$559,000
PENDING

Estimated payment $3,631/month

Total Views 368,470
7 Beds
3 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 0.06 Acre Lot
  • Forced Air Heating and Cooling System
  • 5-minute walk to Raymond A. Brown Park

About This Home

Prime Investment Opportunity " 3-Family Home in the Heart of Newark's Business District. Don't miss this exceptional opportunity to own a well-maintained three-family home situated in one of Newark's most sought-after locations right in the heart of the thriving business district. This property offers unmatched potential in a high-demand area. Each unit features a functional layout with spacious rooms, ample natural light, and solid rental appeal. The property is ideally positioned near major employers, transportation hubs, shopping, dining, and entertainment making it an attractive choice for tenants and commuters alike. With strong rental demand and consistent income potential, this multi-family residence is a smart addition to any real estate portfolio. Schedule a private showing today and secure a valuable piece of Newark's growing urban landscape!

Listing Agent

Carlie Carreira

EXP REALTY, LLC Brokerage Phone: 973-583-0149 Listed on: 06/02/2025

EXP REALTY, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,294

Year Built

  • Built in 1887

Lot Details

  • 2,614 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Vinyl Siding

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Multiple Heating Units

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • Assessor Parcel Number 1614-02813-0000-00025-0000-
  • Tax Block *

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,294

Year Built

Built in 1887

Lot Details

0

Listing Details

  • Unit Style: 3-Three Story
  • Year Built: 1887
  • Year Built Description: Approximate
  • County Name: Essex
  • Street Number Display: 93
  • Directions: Please use google maps.
  • I D: 5362057
  • Modified: 2025-07-01
  • Number Images: 2
  • Attribution Contact: 973-583-0149
  • MLS Status: Under Contract
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Number Rooms: 16
  • Bedrooms: 7
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Basement: Yes
  • Basement Description: Unfinished

Exterior Features

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

Garage/Parking

  • Parking Driveway Description: On-Street Parking

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: 25X100
  • Assessed Improvement Value: 146700
  • Assessed Land Value: 45100
  • Assessment: 191800
  • Easement: Unknown
  • Lot Identifier: 25
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.06

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 7294
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1614-02813-0000-00025-0000-
  • 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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Sold Price
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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 $7,150 $191,800 $45,100 $146,700
2024 $7,150 $191,800 $45,100 $146,700
2022 $7,166 $191,800 $45,100 $146,700
2021 $7,162 $191,800 $45,100 $146,700
2020 $7,288 $191,800 $45,100 $146,700
2019 $7,214 $191,800 $45,100 $146,700
2018 $7,083 $191,800 $45,100 $146,700
2017 $6,828 $191,800 $45,100 $146,700
2016 $6,598 $191,800 $45,100 $146,700
2015 $6,347 $191,800 $45,100 $146,700
2014 $5,948 $191,800 $45,100 $146,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2025 07/01/25 Pending -- -- --
06/02/2025 06/02/25 For Sale $559,000 +86.3% --
02/06/2017 02/06/17 Sold $300,000 0.0% $91 / Sq Ft
08/12/2016 08/12/16 Pending -- -- --
10/30/2015 10/30/15 For Sale $300,000 -- $91 / Sq Ft
Source: Garden State MLS

Purchase History

Date Type Sale Price Title Company
Deed $300,000 Land Quest Title
Deed $300,000 Land Quest Title
Bargain Sale Deed -- Fidelity Natl Title Ins Co
Bargain Sale Deed -- Fidelity Natl Title Ins Co
Deed $81,000 None Available
Deed $81,000 None Available
Sheriffs Deed -- None Available
Sheriffs Deed -- None Available
Deed $350,000 --
Deed $350,000 --
Deed $155,000 --
Deed $155,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $357,000 New Conventional
Closed $240,000 New Conventional
Previous Owner $280,000 Adjustable Rate Mortgage/ARM
Previous Owner $287,200 Adjustable Rate Mortgage/ARM
Source: Public Records

About the Listing Agent

Carlie Carreira

EXP REALTY, LLC

(201) 374-8234

Section Image

I have seen both good and challenging markets, and have survived them all. I can assist you with all your real estate needs, and counsel you as to the best way to deal with any circumstances. I am experienced in dealing with both buyers and sellers. I am a trained professional that can assist buyers with such issues as property searches, contracts, negotiations, financing, inspection and all of your associated home buying needs. Whether you are a first-time buyer, move-up buyer or

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Source: Garden State MLS

MLS Number: 3966685

Garden State MLS

APN: 14-02813-0000-00025