 Multiple
Deed $195,250 --
Deed $380,000 --
Deed $317,000 --
Deed $181,000 --
Deed $97,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $426,622 VA
Closed $414,400 VA
Previous Owner $160,000 New Conventional
Previous Owner $337,487 FHA
Previous Owner $342,000 No Value Available
Previous Owner $58,054 Construction
Previous Owner $237,750 No Value Available
Previous Owner $237,750 New Conventional
Source: Public Records

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Source: Garden State MLS

MLS Number: 3971144

Garden State MLS

APN: 14-02702-0000-00060