$925,000
PENDING

347 N 5th St Unit 349 Newark, NJ 07107

Lower Roseville Neighborhood

Estimated payment $5,730/month

Total Views 1,603
9 Beds
5 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 0.15 Acre Lot
  • Forced Air Heating and Cooling System
  • 2-minute walk to Park Avenue

About This Home

Discover a rare opportunity on a massive 35x186 lot in Newark's desirable North Ward, just steps from Branch Brook Park. This legal 3-family home offers the space, flexibility, and income potential you've been looking for. Perfect for living in one unit while renting the others or adding a solid property to your investment portfolio. Each apartment features three spacious bedrooms, open-concept living and dining areas, and a well-designed kitchen that fits modern lifestyles. The property also includes a double-car garage, an oversized shed, and a huge yard ideal for gatherings, BBQs, and entertainment. Enjoy a convenient location close to bus and light rail service to Newark Penn Station and the PATH train to NYC, with easy access to major highways for a quick commute. With its prime location, rare lot size, and strong income potential, this home offers a perfect blend of comfort, value, and opportunity in one of Newark's fastest-growing neighborhoods.

Listing Agent

KATHERINE CABRERA

FLOROSTONE REALTY INC. Brokerage Phone: 908-445-5339 Listed on: 11/04/2025

Co-Listing Agent

CHRISTOPHER LOPEZ

FLOROSTONE REALTY INC. Brokerage Phone: 908-445-5339

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,549

Year Built

  • Built in 2001

Lot Details

  • 6,398 Sq Ft Lot

Parking

  • 2 Car Garage
  • Parking Garage Space
  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Multiple Heating Units
  • Gas Water Heater

Additional Features

  • Finished Basement

Community Details

  • Net Operating Income $9,999

Listing and Financial Details

  • Assessor Parcel Number 1614-01933-0000-00037-0010-

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,549

Year Built

Built in 2001

Lot Details

0

Parking

2

Listing Details

  • Unit Style: 3-Three Story, Triplex
  • Year Built: 2001
  • Year Built Description: Approximate
  • County Name: Essex
  • Directions: N 5th St between 4th Ave and Park Ave
  • I D: 5394704
  • Attribution Contact: 908-445-5339
  • MLS Status: Under Contract
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 9
  • Total Bathrooms: 5
  • Total Full Bathrooms: 5
  • Basement: Yes
  • Basement Description: Finished

Exterior Features

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

Garage/Parking

  • Garage Description: Garage Parking
  • Number Garage Spaces: 2
  • Number Parking Spaces: 2
  • Parking Driveway Description: 2 Car Width, Concrete, Off-Street Parking

Utilities

  • Cooling: Central Air
  • Fuel Type: Gas-Natural
  • Heating: 3 Units, Forced Hot Air
  • Sewer: Private, Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Lot Size: 6398 SF
  • Easement: Unknown
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.15

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 10549
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1614-01933-0000-00037-0010-
  • Tax Rate Amount: 3.803
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2024

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 $10,341 $277,400 $33,200 $244,200
2024 $10,341 $277,400 $33,200 $244,200
2022 $10,364 $277,400 $33,200 $244,200
2021 $10,358 $277,400 $33,200 $244,200
2020 $10,541 $277,400 $33,200 $244,200
2019 $10,433 $277,400 $33,200 $244,200
2018 $10,244 $277,400 $33,200 $244,200
2017 $9,875 $277,400 $33,200 $244,200
2016 $9,543 $277,400 $33,200 $244,200
2015 $9,179 $277,400 $33,200 $244,200
2014 $8,602 $277,400 $33,200 $244,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2025 11/20/25 Pending -- -- --
11/04/2025 11/04/25 For Sale $925,000 -- --
Source: Garden State MLS

Purchase History

Date Type Sale Price Title Company
Deed -- None Available
Deed $315,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $455,000 Balloon
Previous Owner $299,250 No Value Available
Source: Public Records

Source: Garden State MLS

MLS Number: 3996070

Garden State MLS

APN: 14-01933-0000-00037-10

New Jersey Essex County Newark 07104 Lower Roseville

347 N 5th St Unit 349, Newark, NJ

Pending

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Nearby Homes
Listing Agent
KATHERINE CABRERA
FLOROSTONE REALTY INC.