$550,000
PENDING

250 Berkeley Ave Newark, NJ 07107

Upper Roseville Neighborhood

Estimated payment $3,444/month

Total Views 480
4 Beds
3 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

Rare investment and development opportunity in the heart of Newark?s thriving Roseville section. 250-252 Berkeley Avenue, a legal two-family property, is being offered together with the neighboring institutional/commercial property as a package deal, creating an approximate combined lot size of 100 x 100.This unique assemblage presents exceptional potential for developers, investors, builders, or end-users seeking redevelopment opportunities in a rapidly growing area. Preliminary development concepts may support multiple new construction residential units, subject to buyer due diligence, zoning requirements, subdivision approvals, and municipal approvals.The existing two-family property provides immediate rental income potential and may remain tenant-occupied while developers pursue approvals, plans, and redevelopment opportunities, creating the possibility for cash flow during the planning and entitlement process.Conveniently located near major highways, public transportation, shopping, schools, and residential neighborhoods, this offering provides strong upside potential in an area experiencing continued growth and redevelopment activity.Buyer responsible for independently verify

Listing Agent

STANLEY FRANCOIS

REALTY ONE GROUP SUNRISE Brokerage Phone: 201-265-7000 Listed on: 05/22/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,878

Year Built

  • Built in 1999

Lot Details

  • 4,792 Sq Ft Lot

Home Design

  • Asphalt Shingled Roof
  • Aluminum Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Hot Water Baseboard Heater
  • Standard Electricity

Additional Features

  • Finished Basement

Listing and Financial Details

  • Assessor Parcel Number 1614-00643-0000-00003-0000-

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,878

Year Built

Built in 1999

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Unit Style: 2-Two Story
  • Year Built: 1999
  • Year Built Description: Approximate
  • County Name: Essex
  • Directions: use waze
  • I D: 5434106
  • Attribution Contact: 201-265-7000
  • MLS Status: Under Contract
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Basement: Yes
  • Basement Description: Finished

Exterior Features

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

Garage/Parking

  • Parking Driveway Description: Blacktop

Utilities

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

Lot Info

  • Lot Size: 50X100
  • Easement: Unknown
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.11

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 5878
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1614-00643-0000-00003-0000-
  • Tax Rate Amount: 3.999
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2025

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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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

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
05/28/2026 05/28/26 Pending -- -- --
05/22/2026 05/22/26 For Sale $550,000 -- --
Source: Garden State MLS

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 -- None Listed On Document
Deed $309,000 --
Deed $120,000 --
Deed $160,000 --
Source: Public Records

Mortgage 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 Status Loan Amount Loan Type
Previous Owner $247,200 No Value Available
Source: Public Records

Source: Garden State MLS

MLS Number: 4029437

Garden State MLS

APN: 14-00643-0000-00003

New Jersey Essex County Newark 07107 Upper Roseville

250 Berkeley Ave, Newark, NJ

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Listing Agent
STANLEY FRANCOIS
REALTY ONE GROUP SUNRISE
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