$599,900
PENDING

Estimated payment $3,645/month

Total Views 2,283
4 Beds
2 Baths
2,200 Sq Ft
$273 Price per Sq Ft

About This Home

Introducing a prime investment opportunity in the highly desirable Ivy Hill section of Newark, New Jersey! This meticulously maintained two-family home is truly move-in ready and ideal for both owner-occupants and investors seeking strong rental potential. Each of the recently renovated two-bedroom units showcases modern style and thoughtful functionality. Enjoy spacious living rooms, tasteful finishes, abundant natural light, and updated kitchens featuring contemporary appliances and generous storage perfect for everyday convenience. With separate entrances and utilities, this property provides excellent flexibility and privacy for both units. Whether you're planning to generate rental income, occupy one unit while renting the other, the possibilities are endless. Outside, a two-car detached garage offers secure parking and additional storage an invaluable amenity in this neighborhood. The well-kept yard provides a peaceful green space ideal for relaxing or hosting outdoor gatherings. Situated in Ivy Hill, you'll enjoy close proximity to Newark's vibrant downtown, quality schools, local parks, and multiple transportation options including nearby train stations and major highways making commuting and daily travel a breeze. Property is being sold strictly as-is. Buyer is responsible for applying for and obtaining all required municipal certificates to close.

Listing Agent

Nicholas Verdi

KELLER WILLIAMS CITY VIEWS REALTY Brokerage Phone: 973-769-1009 Listed on: 11/12/2025

KELLER WILLIAMS CITY VIEWS REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,917

Year Built

  • Built in 1931

Parking

  • 2 Car Detached Garage

Home Design

  • Vinyl Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Multiple Heating Units
  • Standard Electricity

Additional Features

  • Porch
  • 4,356 Sq Ft Lot
  • Unfinished Basement

Community Details

  • 2,200 Sq Ft Building

Listing and Financial Details

  • Assessor Parcel Number 1614-04141-0000-00031-0000-

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,917

Year Built

Built in 1931

Lot Details

0

Parking

2

Listing Details

  • Unit Style: 2-Two Story
  • Year Built: 1931
  • Year Built Description: Approximate
  • County Name: Essex
  • Directions: Ellery Ave Between Sanford pl and Putnam St
  • I D: 5397068
  • Attribution Contact: 973-769-1009
  • MLS Status: Under Contract
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2021

Interior Features

  • Interior Amenities: Carpeting, Vinyl-Linoleum Floors, Wood Floors
  • Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Unfinished

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Open Porch(es)
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 2
  • Parking Driveway Description: 1 Car Width

Utilities

  • Fuel Type: Gas-Natural
  • Heating: 2 Units, Baseboard - Hotwater
  • Sewer: Public Sewer
  • Utilities: Electric, Gas In Street, Gas-Natural
  • Water: Public Water

Lot Info

  • Lot Size: 40X105
  • Easement: Unknown
  • 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: 5917
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1614-04141-0000-00031-0000-
  • Tax Rate Amount: 3.803
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2024

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
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 $5,801 $155,600 $21,000 $134,600
2024 $5,801 $155,600 $21,000 $134,600
2022 $5,813 $155,600 $21,000 $134,600
2021 $5,810 $155,600 $21,000 $134,600
2020 $5,913 $155,600 $21,000 $134,600
2019 $5,852 $155,600 $21,000 $134,600
2018 $5,746 $155,600 $21,000 $134,600
2017 $5,539 $155,600 $21,000 $134,600
2016 $5,353 $155,600 $21,000 $134,600
2015 $5,149 $155,600 $21,000 $134,600
2014 $4,825 $155,600 $21,000 $134,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2025 12/04/25 Pending -- -- --
11/12/2025 11/12/25 For Sale $599,900 -- $273 / Sq Ft
Source: Garden State MLS

Purchase History

Date Type Sale Price Title Company
Sheriffs Deed -- --
Deed $346,000 --
Deed $137,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $69,000 Stand Alone Second
Previous Owner $133,000 FHA
Source: Public Records

Source: Garden State MLS

MLS Number: 3997695

Garden State MLS

APN: 14-04141-0000-00031