$869,000
PENDING

Estimated payment $5,639/month

Total Views 281,769
8 Beds
6 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Private Driveway

About This Home

Don't miss this incredible opportunity to own a beautifully maintained three-family property in phenomenal condition, located in the heart of Newark, NJ. Each unit offers spacious layouts with modern finishes, abundant natural light, and well-kept interiors that reflect true pride of ownership. With updated kitchens, hardwood floors, and separate utilities, this is a turnkey investment with low maintenance. Situated just minutes from public transportation, major highways, and downtown Newark, this property offers unbeatable convenience for commuters and tenants alike. Highlights Include: Three spacious units. Excellent condition throughout. Prime location near public transit & shopping. Great income-producing potential.

Listing Agent

Carlie Carreira

EXP REALTY, LLC Brokerage Phone: 973-583-0149 Listed on: 06/20/2025

EXP REALTY, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,842

Year Built

  • Built in 2007

Lot Details

  • 3,375 Sq Ft Lot

Parking

  • 2 Car Attached Garage
  • Private Driveway

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Multiple Heating Units

Listing and Financial Details

  • Assessor Parcel Number 1614-00340-0000-00048-0001-
  • Tax Block *

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,842

Year Built

Built in 2007

Lot Details

0

Parking

2

Listing Details

  • Unit Style: 2-Two Story
  • Year Built: 2007
  • Year Built Description: Approximate
  • County Name: Essex
  • Street Number Display: 586
  • Directions: Please use google maps.
  • I D: 5366547
  • Modified: 2025-08-12
  • Number Images: 34
  • Attribution Contact: 973-583-0149
  • MLS Status: Under Contract
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Number Rooms: 16
  • Bedrooms: 8
  • Total Bathrooms: 6
  • Total Full Bathrooms: 6

Exterior Features

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

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 2
  • Parking Driveway Description: Driveway-Exclusive

Utilities

  • Cooling: 3 Units, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 3 Units, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water

Lot Info

  • Lot Size: 3375 SF
  • Assessed Improvement Value: 252700
  • Assessed Land Value: 32400
  • Assessment: 285100
  • Easement: Unknown
  • Lot Identifier: 48.01
  • 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: 10842
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1614-00340-0000-00048-0001-
  • 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:

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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 $10,629 $285,100 $32,400 $252,700
2024 $10,629 $285,100 $32,400 $252,700
2022 $10,651 $285,100 $32,400 $252,700
2021 $8,026 $285,100 $32,400 $252,700
2020 $10,834 $285,100 $32,400 $252,700
2019 $10,723 $285,100 $32,400 $252,700
2018 $10,529 $285,100 $32,400 $252,700
2017 $10,150 $285,100 $32,400 $252,700
2016 $9,807 $285,100 $32,400 $252,700
2015 $9,434 $285,100 $32,400 $252,700
2014 $8,841 $285,100 $32,400 $252,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2025 08/12/25 Pending -- -- --
06/20/2025 06/20/25 For Sale $869,000 +190.6% --
04/07/2015 04/07/15 Sold $299,000 -- --
Source: Garden State MLS

Purchase History

Date Type Sale Price Title Company
Deed $299,000 --
Bargain Sale Deed $517,500 First American Title Ins Co
Deed $350,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $521,288 FHA
Previous Owner $513,585 FHA
Previous Owner $509,504 FHA
Source: Public Records

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Source: Garden State MLS

MLS Number: 3970813

Garden State MLS

APN: 14-00340-0000-00048-01