$789,000
PENDING NEW CONSTRUCTION

Estimated payment $4,598/month

Total Views 186
7 Beds
4.5 Baths
3,792 Sq Ft
$208 Price per Sq Ft

Highlights

  • 2 Car Attached Garage
  • Private Driveway
  • Under Construction
  • Central Air

About This Home

Brand new contemporary style 2-family home. Ground floor: 2-car built in garage in front, rec room, tv room, bedroom, and half-bath in rear. Second floor: 3 bedroom/2 bathroom apartment. Third floor: 3 bedroom/2 bathroom apartment. Central air conditioning/forced air heat throughout. Hardwood and ceramic tile floors throughout. The highest in quality materials and craftsmanship. Home is eligible for 5 year property tax abatement. Affordable housing restrictions apply. Buyer must be an owner-occupant and remain in the home for 10 years. Rental unit must be reserved for a moderate income occupant. These requirements will be included in a deed restriction to be agreed to by buyer duriing attorney review. See media section for sample deed containing all requirements. Estimated occupancy for October 15, 2025. View the finished homes just around the corner at 42 and 44 Blum Street for a general idea of what this fproperty will look like when construction is finished.

Listing Agent

Shawn Rosa

ROSA AGENCY Brokerage Phone: 973-751-1000 Listed on: 07/03/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,893

Year Built

  • Built in 2025 | Under Construction

Lot Details

  • 2,614 Sq Ft Lot

Parking

  • 2 Car Attached Garage
  • Private Driveway

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Bedrooms and Bathrooms

  • 7 Bedrooms

Utilities

  • Central Air
  • Multiple Heating Units
  • Gas Water Heater

Community Details

  • 3,792 Sq Ft Building

Listing and Financial Details

  • Assessor Parcel Number 1614-00308-0000-00006-0000-
  • Tax Block *

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,893

Year Built

Built in 2025 | Under Construction

Lot Details

0

Parking

2

Listing Details

  • Unit Style: 3-Three Story
  • Year Built: 2025
  • Year Built Description: Under Construction
  • County Name: Essex
  • Street Number Display: 497
  • Directions: On South 10th Street between 16th Avenue and Belgium Street
  • I D: 5369370
  • Modified: 2025-07-14
  • Number Images: 1
  • Attribution Contact: 973-751-1000
  • MLS Status: Under Contract
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Total Number Rooms: 15
  • Bedrooms: 7
  • Total Full Bathrooms: 4
  • Total Number of Half Bathrooms: 1
  • Basement Description: Slab

Exterior Features

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

Garage/Parking

  • Garage Description: Built-In Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 1
  • Parking Driveway Description: Blacktop, Driveway-Exclusive

Utilities

  • Cooling: Central Air
  • Fuel Type: Gas-Natural
  • Heating: 2 Units
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Home Warranty: Yes

Lot Info

  • Lot Size: 27X92
  • Assessed Improvement Value: 47400
  • Assessed Land Value: 30200
  • Assessment: 77600
  • Lot Identifier: 6
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.06

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Assessor Parcel Number: 1614-00308-0000-00006-0000-
  • 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

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 $2,893 $77,600 $30,200 $47,400
2024 $2,893 $77,600 $30,200 $47,400
2022 $2,899 $77,600 $30,200 $47,400
2021 $2,898 $77,600 $30,200 $47,400
2020 $0 $77,600 $30,200 $47,400
2019 $0 $77,600 $30,200 $47,400
2018 $0 $77,600 $30,200 $47,400
2017 $0 $77,600 $30,200 $47,400
2016 $0 $77,600 $30,200 $47,400
2015 -- $77,600 $30,200 $47,400
2014 -- $77,600 $30,200 $47,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2025 07/14/25 Pending -- -- --
07/03/2025 07/03/25 For Sale $789,000 -- $208 / Sq Ft
Source: Garden State MLS

Purchase History

Date Type Sale Price Title Company
Not Resolvable $4,968 Fidelity Natl Ttl Ins Llc
Deed $63,664 --
Deed $64,000 --
Deed $115,000 --
Deed $25,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $75,000 No Value Available
Source: Public Records

Similar Homes in Newark, NJ

  • 397-399 18th Ave, Newark, NJ 07108

    $649,000

    • 6 Beds
    • 3 Baths
    • 2,268 Sq Ft
    • 397-399 18th Ave
    • Newark, NJ

    Located at 397 18th Ave in Newark, this spacious two-story renovated multi-family home offers a unique opportunity for investors and homeowners seeking a versatile living space. The property features a well-maintained layout with six generously sized bedrooms and three full bathrooms, providing ample room for residents or potential rental income. The first floor includes an inviting living area

    TOVIA LICHTMAN KELLER WILLIAMS MID-TOWN DIRECT

    Section Image
  • 629 S 18th St, Newark, NJ 07103

    $769,000

    • 6 Beds
    • 5 Baths
    • 629 S 18th St
    • Newark, NJ

    Nestled on a tranquil, tree-lined street, this charming home is just steps away from South Seventeenth Street Elementary School, making it an ideal choice for those seeking convenience and community. Both the 1st & 2nd floor offer an inviting open layout of the living/dining room which seamlessly blends comfort with functionality, perfect for entertaining or gatherings. With three generously

    David Vanegas EMPIRE REAL ESTATE

    Section Image
  • 63 Chadwick Ave, Newark, NJ 07108

    $729,000

    • 7 Beds
    • 5 Baths
    • 63 Chadwick Ave
    • Newark, NJ

    Modern Living Meets Rental Potential at 63 Chadwick Ave, Newark! This fully renovated legal 2-family home offers the perfect blend of style, space, and function featuring a total of 7 bedrooms and 5 bathrooms. Each unit boasts 3 spacious bedrooms and 2 full bathrooms, including a private master suite with its own bath, open-concept layouts, hardwood floors throughout, central air, and beautifully

    TOVIA LICHTMAN KELLER WILLIAMS MID-TOWN DIRECT

    Section Image
  • 22 Speedway Ave, Newark, NJ 07106

    $879,000

    • 6 Beds
    • 4.5 Baths
    • 22 Speedway Ave
    • Newark, NJ

    Brand new construction in 2025! Welcome to 22 Speedway Avenue, a stunning newly built 2-family home in Newark, offering modern design, comfort, and strong investment potential. This under/over-style property features two spacious units: Unit 1 includes 3 bedrooms, 2.5 baths, a large living/dining area, and a beautiful eat-in kitchen; Unit 2 offers 3 bedrooms, 2 full baths, and a bright, open

    TOVIA LICHTMAN KELLER WILLIAMS MID-TOWN DIRECT

    Section Image
  • 63-65 Milford Ave, Newark, NJ 07108

    $729,900

    • 6 Beds
    • 4 Baths
    • 63-65 Milford Ave
    • Newark, NJ

    Welcome to 63-65 Milford Avenue!!! This Fantastic, well-maintained two-family home is conveniently located in the desirable South Broad Neighborhood. Offering easy access to EWR - Newark Liberty International Airport, Downtown Newark, all major public transportation, and a short commute to NYC. Features an Open floor Plan Concept, Kitchen, Living / Dining Room, three bedrooms, and two full

    Augusto Verissimo WEICHERT REALTORS - HOME CITY

    Section Image
  • 51 Schley St Unit 53, Newark, NJ 07112

    $719,000

    • 9 Beds
    • 5 Baths
    • 51 Schley St
    • Unit 53
    • Newark, NJ

    Located at 51 Schley St in Newark, this expansive 3-story multi-family home presents an excellent investment opportunity or a spacious living arrangement. Featuring 9 bedrooms and 6 bathrooms, the property offers generous living space across three well-designed floors. Each level is thoughtfully laid out for privacy and functionality, with large living areas and an abundance of natural light. The

    TOVIA LICHTMAN KELLER WILLIAMS MID-TOWN DIRECT

    Section Image
  • 141 Fabyan Place, Newark, NJ 07112

    $649,000

    • 5 Beds
    • 3 Baths
    • 2,246 Sq Ft
    • 141 Fabyan Place
    • Newark, NJ

    Welcome to 141 Fabyan Place, a beautifully renovated two-family home offering a strong investment opportunity in a convenient Newark location. This updated property features a total of 5 bedrooms and 3 full bathrooms across two spacious units. The first unit includes 2 bedrooms and 1 bathroom, while the second offers 3 bedrooms and 2 bathrooms, each with eat-in kitchens, open living/dining areas,

    TOVIA LICHTMAN KELLER WILLIAMS MID-TOWN DIRECT

    Section Image
  • 56 Willoughby St, Newark, NJ 07112

    $729,000

    • 8 Beds
    • 5 Baths
    • 56 Willoughby St
    • Newark, NJ

    Welcome to 56 Willoughby Street, a spacious and well-maintained two-family home located in the heart of Newark. This modern property offers a total of 8 bedrooms and 5 full bathrooms across two large units, making it ideal for both investors and extended households. Unit 1 features 5 bedrooms and 3 full baths, while Unit 2 offers 3 bedrooms and 2 full baths each with generous living and dining

    TOVIA LICHTMAN KELLER WILLIAMS MID-TOWN DIRECT

    Section Image
  • 143 Tichenor St, Newark, NJ 07105

    $769,900

    • 8 Beds
    • 5.5 Baths
    • 143 Tichenor St
    • Newark, NJ

    Welcome!!! TO THIS RARE INVESTMENT OPPORTUNITY!!! Money Maker! Well-maintained three-family home conveniently located in the sought-after Ironbound section. Everything is just steps from your door. local recreational parks, close to all major public transportation to NYC or Newark International Liberty Airport. It features a ground-level apartment kitchen, living room, two bedrooms, and a full

    Augusto Verissimo WEICHERT REALTORS - HOME CITY

    Section Image

Source: Garden State MLS

MLS Number: 3973256

Garden State MLS

APN: 14-00308-0000-00006