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.
Active
Price cut: $20K (8/12)
$729,900
118 Oraton St, Newark City, NJ 07104
4beds
19,998sqft
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
- 37 days
- 178
- 7
Zillow last checked:
Listing updated:
Listed by:
Sydney M. White 908-333-2922,
Identity Properties,
Jason Brown
Source: GSMLS,MLS#: 4042354
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
| Date | Event | Price |
|---|---|---|
| 8/12/2026 | Price change | $729,900-2.7%$36/sqft |
Source: | ||
| 7/22/2026 | Listed for sale | $749,900-2%$37/sqft |
Source: | ||
| 5/19/2026 | Listing removed | $2,100 |
Source: Zillow Rentals Report a problem | ||
| 4/16/2026 | Listed for rent | $2,100 |
Source: Zillow Rentals Report a problem | ||
| 2/5/2026 | Listing removed | $765,000$38/sqft |
Source: | ||
| 12/18/2025 | Listed for sale | $765,000+7%$38/sqft |
Source: | ||
| 8/22/2025 | Sold | $715,000-1.4%$36/sqft |
Source: | ||
| 5/21/2025 | Pending sale | $725,000$36/sqft |
Source: | ||
| 3/19/2025 | Listed for sale | $725,000$36/sqft |
Source: | ||
| 2/18/2025 | Pending sale | $725,000$36/sqft |
Source: | ||
| 11/4/2024 | Listed for sale | $725,000+25%$36/sqft |
Source: | ||
| 1/26/2023 | Listing removed | -- |
Source: | ||
| 8/31/2022 | Listed for sale | $580,000+5.5%$29/sqft |
Source: | ||
| 3/1/2022 | Listing removed | $550,000$28/sqft |
Source: | ||
| 10/25/2021 | Listed for sale | $550,000$28/sqft |
Source: | ||
| 5/26/2021 | Listing removed | -- |
Source: | ||
| 11/25/2020 | Listed for sale | $550,000+89330.9%$28/sqft |
Source: New Direction Realty LLC #20049268 Report a problem | ||
| 10/21/1998 | Sold | $615 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
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Neighborhood: North Broadway
Nearby schools
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.







