"Prime Investment Opportunity in Newark's Desirable Ironbound Section. This well-maintained four-family residence offers an exceptional value-add or turn-key opportunity for the savvy investor. Each of the four units features a functional 3-room layout, maximizing rental appeal. The property boasts significant premium amenities rarely found in this high-demand neighborhood, including a full basement with dedicated tenant storage, expansive rear parking, and two private detached garages. Situated in a high-occupancy area with easy access to Penn Station, local dining, and major transportation hubs, this asset is positioned for strong cash flow and long-term appreciation."
Active
$875,000
203 Oliver St, Newark City, NJ 07105
4beds
2,000sqft
Multi Family
Built in 1900
-- sqft lot
$863,800 Zestimate®
$438/sqft
$-- HOA
What's special
Expansive rear parkingTwo private detached garages
- 46 days |
- 205 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Joao Fonseca 973-344-8880,
Sky Realty Associates
Source: GSMLS,MLS#: 4029193
Loading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Heating
- 4+ Units, Baseboard - Hotwater, Natural Gas
Cooling
- Window Unit(s)
Appliances
- Included: Exhaust Fan, Range/Oven - Gas, Kitchen Exhaust Fan, Gas Water Heater
Features
- Bedrooms, Kitchen, Living Room
- Flooring: Tile, Vinyl-Linoleum Floors, Wood
- Basement: Yes,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 2,000
- Total interior livable area: 2,000 sqft
Property
Parking
- Total spaces: 3
- Parking features: Asphalt, Concrete Strip, Driveway-Exclusive, Parking Lot-Exclusive, Detached Garage, Garage
- Garage spaces: 2
- Uncovered spaces: 3
Features
- Levels: 3-Three Story
- Stories: 3
- Patio & porch: Patio
- Fencing: Privacy,Wood
Lot
- Size: 2,613 Square Feet
- Dimensions: 25 x 112
- Features: Level
Details
- Parcel number: 1614009560000000070000
- Zoning description: Residential
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick, Vinyl Siding
- Roof: Flat,Rubber
Condition
- Year built: 1900
- Major remodel year: 2015
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Cable Available
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s), Carbon Monoxide Detector, Smoke Detector, Fire Extinguisher
Location
- Region: Newark
Financial & listing details
- Price per square foot: $438/sqft
- Tax assessed value: $188,400
- Annual tax amount: $7,164
- Date on market: 5/21/2026
- Total actual rent: 3150
- Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas
- Electric utility on property: Yes
Estimated market value
$863,800
$821,000 - $907,000
$2,372/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/21/2026 | Listed for sale | $875,000+417.8%$438/sqft |
Source:  GSMLS #4029193 Report a problem | ||
| 5/21/1998 | Sold | $169,000$85/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,534 +5.2% | $188,400 |
| 2024 | $7,165 +0.1% | $188,400 |
| 2023 | $7,159 | $188,400 |
| 2022 | $7,159 | $188,400 |
| 2021 | $7,159 +1% | $188,400 |
| 2020 | $7,086 +37.4% | $188,400 |
| 2019 | $5,156 | $188,400 |
| 2018 | $5,156 -20.5% | $188,400 |
| 2017 | $6,481 +4% | $188,400 |
| 2016 | $6,234 +6.7% | $188,400 |
| 2015 | $5,842 +5% | $188,400 |
| 2014 | $5,563 -48% | $188,400 |
| 2013 | $10,698 +3.7% | $188,400 -39.2% |
| 2012 | $10,314 +4.7% | $309,900 |
| 2011 | $9,855 +16.1% | $309,900 |
| 2010 | $8,488 +5.4% | $309,900 |
| 2009 | $8,054 +4.4% | $309,900 |
| 2008 | $7,717 | $309,900 |
| 2007 | $7,717 | $309,900 |
| 2006 | -- | $309,900 |
| 2005 | -- | $309,900 |
| 2004 | $6,694 | $309,900 |
| 2003 | -- | $309,900 +2717.3% |
| 2002 | -- | $11,000 |
| 2001 | -- | $11,000 |
Find assessor info on the county website
Monthly payment
Est. payment$--/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: North Ironbound
Nearby schools
GreatSchools rating
- 6/10Oliver Street Elementary SchoolGrades: PK-8Distance: 0.4 mi
- 2/10East Side High SchoolGrades: 9-12Distance: 0.3 mi
- 1/10Malcolm X Shabazz High SchoolGrades: 9-12Distance: 1.5 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
- 07105
- North Ironbound
- 203 Oliver St
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Newark Topics
