Renovated two-family home in Newark featuring two units, each with 2 bedrooms and 1 bath. Property has a 1-car width driveway, spacious backyard, and enclosed front porch. Conveniently located near public transportation, major highways, shopping, and schools. Ideal for investors or owner-occupants seeking strong rental potential and easy NYC access.
Active
$549,999
240-242 Sunset Ave, Newark City, NJ 07106
4beds
--sqft
Multi Family
Built in 1922
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Enclosed front porchSpacious backyard
- 52 days |
- 328 |
- 37 |
Zillow last checked:
Listing updated:
Listed by:
Christopher Stead 973-450-4000,
Re/Max Professionals I
Source: GSMLS,MLS#: 4030972
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Range/Oven - Gas, Refrigerator, Range/Oven - Electric, Electric Water Heater
Features
- Bedrooms, Eat-in Kitchen, Living/Dining Room, Eat-In Kitchen
- Basement: Yes,Partially Finished
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Parking
- Total spaces: 4
- Parking features: 1 Car Width, Off Street, None
- Uncovered spaces: 4
Features
- Levels: Two
- Stories: 2
Lot
- Size: 3,484 Square Feet
- Dimensions: 33 x 100
Details
- Parcel number: 1614040500000000340000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Roof: Asphalt Shingle
Condition
- Year built: 1922
Utilities & green energy
- Gas: Gas In Street
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Gas In Street
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s), Carbon Monoxide Detector, Smoke Detector
Location
- Region: Newark
Financial & listing details
- Tax assessed value: $195,000
- Annual tax amount: $7,798
- Date on market: 5/29/2026
- Total actual rent: 0
- Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/29/2026 | Listed for sale | $549,999+139.1% |
Source:  GSMLS #4030972 Report a problem | ||
| 7/12/2021 | Sold | $230,000+91.7% |
Source: Public Record Report a problem | ||
| 11/1/2017 | Sold | $120,000+215.8% |
Source: GSMLS #3412472 Report a problem | ||
| 7/7/2016 | Sold | $38,000 |
Source: Public Record Report a problem | ||
| 3/23/2016 | Sold | $38,000-85.4% |
Source: GSMLS #3182029 Report a problem | ||
| 10/1/2007 | Sold | $260,000+83.6% |
Source: Public Record Report a problem | ||
| 3/11/2005 | Sold | $141,650+9% |
Source: Public Record Report a problem | ||
| 1/11/2002 | Sold | $129,900+188.7% |
Source: Public Record Report a problem | ||
| 6/30/2000 | Sold | $45,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,798 +5.2% | $195,000 |
| 2024 | $7,416 +15.1% | $195,000 |
| 2023 | $6,441 +0.1% | $195,000 +13.1% |
| 2022 | $6,437 +61.6% | $172,400 |
| 2021 | $3,982 +1% | $172,400 +64.5% |
| 2020 | $3,942 +37.4% | $104,800 |
| 2019 | $2,868 | $104,800 |
| 2018 | $2,868 -20.5% | $104,800 |
| 2017 | $3,605 +4% | $104,800 |
| 2016 | $3,468 +6.7% | $104,800 |
| 2015 | $3,250 +5% | $104,800 |
| 2014 | $3,095 -39.3% | $104,800 |
| 2013 | $5,095 +3.7% | $104,800 -29% |
| 2012 | $4,912 +4.7% | $147,600 |
| 2011 | $4,694 +16.1% | $147,600 |
| 2010 | $4,043 +5.4% | $147,600 |
| 2009 | $3,836 +4.4% | $147,600 |
| 2008 | $3,675 | $147,600 |
| 2007 | $3,675 | $147,600 |
| 2006 | -- | $147,600 |
| 2005 | -- | $147,600 |
| 2004 | $3,188 | $147,600 |
| 2003 | -- | $147,600 +1241.8% |
| 2002 | -- | $11,000 |
| 2001 | -- | $11,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Lower Vailsburg
Nearby schools
GreatSchools rating
- 6/10Ivy Hill Elementary SchoolGrades: PK-8Distance: 0.5 mi
- 1/10West Side High SchoolGrades: 9-12Distance: 1.4 mi
- 1/10Central High SchoolGrades: 9-12Distance: 2 mi
- $--2 bd1 ba850 sqft240 Sunset Ave #2E, Newark, NJ 07106Off Market
- $--2 bd1 ba800 sqft240 Sunset Ave #3, Newark, NJ 07106Off Market
- $--2 bd1 ba-- sqft240 Sunset Ave FLOOR 2, Newark, NJ 07106Off Market
- $646,4004 bd2 ba-- sqft240 Sunset Ave #242, Newark, NJ 07106Off Market
- $545,8004 bd2 ba-- sqft240 Sunset Ave, Newark, NJ 07106Off Market
- $414,700-- bd-- ba1.6k sqft37 Valley St, Newark, NJ 07106Off Market
- $507,700-- bd-- ba2.3k sqft29 Valley St #31, Newark, NJ 07106Off Market
- $--3 bd1 ba1k sqft29 Valley St FLOOR 1, Newark, NJ 07106Off Market
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.
Similar homes
- $500,0005 bd2 ba-- sqft120 Sunset Ave, Newark City, NJ 07106For Sale
MLS ID #4025380, Ramon Ramos, Gild Realty. GSMLS - $439,0003 bd3 ba-- sqft306 Smith St, Newark City, NJ 07106For SaleMLS ID #4041954, Kyle Golden, C-21 Thomson & Co. GSMLS
- $550,0004 bd2 ba-- sqft444 S 19Th St, Newark City, NJ 07103For Sale
MLS ID #4038796, Jeffrey Cuate, Re/Max Professionals I. GSMLS - $679,0007 bd2 ba19k sqft28 Underwood St, Newark City, NJ 07106For Sale
MLS ID #4036727, Tovia Lichtman, Keller Williams Mid-Town Direct. GSMLS - $559,9005 bd3 ba1.5k sqft79 Delmar Pl, Irvington Twp., NJ 07111For SaleMLS ID #4031899, Luis Cruz, Realty One Group Legend. GSMLS
- $539,0006 bd2 ba19k sqft790 S 14Th St, Newark City, NJ 07108For SaleMLS ID #4036672, Tovia Lichtman, Keller Williams Mid-Town Direct. GSMLS
- $559,0006 bd2 ba-- sqft70 S 9Th St, Newark City, NJ 07107For SaleMLS ID #4038235, Moshe Wigder, Bhgre Elite. GSMLS
- $598,0007 bd2 ba2.1k sqft191 21St St, Irvington Twp., NJ 07111For SaleMLS ID #4039708, Naftali Greenberg, Yes Realty. GSMLS
- $600,0005 bd3 ba-- sqft200 Munn Ave, Irvington Twp., NJ 07111For SaleMLS ID #4025462, Brendan Dasilva, Keller Williams - Nj Metro Group. GSMLS
- $400,0004 bd2 ba-- sqft11 Sunset Ave, Newark City, NJ 07106For SaleMLS ID #4027061, Brendan Dasilva, Keller Williams - Nj Metro Group. GSMLS
- $549,0004 bd2 ba19k sqft629 Magnolia Ave, Elizabeth City, NJ 07206For SaleMLS ID #4041820, Michael Martinetti, Keller Williams Realty. GSMLS
- $580,0005 bd2 ba2.3k sqft35 Chester Ave, Irvington Twp., NJ 07111For SaleMLS ID #4031039, Michael Galindez, Re/Max First Realty. GSMLS
- $555,0005 bd2 ba-- sqft55 Naden Ave, Irvington Twp., NJ 07111For SaleMLS ID #4040954, Michael Auer, Coldwell Banker Realty. GSMLS
- $567,0004 bd3 ba-- sqft153 Brookside Ave, Irvington Twp., NJ 07111For SaleMLS ID #4039011, Jonathan Jimenez Cardona, Keller Williams City Views Realty. GSMLS
- $499,0003 bd3 ba-- sqft80 Melrose Ave, Irvington, NJ 07111For Sale
MLS ID #26017839, Adriana Madeira, United Real Estate. NJMLS - $689,5005 bd3 ba20k sqft98 Delmar Pl, Irvington Twp., NJ 07111For SaleMLS ID #4032552, Darrell Bailey, Re/Max First Realty Ii. GSMLS
- $449,0004 bd2 ba19k sqft37 Tichenor Ter, Irvington Twp., NJ 07111For SaleMLS ID #4025402, Tovia Lichtman, Keller Williams Mid-Town Direct. GSMLS
- $599,0007 bd2 ba19k sqft135 Tremont Ave, East Orange City, NJ 07018For SaleMLS ID #4017941, Lipa Brach, Keller Williams Valley Realty. GSMLS
- $629,0006 bd3 ba-- sqft422 18th Avenue, Newark City, NJ 07108For SaleMLS ID #4031046, Pinal Shah, Keller Williams City Views Realty. GSMLS
- $599,0005 bd2 ba19k sqft408 14Th Ave, Irvington Twp., NJ 07111For SaleMLS ID #4024329, Seamona N. Abrams, A & M Dream Realty Llc. GSMLS
