Under contract

$289,900

123 Columbia Ave, Newark City, NJ 07106

4beds

--sqft

$2,146/mo

Get pre-qualified

Multi Family

Built in 1917

-- sqft lot

$579,900 Zestimate^®

$--/sqft

$-- HOA

What's special

Partially finished basementFive roomsTwo spacious apartmentsPrivate drivewayThree bonus roomsTwo bedrooms

FIXER-UPPER OPPORTUNITY " TWO-FAMILY HOME Unique Investment Opportunity in Upper Vailsburg, Newark! Don't miss this fantastic multi-family investment in need of rehab, located in the desirable Upper Vailsburg section of Newark. This home features two spacious apartments, each offering five rooms and two bedrooms, ideal for rental income. Additional features include: A finished attic with three bonus rooms " perfect for extra living space. A partially finished basement ready for your custom touch.Private driveway and garage located at the rear of the propertyThis property offers incredible upside potential for investors or buyers looking to renovate and customize.Buyer is responsible for all city inspections and certifications.

397 days
34
0

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 4
Full bathrooms: 4

Heating

1 Unit, Radiators - Hot Water, Natural Gas

Cooling

Has cooling: Yes

Appliances

Included: Range/Oven - Gas, See Remarks, Gas Water Heater

Features

Bedrooms, Dining Room, Kitchen, Living Room, See Remarks
Basement: Yes,Partially Finished
Has fireplace: No

Interior area

Total structure area: 0

Property

Parking

Total spaces: 1
Parking features: 1 Car Width, Detached Garage
Garage spaces: 1
Uncovered spaces: 1

Features

Levels: 3-Three Story
Stories: 3
Patio & porch: Porch

Lot

Size: 3,484 Square Feet
Dimensions: 33 x 100

Details

Parcel number: 1614040330000000150000

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Aluminum Siding, See Remarks
Roof: Asphalt Shingle

Condition

Year built: 1917

Utilities & green energy

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

Community & HOA

Community

Subdivision: Upper Vailsburg

Location

Region: Newark

Financial & listing details

Tax assessed value: $152,000
Annual tax amount: $5,780
Date on market: 9/8/2025
Total actual rent: 0
Tenant pays: Electricity, Gas, Tenant Pays Electric, Tenant Pays Gas

Estimated market value

$579,900

$516,000 - $638,000

$2,423/mo

Price history

Date	Event	Price
10/29/2025	Pending sale	$289,900
Source: GSMLS #3985519 Report a problem
9/8/2025	Listed for sale	$289,900
Source: GSMLS #3985519 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$6,078 +5.2%	$152,000
2024	$5,781 +0.1%	$152,000
2023	$5,776	$152,000
2022	$5,776	$152,000
2021	$5,776 +1%	$152,000
2020	$5,717 +37.4%	$152,000
2019	$4,159	$152,000
2018	$4,159 -20.5%	$152,000
2017	$5,229 +4%	$152,000
2016	$5,030 +6.7%	$152,000
2015	$4,714 +5%	$152,000
2014	$4,489 -10.7%	$152,000
2013	$5,026 +3.7%	$152,000 +4.4%
2012	$4,846 +4.7%	$145,600
2011	$4,630 +16.1%	$145,600
2010	$3,988 +5.4%	$145,600
2009	$3,784 +4.4%	$145,600
2008	$3,625	$145,600
2007	$3,625	$145,600
2006	--	$145,600
2005	--	$145,600
2004	$3,145	$145,600
2003	--	$145,600 +932.6%
2002	--	$14,100
2001	--	$14,100