$1,500,000

265 S 8th St Unit 267 Newark, NJ 07103

Fairmount Neighborhood

Estimated payment $8,559/month

Total Views 2,442
12 Beds
8 Baths
7,318 Sq Ft
$205 Price per Sq Ft

Highlights

  • Porch
  • Forced Air Heating and Cooling System
  • Level Lot

About This Home

Fantastic 4 unit building to share or invest in. Fully Renovated and updated with refinished wood floors, New Kitchens, granite counters and all new appliances including Washer/dryer in each unit. Central air and forced air service each unit along with individual water heaters for each in the HUGE basement which also offers plenty of room for storage. Each unit is nearly identical and offer 3 bedrooms and 2 full bathrooms which included the primary suite in the rear of each unit. Back hallway exit leads to rear exit and access to basement storage. Short walk to Rutgers Newark and great for commuters with Newark Penn near by along with a variety of other communities options throughout the area. This Turnkey 4 unit building is all set.

Listing Agent

MICHAEL PORTER

REALTY EXECUTIVES EXCEPTIONAL Brokerage Phone: 908-358-6810 Listed on: 10/04/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,834

Year Built

  • Built in 1907 | Remodeled

Lot Details

  • 3,485 Sq Ft Lot
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Vinyl Siding

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 8 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Multiple Heating Units
  • Standard Electricity

Additional Features

  • Basement Fills Entire Space Under The House
  • Porch

Community Details

  • 7,318 Sq Ft Building
  • Net Operating Income $120,000

Listing and Financial Details

  • Assessor Parcel Number 1614-01781-0000-00021-0000-

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,834

Year Built

Built in 1907 | Remodeled

Lot Details

0

Listing Details

  • Unit Style: Fourplex
  • Year Built: 1907
  • Year Built Description: Approximate, Renovated
  • County Name: Essex
  • Directions: Turn on 8th St
  • I D: 5389142
  • Attribution Contact: 908-358-6810
  • MLS Status: Active
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Year Renovated: 2024

Interior Features

  • Interior Amenities: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, Wood Floors
  • Bedrooms: 12
  • Total Bathrooms: 8
  • Total Full Bathrooms: 8
  • Basement: Yes
  • Basement Description: Full, Unfinished

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Open Porch(es), Sidewalk
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Parking Driveway Description: On-Street Parking

Utilities

  • Cooling: 4+ Units, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 4+ Units, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water

Lot Info

  • Lot Size: 37X100
  • Easement: Unknown
  • Lot Description: Level Lot
  • 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: 7834
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1614-01781-0000-00021-0000-
  • Tax Rate Amount: 3.803
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2024

Map

Range of Values:

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

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 $7,680 $206,000 $27,800 $178,200
2024 $7,680 $206,000 $27,800 $178,200
2022 $7,696 $206,000 $27,800 $178,200
2021 $7,692 $206,000 $27,800 $178,200
2020 $7,828 $206,000 $27,800 $178,200
2019 $9,925 $263,900 $27,800 $236,100
2018 $9,746 $263,900 $27,800 $236,100
2017 $9,395 $263,900 $27,800 $236,100
2016 $9,078 $263,900 $27,800 $236,100
2015 $8,732 $263,900 $27,800 $236,100
2014 $8,184 $263,900 $27,800 $236,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/04/2025 10/04/25 For Sale $1,500,000 +104.1% $205 / Sq Ft
05/01/2024 05/01/24 Sold $735,000 -3.3% -- View Prior Sale
03/27/2024 03/27/24 Pending -- -- --
03/19/2024 03/19/24 Pending -- -- --
02/23/2024 02/23/24 For Sale $759,900 0.0% --
02/07/2024 02/07/24 Pending -- -- --
11/01/2023 11/01/23 For Sale $759,900 0.0% --
09/22/2023 09/22/23 Pending -- -- --
08/08/2023 08/08/23 For Sale $759,900 -- --
Source: Garden State MLS

Purchase History

Date Type Sale Price Title Company
Deed $735,000 Safe Land Title
Deed $735,000 Safe Land Title
Deed -- Stewart Title
Deed -- --
Deed $75,000 Titleworks Inc
Sheriffs Deed -- First American Title Ins Co
Deed $272,000 --
Deed $100,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $588,000 New Conventional
Closed $588,000 New Conventional
Previous Owner $244,800 No Value Available
Previous Owner $121,000 FHA
Source: Public Records

Source: Garden State MLS

MLS Number: 3990728

Garden State MLS

APN: 14-01781-0000-00021