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Off market
  • $594,300

    18-20 Chelsea Ave, Newark, NJ 07106

    5beds
    2,438sqft
    MultiFamily
    Built in 1912
    -- sqft lot
    $594,300 Zestimate®
    $244/sqft
    $2,044 Estimated rent

    Home value

    $594,300

    $517,000 - $672,000

    $2,044/mo

    Zestimate® history
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    Owner options

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    $2,044/mo

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    $2,044/mo

    Rent Zestimate®

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    $4,239/mo

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    $4,239/mo

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    What's special

    Don't miss your chance to own this magnificent 5 Bedroom, 4 Full Bath Multi-Family home located directly off South Orange Avenue near all major highways and convenience stores. This property comes with a newly renovated 1st Floor apartment that has 3 Bedrooms and 1 Full Bath. 2nd Floor apartment is in great condition and features 2 Bedrooms and 1 Full Bath with entrance to a finished Attic that could be used as another bedroom with 1 Full Bath. This Multi-Family home also has a finished Basement with 3 separate rooms and 1 Full Bath. The Basement, 1st Floor, 2nd Floor and Attic all have separate entrances. 1st and 2nd Floor have their own water heaters and Attic and Basement share. Oil tank was just removed from the basement and owner has permits. Decent sized backyard with small patio. Owner is also currently listing 1st Floor as a rental on GSMLS MLS#: 3579887. This property is great Owner occupied with rental opportunity or full on investment property for rental income. Seller is motivated and this will not last so move fast.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 8
    • Full bathrooms: 4
    • 1/2 bathrooms: 4
    Heating
    • Radiant, Gas
    Cooling
    • Other
    Appliances
    • Included: Microwave, Range / Oven, Refrigerator
    Features
    • Flooring: Tile, Carpet, Hardwood
    Interior area
    • Total interior livable area: 2,438 sqft

    Property

    Features
    • Exterior features: Vinyl
    Lot
    • Size: 3,920 Square Feet
    Details
    • Parcel number: 1404208000000018

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Frame
    • Roof: Asphalt
    Condition
    • Year built: 1912

    Community & HOA

    Location
    • Region: Newark

    Financial & listing details

    • Price per square foot: $244/sqft
    • Tax assessed value: $151,700
    • Annual tax amount: $6,066

    Price history

    DateEventPrice
    10/19/2019Listing removed$275,000$113/sqft
    Source: Coldwell Banker Residential Brokerage - Union Office #3588647 Report a problem
    9/19/2019Listed for sale$275,000$113/sqft
    Source: Coldwell Banker Residential Brokerage - Union Office #CBRB12277 Report a problem
    9/9/2019Listing removed$1,400$1/sqft
    Source: FINER HOMES REALTY, LLC #3579887 Report a problem
    8/12/2019Listed for rent$1,400$1/sqft
    Source: FINER HOMES REALTY, LLC #3579887 Report a problem
    7/27/2019Listing removed$275,000$113/sqft
    Source: Culture Estate LLC #1930305 Report a problem
    6/25/2019Listed for sale$275,000-1.8%$113/sqft
    Source: CULTURE ESTATE #3568426 Report a problem
    8/25/2011Listing removed$280,000$115/sqft
    Source: Jordan Baris, Inc. Realtors #2797859 Report a problem
    2/26/2011Listed for sale$280,000+204.3%$115/sqft
    Source: Jordan Baris, Inc. Realtors #2797859 Report a problem
    5/22/1992Sold$92,000$38/sqft
    Source: Agent Provided Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,066 +5.2%$151,700
    2024$5,769 +0.1%$151,700
    2023$5,765 $151,700
    2022$5,765 $151,700
    2021$5,765 +1%$151,700
    2020$5,705 +37.4%$151,700
    2019$4,151 $151,700
    2018$4,151 -20.5%$151,700
    2017$5,218 +4%$151,700
    2016$5,020 +6.7%$151,700
    2015$4,704 +5%$151,700
    2014$4,480 +17.2%$151,700 +32%
    2012$3,824 +4.7%$114,900
    2011$3,654 +16.1%$114,900
    2010$3,147 +5.4%$114,900
    2009$2,986 +4.4%$114,900
    2008$2,861 $114,900
    2007$2,861 $114,900
    2006-- $114,900
    2005-- $114,900
    2004$2,482 $114,900
    2003-- $114,900 +770.5%
    2002-- $13,200
    2001-- $13,200
    Find assessor info on the county website

    Neighborhood: Lower Vailsburg

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $594,300
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $594,300