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  • Price cut: $175.9K (6/29)
    $600,000

    108 Peabody Pl, Newark City, NJ 07104

    6beds
    --sqft
    : 
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    Multi Family
    Built in 1900
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Short Sale Opportunity! Great opportunity for investors, contractors, or buyers looking to build equity. This property offers tremendous potential with the right vision and renovations. Whether you're looking for your next fix-and-flip project, rental investment, or future primary residence, this home presents an excellent value. Conveniently located near major highways, public transportation, schools, shopping, restaurants, and parks, the property offers easy access to everything Newark has to offer. This is a short sale and is being sold strictly as-is. Buyer is responsible for obtaining any required municipal certificates, inspections, and lender-required approvals. Sale is subject to third-party (lender) approval. Buyer should expect additional time for short sale processing. Don't miss this opportunity to purchase a property with outstanding upside in a convenient Newark location! Schedule your showing today.
    47 days
    |
    170
    |
    1
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Richard Adamski 973-520-0994,

    Exp Realty, Llc

    Source: GSMLS,MLS#: 4030428MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • 2 Units, Forced Air, Electric, Natural Gas
      Cooling
      • Central Air
      Features
      • Bedrooms, Eat-in Kitchen, Kitchen, Living/Dining Room, Eat-In Kitchen
      • Basement: Yes,Unfinished
      • Has fireplace: No
      Interior area
      • Total structure area: 0

      Property

      Parking
      • Parking features: On Street
      Features
      • Levels: Two
      • Stories: 2
      Lot
      • Size: 1,742 Square Feet
      • Dimensions: 18.7 x 100
      Details
      • Parcel number: 1614006770000000120000

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Brick
      • Roof: Asphalt Shingle,Flat
      Condition
      • Year built: 1900

      Utilities & green energy

      • Gas: Gas-Natural
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Connected, Natural Gas Connected

      Community & HOA

      Location
      • Region: Newark

      Financial & listing details

      • Tax assessed value: $320,200
      • Annual tax amount: $12,804
      • Date on market: 5/27/2026
      • Total actual rent: 0
      • Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/29/2026Price change$600,000-22.7%
        Source: NJMLS #26019638 Report a problem
        6/10/2026Price change$775,888-3%
        Source: NJMLS #26019638 Report a problem
        5/27/2026Listed for sale$800,000+171.2%
        Source: GSMLS #4030428 Report a problem
        4/22/2026Listing removed$3,150
        Source: Zillow Rentals Report a problem
        3/19/2026Listed for rent$3,150+162.5%
        Source: Zillow Rentals Report a problem
        2/10/2021Sold$295,000+15.7%
        Source: GSMLS #3637352 Report a problem
        3/18/2019Listing removed$1,200
        Source: RE/MAX Solutions #3535119 Report a problem
        3/1/2019Listed for rent$1,200
        Source: RE/MAX SOLUTIONS #3535119 Report a problem
        2/20/2019Listing removed$255,000
        Source: Newark - WEICHERT, REALTORS - New Group #1847812 Report a problem
        11/21/2018Listed for sale$255,000+20.3%
        Source: Newark - WEICHERT, REALTORS - New Group #1847812 Report a problem
        1/12/2018Sold$212,000+182.7%
        Source: Public Record Report a problem
        4/5/2017Listing removed$75,000
        Source: Owner Report a problem
        3/14/2017Price change$75,000+7.1%
        Source: Owner Report a problem
        2/20/2017Price change$70,000-6.7%
        Source: Owner Report a problem
        1/18/2017Price change$75,000-6.3%
        Source: Owner Report a problem
        1/11/2017Price change$80,000-11.1%
        Source: Owner Report a problem
        12/22/2016Listed for sale$90,000+42.9%
        Source: Owner Report a problem
        6/23/2009Sold$63,000-58%
        Source: Agent Provided Report a problem
        9/26/2008Listing removed$150,000
        Source: Coldwell Banker** #2821001 Report a problem
        6/28/2008Listed for sale$150,000-50.8%
        Source: Coldwell Banker** #2821001 Report a problem
        11/30/2007Sold$305,000+48.1%
        Source: Public Record Report a problem
        9/15/2005Sold$206,000+28%
        Source: Public Record Report a problem
        1/6/2004Sold$161,000+101.3%
        Source: Public Record Report a problem
        10/27/2003Sold$80,000+60%
        Source: Public Record Report a problem
        12/16/2002Sold$50,000+4900%
        Source: Public Record Report a problem
        11/24/1993Sold$1,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,539 +5.2%$138,500
        2024$5,267 +0.1%$138,500
        2023$5,263 $138,500
        2022$5,263 $138,500
        2021$5,263 +1%$138,500
        2020$5,209 +178.7%$138,500
        2019$1,869 $138,500 +38.5%
        2018$1,869 -45.7%$100,000
        2017$3,440 +4%$100,000
        2016$3,309 +6.7%$100,000
        2015$3,101 +5%$100,000
        2014$2,953 -29.1%$100,000 -20.1%
        2012$4,163 +4.7%$125,100
        2011$3,978 +16.1%$125,100
        2010$3,426 +5.4%$125,100
        2009$3,251 +4.4%$125,100
        2008$3,115 $125,100
        2007$3,115 $125,100
        2006-- $125,100
        2005-- $125,100
        2004$2,702 $125,100
        2003-- $125,100 +4533.3%
        2002-- $2,700
        2001-- $2,700
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: North Broadway

        Getting around

        67 / 100
        Somewhat Walkable
        52 / 100
        Good Transit
        26 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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