$559,999
$10K PRICE INCREASE

Estimated payment $3,801/month

5 Beds
4 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

Excellent Investment property in Newark's highly sought after North Ward (ZIP 07104). -; Unit 1 has 3 bedrooms and 2 baths combined with the basement and is VACANT-; Unit 2 has 1 bedroom and 1 bath . ATTIC "bonus" space on the 3rd floor with an additional bathroom, bedroom, and kitchenette. -; Only tenant is 2nd floor on month to month. -; This property is just 3 blocks from Branch Brook Park. -; A 15 minute walk to NJ Transit's Broad Street Station (with direct service to New York Penn Station). -; A 15 minute bus ride to downtown Newark. -; LOW PROPERTY TAXES.

Listing Agent

Edwin Devia

ELITE REALTORS OF NEW JERSEY Brokerage Phone: 9088032929 Listed on: 01/22/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,823

Year Built

  • Built in 2024 | Remodeled

Lot Details

  • 31 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Flat Roof Shape
  • Vinyl Siding

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Standard Electricity

Additional Features

  • Finished Basement

Community Details

  • Net Operating Income $25,399

Listing and Financial Details

  • Assessor Parcel Number 1614-00488-0000-00071-0000-

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,823

Year Built

Built in 2024 | Remodeled

Lot Details

0

Listing Details

  • Unit Style: 3-Three Story
  • Year Built: 2024
  • Year Built Description: Renovated
  • County Name: Essex
  • Directions: north on bloomfield ave, LEFT on Park ave, Left on Cutler Street
  • I D: 5407329
  • Attribution Contact: 9088032929
  • MLS Status: Active
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Year Renovated: 2024

Interior Features

  • Bedrooms: 5
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Basement: Yes
  • Basement Description: Bilco-Style Door, Finished

Exterior Features

  • Exterior Description: Vinyl Siding
  • Roof Description: Flat

Garage/Parking

  • Parking Driveway Description: On-Street Parking

Utilities

  • Cooling: Window A/C(s)
  • Fuel Type: Gas-Natural
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water

Lot Info

  • Lot Size: 31.2X55.8 AVG.
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.04

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 10823
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1614-00488-0000-00071-0000-
  • Tax Rate Amount: 3.803
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2024

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
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 $3,329 $284,600 $15,600 $269,000
2024 $3,329 $284,600 $15,600 $269,000
2022 $3,336 $89,300 $15,600 $73,700
2021 $3,334 $89,300 $15,600 $73,700
2020 $3,393 $89,300 $15,600 $73,700
2019 $3,359 $89,300 $15,600 $73,700
2018 $3,298 $89,300 $15,600 $73,700
2017 $3,179 $89,300 $15,600 $73,700
2016 $3,072 $89,300 $15,600 $73,700
2015 $2,955 $89,300 $15,600 $73,700
2014 $2,769 $89,300 $15,600 $73,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/22/2026 01/22/26 Price Changed $559,999 +1.8% --
01/22/2026 01/22/26 For Sale $549,999 +25.0% --
12/09/2022 12/09/22 Sold $440,000 +0.2% $271 / Sq Ft View Prior Sale
11/08/2022 11/08/22 Pending -- -- --
10/02/2022 10/02/22 For Sale $439,000 -- $271 / Sq Ft
Source: Garden State MLS

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $440,000 Sunnyside Title
Deed $289,999 --
Bargain Sale Deed $233,000 1St Rate Title & Settlement
Deed $57,000 Lawyers Title Insurance Co
Sheriffs Deed -- Land Title Svcs Of Nj Inc
Deed $307,000 --
Deed $220,000 --
Deed $270,000 --
Deed $220,000 --
Deed $175,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $440,000 VA
Previous Owner $284,746 FHA
Previous Owner $228,779 FHA
Previous Owner $245,600 Adjustable Rate Mortgage/ARM
Previous Owner $140,000 No Value Available
Source: Public Records

Source: Garden State MLS

MLS Number: 4006368

Garden State MLS

APN: 14-00488-0000-00071