$725,000

48 Cedar Ave Unit 50 Newark, NJ 07106

Lower Vailsburg Neighborhood

Estimated payment $4,276/month

Total Views 29
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 Parking Space

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-
  • Tax Block *

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
  • Street Number Display: 48
  • Directions: Between Mountain ave & Arsdale Pl
  • I D: 5380026
  • Modified: 2025-08-24
  • Number Images: 23
  • Attribution Contact: 908-686-7800
  • MLS Status: Active
  • Special Features: OpenHouse
  • Property Sub Type: MultiFamily

Interior Features

  • Total Number Rooms: 16
  • 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
  • Assessed Improvement Value: 257100
  • Assessed Land Value: 12800
  • Assessment: 269900
  • Easement: Unknown
  • Lot Identifier: 35
  • 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 Rate Year: 2024
  • Tax Year Tax: *
  • Tax Year: 2024

Multi Family

  • Total Number Units: 3

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 $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 Change Sq Ft Price
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
Closed $698,250 New Conventional
Previous Owner $378,000 New Conventional
Source: Public Records

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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

This home is located at 48 Cedar Ave Unit 50, Newark, NJ 07106 and is currently priced at $725,000. This property was built in 1930. 48 Cedar Ave Unit 50 is a home located in Essex County with nearby schools including Lincoln Elementary School, Mt. Vernon School, and Hawthorne Avenue Elementary School.

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Nearby Homes
Listing Agent
HERNAN CASTRO
THE REAL ESTATE COMPANY