$760,000
PENDING

Estimated payment $5,230/month

Total Views 5,791
10 Beds
3 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

Exceptional Three-Family Home in Prime Newark Location! This property presents a fantastic blend of investment potential and comfortable living. Generating a strong monthly gross income of close to $6,000,(possible to deliver vacant). the home features 10 spacious bedrooms and 3 full bathrooms across three units (3 bedrooms on the first and third floors, 4 bedrooms on the second). A Six-car garage and convenient double driveway parking complete the package. Its prime location provides easy access to public transportation, schools, shopping, and major highways. This is a rare opportunity to acquire a high-performing property in a desirable Newark neighborhood.

Listing Agent

JACK QIZHAN YAO

REALMART REALTY Brokerage Phone: 732-727-2285 Listed on: 01/21/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,390

Year Built

  • Built in 1945 | Remodeled

Parking

  • 6 Car Detached Garage

Home Design

  • Aluminum Siding

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Standard Electricity
  • Gas Water Heater

Additional Features

  • Basement Fills Entire Space Under The House
  • 43 Sq Ft Lot

Community Details

  • Net Operating Income $55,700

Listing and Financial Details

  • Assessor Parcel Number 1614-04198-0000-00110-0000-
  • Tax Block *

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,390

Year Built

Built in 1945 | Remodeled

Lot Details

0

Listing Details

  • Unit Style: 3-Three Story
  • Year Built: 1945
  • Year Built Description: Renovated
  • County Name: Essex
  • Renovated Year: 2023
  • Street Number Display: 334
  • Directions: Central Ave or Rt 510 to Sanford. Cross st is Lanark
  • I D: 5333862
  • Modified: 2025-07-31
  • Number Images: 6
  • Attribution Contact: 732-727-2285
  • MLS Status: Under Contract
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Year Renovated: 2023

Interior Features

  • Total Number Rooms: 13
  • Bedrooms: 10
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Basement: Yes
  • Basement Description: Full

Exterior Features

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

Garage/Parking

  • Garage Description: Detached Garage
  • Number Parking Spaces: 6
  • Parking Driveway Description: 2 Car Width

Utilities

  • Fuel Type: Gas-Natural
  • Heating: 1 Unit
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Lot Size: 43.9X100
  • Assessed Improvement Value: 309100
  • Assessed Land Value: 16700
  • Assessment: 325800
  • Easement: Unknown
  • Lot Identifier: 110
  • 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: 12390
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1614-04198-0000-00110-0000-
  • Tax Rate Amount: 3.803
  • Tax Rate Tax: *
  • Tax Rate Year: 2024
  • Tax Year Tax: *
  • Tax Year: 2024

Multi Family

  • Total Number Units: 3

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 $12,146 $325,800 $16,700 $309,100
2024 $12,146 $325,800 $16,700 $309,100
2023 $12,172 $325,800 $16,700 $309,100
2022 $12,172 $325,800 $16,700 $309,100
2021 $6,094 $163,200 $16,700 $146,500
2020 $6,202 $163,200 $16,700 $146,500
2019 $6,138 $163,200 $16,700 $146,500
2018 $6,027 $163,200 $16,700 $146,500
2017 $5,810 $163,200 $16,700 $146,500
2016 $5,614 $163,200 $16,700 $146,500
2015 $5,400 $163,200 $16,700 $146,500
2014 $5,061 $163,200 $16,700 $146,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2025 03/31/25 Pending -- -- --
03/10/2025 03/10/25 Price Changed $760,000 -1.4% --
01/21/2025 01/21/25 For Sale $771,000 -- --
Source: Garden State MLS

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed -- None Listed On Document
Interfamily Deed Transfer -- Capital Abstract Co
Deed $401,000 Capital Abstract Co
Deed $170,000 First American Title
Sheriffs Deed $130,000 --
Deed $126,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $356,500 New Conventional
Previous Owner $356,500 No Value Available
Previous Owner $329,000 Commercial
Previous Owner $329,000 Commercial
Previous Owner $113,400 No Value Available
Source: Public Records

Similar Homes in Newark, NJ

  • 242-244 Eastern Pkwy, Newark, NJ 07106

    $679,000

    • 8 Beds
    • 5 Baths
    • 242-244 Eastern Pkwy
    • Newark, NJ

    Fully renovated and move-in ready, 242 Eastern Parkway is a spacious three-story brick two-family home with a bonus unit, offering the perfect blend of modern updates and investment potential in a growing neighborhood. The first unit features 3 bedrooms and 1.5 bathrooms, while the second offers 4 bedrooms and 1.5 bathrooms?each with updated finishes, generous layouts, and abundant natural light.

    TOVIA LICHTMAN KELLER WILLIAMS MID-TOWN DIRECT

    Section Image
  • 101 Fabyan Place, Newark, NJ 07112

    $849,000

    • 11 Beds
    • 6 Baths
    • 101 Fabyan Place
    • Newark, NJ

    Welcome to 101 Fabyan Pl, a newly renovated, spacious three-story home featuring three well-appointed units with a total of 12 bedrooms and 6 bathrooms, perfect for those seeking ample living space and modern amenities. This property offers a thoughtfully designed layout, providing both comfort and functionality for all its residents. The interior of the home has been fully updated to offer

    TOVIA LICHTMAN KELLER WILLIAMS MID-TOWN DIRECT

    Section Image
  • 51 Schley St Unit 53, Newark, NJ 07112

    $719,000

    • 9 Beds
    • 5 Baths
    • 51 Schley St
    • Unit 53
    • Newark, NJ

    Located at 51 Schley St in Newark, this expansive 3-story multi-family home presents an excellent investment opportunity or a spacious living arrangement. Featuring 9 bedrooms and 6 bathrooms, the property offers generous living space across three well-designed floors. Each level is thoughtfully laid out for privacy and functionality, with large living areas and an abundance of natural light. The

    TOVIA LICHTMAN KELLER WILLIAMS MID-TOWN DIRECT

    Section Image
  • 56 Willoughby St, Newark, NJ 07112

    $729,000

    • 8 Beds
    • 5 Baths
    • 56 Willoughby St
    • Newark, NJ

    Welcome to 56 Willoughby Street, a spacious and well-maintained two-family home located in the heart of Newark. This modern property offers a total of 8 bedrooms and 5 full bathrooms across two large units, making it ideal for both investors and extended households. Unit 1 features 5 bedrooms and 3 full baths, while Unit 2 offers 3 bedrooms and 2 full baths each with generous living and dining

    TOVIA LICHTMAN KELLER WILLIAMS MID-TOWN DIRECT

    Section Image
  • 205-207 Chancellor Ave, Newark, NJ 07112

    $737,000

    • 9 Beds
    • 4 Baths
    • 205-207 Chancellor Ave
    • Newark, NJ

    Massive 3-Family Home in Weequahic! Spacious and well-maintained 3-family property featuring 9 bedrooms and 4 bathrooms across three levels. Unit 1 offers 4 beds/1 bath, Unit 2 features 3 beds/2 baths, and the top floor includes 2 beds/1 bath. Hardwood floors, high ceilings, and abundant natural light throughout. Includes a large, clean basement, a 4-car driveway, and a private backyard. Located

    Tamayo Oppenheimer SILVER AND OAK REALTY, LLC

    Section Image
  • 143 Tichenor St, Newark, NJ 07105

    $769,900

    • 8 Beds
    • 5.5 Baths
    • 143 Tichenor St
    • Newark, NJ

    Welcome!!! TO THIS RARE INVESTMENT OPPORTUNITY!!! Money Maker! Well-maintained three-family home conveniently located in the sought-after Ironbound section. Everything is just steps from your door. local recreational parks, close to all major public transportation to NYC or Newark International Liberty Airport. It features a ground-level apartment kitchen, living room, two bedrooms, and a full

    Augusto Verissimo WEICHERT REALTORS - HOME CITY

    Section Image
  • 79 Irving St, Newark, NJ 07104

    $569,000

    • 8 Beds
    • 2 Baths
    • 79 Irving St
    • Newark, NJ

    Welcome to 79 Irving Street, a well-maintained three-story multi-family property located near the Newark-Belleville border. This spacious home features two vacant units, offering immediate flexibility for investors or owner-occupants. The first unit includes 3 bedrooms and 1 bathroom, while the second unit offers 5 bedrooms and 1 bathroom ideal for maximizing rental income. Each unit features an

    TOVIA LICHTMAN KELLER WILLIAMS MID-TOWN DIRECT

    Section Image
  • 44-46 Hazelwood Ave, Newark, NJ 07106

    $599,900

    • 8 Beds
    • 3 Baths
    • 44-46 Hazelwood Ave
    • Newark, NJ

    Investor special! Prime 3-family property, perfect for CASH or hard money buyers. Fully vacant and ready for renovation or immediate rental. Units 1 & 2 each offer 3 bedrooms and 1 bath, while the top floor features a 2-bedroom layout. Separate utilities for each unit make landlord management simple. Property includes a long driveway with ample off-street parking and a spacious backyard, adding

    Jorge Velasquez RE/MAX PROFESSIONALS I

    Section Image
  • 17 Chelsea Ave Unit 19, Newark, NJ 07106

    $699,000

    • 8 Beds
    • 3 Baths
    • 17 Chelsea Ave
    • Unit 19
    • Newark, NJ

    Welcome to 17-19 Chelsea Ave located at very desirable neighborhood of Newark! Newly renovated 3 family home beautifully redone with many upgrades and a finished basement.. Perfect for a first time homebuyer or Investor! First and second floor offering three bedrooms, one full bath, living room and upgraded kitchen. While third floor has two bedrooms, one full bath, living room and an equipped

    EYAL LEVY KELLER WILLIAMS PARK VIEWS

    Section Image

Source: Garden State MLS

MLS Number: 3942334

Garden State MLS

APN: 14-04198-0000-00110