$599,999
OPEN SUN 11AM - 1PM COMING SOON

Estimated payment $3,710/month

6 Beds
2 Baths
-- Sq Ft
55.32 Acres

Highlights

  • 55.32 Acre Lot
  • 2 Car Detached Garage
  • Level Lot

About This Home

Fantastic investment opportunity! This spacious multi-family home offers two units with 3 bedrooms and 1 bath each on the 1st and 2nd floors. With the right vision, this property can truly shine as a gem in your portfolio.Located in a vibrant neighborhood, you'll enjoy easy access to schools, shops, local dining, and public transportation making it highly desirable for renters and homeowners alike. Just minutes from Downtown Newark, major highways, and commuter options into NYC, this property is perfectly situated for convenience and future growth. Whether you're an investor looking for rental income or a buyer ready to bring out its full potential, this home is a must-see! First floor is in good condition with great tenants. This is strictly an AS-IS Sale, Buyer is responsible for ALL town certificates and CO. *Some photos are virtually staged

Listing Agent

Peter Boutros

EXP REALTY, LLC Brokerage Phone: 908-913-8708 Listed on: 09/24/2025

EXP REALTY, LLC

Co-Listing Agent

DANIEL CORREA

EXP REALTY, LLC Brokerage Phone: 908-913-8708

Open House Schedule

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,495

Year Built

  • Built in 1920

Lot Details

  • 55.32 Acre Lot
  • Level Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Aluminum Siding

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Basement

  • Partial Basement

Utilities

  • Window Unit Cooling System
  • Radiator
  • Standard Electricity

Community Details

  • Net Operating Income $99,999

Listing and Financial Details

  • Assessor Parcel Number 1614-01947-0000-00014-0000-
  • Tax Block *

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,495

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Unit Style: 2-Two Story
  • Year Built: 1920
  • Year Built Description: Approximate
  • County Name: Essex
  • Street Number Display: 382-384
  • Directions: Take I-280 to Exit 13, head north on 1st St, turn left on 7th Ave, then right on N 7th St. GPS works fine
  • I D: 5386937
  • Modified: 2025-09-24
  • Number Images: 10
  • Attribution Contact: 908-913-8708
  • MLS Status: Coming Soon
  • Special Features: 33
  • Property Sub Type: MultiFamily

Interior Features

  • Total Number Rooms: 8
  • Bedrooms: 6
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Partial

Exterior Features

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

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 1
  • Parking Driveway Description: 1 Car Width

Utilities

  • Cooling: Window A/C(s)
  • Fuel Type: Gas-Natural
  • Heating: Radiators - Steam
  • Sewer: Public Sewer
  • Utilities: Electric
  • Water: Public Water

Lot Info

  • Lot Size: 0018537.6X130
  • Assessed Improvement Value: 136600
  • Assessed Land Value: 34200
  • Assessment: 170800
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 14
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 55.32

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 6495
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1614-01947-0000-00014-0000-
  • Tax Rate Amount: 3.803
  • Tax Rate Tax: *
  • Tax Rate Year: 2024
  • Tax Year Tax: *
  • Tax Year: 2024

Multi Family

  • Total Number Units: 2

Map

Range of Values:

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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 $6,367 $170,800 $34,200 $136,600
2024 $6,367 $170,800 $34,200 $136,600
2022 $6,381 $170,800 $34,200 $136,600
2021 $6,378 $170,800 $34,200 $136,600
2020 $6,490 $170,800 $34,200 $136,600
2019 $6,424 $170,800 $34,200 $136,600
2018 $6,308 $170,800 $34,200 $136,600
2017 $6,080 $170,800 $34,200 $136,600
2016 $5,876 $170,800 $34,200 $136,600
2015 $5,652 $170,800 $34,200 $136,600
2014 $5,297 $170,800 $34,200 $136,600
Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- --
Source: Public Records

Source: Garden State MLS

MLS Number: 3988790

Garden State MLS

APN: 14-01947-0000-00014