Active

$899,000

114-116 2nd St, Newark City, NJ 07107

11beds

4,000sqft

$6,461/mo

Get pre-qualified

Multi Family

Built in ----

-- sqft lot

$691,000 Zestimate^®

$225/sqft

$-- HOA

What's special

Great opportunity to own a spacious 3 family property in Newark! This property features 17 rooms, including 11 bedrooms and 3 full bathrooms. Each level offers its own living room, providing comfortable and flexible living arrangements. Conveniently located directly across from KIPP SPARK Academy and KIPP Justice Academy, and near Orange Street Station, public transportation, schools, shopping, and local amenities. A great opportunity for investors or owner-occupants looking for space and convenience.

8 days
304
24

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 11
Bathrooms: 6
Full bathrooms: 6

Heating

Zoned, Natural Gas

Cooling

Central Air

Appliances

Included: See Remarks

Features

Bedrooms, Eat-in Kitchen, Living Room, Eat-In Kitchen
Basement: None
Has fireplace: No

Interior area

Total structure area: 4,000
Total interior livable area: 4,000 sqft

Property

Parking

Total spaces: 2
Parking features: 1 Car Width
Uncovered spaces: 2

Features

Levels: 3-Three Story
Stories: 3

Lot

Size: 3,484 Square Feet
Dimensions: 3380 SF

Details

Parcel number: 1614018840000000290000

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Aluminum Siding
Roof: Asphalt Shingle

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

Price per square foot: $225/sqft
Tax assessed value: $272,900
Annual tax amount: $10,913
Date on market: 10/10/2026
Total actual rent: 0

Estimated market value

$691,000

$643,000 - $746,000

$2,461/mo

Price history

Date	Event	Price
10/8/2026	Listed for sale	$899,000+79.4%$225/sqft
Source: NJMLS #26038503 Report a problem
12/22/2022	Sold	$501,000+25.3%$125/sqft
Source: GSMLS #3805167 Report a problem
12/1/2022	Pending sale	$399,900$100/sqft
Source: GSMLS #3805167 Report a problem
11/9/2022	Listed for sale	$399,900$100/sqft
Source: GSMLS #3805167 Report a problem
9/19/2022	Pending sale	$399,900$100/sqft
Source: GSMLS #3805167 Report a problem
9/1/2022	Listed for sale	$399,900+23%$100/sqft
Source: GSMLS #3805167 Report a problem
8/31/2009	Sold	$325,000$81/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$8,342 +5.2%	$208,600
2024	$7,933 +0.1%	$208,600
2023	$7,927	$208,600
2022	$7,927	$208,600
2021	$7,927 +1%	$208,600
2020	$7,845 +37.4%	$208,600
2019	$5,708	$208,600
2018	$5,708 -20.5%	$208,600
2017	$7,176 +4%	$208,600
2016	$6,903 +6.7%	$208,600
2015	$6,469 +5%	$208,600
2014	$6,160 -17.2%	$208,600 -6.7%
2012	$7,438 +4.7%	$223,500
2011	$7,107 +16.1%	$223,500
2010	$6,122 +5.4%	$223,500
2009	$5,809 +4.4%	$223,500
2008	$5,565	$223,500
2007	$5,565	$223,500
2006	--	$223,500
2005	--	$223,500
2004	$4,578	$223,500
2003	--	$223,500 +1360.8%
2002	--	$15,300
2001	--	$15,300