For sale

Price cut: $15K (10/6)

$659,999

21 Gladstone Ave, Newark, NJ 07106

7beds

4baths

--sqft

$4,614/mo

Get pre-qualified

Multi Family

Built in 1907

-- sqft lot

$668,800 Zestimate^®

$--/sqft

$-- HOA

What's special

Studio in attic

Attention investors! Excellent opportunity to own a fully tenant-occupied property with all units leased to long-term tenants, providing immediate rental income from day one. This income-producing property features two residential units, studio in attic and an unfinished basement offering ample storage and potential for future improvements (subject to municipal approvals). Conveniently located near shopping, transportation, schools, and major roadways. A great addition to any investment portfolio. Property is being sold occupied. Serious investors only.

98 days
85
5

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 4

Heating

Baseboard

Cooling

A/C Wall Unit(s), Unit 1(A/C Unit), Unit 2(A/C Unit), Unit 3(A/C Unit)

Appliances

Included: Water Heater(Gas), Water Heater, Unit 1(Range/Oven, Refrigerator), Unit 2(Range/Oven, Refrigerator), Unit 3(Range/Oven, Refrigerator)

Features

Unit 1(3 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 2(3 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 3(1 Bedroom, Kitchen, 1 Bath)
Windows: Blinds
Basement: Partially Finished, Full, Bath Full, Exterior Entry

Interior area

Total structure area: 0

Video & virtual tour

View virtual tour

Property

Parking

Parking features: On Street

Features

Stories: 3
Patio & porch: Patio, Porch(es) - Open, Porch
Exterior features: Patio, Porch(es) - Open, Sidewalk, Fencing/Wall, Yard, Blinds, Porch, Private Entrance
Fencing: Fencing/Wall

Lot

Size: 2,616 Square Feet
Dimensions: 87.20 x 30.00
Features: Near Shopping, Near Public Transit

Details

Parcel number: 1404004000000037

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Roof: Asphalt

Condition

Year built: 1907

Utilities & green energy

Gas: Natural Gas
Sewer: Public Sewer
Water: Private
Utilities for property: Electricity Connected, Natural Gas Connected

Community & HOA

Community

Features: Sidewalks

Location

Region: Newark

Financial & listing details

Tax assessed value: $148,800
Annual tax amount: $5,951
Date on market: 8/3/2026
Ownership: Fee Simple
Lease term: Unit 1(Month-Month),Unit 2(Month-Month)
Electric utility on property: Yes

Estimated market value

$668,800

$635,000 - $702,000

$2,334/mo

Price history

Date	Event	Price
10/6/2026	Price change	$659,999-2.2%
Source: MoreMLS #22623759 Report a problem
8/3/2026	Listed for sale	$674,9990%
Source: MoreMLS #22623759 Report a problem
1/21/2026	Listing removed	$675,000
Source: eXp Realty #22528702 Report a problem
9/20/2025	Listed for sale	$675,000+49.2%
Source: GSMLS #3988123 Report a problem
7/31/2023	Sold	$452,440+5.2%
Source: GSMLS #3846066 Report a problem
6/29/2023	Pending sale	$429,900
Source: GSMLS #3846066 Report a problem
5/30/2023	Listed for sale	$429,900+43.3%
Source: GSMLS #3846066 Report a problem
9/21/2021	Listing removed	--
Source: Zillow Rental Manager Report a problem
9/13/2021	Listed for rent	$1,500-18.9%
Source: Zillow Rental Manager Report a problem
1/27/2018	Listing removed	$1,850
Source: Zillow Rental Network Report a problem
10/28/2017	Listed for rent	$1,850+68.2%
Source: Zillow Rental Network Report a problem
3/6/2012	Listing removed	$1,100
Source: For Rent by Owner, Inc. Report a problem
11/9/2011	Listed for rent	$1,100
Source: For Rent by Owner, Inc. Report a problem
4/21/2009	Sold	$300,000+220.9%
Source: Public Record Report a problem
1/29/2008	Sold	$93,500-70.3%
Source: Public Record Report a problem
11/19/2004	Sold	$315,000+472.7%
Source: Public Record Report a problem
5/24/1995	Sold	$55,000
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,951 +5.2%	$148,800
2024	$5,659 +0.1%	$148,800
2023	$5,654	$148,800
2022	$5,654	$148,800
2021	$5,654 +1%	$148,800
2020	$5,596 +37.4%	$148,800
2019	$4,072	$148,800
2018	$4,072 -20.5%	$148,800
2017	$5,119 +4%	$148,800
2016	$4,924 +6.7%	$148,800
2015	$4,614 +5%	$148,800
2014	$4,394 +34.5%	$148,800 +51.5%
2012	$3,268 +4.7%	$98,200
2011	$3,123 +16.1%	$98,200
2010	$2,690 +5.4%	$98,200
2009	$2,552 +4.4%	$98,200
2008	$2,445	$98,200
2007	$2,445	$98,200
2006	--	$98,200
2005	--	$98,200
2004	$2,121	$98,200
2003	--	$98,200 +800.9%
2002	--	$10,900
2001	--	$10,900