For sale

Price cut: $90K (9/12)

$690,000

228 Elm St, Newark, NJ 07105

5beds

3baths

--sqft

$5,012/mo

Get pre-qualified

Multi Family

Built in ----

-- sqft lot

$700,400 Zestimate^®

$--/sqft

$-- HOA

What's special

Central airBaseboard heatHardwood floors throughoutExtended second floor

Ironbound heart section, blocks away from Penn station, 2 Family property featuring finished basement with summer kitchen and full bathroom, 2 detached garage, parking space for 2 extra cars, 3 bedrooms second floor apartment, living room. Extended second floor. Hardwood floors throughout. First floor apartment has central air and baseboard heat.

42 days
773
44

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 3

Heating

Baseboard

Cooling

A/C Central - Some, A/C Window Unit(s), Unit 1(A/C Central)

Appliances

Included: Water Heater(Gas), Water Heater

Features

Unit 1(Dining Room, 2 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 2(3 Bedrooms, Kitchen, Living Room)
Basement: Full, Finished, Bath Full, Other Room(s), Exterior Entry, Utility Room, Kitchen

Interior area

Total structure area: 0

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 2
Parking features: Garage, Detached, 3-4 Car Parking, Paved
Garage spaces: 2

Features

Stories: 2

Lot

Size: 2,384 Square Feet
Dimensions: 95.00 x 25.10
Features: Level

Details

Parcel number: 1614009620000000240000

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Roof: Asphalt

Utilities & green energy

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

Community & HOA

Location

Region: Newark

Financial & listing details

Tax assessed value: $409,000
Annual tax amount: $16,355
Date on market: 8/21/2026
Ownership: Fee Simple
Lease term: Unit 2(Month-Month)
Electric utility on property: Yes

Estimated market value

$700,400

$665,000 - $735,000

$2,683/mo

Price history

Date	Event	Price
9/12/2026	Price change	$690,000-11.5%
Source: All Jersey MLS #2703177R Report a problem
8/12/2026	Listed for sale	$780,000+34.7%
Source: GSMLS #4046551 Report a problem
12/28/2020	Sold	$579,000
Source: Public Record Report a problem
7/27/2020	Listing removed	$579,000
Source: Keller Williams Park Views #20024279 Report a problem
6/27/2020	Listed for sale	$579,000
Source: Keller Williams Park Views #20024279 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$16,356 +5.2%	$409,000
2024	$15,554 +1.8%	$409,000
2023	$15,280 +113.3%	$409,000
2022	$7,163	$409,000 +117%
2021	$7,163 +1%	$188,500
2020	$7,089 +37.4%	$188,500
2019	$5,158	$188,500
2018	$5,158 -20.5%	$188,500
2017	$6,484 +4%	$188,500
2016	$6,237 +6.7%	$188,500
2015	$5,845 +5%	$188,500
2014	$5,566 -44%	$188,500
2013	$9,945 +3.7%	$188,500 -34.6%
2012	$9,588 +4.7%	$288,100
2011	$9,162 +16.1%	$288,100
2010	$7,891 +5.4%	$288,100
2009	$7,488 +4.4%	$288,100
2008	$7,174	$288,100
2007	$7,174	$288,100
2006	--	$288,100
2005	--	$288,100
2004	$6,223	$288,100
2003	--	$288,100 +3371.1%
2002	--	$8,300
2001	--	$8,300