Newly updated multifamily situated on a spacious 25x114 lot with a generous backyard in the heart of Newark, NJ. Perfect for the savvy investor seeking immediate cash flow or an owner-occupant looking to live in one unit while generating rental income from the other. Unit 1 is vacant and move-in ready, ideal for an owner-occupant or to immediately place a tenant for rental income. Unit 2 is currently tenant occupied, providing cash flow from day one. Strategically located just off Route 280 with seamless access to major highways and NJ Transit for a short commute to NYC. Minutes from Payne Tech High School and close proximity to shopping, dining, and local amenities. Whether you are house hacking, building your portfolio, or seeking turnkey cash flow, this property checks every box. Opportunities like this don't last. Schedule your showing today.
Active
$550,000
173 3Rd St, Newark City, NJ 07107
4beds
--sqft
Multi Family
Built in 1910
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Generous backyard
- 75 days
- 593
- 40
Zillow last checked:
Listing updated:
Listed by:
Alain Beade 973-450-4000,
Re/Max Professionals I
Source: GSMLS,MLS#: 4042172
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Heating
- 2 Units, Natural Gas
Cooling
- See Remarks
Appliances
- Included: Range/Oven - Gas, Refrigerator
Features
- Bedrooms, Kitchen, See Remarks
- Basement: Yes,Full
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Parking
- Parking features: On Street
Features
- Levels: 3-Three Story
- Stories: 3
Lot
- Size: 3,049 Square Feet
- Dimensions: 25 x 114.8
Details
- Parcel number: 1614019110000000500000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Roof: Asphalt Shingle
Condition
- Year built: 1910
- Major remodel year: 2026
Utilities & green energy
- Gas: Gas-Natural
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Connected
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Carbon Monoxide Detector
Location
- Region: Newark
Financial & listing details
- Tax assessed value: $188,500
- Annual tax amount: $7,538
- Date on market: 7/21/2026
- Total actual rent: 0
- Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/21/2026 | Listed for sale | $550,000+57.1% |
Source:  GSMLS #4042172 Report a problem | ||
| 7/12/2021 | Sold | $350,000-12.3% |
Source: Public Record Report a problem | ||
| 4/5/2021 | Listing removed | -- |
Source:  RE/MAX International Report a problem | ||
| 3/23/2021 | Listed for sale | $399,000 |
Source: RE/MAX International #20048141 Report a problem | ||
| 11/20/2020 | Listing removed | $399,000 |
Source: RE/MAX First Realty II #3678505 Report a problem | ||
| 11/14/2020 | Listed for sale | $399,000+343.3% |
Source: RE/MAX FIRST REALTY II #3678505 Report a problem | ||
| 1/30/2018 | Sold | $90,000-9.1% |
Source: GSMLS #3413188 Report a problem | ||
| 3/8/2017 | Listed for sale | $99,000 |
Source: Weichert Realtors #3346323 Report a problem | ||
| 12/29/2016 | Listing removed | $99,000 |
Source: Weichert Realtors #1643083 Report a problem | ||
| 12/21/2016 | Listed for sale | $99,000 |
Source: Weichert Realtors #1643083 Report a problem | ||
| 11/11/2016 | Listing removed | $99,000 |
Source: Weichert Realtors #1643083 Report a problem | ||
| 10/28/2016 | Listed for sale | $99,000 |
Source: Weichert Realtors #1643083 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,538 +5.2% | $188,500 |
| 2024 | $7,169 +0.1% | $188,500 |
| 2023 | $7,163 | $188,500 |
| 2022 | $7,163 | $188,500 |
| 2021 | $7,163 +1% | $188,500 |
| 2020 | $7,090 +85.2% | $188,500 +34.7% |
| 2019 | $3,828 | $139,900 |
| 2018 | $3,828 -20.5% | $139,900 |
| 2017 | $4,813 +4% | $139,900 |
| 2016 | $4,629 +6.7% | $139,900 |
| 2015 | $4,338 +5% | $139,900 |
| 2014 | $4,131 -25.5% | $139,900 |
| 2013 | $5,544 +3.7% | $139,900 -12.9% |
| 2012 | $5,345 +4.7% | $160,600 |
| 2011 | $5,107 +16.1% | $160,600 |
| 2010 | $4,399 +5.4% | $160,600 |
| 2009 | $4,174 +4.4% | $160,600 |
| 2008 | $3,999 | $160,600 |
| 2007 | $3,999 | $160,600 |
| 2006 | -- | $160,600 |
| 2005 | -- | $160,600 |
| 2004 | $3,469 | $160,600 |
| 2003 | -- | $160,600 +1506% |
| 2002 | -- | $10,000 |
| 2001 | -- | $10,000 |
Find assessor info on the county website
Monthly payment
Est. payment
