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  • Price cut: $20K (8/12)
    $729,900

    118 Oraton St, Newark City, NJ 07104

    4beds
    19,998sqft
    : 
    $4,907/mo
    Get pre-qualified
    Multi Family
    Built in 2022
    -- sqft lot
    $729,500 Zestimate®
    $36/sqft
    $-- HOA

    What's special

    Contemporary finishesFinished wallsAbundant lightingExceptionally finished built-in garageAmple closet spaceConvenient pull-down attic storageDirect exterior access
    Exceptional new construction 2-family home built in 2022, ideally located in Newark's desirable North Ward, just off Broadway between Chester and Delavan Avenues near Belleville. An outstanding opportunity for both owner-occupants and investors, the 2nd-floor apartment is vacant and ready for occupancy, while the 1st-floor apartment is occupied by a quality tenant, providing immediate rental income to offset your mortgage.The vacant 2nd-floor apartment features a bright open-concept living and dining area, a beautifully appointed kitchen with stainless steel appliances, 2 spacious bedrooms, a full bath, ample closet space, and convenient pull-down attic storage.The 1st-floor apartment offers a similar open-concept layout with stainless steel appliances, 2 generously sized bedrooms, and a full bath. This apartment also enjoys exclusive access to the finished lower level, complete with a laundry area, 1/2 bath, direct exterior access, and an exceptionally finished built-in garage featuring attractive vinyl flooring, finished walls, and abundant lighting. This versatile space provides endless possibilities for storage, a workshop, home gym, hobby area, or additional rec space.Built with modern systems, contemporary finishes, and separate utilities, this low-maintenance property offers lasting value and exceptional versatility. Conveniently located near Branch Brook Park, shopping, restaurants, major highways, and public transportation with easy access to New York City.
    37 days
    178
    7

    Zillow last checked:

    Listing updated:

    Listed by:

    Sydney M. White 908-333-2922,

    Identity Properties,

    Jason Brown

    Source: GSMLS,MLS#: 4042354MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2.1
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Heating
      • 2 Units, Forced Air, Natural Gas
      Cooling
      • 2 Units, Central Air
      Appliances
      • Included: Dishwasher, Exhaust Fan, Microwave, Range/Oven - Gas, Refrigerator, See Remarks, Kitchen Exhaust Fan, Microwave Oven, Gas Water Heater
      • Laundry: Laundry Room
      Features
      • See Remarks, Bedrooms, Kitchen, Living/Dining Room, Rec Room, Storage, Attic
      • Flooring: Tile, Wood
      • Basement: Yes,Finished,Walk-Out Access
      • Has fireplace: No
      Interior area
      • Total structure area: 19,998
      • Total interior livable area: 19,998 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: See Remarks, Built-In Garage, Garage Door Opener, Garage
      • Attached garage spaces: 1
      • Uncovered spaces: 1
      Features
      • Levels: 3-Three Story
      • Stories: 3
      • Exterior features: See Remarks
      Lot
      • Size: 1,306 Square Feet
      • Dimensions: 24.6 x 50
      Details
      • Parcel number: 1614006780000000810000

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Brick, Vinyl Siding
      • Roof: Asphalt Shingle
      Condition
      • Year built: 2022

      Utilities & green energy

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

      Community & HOA

      Community
      • Security: Carbon Monoxide Detector(s), Smoke Detector(s), Carbon Monoxide Detector, Smoke Detector
      • Subdivision: North Ward
      Location
      • Region: Newark

      Financial & listing details

      • Price per square foot: $36/sqft
      • Tax assessed value: $310,500
      • Annual tax amount: $12,416
      • Date on market: 7/22/2026
      • Exclusions: Tenants Personal Belongings
      • Total actual rent: 2100
      • Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas
      • Electric utility on property: Yes

        Estimated market value

        $729,500

        $693,000 - $766,000

        $2,260/mo

        Price history

        DateEventPrice
        8/12/2026Price change$729,900-2.7%$36/sqft
        Source: GSMLS #4042354 Report a problem
        7/22/2026Listed for sale$749,900-2%$37/sqft
        Source: GSMLS #4042354 Report a problem
        5/19/2026Listing removed$2,100
        Source: Zillow Rentals Report a problem
        4/16/2026Listed for rent$2,100
        Source: Zillow Rentals Report a problem
        2/5/2026Listing removed$765,000$38/sqft
        Source: GSMLS #4002091 Report a problem
        12/18/2025Listed for sale$765,000+7%$38/sqft
        Source: GSMLS #4002091 Report a problem
        8/22/2025Sold$715,000-1.4%$36/sqft
        Source: GSMLS #3932696 Report a problem
        5/21/2025Pending sale$725,000$36/sqft
        Source: GSMLS #3932696 Report a problem
        3/19/2025Listed for sale$725,000$36/sqft
        Source: GSMLS #3932696 Report a problem
        2/18/2025Pending sale$725,000$36/sqft
        Source: NJMLS #24035369 Report a problem
        11/4/2024Listed for sale$725,000+25%$36/sqft
        Source: NJMLS #24035369 Report a problem
        1/26/2023Listing removed--
        Source: GSMLS #3748418 Report a problem
        8/31/2022Listed for sale$580,000+5.5%$29/sqft
        Source: GSMLS #3748418 Report a problem
        3/1/2022Listing removed$550,000$28/sqft
        Source: NJMLS #21042597 Report a problem
        10/25/2021Listed for sale$550,000$28/sqft
        Source: GSMLS #3748418 Report a problem
        5/26/2021Listing removed--
        Source: New Jersey Multiple Listing Service, Inc Report a problem
        11/25/2020Listed for sale$550,000+89330.9%$28/sqft
        Source: New Direction Realty LLC #20049268 Report a problem
        10/21/1998Sold$615
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$12,417 +5.2%$310,500
        2024$11,808 +2578.8%$310,500 +2576.7%
        2023$441 $11,600
        2022$441 $11,600
        2021$441 +1%$11,600
        2020$436 +103.7%$11,600
        2019$214 $11,600
        2018$214 $11,600
        2017-- $11,600
        2016$384 +6.7%$11,600
        2015$360 $11,600
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: North Broadway

        Getting around

        74 / 100
        Very Walkable
        55 / 100
        Good Transit
        41 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: L M Marin
        • Middle: L M Marin
        • High: Technology

        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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