$865,000

564 Broadway Newark, NJ 07104

North Broadway Neighborhood

Estimated payment $5,152/month

Total Views 579
7 Beds
4 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

GREAT INVESTMENT OPPORTUNITY!! WELL MAINTAINED/ GOOD CONDITION FOUR FAMILY LOCATED IN THE CENTER OF NORTH NEWARK. Fully occupied and generating $5,575/month in rental income. Low property taxes make this an excellent investment opportunity. Units feature hardwood floors, high ceilings, a Huge living room/dining room, and are in good condition. Owner pays heat for Units 2,3, and 4 (avg. $200/month). Unit 1 has central A/C installed less than 5 years ago. Annual insurance $4,300. Strong cash flow with stable tenants in place. Convenient North Ward location near schools, shops, and transportation.

Listing Agent

OSCAR ALBAN

C-21 SEMIAO & ASSOCIATES Brokerage Phone: 201-991-1300 Listed on: 09/12/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,514

Year Built

  • Built in 1920

Lot Details

  • 27 Sq Ft Lot

Home Design

  • Vinyl Siding

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Multiple Heating Units
  • Radiator
  • Gas Water Heater

Additional Features

  • Finished Basement

Listing and Financial Details

  • Assessor Parcel Number 1614-00679-0000-00063-0000-
  • Tax Block *

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,514

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Year Built: 1920
  • Year Built Description: Approximate
  • County Name: Essex
  • Street Number Display: 564
  • Directions: Between Chester Ave E and Delavan Ave
  • I D: 5384664
  • Modified: 2025-09-12
  • Number Images: 29
  • Attribution Contact: 201-991-1300
  • MLS Status: Active
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Number Rooms: 17
  • Bedrooms: 7
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Basement: Yes
  • Basement Description: Finished

Exterior Features

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

Utilities

  • Cooling: 1 Unit, Central Air, Wall A/C Unit(s), Window A/C(s)
  • Fuel Type: Gas-Natural
  • Heating: 2 Units, Forced Hot Air, Radiators - Hot Water
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Lot Size: 27.3X104.6
  • Assessed Improvement Value: 147600
  • Assessed Land Value: 23700
  • Assessment: 171300
  • Easement: Unknown
  • Lot Identifier: 63
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.07

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 6514
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1614-00679-0000-00063-0000-
  • Tax Rate Amount: 3.803
  • Tax Rate Tax: *
  • Tax Rate Year: 2024
  • Tax Year Tax: *
  • Tax Year: 2024

Multi Family

  • Total Number Units: 4

Map

Range of Values:

Collateral Analytics

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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
2025 $6,386 $171,300 $23,700 $147,600
2024 $6,386 $171,300 $23,700 $147,600
2022 $6,400 $171,300 $23,700 $147,600
2021 $6,396 $171,300 $23,700 $147,600
2020 $6,509 $171,300 $23,700 $147,600
2019 $6,443 $171,300 $23,700 $147,600
2018 $6,326 $171,300 $23,700 $147,600
2017 $6,098 $171,300 $23,700 $147,600
2016 $5,893 $171,300 $23,700 $147,600
2015 $5,668 $171,300 $23,700 $147,600
2014 $5,312 $171,300 $23,700 $147,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2025 09/12/25 For Sale $865,000 -- --
Source: Garden State MLS

Purchase History

Date Type Sale Price Title Company
Deed $225,000 --
Deed $225,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $515,250 New Conventional
Previous Owner $50,000 Unknown
Source: Public Records

Source: Garden State MLS

MLS Number: 3986683

Garden State MLS

APN: 14-00679-0000-00063

New Jersey Essex County Newark 07104 North Broadway

564 Broadway, Newark, NJ

This home is located at 564 Broadway, Newark, NJ 07104 and is currently priced at $865,000. This property was built in 1920. 564 Broadway is a home located in Essex County with nearby schools including Elliott Street Elementary School, Rafael Hernandez School, and Ridge Street Elementary School.

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Nearby Homes
Listing Agent
OSCAR ALBAN
C-21 SEMIAO & ASSOCIATES