BRAND NEW CONSTRUCTION! Exceptional Investment Opportunity! This stunning 3-family with a bonus accessory structure offers unparalleled income potential with 9 bedrooms, 7.5 baths on an expansive 8,000 sq ft lot. BONUS: Separate accessory structure adds incredible versatility - transform into a private studio, home gym, office suite, or guest quarters for maximum income potential! Lower Level: 2 bedrooms, 1 bath, pantry, laundry room, complete with stainless steel appliances including dishwasher, oven, range, microwave, and stackable washer/dryer. Floors 2 & 3: Each boasts 3 bedrooms, 3 full baths, pantry, laundry room, and gourmet kitchens with islands and premium finishes throughout such as designer media walls, and master bedrooms with accent walls. Perfect for owner-occupancy - live in one unit and rent the others PLUS monetize the accessory building to maximize your investment returns. The separate structure provides endless possibilities: additional rental income, private retreat space, or premium amenities that command higher rents. Prime Weequahic location near Beth Israel & convenient access to parks, quality schools, and public transportation. This turnkey property combines modern luxury with smart financial planning and an unbeatable Newark location. Don't miss this unique opportunity to own a cash-flowing asset from day one! 5 Year Tax Abatement! Schedule your private showing today. Property will be done In November!!!
Under contract
$1,125,000
148 Dewey St, Newark, NJ 07112
9beds
--sqft
Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Designer media wallsPremium finishesGourmet kitchensStainless steel appliances
- 285 days |
- 38 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Cherise Raymond 973-819-1444,
Jersey Blue Estates
Source: NJMLS,MLS#: 25033894
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 8
- Full bathrooms: 7
- 1/2 bathrooms: 1
Appliances
- Laundry: In Unit
Property
Parking
- Total spaces: 3
- Parking features: Garage
- Garage spaces: 3
Details
- Parcel number: 140305300000200020
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Utilities & green energy
- Utilities for property: Electricity Connected, Natural Gas Connected, Sep Heat, Water Connected
Community & HOA
Location
- Region: Newark
Financial & listing details
- Tax assessed value: $44,600
- Annual tax amount: $5,282
- Date on market: 9/23/2025
- Listing agreement: Exclusive Right To Sell
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 4/21/2026 | Pending sale | $1,125,000 |
Source: | ||
| 3/27/2026 | Price change | $1,125,000-13.5% |
Source: | ||
| 1/4/2026 | Listed for sale | $1,299,999 |
Source: | ||
| 10/22/2025 | Pending sale | $1,299,999 |
Source: | ||
| 9/24/2025 | Listed for sale | $1,299,999+550% |
Source: | ||
| 3/8/2024 | Sold | $200,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,784 -66.2% | $44,600 -67.9% |
| 2024 | $5,282 +10% | $138,900 +9.9% |
| 2023 | $4,803 | $126,400 |
| 2022 | $4,803 | $126,400 |
| 2021 | $4,803 +1% | $126,400 |
| 2020 | $4,754 +37.4% | $126,400 |
| 2019 | $3,459 | $126,400 |
| 2018 | $3,459 -20.5% | $126,400 |
| 2017 | $4,348 +4% | $126,400 |
| 2016 | $4,183 +6.7% | $126,400 |
| 2015 | $3,920 +5% | $126,400 |
| 2014 | $3,733 +7.9% | $126,400 |
| 2013 | $3,459 | $126,400 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Weequahic
Nearby schools
GreatSchools rating
- 4/10George Washington Carver Elementary SchoolGrades: PK-8Distance: 0.1 mi
- 1/10Weequahic High SchoolGrades: 9-12Distance: 0.4 mi
- 1/10Malcolm X Shabazz High SchoolGrades: 9-12Distance: 1.3 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- New Jersey
- Essex County
- Newark
- 07112
- Weequahic
- 148 Dewey St






