$729,000
OPEN SUN 3PM - 5PM

56 Willoughby St Newark, NJ 07112

Weequahic Neighborhood

Estimated payment $4,672/month

Total Views 5,383
8 Beds
5 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Popular Property
  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

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 areas, eat-in kitchens, and modern appliances including gas ranges, refrigerators, microwaves, and dishwashers. The home also includes a finished basement, central air, forced hot air heat, and a built-in garage with a private driveway. With updated systems and a functional layout, this property is move-in ready and positioned in a convenient location close to schools, transportation, and local amenities. Don't miss the opportunity to own a high-yield, low-maintenance home in a growing neighborhood.

Listing Agent

TOVIA LICHTMAN

KELLER WILLIAMS MID-TOWN DIRECT Brokerage Phone: 347-470-6144 Listed on: 07/17/2025

KELLER WILLIAMS MID-TOWN DIRECT

Open House Schedule

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,606

Year Built

  • Built in 2008

Lot Details

  • 2,614 Sq Ft Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities

Additional Features

  • Finished Basement

Community Details

  • Net Operating Income $9,999

Listing and Financial Details

  • Assessor Parcel Number 1614-03052-0000-00018-0000-
  • Tax Block *

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,606

Year Built

Built in 2008

Lot Details

0

Parking

1

Listing Details

  • Unit Style: 2-Two Story
  • Year Built: 2008
  • Year Built Description: Approximate
  • County Name: Essex
  • Street Number Display: 56
  • Directions: Lyons Ave to Willoughby St
  • I D: 5371808
  • Modified: 2025-07-18
  • Number Images: 20
  • Attribution Contact: 347-470-6144
  • MLS Status: Active
  • Special Features: OpenHouse
  • Property Sub Type: MultiFamily

Interior Features

  • Total Number Rooms: 13
  • Bedrooms: 8
  • Total Bathrooms: 5
  • Total Full Bathrooms: 5
  • Basement: Yes
  • Basement Description: Finished

Exterior Features

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

Garage/Parking

  • Garage Description: Built-In Garage
  • Number Garage Spaces: 1
  • Number Parking Spaces: 2
  • Parking Driveway Description: 1 Car Width

Utilities

  • Cooling: Central Air
  • Fuel Type: Gas-Natural
  • Heating: Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: All Underground
  • Water: Public Water

Lot Info

  • Lot Size: 25X100
  • Assessed Improvement Value: 173700
  • Assessed Land Value: 26300
  • Assessment: 200000
  • Lot Identifier: 18
  • 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: 7606
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1614-03052-0000-00018-0000-
  • 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

Range of Values:

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Average Value
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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 $7,456 $200,000 $26,300 $173,700
2022 $7,472 $200,000 $26,300 $173,700
2021 $7,468 $200,000 $26,300 $173,700
2020 $9,014 $237,200 $26,300 $210,900
2019 $8,921 $237,200 $26,300 $210,900
2018 $8,760 $237,200 $26,300 $210,900
2017 $8,444 $237,200 $26,300 $210,900
2016 $8,160 $237,200 $26,300 $210,900
2015 $7,849 $237,200 $26,300 $210,900
2014 $7,356 $237,200 $26,300 $210,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2025 07/17/25 For Sale $729,000 +341.8% --
01/12/2017 01/12/17 Sold $165,000 -2.3% --
06/29/2016 06/29/16 Pending -- -- --
06/08/2016 06/08/16 For Sale $168,900 -- --
Source: Garden State MLS

Purchase History

Date Type Sale Price Title Company
Deed $685,000 Cross Bridge Title
Deed $165,000 Chicago Title Insurance Co
Deed -- None Available
Deed $485,000 Sunrise Title Agency
Quit Claim Deed -- None Available
Deed $62,669 --
Deed $180,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $100,000 Construction
Open $548,000 New Conventional
Previous Owner $467,661 FHA
Previous Owner $173,773 FHA
Source: Public Records

About the Listing Agent

TOVIA LICHTMAN
TOVIA LICHTMAN

KELLER WILLIAMS MID-TOWN DIRECT

(347) 470-6144

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View TOVIA's Profile

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Source: Garden State MLS

MLS Number: 3976070

Garden State MLS

APN: 14-03052-0000-00018

New Jersey Essex County Newark 07112 Weequahic

56 Willoughby St, Newark, NJ

This home is located at 56 Willoughby St, Newark, NJ 07112 and is currently priced at $729,000. This property was built in 2008. 56 Willoughby St is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Chancellor Avenue School, and Peshine Avenue Elementary School.

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TOVIA LICHTMAN
TOVIA LICHTMAN
Listing Agent Section Image
KELLER WILLIAMS MID-TOWN DIRECT
(347) 470-6144