$550,000

Estimated payment $3,636/month

Total Views 1,098
7 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

Updated two-family home nestled in one of Newark's rapidly growing neighborhoods. Whether you're looking for a savvy investment or a spacious owner-occupant opportunity with rental income, this property delivers both comfort and value.Each unit has been thoughtfully renovated with modern finishes, featuring updated kitchens with stainless steel appliances and refreshed bathrooms that blend style and functionality. Both units offer generous living space, ample natural light, and separate utilities for convenience.The property also has a basement perfect for storage, or additional recreation space. A private backyard provides a perfect retreat for entertaining or relaxing outdoors.Located just minutes from downtown Newark, NJ Transit and PATH stations, and major highways, you'll enjoy easy access to NYC, schools, shops, parks, and the city's exciting wave of new development.

Listing Agent

LAURA HENRIQUEZ

KELLER WILLIAMS VILLAGE SQUARE Brokerage Phone: 347-592-3774 Listed on: 07/15/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,180

Year Built

  • Built in 1900 | Remodeled

Lot Details

  • 25 Sq Ft Lot

Home Design

  • Brick Exterior Construction
  • Aluminum Siding

Interior Spaces

  • Ceiling Fan
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Standard Electricity

Community Details

  • Net Operating Income $999

Listing and Financial Details

  • Assessor Parcel Number 1614-00281-0000-00007-0000-
  • Tax Block *

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,180

Year Built

Built in 1900 | Remodeled

Lot Details

0

Listing Details

  • Unit Style: 3-Three Story
  • Year Built: 1900
  • Year Built Description: Renovated
  • County Name: Essex
  • Renovated Year: 2021
  • Street Number Display: 386
  • Directions: GPS turn on south 9th st
  • I D: 5370430
  • Modified: 2025-07-30
  • Number Images: 17
  • Attribution Contact: 347-592-3774
  • MLS Status: Active
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2021

Interior Features

  • Total Number Rooms: 13
  • Bedrooms: 7
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Full, Unfinished

Exterior Features

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

Utilities

  • Cooling: Ceiling Fan, Window A/C(s)
  • Fuel Type: Gas-Natural
  • Heating: Baseboard - Electric
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water

Lot Info

  • Lot Size: 25.5X93
  • Assessed Improvement Value: 159000
  • Assessed Land Value: 29800
  • Assessment: 188800
  • Easement: Unknown
  • Lot Identifier: 7
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.05

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 7180
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1614-00281-0000-00007-0000-
  • 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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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 $7,038 $188,800 $29,800 $159,000
2024 $7,038 $188,800 $29,800 $159,000
2022 $7,054 $188,800 $29,800 $159,000
2021 $4,059 $108,700 $30,000 $78,700
2020 $4,131 $108,700 $30,000 $78,700
2019 $4,088 $108,700 $30,000 $78,700
2018 $4,014 $108,700 $30,000 $78,700
2017 $3,870 $108,700 $30,000 $78,700
2016 $3,739 $108,700 $30,000 $78,700
2015 $3,597 $108,700 $30,000 $78,700
2014 $3,371 $108,700 $30,000 $78,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2025 07/20/25 For Sale $550,000 +37.8% --
08/27/2021 08/27/21 Sold $399,000 0.0% --
06/23/2021 06/23/21 Pending -- -- --
05/14/2021 05/14/21 For Sale $399,000 +166.0% --
05/11/2020 05/11/20 Sold $150,000 +51.5% --
02/29/2020 02/29/20 For Sale $99,000 -- --
Source: Garden State MLS

Purchase History

Date Type Sale Price Title Company
Deed $399,000 Green Hill Title Llc
Deed $150,000 Foundation Title Llc
Deed $45,000 --
Quit Claim Deed -- --
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $391,773 FHA
Source: Public Records

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Source: Garden State MLS

MLS Number: 3975388

Garden State MLS

APN: 14-00281-0000-00007