87 2nd St Newark, NJ 07107
Fairmount NeighborhoodEstimated payment $4,286/month
About This Home
Super Low Taxes in this Turnkey multi-family in the heart of Lower Roseville, one of Newark's most convenient and steadily appreciating neighborhoods minutes to Broad Street Station, major highways (Routes 280/21), and Newark's growing retail and dining corridor.First Floor: Fully ready to rent 3 bedrooms, 1 bath. new kitchen, updated bath, fresh flooring, paint, and fixtures throughout. Move-in ready with strong rental income potential. Second & Third Floors: A spacious 5-bedroom, 2-bath duplex unit spanning both levels ideal for a large family or high-demand rental. Generous room sizes, great natural light, and flexible layout, with excellent income potential of its own. Two units, one great opportunity a compelling cash-flow play for investors, or a smart move for an owner-occupant who wants to live in one unit and let the other help offset the mortgage. Whether you're an investor seeking cash flow in an appreciating Newark submarket, or a family looking to reduce housing costs while building equity, 87 2nd Street delivers flexibility, renovated quality, and location all in one property. Don't miss this rare two-unit offering in Lower Roseville. Schedule your showing today!
Open House Schedule
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Sunday, September 20, 20262:00 to 4:00 pm9/20/2026 2:00:00 PM +00:009/20/2026 4:00:00 PM +00:00Add to Calendar
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,702
Home Design
Bedrooms and Bathrooms
- 8 Bedrooms
- 3 Full Bathrooms
Additional Features
- 2,500 Sq Ft Lot
- Natural Gas Connected
Community Details
- No Laundry Facilities
Listing and Financial Details
- Legal Lot and Block 33 / 1879
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 | $5,703 | $142,600 | $20,200 | $122,400 |
| 2025 | $5,703 | $142,600 | $20,200 | $122,400 |
| 2024 | $5,316 | $142,600 | $20,200 | $122,400 |
| 2022 | $5,328 | $142,600 | $20,200 | $122,400 |
| 2021 | $5,325 | $142,600 | $20,200 | $122,400 |
| 2020 | $5,419 | $142,600 | $20,200 | $122,400 |
| 2019 | $5,363 | $142,600 | $20,200 | $122,400 |
| 2018 | $5,266 | $142,600 | $20,200 | $122,400 |
| 2017 | $5,077 | $142,600 | $20,200 | $122,400 |
| 2016 | $4,905 | $142,600 | $20,200 | $122,400 |
| 2015 | $4,719 | $142,600 | $20,200 | $122,400 |
| 2014 | $4,422 | $142,600 | $20,200 | $122,400 |
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 |
|---|---|---|---|---|
| 09/18/2026 09/18/26 | For Sale | $675,000 | -- | -- |
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 |
|---|---|---|---|
| Bargain Sale Deed | -- | Fortune Title Agency Inc | |
| Deed | -- | None Available | |
| Deed | $66,000 | -- |
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 |
|---|---|---|---|
| Previous Owner | $150,000 | Purchase Money Mortgage |
Source: New Jersey MLS
MLS Number: 26035681
APN: 14-01879-0000-00033
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.
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