Active

$850,000

125 Park Ave, Newark City, NJ 07104

9beds

--sqft

$5,827/mo

Get pre-qualified

Multi Family

Built in 1907

-- sqft lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

All-new plumbingModern finishes throughoutDedicated laundry area

Welcome to 125 Park Ave, a fully gut renovated three-family home in Newark offering modern finishes throughout and strong income potential for an investor or owner-occupant. Each of the three units features 3 bedrooms with all-new plumbing, electric, kitchens, and bathrooms, along with distinct living, dining, and kitchen areas designed for everyday comfort, and large windows bring in natural light across every unit. The property also includes a full, finished basement with its own full bathroom and a dedicated laundry area, adding valuable extra space and flexibility, while outside, a paved patio offers residents a private spot to unwind. Steps from Branch Brook Park and the NJ Light Rail, 125 Park Ave combines a renovated, move-in ready home with a location built for convenience, making it a strong opportunity for an investor seeking three rent-ready units, or a buyer who wants to live in one unit while the other two help cover the mortgage.

12 hours
76
3

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 9
Bathrooms: 4
Full bathrooms: 4

Heating

1 Unit, Forced Air, Natural Gas

Cooling

Central Air

Appliances

Included: Dishwasher, Range/Oven - Gas, Refrigerator, Electric Water Heater

Features

Bedrooms, Eat-in Kitchen, Kitchen, Living Room, Eat-In Kitchen
Flooring: Wood
Basement: Yes,Finished
Has fireplace: No

Interior area

Total structure area: 0

Property

Parking

Parking features: None, On Street

Features

Levels: 3-Three Story
Stories: 3
Patio & porch: Patio, Porch
Fencing: Metal Fence

Lot

Size: 2,613 Square Feet
Dimensions: 25.2 x 100

Details

Parcel number: 1614005070000000360000

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Aluminum Siding, Brick
Roof: Composition Shingle

Condition

Year built: 1907

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

Tax assessed value: $137,100
Annual tax amount: $5,482
Date on market: 9/10/2026
Total actual rent: 3100
Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
9/10/2026	Listed for sale	$850,000+57.4%
Source: GSMLS #4051779 Report a problem
9/19/2025	Sold	$540,000-1.8%
Source: Public Record Report a problem
8/9/2024	Listing removed	$550,000-11.1%
Source: GSMLS #3890022 Report a problem
4/15/2024	Price change	$619,000-8.8%
Source: NJMLS #24006514 Report a problem
3/5/2024	Listed for sale	$679,000+272.1%
Source: NJMLS #24006514 Report a problem
10/11/2002	Sold	$182,500+55.3%
Source: Public Record Report a problem
7/22/2002	Sold	$117,500-13.3%
Source: Public Record Report a problem
7/21/1999	Sold	$135,500
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,483 +5.2%	$137,100
2024	$5,214 +0.1%	$137,100
2023	$5,210	$137,100
2022	$5,210	$137,100
2021	$5,210 +1%	$137,100
2020	$5,156 +37.4%	$137,100
2019	$3,752	$137,100
2018	$3,752 -20.5%	$137,100
2017	$4,716 +4%	$137,100
2016	$4,537 +6.7%	$137,100
2015	$4,251 +5%	$137,100
2014	$4,049 -30.7%	$137,100
2013	$5,841 +3.7%	$137,100 -19%
2012	$5,631 +4.7%	$169,200
2011	$5,381 +16.1%	$169,200
2010	$4,634 +5.4%	$169,200
2009	$4,398 +4.4%	$169,200
2008	$4,213	$169,200
2007	$4,213	$169,200
2006	--	$169,200
2005	--	$169,200
2004	$3,655	$169,200
2003	--	$169,200 +1221.9%
2002	--	$12,800
2001	--	$12,800