61 Columbia Ave Newark, NJ 07106
Lower Vailsburg NeighborhoodEstimated payment $4,216/month
About This Home
Welcome to this fully renovated 3-family home. perfect for both Owner-occupants or investors. This stunning property has been completely renovated from the beams up, offering a modern and fresh living space across all three units. Brand-new heating systems: 3 separate systems for each unit, providing energy efficiency and convenience 3 new hot water tanks. First Floor: Spacious 3-bedroom, 1-bath unit. Potential rent: $2,300/month. Second Floor: Beautiful 3-bedroom, 2-full bath, Primary Bedroom with its own full bath and walk in closest. Rented: $2,500/month. Third Floor: 1-bedroom, 1-bath unit, Potential rent: $1,700/month. Washer and dryer hookup ready in 1&2nd unit. A large open basement with future potential for finishing. Owner Occupant or Investment Property Whether you're looking for a multi-family home to live in while renting out the other units, or a pure investment opportunity, this property provides excellent rental income potential. Don't miss out on this turn-key property!
Listing Agent
BISHOY MEGALLA
KELLER WILLIAMS TEAM REALTY Brokerage Phone: 973-234-2307 Listed on: 08/07/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,004
Year Renovated
- 2024
Lot Details
- 31 Sq Ft Lot
- Level Lot
Parking
- On-Street Parking
Home Design
- Aluminum Siding
Bedrooms and Bathrooms
- 7 Bedrooms
- 4 Full Bathrooms
Utilities
- Window Unit Cooling System
- Multiple Heating Units
- Gas Water Heater
Additional Features
- Unfinished Basement
Community Details
- 2,965 Sq Ft Building
Listing and Financial Details
- Assessor Parcel Number 1614-04034-0000-00062-0000-
- Tax Block *
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,965 | $52,700 | $17,000 | $35,700 |
| 2024 | $1,965 | $52,700 | $17,000 | $35,700 |
| 2022 | $1,969 | $52,700 | $17,000 | $35,700 |
| 2021 | $1,968 | $52,700 | $17,000 | $35,700 |
| 2020 | $2,003 | $52,700 | $17,000 | $35,700 |
| 2019 | $1,982 | $52,700 | $17,000 | $35,700 |
| 2018 | $1,946 | $52,700 | $17,000 | $35,700 |
| 2017 | $1,876 | $52,700 | $17,000 | $35,700 |
| 2016 | $1,813 | $52,700 | $17,000 | $35,700 |
| 2015 | $1,744 | $52,700 | $17,000 | $35,700 |
| 2014 | $1,634 | $52,700 | $17,000 | $35,700 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/07/2025 08/07/25 | For Sale | $749,000 | +9.3% | $253 / Sq Ft |
| 12/20/2024 12/20/24 | Sold | $685,000 | +2.4% | -- |
| 12/02/2024 12/02/24 | Pending | -- | -- | -- |
| 10/26/2024 10/26/24 | For Sale | $669,000 | +190.9% | -- |
| 08/20/2021 08/20/21 | Sold | $230,000 | +7.0% | -- |
| 07/08/2021 07/08/21 | Pending | -- | -- | -- |
| 06/28/2021 06/28/21 | For Sale | $214,900 | 0.0% | -- |
| 06/22/2021 06/22/21 | Pending | -- | -- | -- |
| 05/26/2021 05/26/21 | For Sale | $214,900 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $685,000 | None Listed On Document | |
| Deed | $230,000 | Coastal Title | |
| Deed | $210,000 | -- | |
| Deed | $160,000 | -- | |
| Deed | $115,000 | -- | |
| Deed | $75,000 | -- | |
| Deed | $75,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $513,750 | New Conventional | |
| Previous Owner | $168,000 | No Value Available | |
| Previous Owner | $144,000 | No Value Available | |
| Previous Owner | $98,000 | No Value Available | |
| Previous Owner | $64,000 | No Value Available |
Source: Garden State MLS
MLS Number: 3979982
APN: 14-04034-0000-00062
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