A DIAMOND IN THE ROUGH & A TRUE MONEY MAKER! Calling all investors! This legal 4-family home needs some TLC but offers an enormous amount of potential. The property features three 3-bedroom, 1-bath apartments, one 2-bedroom, 1-bath apartment, plus bonus space with a bedroom, bathroom, and kitchen.With multiple units, generous layouts, and excellent income-producing potential, this property is a great opportunity for the savvy investor looking to bring their vision to life and maximize value. A true diamond in the rough with plenty of upside! **Property being sold STRICTLY AS-IS. SELLER WILL NOT MAKE ANY REPAIRS. Buyer responsible for all inspections.
Active
$850,000
24 Montrose St, Newark City, NJ 07106
11beds
4,543sqft
Multi Family
Built in 1910
-- sqft lot
$-- Zestimate®
$187/sqft
$-- HOA
What's special
Generous layouts
- 5 days |
- 194 |
- 6 |
Zillow last checked:
Listing updated:
Listed by:
Aziza Arnette 848-220-7120,
Keller Williams Spring Lake
Source: GSMLS,MLS#: 4047030
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 5.5
- Full bathrooms: 5
- 1/2 bathrooms: 5
Heating
- 4+ Units, Natural Gas
Appliances
- Included: Exhaust Fan, Range/Oven - Gas, Refrigerator, Kitchen Exhaust Fan
Features
- Bedrooms, Eat-in Kitchen, Living Room, Eat-In Kitchen
- Basement: Yes,Full,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 4,543
- Total interior livable area: 4,543 sqft
Property
Parking
- Total spaces: 6
- Parking features: 2 Car Width
- Uncovered spaces: 6
Features
- Levels: One
- Stories: 1
Lot
- Size: 6,098 Square Feet
- Dimensions: 62.50 x 100
Details
- Parcel number: 1614041780000000160000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Siding
- Roof: Asphalt Shingle
Condition
- Year built: 1910
Utilities & green energy
- Gas: Gas-Natural
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Carbon Monoxide Detector
Location
- Region: Newark
Financial & listing details
- Price per square foot: $187/sqft
- Tax assessed value: $309,900
- Annual tax amount: $12,392
- Date on market: 8/15/2026
- Total actual rent: 0
- Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/15/2026 | Listed for sale | $850,000$187/sqft |
Source:  GSMLS #4047030 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Upper Vailsburg
Nearby schools
GreatSchools rating
- 3/10Lincoln Elementary SchoolGrades: PK-8Distance: 0.2 mi
- 1/10West Side High SchoolGrades: 9-12Distance: 1.8 mi
- 1/10Central High SchoolGrades: 9-12Distance: 2.6 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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