$479,999

Estimated payment $2,986/month

6 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

Located at 581 S 17th St, Newark, NJ, this well-positioned 2-family home offers a powerful opportunity for both investors and owner-occupants. Each unit features an identical 3-bedroom, 1-bath layout with spacious living areas and strong rental appeal, making it ideal for consistent income and long-term value. The property is fully occupied on month-to-month leases, with tenants currently being assisted through professional relocation creating flexibility for a new owner to move in, set market rents, or both. For an owner-occupant, this is a prime house-hacking opportunity; live in one unit while the other helps offset your mortgage and build equity faster. Located in a commuter-friendly area with access to major highways, public transit, shopping, and dining, this property checks both lifestyle and investment boxes. From a market standpoint, multifamily demand in Newark and Essex County continues to rise, with home values increasing approximately 5?7% year-over-year and strong rental demand supporting long-term growth. This positions the property as a smart buy in a market trending upward.Whether you?re looking to live strategically or invest intelligently, this is an opportunity to do both while securing a foothold in one of North Jersey?s most active real estate markets!

Listing Agent

Tayllor Cooper

COOPER MCKELVEY REAL ESTATE CO. Brokerage Phone: 9734247066 Listed on: 04/18/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,286

Year Built

  • Built in 1907 | Remodeled

Lot Details

  • 3,485 Sq Ft Lot

Parking

  • 1 Parking Space

Home Design

  • Asphalt Shingled Roof
  • Aluminum Siding

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Underground Utilities
  • Standard Electricity

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • Assessor Parcel Number 1614-00341-0000-00018-0000-

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,286

Year Built

Built in 1907 | Remodeled

Lot Details

3,485 Sq Ft Lot

Listing Details

  • Unit Style: 2-Two Story
  • Year Built: 1907
  • Year Built Description: Renovated
  • County Name: Essex
  • Directions: 15th Ave to S 17th St
  • I D: 5425330
  • Attribution Contact: 9734247066
  • MLS Status: Active
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2018

Interior Features

  • Bedrooms: 6
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Unfinished

Exterior Features

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

Garage/Parking

  • Number Parking Spaces: 1
  • Parking Driveway Description: 1 Car Width

Utilities

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

Lot Info

  • Lot Size: 33X100
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.08

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 5286
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1614-00341-0000-00018-0000-
  • Tax Rate Amount: 3.999
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2025

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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 $5,028 $132,200 $32,300 $99,900
2024 $4,928 $132,200 $32,300 $99,900
2022 $4,939 $132,200 $32,300 $99,900
2021 $4,936 $132,200 $32,300 $99,900
2020 $5,024 $132,200 $32,300 $99,900
2019 $4,972 $132,200 $32,300 $99,900
2018 $4,882 $132,200 $32,300 $99,900
2017 $4,706 $132,200 $32,300 $99,900
2016 $4,548 $132,200 $32,300 $99,900
2015 $4,375 $132,200 $32,300 $99,900
2014 $4,100 $132,200 $32,300 $99,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/18/2026 04/18/26 For Sale $479,999 -- --
Source: Garden State MLS

About the Listing Agent

Tayllor Cooper

COOPER MCKELVEY REAL ESTATE CO.

(862) 407-5938

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I approach real estate with the understanding that it represents far more than a transaction—it is a meaningful step toward stability, growth, and long-term opportunity. My work is rooted in helping clients make informed decisions that align with their goals, whether they are purchasing their first home, expanding an investment portfolio, or preparing for their next chapter.

Born and raised in New Jersey, I have a deep appreciation for the communities I serve. Growing up in the City of

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Source: Garden State MLS

MLS Number: 4021638

Garden State MLS

APN: 14 00341-0000-00018

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