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Active
    • $550,000

    113 N Munn Ave, Newark City, NJ 07106

    7beds
    --sqft
    : 
    $3,733/mo
    Get pre-qualified
    Multi Family
    Built in 1905
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Exceptional investment opportunity in the desirable Lower Vailsburg neighborhood of Newark, NJ. This newly renovated 2-unit multifamily offers 7 bedrooms and 4 bathrooms sitting on a generous 38x105 lot with 5 parking spaces, a rare find in this market. Both units are currently occupied and generating strong rental income making this a true turnkey addition to any investment portfolio. Perfect for the seasoned investor seeking immediate cash flow or an owner-occupant looking to offset their mortgage with rental income. Thoughtfully renovated throughout with modern finishes requiring minimal capital expenditure allowing you to collect from day one. Located minutes from Seton Hall University, Vailsburg Park, major highways, and NJ Transit for seamless access to NYC. Opportunities like this do not last. Schedule your showing today.
    3 days
    |
    306
    |
    24
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Alain Beade 973-450-4000,

    Re/Max Professionals I

    Source: GSMLS,MLS#: 4042164MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 7
      • Bathrooms: 4
      • Full bathrooms: 4
      Heating
      • 2 Units, Natural Gas
      Cooling
      • 2 Units, See Remarks
      Appliances
      • Included: Range/Oven - Gas, See Remarks
      Features
      • Bedrooms, Kitchen, See Remarks
      • Basement: Yes,Full
      • Has fireplace: No
      Interior area
      • Total structure area: 0

      Property

      Parking
      • Total spaces: 5
      • Parking features: 1 Car Width
      • Uncovered spaces: 5
      Features
      • Levels: Two
      • Stories: 2
      Lot
      • Size: 3,920 Square Feet
      • Dimensions: 38 x 105.7
      Details
      • Parcel number: 1614042200000000050000

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Vinyl Siding
      • Roof: Asphalt Shingle
      Condition
      • Year built: 1905
      • Major remodel year: 2025

      Utilities & green energy

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

      Community & HOA

      Community
      • Security: Carbon Monoxide Detector(s), Carbon Monoxide Detector
      Location
      • Region: Newark

      Financial & listing details

      • Tax assessed value: $144,700
      • Annual tax amount: $5,786
      • Date on market: 7/21/2026
      • Total actual rent: 0
      • Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/21/2026Listed for sale$550,000+57.1%
        Source: NJMLS #26027419 Report a problem
        7/12/2021Sold$350,000-12.3%
        Source: Public Record Report a problem
        11/20/2020Listing removed$399,000
        Source: RE/MAX First Realty II #3678508 Report a problem
        11/14/2020Listed for sale$399,000+14%
        Source: RE/MAX FIRST REALTY II #3678508 Report a problem
        12/7/2017Listing removed$350,000
        Source: RE/MAX SELECT #3394192 Report a problem
        6/6/2017Listed for sale$350,000+361.4%
        Source: RE/MAX PROPERTIES UNLIMITED #3394192 Report a problem
        1/4/2017Sold$75,855-49%
        Source: Public Record Report a problem
        11/2/2016Price change$148,761+495%
        Source: Auction.com Report a problem
        4/5/2016Price change$25,000-86.8%
        Source: Auction.com Report a problem
        1/29/2016Listed for sale--
        Source: Auction.com Report a problem
        6/30/2015Listing removed--
        Source: Auction.com Report a problem
        12/19/2014Listed for sale--
        Source: Auction.com Report a problem
        9/1/2011Listing removed$190,000
        Source: Realty Executives Exceptional Realtors #2883263 Report a problem
        8/30/2011Listed for sale$190,000
        Source: Realty Executives Exceptional Realtors #2883263 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,787 +5.2%$144,700
        2024$5,503 +0.1%$144,700
        2023$5,499 $144,700
        2022$5,499 $144,700
        2021$5,499 +1%$144,700
        2020$5,442 +37.4%$144,700
        2019$3,960 $144,700
        2018$3,960 -20.5%$144,700
        2017$4,978 +4%$144,700
        2016$4,788 +6.7%$144,700
        2015$4,487 +5%$144,700
        2014$4,273 +7.9%$144,700
        2013$3,959 +3.7%$144,700 +26.2%
        2012$3,817 +4.7%$114,700
        2011$3,647 +16.1%$114,700
        2010$3,142 +5.4%$114,700
        2009$2,981 +4.4%$114,700
        2008$2,856 $114,700
        2007$2,856 $114,700
        2006-- $114,700
        2005-- $114,700
        2004$2,478 $114,700
        2003-- $114,700 +863.9%
        2002-- $11,900
        2001-- $11,900
        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.
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        Climate risks

        Neighborhood: Lower Vailsburg

        Getting around

        71 / 100
        Very Walkable
        56 / 100
        Good Transit
        46 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Middle: Speedway
        • High: Science

        Source: GSMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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