$725,000

48 Cedar Ave Unit 50 Newark, NJ 07106

Lower Vailsburg Neighborhood

Estimated payment $4,128/month

Total Views 2,936
9 Beds
3 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

Presenting a rare three-family home in the heart of Newark's Lower Vailsburg, an evolving neighborhood. This versatile property spans three unique units, complete with a detached garage and drive access. Whether you're an investor seeking rental income or a homeowner looking for rental income, this gem offers endless opportunity. Positioned in a lively, walkable community

Listing Agent

HERNAN CASTRO

THE REAL ESTATE COMPANY Brokerage Phone: 908-686-7800 Listed on: 08/21/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,898

Year Built

  • Built in 1930

Parking

  • 1 Car Detached Garage

Home Design

  • Wood Siding

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Multiple Heating Units
  • Standard Electricity

Additional Features

  • Basement Fills Entire Space Under The House
  • 37 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 1614-04214-0000-00035-0000-

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,898

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Unit Style: 2-Two Story
  • Year Built: 1930
  • Year Built Description: Approximate
  • County Name: Essex
  • Directions: Between Mountain ave & Arsdale Pl
  • I D: 5380026
  • Attribution Contact: 908-686-7800
  • MLS Status: Active
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 9
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Basement: Yes
  • Basement Description: Finished, Full

Exterior Features

  • Exterior Description: Wood
  • Roof Description: Asphalt Shingle

Garage/Parking

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

Utilities

  • Cooling: Window A/C(s)
  • Fuel Type: Gas-Natural
  • Heating: 3 Units
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water

Lot Info

  • Lot Size: 37.6X100
  • Easement: Unknown
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.09

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 3898
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1614-04214-0000-00035-0000-
  • Tax Rate Amount: 3.803
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2024

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $3,571 $269,900 $12,800 $257,100
2024 $3,571 $102,500 $12,800 $89,700
2022 $3,579 $102,500 $12,800 $89,700
2021 $3,577 $102,500 $12,800 $89,700
2020 $3,645 $102,500 $12,800 $89,700
2019 $3,605 $102,500 $12,800 $89,700
2018 $3,535 $102,500 $12,800 $89,700
2017 $3,399 $102,500 $12,800 $89,700
2016 $3,276 $102,500 $12,800 $89,700
2015 $3,142 $102,500 $12,800 $89,700
2014 $2,929 $102,500 $12,800 $89,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/22/2025 08/22/25 For Sale $725,000 -- --
Source: Garden State MLS

Purchase History

Date Type Sale Price Title Company
Deed $735,000 Worldwide Title
Deed $450,000 Stewart Title
Deed $350,000 American Land Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $698,250 New Conventional
Previous Owner $378,000 New Conventional
Source: Public Records

Source: Garden State MLS

MLS Number: 3982594

Garden State MLS

APN: 14-04214-0000-00035

New Jersey Essex County Newark 07106 Lower Vailsburg

48 Cedar Ave Unit 50, Newark, NJ

For Sale

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.

Garden State MLS The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.
Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.



This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

Nearby Homes
Listing Agent
HERNAN CASTRO
THE REAL ESTATE COMPANY