For sale

$625,000

132 Court Street, Newark, NJ 07103

5beds

2,603sqft

$4,454/mo

Get pre-qualified

Duplex

Built in 1915

-- sqft lot

$596,200 Zestimate^®

$240/sqft

$-- HOA

What's special

New kitchensFresh paintTwo updated unitsUpdated bathroomsNew flooring

Great investment opportunity in Newark! This well-maintained two-family property features two updated units, offering flexibility for investors or owner-occupants. The first unit offers 2 bedrooms and 1 full bathroom, while the second unit features 3 bedrooms and 2 full bathrooms. Both units boast new kitchens, updated bathrooms, new flooring, and fresh paint. Move right in and rent out both units, or live in one unit while generating rental income from the other. A fantastic opportunity for rental income or multigenerational living!

8 hours
107
4

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 3
Full bathrooms: 3

Heating

2 Zoned Heat

Features

Basement: Shared Storage

Interior area

Total structure area: 2,603
Total interior livable area: 2,603 sqft

Property

Features

Stories: 3

Lot

Size: 1,742 Square Feet
Dimensions: 18.1 x 100

Details

Parcel number: 1402507000000061

Construction

Type & style

Home type: MultiFamily
Property subtype: Duplex

Condition

Year built: 1915

Utilities & green energy

Sewer: Public Sewer

Community & HOA

Community

Subdivision: None

Location

Region: Newark

Financial & listing details

Price per square foot: $240/sqft
Tax assessed value: $196,000
Annual tax amount: $7,838
Date on market: 10/15/2026

Estimated market value

$596,200

$549,000 - $650,000

$2,337/mo

Price history

Date	Event	Price
10/15/2026	Listed for sale	$625,000+36.9%$240/sqft
Source: MoreMLS #22632594 Report a problem
7/15/2026	Sold	$456,500+142.2%$175/sqft
Source: Public Record Report a problem
10/7/2020	Sold	$188,500-24.6%$72/sqft
Source: GSMLS #3669706 Report a problem
10/6/2020	Pending sale	$250,000$96/sqft
Source: EXP REALTY, LLC #3669706 Report a problem
10/5/2020	Price change	$250,000$96/sqft
Source: EXP REALTY, LLC #3591487 Report a problem
8/31/2020	Listed for sale	--
Source: Auction.com Report a problem
8/31/2020	Pending sale	--
Source: Auction.com Report a problem
4/2/2020	Listed for sale	$250,000$96/sqft
Source: CULTURE ESTATE #3591487 Report a problem
4/2/2020	Pending sale	$250,000$96/sqft
Source: CULTURE ESTATE #3591487 Report a problem
10/7/2019	Listed for sale	$250,000-12.3%$96/sqft
Source: CULTURE ESTATE #3591487 Report a problem
12/28/2016	Sold	$285,000$109/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$7,838 +5.2%	$196,000
2024	$7,454 +0.1%	$196,000
2023	$7,448	$196,000
2022	$7,448	$196,000
2021	$7,448 +1%	$196,000
2020	$7,372 +74.8%	$196,000
2019	$4,218	$196,000
2018	$4,218 +82.2%	$196,000 +191.2%
2017	$2,315 +4%	$67,300
2016	$2,227 +6.7%	$67,300
2015	$2,087 +5%	$67,300
2014	$1,987 -50.7%	$67,300 -44.5%
2012	$4,034 +4.7%	$121,200
2011	$3,854 +19.7%	$121,200
2010	$3,221 +5.4%	$121,200 +3.1%
2009	$3,056 +4.4%	$117,600
2008	$2,928	$117,600
2007	$2,928	$117,600
2006	--	$117,600
2005	--	$117,600
2004	$2,540	$117,600
2003	--	$117,600 +1407.7%
2002	--	$7,800
2001	--	$7,800