Active

Price cut: $50K (5/12)

$400,000

11 Sunset Ave, Newark City, NJ 07106

4beds

--sqft

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Multi Family

Built in 1877

-- sqft lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Welcome to 11 Sunset Avenue, Newark, a well-maintained two-family property offering a solid opportunity for investors or owner-occupants seeking rental income potential. Each unit features 2 bedrooms and 1 full bathroom, providing practical and efficient layouts that appeal to a wide range of tenants. The property offers a strong foundation for consistent cash flow, with the flexibility to live in one unit while renting the other or fully lease both for maximum income generation. Conveniently located near major roadways, public transportation, shopping, and local amenities, this property supports strong rental demand and long-term investment value. Whether you're expanding your portfolio or entering the multifamily market, 11 Sunset Avenue presents a compelling opportunity in a desirable Newark location.

57 days

1,067

27

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Heating

Baseboard - Hotwater, Natural Gas

Cooling

Window Unit(s)

Appliances

Included: See Remarks

Features

Bedrooms, Dining Room, Kitchen, Living Room
Basement: Yes,Unfinished
Has fireplace: No

Interior area

Total structure area: 0

Property

Parking

Parking features: None

Features

Levels: Two
Stories: 2

Lot

Size: 2,613 Square Feet
Dimensions: 25 x 100

Details

Parcel number: 1614040610000001400000

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Vinyl Siding
Roof: See Remarks

Condition

Year built: 1877

Utilities & green energy

Gas: Gas-Natural
Sewer: Public Sewer
Water: Public
Utilities for property: Natural Gas Connected

Community & HOA

Location

Region: Newark

Financial & listing details

Tax assessed value: $101,000
Annual tax amount: $4,038
Date on market: 5/12/2026
Total actual rent: 0
Tenant pays: Electricity, Gas, Tenant Pays Heat, Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Water

Estimated market value

Not available

Estimated sales range

Not available

$2,316/mo

Price history

Date	Event	Price
5/12/2026	Price change	$400,000-11.1%
Source: GSMLS #4027061 Report a problem
5/5/2026	Listed for sale	$450,000+5.9%
Source: GSMLS #4025477 Report a problem
4/1/2026	Listing removed	$425,000-41%
Source: NJMLS #25016338 Report a problem
10/3/2025	Sold	$720,000+69.4%
Source: Public Record Report a problem
7/28/2025	Pending sale	$425,000
Source: GSMLS #3963173 Report a problem
12/6/2024	Listed for sale	$425,000+41.7%
Source: GSMLS #3937273 Report a problem
12/20/2022	Sold	$300,000+3.8%
Source: GSMLS #3690291 Report a problem
6/29/2022	Pending sale	$289,000
Source: NJMLS #21003761 Report a problem
2/3/2021	Listed for sale	$289,000
Source: New Jersey Multiple Listing Service, Inc #21003761 Report a problem
2/2/2021	Listing removed	--
Source: GSMLS #3632743 Report a problem
5/14/2020	Listed for sale	$289,000+144.9%
Source: THE REAL ESTATE COMPANY #3632743 Report a problem
4/8/2019	Sold	$118,000+110.7%
Source: GSMLS #3467808 Report a problem
5/1/2008	Sold	$56,000-60.3%
Source: Public Record Report a problem
5/2/2005	Sold	$141,000+13.7%
Source: Public Record Report a problem
9/9/2002	Sold	$124,000+463.6%
Source: Public Record Report a problem
8/16/2000	Sold	$22,000-75.3%
Source: Public Record Report a problem
12/30/1998	Sold	$89,000
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,039 +5.2%	$101,000
2024	$3,841 +0.1%	$101,000
2023	$3,838	$101,000
2022	$3,838	$101,000
2021	$3,838 +27.7%	$101,000
2020	$3,005 +37.4%	$101,000 +26.4%
2019	$2,186	$79,900
2018	$2,186 -20.5%	$79,900
2017	$2,749 +4%	$79,900
2016	$2,644 +6.7%	$79,900
2015	$2,478 +5%	$79,900
2014	$2,359 -22.4%	$79,900
2013	$3,041 +3.7%	$79,900 -9.3%
2012	$2,932 +4.7%	$88,100
2011	$2,802 +16.1%	$88,100
2010	$2,413 +5.4%	$88,100
2009	$2,290 +4.4%	$88,100
2008	$2,194	$88,100
2007	$2,194	$88,100
2006	--	$88,100
2005	--	$88,100
2004	$1,903	$88,100
2003	--	$88,100 +1234.8%
2002	--	$6,600
2001	--	$6,600

Find assessor info on the county website

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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.

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