308 Chadwick Ave Newark, NJ 07112
Weequahic NeighborhoodEstimated payment $3,805/month
About This Home
Opportunity knocks with this charming 3-family Colonial. Ready for investors, multi-generational living, or anyone looking to offset their mortgage with rental income. Conveniently situated just half a mile from public bus transportation, this property combines space, convenience, and potential. Each unit offers a spacious layout: Unit 1 (Level 1): 4 bedrooms, living room, kitchen, and full bathroom Unit 2 (Level 2): 4 bedrooms, living room, kitchen, and full bathroom Unit 3 (Level 3): 3 bedrooms, living room, kitchen, and full bathroom Whether you're looking to lease all three units or live in one while generating income from the others, the setup is flexible and functional. The exterior features a welcoming front porch, fenced front and back yards, and storage sheds for added convenience. An unfinished basement offers ample storage and houses utilities. With plenty of space and rental potential, this multi-unit home is a smart move for a wide range of buyers.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,126
Home Design
Bedrooms and Bathrooms
- 11 Bedrooms
- 3 Full Bathrooms
Additional Features
- Laundry in unit
- 4,343 Sq Ft Lot
Listing and Financial Details
- Legal Lot and Block 14 / 3590
Map
Home Values in the Area
Average Home Value in this Area
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 | $6,006 | $161,100 | $23,600 | $137,500 |
| 2024 | $6,006 | $161,100 | $23,600 | $137,500 |
| 2022 | $6,019 | $161,100 | $23,600 | $137,500 |
| 2021 | $6,015 | $161,100 | $23,600 | $137,500 |
| 2020 | $6,122 | $161,100 | $23,600 | $137,500 |
| 2019 | $6,059 | $161,100 | $23,600 | $137,500 |
| 2018 | $5,949 | $161,100 | $23,600 | $137,500 |
| 2017 | $5,735 | $161,100 | $23,600 | $137,500 |
| 2016 | $5,542 | $161,100 | $23,600 | $137,500 |
| 2015 | $5,331 | $161,100 | $23,600 | $137,500 |
| 2014 | $4,996 | $161,100 | $23,600 | $137,500 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/12/2025 11/12/25 | Pending | -- | -- | -- |
| 09/25/2025 09/25/25 | Price Changed | $625,000 | -3.7% | -- |
| 09/05/2025 09/05/25 | Price Changed | $649,000 | -3.9% | -- |
| 07/22/2025 07/22/25 | For Sale | $675,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $365,000 | -- | |
| Quit Claim Deed | -- | -- | |
| Deed | $261,000 | -- | |
| Deed | $218,000 | -- | |
| Deed | $65,000 | -- | |
| Deed | $27,500 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $346,750 | New Conventional | |
| Previous Owner | $234,900 | No Value Available | |
| Previous Owner | $174,400 | No Value Available | |
| Previous Owner | $23,000 | No Value Available |
Source: New Jersey MLS
MLS Number: 25025707
APN: 14-03590-0000-00014
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.
© 2025 New Jersey Multiple Listing Service Inc. All rights reserved.
- 362 Chadwick Ave Unit 364
- 169 Watson Ave
- 138 Hedden Terrace
- 373 Chadwick Ave
- 11 Bock Ave
- 131 Hedden Terrace
- 12 Bock Ave Unit 14
- 12-14 Bock Ave
- 917 Bergen St Unit 2
- 420 Jelliff Ave
- 137 Osborne Terrace
- 408 Chadwick Ave
- 121 Osborne Terrace
- 119 Osborne Terrace
- 184 Seymour Ave
- 366 Badger Ave
- 119-121 Osborne Terrace
- 21 Huntington Terrace
- 173 Seymour Ave