203 Oliver St Newark, NJ 07105
South Ironbound NeighborhoodEstimated payment $5,397/month
Highlights
- Wood Flooring
- Patio
- Privacy Fence
- 2 Car Detached Garage
- Private Driveway
- Level Lot
About This Home
"Prime Investment Opportunity in Newark's Desirable Ironbound Section. This well-maintained four-family residence offers an exceptional value-add or turn-key opportunity for the savvy investor. Each of the four units features a functional 3-room layout, maximizing rental appeal. The property boasts significant premium amenities rarely found in this high-demand neighborhood, including a full basement with dedicated tenant storage, expansive rear parking, and two private detached garages. Situated in a high-occupancy area with easy access to Penn Station, local dining, and major transportation hubs, this asset is positioned for strong cash flow and long-term appreciation.". Has 2 garage and additional 3/4 parking spots who can provide additional $1,000.00 income per month
Listing Agent
JOAO FONSECA
SKY REALTY ASSOCIATES Brokerage Phone: 973-344-8880 Listed on: 05/21/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,164
Year Built
- Built in 1900 | Remodeled
Lot Details
- 2,614 Sq Ft Lot
- Privacy Fence
- Wood Fence
- Level Lot
Parking
- 2 Car Detached Garage
- Private Driveway
- Parking Garage Space
- Parking Lot
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Rubber Roof
- Vinyl Siding
Flooring
- Wood
- Tile
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Full Bathrooms
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Patio
Utilities
- Window Unit Cooling System
- Multiple Heating Units
- Hot Water Baseboard Heater
- Standard Electricity
- Gas Water Heater
Additional Features
- Unfinished Basement
Community Details
- Net Operating Income $42,000
Listing and Financial Details
- Assessor Parcel Number 1614-00956-0000-00007-0000-
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 | $7,534 | $188,400 | $74,100 | $114,300 |
| 2025 | $7,534 | $188,400 | $74,100 | $114,300 |
| 2024 | $7,024 | $188,400 | $74,100 | $114,300 |
| 2022 | $7,039 | $188,400 | $74,100 | $114,300 |
| 2021 | $7,035 | $188,400 | $74,100 | $114,300 |
| 2020 | $7,159 | $188,400 | $74,100 | $114,300 |
| 2019 | $7,086 | $188,400 | $74,100 | $114,300 |
| 2018 | $6,958 | $188,400 | $74,100 | $114,300 |
| 2017 | $6,707 | $188,400 | $74,100 | $114,300 |
| 2016 | $6,481 | $188,400 | $74,100 | $114,300 |
| 2015 | $6,234 | $188,400 | $74,100 | $114,300 |
| 2014 | $5,842 | $188,400 | $74,100 | $114,300 |
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 |
|---|---|---|---|---|
| 05/21/2026 05/21/26 | For Sale | $875,000 | -- | -- |
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 | $169,000 | -- |
Source: Garden State MLS
MLS Number: 4029193
APN: 14-00956-0000-00007
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