$579,000

Estimated payment $3,550/month

Total Views 3,784
5 Beds
3 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

Great Investment Opportunity in the Desirable Forest Hills Section of Newark! This well-maintained two-family home offers both comfort and income potential. The first-floor unit features 2 spacious bedrooms, 1 full bathroom, a large eat-in kitchen, and an open living/dining area perfect for modern living. The second-floor unit offers even more space, with 3 generously sized bedrooms, 1 full bathroom, and a convenient half bath. Both units were tastefully renovated just four years ago and remain in excellent condition. The walk-out finished basement, complete with a full bathroom, provides additional space ideal for storage, recreation, or entertainment. The property also features a convenient garage and ample on-street parking. Each unit is currently rented, making this an ideal opportunity for investors or owner-occupants seeking rental income. Very low taxes. Conveniently located near shops, major highways, Newark Penn Station and downtown, Branch Brook Park, and Newark Airport

Listing Agent

Nancy Rosa

Rosa Agency Elizabeth, Inc. Listed on: 06/17/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,111

Lot Details

  • 1,873 Sq Ft Lot
  • Lot Dimensions are 18.9 x 99.10

Parking

  • 1 Car Garage

Home Design

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Listing and Financial Details

  • Legal Lot and Block 30 / 626.0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,111

Lot Details

0

Parking

1

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • Co List Office Phone: 908-289-5200
  • MLS Status: Active - Active Attorney Review
  • Directions: broadway to Summer Avenue
  • Architectural Style: 2 Family
  • Year Built Details: 1950's,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Basement Remarks: yes full finished

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - Yes

Garage/Parking

  • Garage Spaces: 1.0

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sep Heat

Lot Info

  • Lot Dimensions: 18.9 x 99.10
  • Lot Size Sq Ft: 1873.0

Tax Info

  • Tax Annual Amount: 4111.0
  • Tax Block: 626.0
  • Tax Lot: 30

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
2024 $4,030 $108,100 $17,700 $90,400
2022 $4,039 $108,100 $17,700 $90,400
2021 $4,115 $110,200 $17,700 $92,500
2020 $4,188 $110,200 $17,700 $92,500
2019 $4,145 $110,200 $17,700 $92,500
2018 $4,070 $110,200 $17,700 $92,500
2017 $3,923 $110,200 $17,700 $92,500
2016 $3,791 $110,200 $17,700 $92,500
2015 $3,647 $110,200 $17,700 $92,500
2014 $3,417 $110,200 $17,700 $92,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2025 07/08/25 Pending -- -- --
06/21/2025 06/21/25 For Sale $579,000 -- --
Source: New Jersey MLS

Purchase History

Date Type Sale Price Title Company
Deed $53,000 None Available
Bargain Sale Deed $53,000 Stewart Title Guaranty Co
Sheriffs Deed -- Land Title Services Of New J
Deed $292,000 --
Deed $159,000 --
Deed $63,000 --
Deed $78,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $221,000 New Conventional
Closed $221,000 New Conventional
Closed $210,000 Stand Alone Refi Refinance Of Original Loan
Closed $108,750 New Conventional
Previous Owner $204,400 New Conventional
Previous Owner $175,500 Adjustable Rate Mortgage/ARM
Previous Owner $153,315 FHA
Closed -- No Value Available
Source: Public Records

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Source: New Jersey MLS

MLS Number: 25021092

New Jersey MLS

APN: 14-00626-01-00030