$575,000
PENDING

Estimated payment $3,550/month

Total Views 192,186
5 Beds
3 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

Welcome to a prime investment opportunity in Newark, NJ! This multi-family property, with two legal units is a gem. This two family house is a newer build that was built in 2003! This property is already cash flowing. This prime multi-family property features 5 bedrooms and 3 bathrooms. There is a very spacious master bedroom for maximum comfort. Both units were also recently renovated. This property is ideal for investors who are looking for substantial rental income or savvy homebuyers looking to house hack. Only 30 minutes from NYC. Don't miss the chance to add this property to your portfolio. This multi-family qualifies for NJ's $22,000 down payment assistance and No Money Down mortgage programs.

Listing Agent

Alnazir Blackman

REALTY ONE GROUP LIFESTYLE HOMES Brokerage Phone: 973-855-2645 Listed on: 09/21/2024

REALTY ONE GROUP LIFESTYLE HOMES

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,345

Year Built

  • Built in 2003

Lot Details

  • 4,166 Sq Ft Lot
  • Historic Home

Parking

  • 4 Parking Spaces

Home Design

  • Vinyl Siding

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Central Air
  • Two Cooling Systems Mounted To A Wall/Window
  • Multiple Heating Units

Community Details

  • Net Operating Income $999,999

Listing and Financial Details

  • Assessor Parcel Number 1614-01814-0000-00018-0001-

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,345

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Unit Style: 2-Two Story
  • Year Built: 2003
  • Year Built Description: Historical
  • County Name: Essex
  • Directions: Google Maps
  • I D: 5313909
  • Attribution Contact: 973-855-2645
  • MLS Status: Under Contract
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 5
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3

Exterior Features

  • Exterior Description: Vinyl Siding
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Parking Spaces: 4
  • Parking Driveway Description: 2 Car Width

Utilities

  • Cooling: 2 Units, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 2 Units
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water

Lot Info

  • Lot Size: 4166 SF
  • 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: 6345
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1614-01814-0000-00018-0001-
  • Tax Rate Amount: 3.728
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2023

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/08/2025 12/08/25 Sold $650,000 +13.0% -- View Prior Sale
10/10/2025 10/10/25 Pending -- -- --
09/05/2025 09/05/25 For Sale $575,000 -- --
Source: Garden State MLS

Source: Garden State MLS

MLS Number: 3925303

Garden State MLS

APN: 14 01814-0000-00018-0001