368 Elm St Newark, NJ 07105
South Ironbound NeighborhoodEstimated payment $4,723/month
Total Views
59,838
7
Beds
6
Baths
--
Sq Ft
--
Price per Sq Ft
About This Home
Fully renovated in 2023, this legal two-family property (with a finished basement and finished attic) is ideally located in the heart of the Ironbound, just minutes from schools, parks, and public transportation.The home features a new roof, new siding, central air and heating for each unit, and all appliances included, offering true turnkey ownership.Each unit offers three bedrooms, two full bathrooms, a living room, and an eat-in kitchen, providing spacious and functional layouts for occupants.The property also includes a finished basement and finished attic, along with additional income potential through four coin-operated machines (two washers and two dryers) located in the basement.The 2023 renovation delivers a hassle-free, income-producing investment opportunity in one of Newark's most sought-after neighborhoods.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,989
Lot Details
- 2,304 Sq Ft Lot
- Lot Dimensions are 25x92
Home Design
Bedrooms and Bathrooms
- 7 Bedrooms
- 6 Full Bathrooms
Basement
- Laundry in Basement
Community Details
- Coin Laundry
Listing and Financial Details
- Legal Lot and Block 29 / 985
Map
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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 | $6,848 | $183,700 | $72,000 | $111,700 |
| 2024 | $6,848 | $183,700 | $72,000 | $111,700 |
| 2022 | $6,863 | $183,700 | $72,000 | $111,700 |
| 2021 | $6,859 | $183,700 | $72,000 | $111,700 |
| 2020 | $6,981 | $183,700 | $72,000 | $111,700 |
| 2019 | $6,409 | $183,700 | $72,000 | $111,700 |
| 2018 | $6,284 | $183,700 | $72,000 | $111,700 |
| 2017 | $6,040 | $183,700 | $72,000 | $111,700 |
| 2016 | $5,819 | $183,700 | $72,000 | $111,700 |
| 2015 | $5,579 | $183,700 | $72,000 | $111,700 |
| 2014 | $5,197 | $183,700 | $72,000 | $111,700 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/02/2026 02/02/26 | For Sale | $774,900 | -- | -- |
Source: New Jersey MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $640,000 | Surety Title | |
| Deed | $200,000 | Stewart Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $576,000 | New Conventional |
Source: Public Records
About the Listing Agent
I'm an expert real estate agent with RE/MAX Lifetime Realtors in Union, NJ and the nearby area, providing home-buyers and sellers with professional, responsive and attentive real estate services. Want an agent who'll really listen to what you want in a home? Need an agent who knows how to effectively market your home so it sells? Give me a call! I'm eager to help and would love to talk to you.
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Source: New Jersey MLS
MLS Number: 26003649
APN: 14-00985-0000-00029
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.
© 2026 New Jersey Multiple Listing Service Inc. All rights reserved.
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