$745,000

232 Sunset Ave Newark, NJ 07106

Lower Vailsburg Neighborhood

Estimated payment $4,490/month

Total Views 3,582
7 Beds
4 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

This recently updated two-family home features a finished basement and a bonus attic space. The property includes a private driveway and a detached two-car garage. Both units have been updated with modern finishes and are currently tenant-occupied, generating immediate rental income, ideal for investors seeking a turnkey asset.

Listing Agent

Janine Squire

JEANIUS REALTY Brokerage Phone: 908-349-8770 Listed on: 06/07/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,156

Lot Details

  • 3,485 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Vinyl Siding

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Multiple Heating Units
  • Standard Electricity

Additional Features

  • Finished Basement

Community Details

  • Net Operating Income $99,999

Listing and Financial Details

  • Assessor Parcel Number 1614-04050-0000-00038-0000-
  • Tax Block *

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,156

Lot Details

0

Parking

2

Listing Details

  • Unit Style: 3-Three Story
  • Year Built: 9999
  • County Name: Essex
  • Street Number Display: 232
  • Directions: 18TH Ave to Sunset Ave
  • I D: 5363484
  • Modified: 2025-06-22
  • Number Images: 2
  • Attribution Contact: 908-349-8770
  • MLS Status: Active
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Number Rooms: 14
  • Bedrooms: 7
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Basement: Yes
  • Basement Description: Finished

Exterior Features

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

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 3
  • Parking Driveway Description: Blacktop

Utilities

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

Lot Info

  • Lot Size: 35X100
  • Assessed Improvement Value: 114300
  • Assessed Land Value: 21300
  • Assessment: 135600
  • Lot Identifier: 38
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.08

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 5156
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1614-04050-0000-00038-0000-
  • Tax Rate Amount: 3.803
  • Tax Rate Tax: *
  • Tax Rate Year: 2024
  • Tax Year Tax: *
  • Tax Year: 2024

Multi Family

  • Total Number Units: 2

Map

Range of Values:

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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 $5,055 $135,600 $21,300 $114,300
2024 $5,055 $135,600 $21,300 $114,300
2023 $5,066 $135,600 $21,300 $114,300
2022 $5,066 $135,600 $21,300 $114,300
2021 $5,063 $135,600 $21,300 $114,300
2020 $5,153 $135,600 $21,300 $114,300
2019 $5,100 $135,600 $21,300 $114,300
2018 $5,008 $135,600 $21,300 $114,300
2017 $4,827 $135,600 $21,300 $114,300
2016 $4,665 $135,600 $21,300 $114,300
2015 $4,487 $135,600 $21,300 $114,300
2014 $4,205 $135,600 $21,300 $114,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2025 06/07/25 For Sale $745,000 +9.6% --
09/10/2024 09/10/24 Sold $680,000 +0.7% --
08/15/2024 08/15/24 Pending -- -- --
08/15/2024 08/15/24 For Sale $675,000 -- --
Source: Garden State MLS

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $340,000 Abc Title
Bargain Sale Deed $240,000 Abc Title
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $380,000 Construction
Source: Public Records

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Source: Garden State MLS

MLS Number: 3968060

Garden State MLS

APN: 14-04050-0000-00038

New Jersey Essex County Newark 07106 Lower Vailsburg

232 Sunset Ave, Newark, NJ

This home is located at 232 Sunset Ave, Newark, NJ 07106 and is currently priced at $745,000. 232 Sunset Ave is a home located in Essex County with nearby schools including Lincoln Elementary School, Mt. Vernon School, and Hawthorne Avenue Elementary School.

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Nearby Homes
Listing Agent
Janine Squire
Section Image
JEANIUS REALTY
(862) 305-8656