72 Sunset Ave Unit 76 Newark, NJ 07106
Lower Vailsburg NeighborhoodEstimated payment $4,783/month
Highlights
- Wood Flooring
- Stained Glass
- Multiple cooling system units
- 3 Car Detached Garage
- Porch
- Forced Air Heating and Cooling System
About This Home
Welcome to an exceptional two family opportunity where space, location, and income potential come together! Beautifully renovated across three floors on an oversized double lot. This home delivers the scale, flexibility, and cash-flowing potential today's buyers want and just minutes from Seton Hall University, South Orange, and the Garden State Parkway. Step through a sunny front porch into sun drenched interiors with hardwood floors, central HVAC, and stylish kitchens featuring Samsung appliances, granite countertops, and abundant cabinetry overlooking a sprawling backyard built for entertaining. Both units offer flexible 3"4 bedroom layouts, separate living and dining areas, and a bonus sunroom perfect as a home office, or playroom & porch access. Fully finished basement adds massive value with a full bath and stall shower, laundry, potential kitchenette, extra rooms, recreation space, and abundant storage. Outside, enjoy a fenced yard, extended driveway, and a rare oversized three car garage delivering parking most buyers only dream of. Rents estimated at $3,500-$4,000 for the first-floor unit inc basement. Alternatively $2,500"$3,000 per unit, plus potential income from parking and laundry creating a true cash-flowing asset. Minutes to major highways, Newark Airport, and NYC transit. Qualified buyers may access grant programs through approved lenders for down payment, closing cost. Home has been virtually staged in the interim.
Listing Agent
RE/MAX FIRST REALTY II Brokerage Phone: 862-283-1282 Listed on: 08/08/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,081
Year Built
- Built in 1915 | Remodeled
Lot Details
- 62 Sq Ft Lot
- Wood Fence
- Level Lot
Parking
- 3 Car Detached Garage
- Additional Parking
- Parking Garage Space
- Off-Street Parking
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- Blinds
- Stained Glass
- Finished Basement
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 9 Bedrooms
- 3 Full Bathrooms
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Porch
Utilities
- Multiple cooling system units
- Forced Air Heating and Cooling System
- Multiple Heating Units
- Underground Utilities
- Standard Electricity
- Electric Water Heater
Community Details
- Net Operating Income $99,999
Listing and Financial Details
- Assessor Parcel Number 1614-04060-0000-00040-0000-
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $11,081 | $277,100 | $20,900 | $256,200 |
| 2025 | $11,081 | $277,100 | $20,900 | $256,200 |
| 2024 | $6,095 | $163,500 | $20,900 | $142,600 |
| 2022 | $6,108 | $163,500 | $20,900 | $142,600 |
| 2021 | $6,105 | $163,500 | $20,900 | $142,600 |
| 2020 | $6,213 | $163,500 | $20,900 | $142,600 |
| 2019 | $6,149 | $163,500 | $20,900 | $142,600 |
| 2018 | $6,038 | $163,500 | $20,900 | $142,600 |
| 2017 | $5,821 | $163,500 | $20,900 | $142,600 |
| 2016 | $5,624 | $163,500 | $20,900 | $142,600 |
| 2015 | $5,410 | $163,500 | $20,900 | $142,600 |
| 2014 | $5,070 | $163,500 | $20,900 | $142,600 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/08/2026 09/08/26 | Pending | -- | -- | -- | |
| 08/14/2026 08/14/26 | For Sale | $699,500 | +39.9% | -- | |
| 07/28/2026 07/28/26 | Sold | $500,000 | -23.1% | -- | View Prior Sale |
| 09/26/2025 09/26/25 | Pending | -- | -- | -- | |
| 07/11/2025 07/11/25 | For Sale | $649,999 | 0.0% | -- | |
| 03/15/2025 03/15/25 | Pending | -- | -- | -- | |
| 03/01/2025 03/01/25 | For Sale | $649,999 | -7.1% | -- | |
| 01/12/2024 01/12/24 | Sold | $700,000 | +7.9% | -- | View Prior Sale |
| 11/15/2023 11/15/23 | Pending | -- | -- | -- | |
| 11/04/2023 11/04/23 | For Sale | $649,000 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $700,000 | None Listed On Document | |
| Deed | $355,000 | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available | |
| Deed | $225,000 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $203,945 | FHA | |
| Open | $687,321 | FHA | |
| Previous Owner | $406,000 | New Conventional |
Source: Garden State MLS
MLS Number: 4045728
APN: 14-04060-0000-00040
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