188 N 11th St Newark, NJ 07107
Lower Roseville NeighborhoodEstimated payment $3,840/month
About This Home
Prime Investment Opportunity " Newark, NJ. Discover the perfect blend of value and versatility with this three-family home located in one of Newark's most desirable neighborhoods. Situated in a high-demand rental area with convenient access to major transportation routes, shopping, dining, and local attractions, this property offers strong investment potential and long-term growth. Each unit features separate utilities, providing ease of management and cost efficiency: Unit 1: 3 bedrooms 1 bath. Unit 2: 3 bedrooms 1 bath. Unit 3: 1 bedroom 1 bath. Whether you're a savvy investor looking to expand your portfolio or an owner-occupant seeking supplemental income, this property delivers. Live in one unit and let your tenants help pay the mortgage a smart move in today's competitive market. Don't miss this exceptional opportunity to own a flexible, income-generating property in the heart of Newark's revitalization.
Listing Agent
ALNISA TUCKER
OPTION 1 REALTY GROUP, LLC Brokerage Phone: 973-623-1001 Listed on: 07/22/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,712
Year Built
- Built in 1907
Lot Details
- 25 Sq Ft Lot
Parking
- 1 Parking Space
Home Design
- Vinyl Siding
Bedrooms and Bathrooms
- 7 Bedrooms
- 3 Full Bathrooms
Schools
- Barringer High School
Utilities
- Multiple Heating Units
- Heating System Uses Oil Below Ground
- Standard Electricity
Additional Features
- Partially Finished Basement
Listing and Financial Details
- Assessor Parcel Number 1614-01939-0000-00016-0000-
- Tax Block *
Map
Home Values in the Area
Average Home Value in this Area
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 | $7,560 | $202,800 | $27,500 | $175,300 |
| 2024 | $7,560 | $202,800 | $27,500 | $175,300 |
| 2022 | $7,577 | $202,800 | $27,500 | $175,300 |
| 2021 | $7,573 | $202,800 | $27,500 | $175,300 |
| 2020 | $7,706 | $202,800 | $27,500 | $175,300 |
| 2019 | $7,627 | $202,800 | $27,500 | $175,300 |
| 2018 | $7,489 | $202,800 | $27,500 | $175,300 |
| 2017 | $7,220 | $202,800 | $27,500 | $175,300 |
| 2016 | $6,976 | $202,800 | $27,500 | $175,300 |
| 2015 | $6,711 | $202,800 | $27,500 | $175,300 |
| 2014 | $6,289 | $202,800 | $27,500 | $175,300 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/14/2012 09/14/12 | Sold | $77,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $399,000 | Montgomery Hills Ttl Svcs Ll | |
| Deed | $290,000 | -- | |
| Deed | $290,000 | -- | |
| Deed | $290,000 | -- | |
| Bargain Sale Deed | $77,000 | Multiple | |
| Bargain Sale Deed | $440,000 | Chicago Title Insurance Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $23,979 | FHA | |
| Open | $50,007 | New Conventional | |
| Open | $391,773 | FHA | |
| Previous Owner | $284,747 | New Conventional | |
| Previous Owner | $130,000 | Unknown | |
| Previous Owner | $426,800 | Purchase Money Mortgage | |
| Previous Owner | $261,000 | New Conventional |
Source: Garden State MLS
MLS Number: 3976757
APN: 14-01939-0000-00016
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.
Information deemed reliable but not guaranteed.
Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.
This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.
- 166 N 9th St
- 118 N 9th St Unit 120
- 118-120 N 9th St
- 162 N 14th St Unit 3
- 134 N 13th St
- 107 N 11th St
- 318 N 7th St
- 338 N 7th St
- 134 N 14th St
- 352 N 7th St
- 147 N 15th St
- 147 N 15th St Unit 2
- 58 Park Ave
- 272 N 7th St
- 323 N 7th St
- 119 N 14th St
- 372 N 7th St
- 86 N 11th St
- 248 N 7th St Unit 248
- 86 N 16th St