$449,000
OPEN SAT 1PM - 3PM

Estimated payment $3,379/month

Total Views 250
9 Beds
3 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

Don't miss this incredible opportunity to own a spacious 3-family property in the heart of Newark, NJ. This vacant building features three full-floor units, each offering 3 bedrooms and 1 bathroom. While the third-floor unit has minor fire damage, it presents the perfect chance for value-add renovations and customization. Conveniently located near major transportation, schools, and shopping. With some TLC, this property can become a high-yielding asset.

Listing Agent

WANDA NUILA

THE REAL ESTATE COMPANY Brokerage Phone: 908-686-7800 Listed on: 08/06/2025

Open House Schedule

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,047

Year Built

  • Built in 1914

Lot Details

  • 2,614 Sq Ft Lot

Parking

  • Additional Parking

Home Design

  • Vinyl Siding

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 1614-00324-0000-00048-0000-
  • Tax Block *

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,047

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Unit Style: 3-Three Story
  • Year Built: 1914
  • Year Built Description: Approximate
  • County Name: Essex
  • Street Number Display: 507
  • Directions: Grove St to S 19th St
  • I D: 5375823
  • Modified: 2025-08-06
  • Number Images: 23
  • Attribution Contact: 908-686-7800
  • MLS Status: Active
  • Special Features: OpenHouse
  • Property Sub Type: MultiFamily

Interior Features

  • Total Number Rooms: 12
  • Bedrooms: 9
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3

Exterior Features

  • Exterior Description: Vinyl Siding

Garage/Parking

  • Parking Driveway Description: Additional Parking

Utilities

  • Fuel Type: Gas-Natural
  • Heating: Baseboard - Hotwater
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water

Lot Info

  • Lot Size: 25X100
  • Assessed Improvement Value: 259200
  • Assessed Land Value: 31300
  • Assessment: 290500
  • Easement: Unknown
  • Lot Identifier: 48
  • 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: *
  • Tax Amount: 11047
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1614-00324-0000-00048-0000-
  • 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:

Collateral Analytics

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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 $10,830 $290,500 $31,300 $259,200
2024 $10,830 $290,500 $31,300 $259,200
2022 $10,853 $290,500 $31,300 $259,200
2021 $6,591 $176,500 $31,300 $145,200
2020 $6,707 $176,500 $31,300 $145,200
2019 $6,638 $176,500 $31,300 $145,200
2018 $6,518 $176,500 $31,300 $145,200
2017 $6,283 $176,500 $31,300 $145,200
2016 $6,072 $176,500 $31,300 $145,200
2015 $5,840 $176,500 $31,300 $145,200
2014 $5,473 $176,500 $31,300 $145,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2025 08/06/25 For Sale $449,000 -- --
Source: Garden State MLS

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $330,000 Zwiren Title Agency Inc
Deed $295,000 --
Deed $220,000 --
Deed $100,000 --
Deed $95,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $386,250 Construction
Closed $365,000 Construction
Previous Owner $238,000 New Conventional
Previous Owner $289,150 New Conventional
Previous Owner $296,000 Unknown
Previous Owner $221,250 No Value Available
Previous Owner $152,000 No Value Available
Previous Owner $97,950 FHA
Source: Public Records

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Source: Garden State MLS

MLS Number: 3979834

Garden State MLS

APN: 14-00324-0000-00048