38 Grand Ave Newark, NJ 07106
Lower Vailsburg NeighborhoodEstimated payment $3,541/month
About This Home
A rare find! Discover this beautifully renovated 2-family home featuring spacious layouts and thoughtful upgrades. Each unit offers 3 comfortable bedrooms plus a versatile office/den perfect for working from home or creating a cozy study nook. Both units include 1 full bathroom, airy living spaces with fireplaces, and large eat-in kitchens adorned with granite countertops and elegant wooden cabinets. Outside, the property boasts a long driveway providing ample parking. Whether you're planning to live in one unit while renting the other, or seeking a turnkey investment property, this home delivers flexibility, comfort, and charm. Don't miss out this gem deserves a top spot on your list!
Listing Agent
EYAL LEVY
KELLER WILLIAMS PARK VIEWS Brokerage Phone: 201-640-0487 Listed on: 09/03/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,183
Year Built
- Built in 1915
Parking
- 4 Parking Spaces
Home Design
- Vinyl Siding
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Full Bathrooms
Additional Features
- 3,920 Sq Ft Lot
- Forced Air Heating System
- Unfinished Basement
Community Details
- Net Operating Income $999
Listing and Financial Details
- Assessor Parcel Number 1614-04206-0000-00035-0000-
- Tax Block *
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 | $4,101 | $110,000 | $13,000 | $97,000 |
| 2024 | $4,101 | $110,000 | $13,000 | $97,000 |
| 2022 | $4,110 | $110,000 | $13,000 | $97,000 |
| 2021 | $4,107 | $110,000 | $13,000 | $97,000 |
| 2020 | $4,180 | $110,000 | $13,000 | $97,000 |
| 2019 | $4,137 | $110,000 | $13,000 | $97,000 |
| 2018 | $4,062 | $110,000 | $13,000 | $97,000 |
| 2017 | $3,916 | $110,000 | $13,000 | $97,000 |
| 2016 | $3,784 | $110,000 | $13,000 | $97,000 |
| 2015 | $3,640 | $110,000 | $13,000 | $97,000 |
| 2014 | $3,411 | $110,000 | $13,000 | $97,000 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/16/2025 09/16/25 | Pending | -- | -- | -- |
| 09/03/2025 09/03/25 | For Sale | $599,000 | +698.7% | -- |
| 07/06/2017 07/06/17 | Sold | $75,000 | 0.0% | -- |
| 05/04/2017 05/04/17 | Pending | -- | -- | -- |
| 04/28/2017 04/28/17 | For Sale | $75,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | -- | Os National Resware | |
| Special Warranty Deed | $75,000 | None Available | |
| Deed | $200,000 | -- | |
| Deed | $150,000 | -- | |
| Deed | $115,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $4,076,000 | Commercial | |
| Previous Owner | $196,900 | FHA | |
| Previous Owner | $108,250 | No Value Available |
Source: Garden State MLS
MLS Number: 3984516
APN: 14-04206-0000-00035
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