Active

$700,000

257 Parker St, Newark City, NJ 07104

6beds

--sqft

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Multi Family

Built in 1920

-- sqft lot

$717,900 Zestimate^®

$--/sqft

$-- HOA

What's special

Spacious multifamilyMassive lotExpansive driveway area

Exceptional 3-family property in North Newark featuring 2-bedroom, 1-bath layouts in each unit. This spacious multifamily will be delivered vacant, offering flexibility for owner-occupants or investors alike. The property boasts a massive lot and expansive driveway area, a rare feature that adds significant value and potential. Conveniently located near major transportation, shopping, dining, and everyday amenities. A fantastic opportunity to own a versatile income-producing property with strong long-term upside. Schedule your showing today!

59 days

768

39

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 3
Full bathrooms: 3

Heating

Radiators - Steam, Natural Gas

Cooling

Window Unit(s)

Appliances

Included: See Remarks

Features

Bedrooms, Dining Room, Kitchen, Living Room
Basement: Yes,Unfinished
Has fireplace: No

Interior area

Total structure area: 0

Property

Parking

Total spaces: 56
Parking features: Driveway-Exclusive
Uncovered spaces: 56

Lot

Size: 2,613 Square Feet
Dimensions: 25 x 100

Details

Parcel number: 1614005560000000430000

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Vinyl Siding
Roof: See Remarks

Condition

Year built: 1920

Utilities & green energy

Gas: Gas-Natural
Sewer: Public Sewer
Water: Public
Utilities for property: Natural Gas Connected

Community & HOA

Location

Region: Newark

Financial & listing details

Tax assessed value: $184,600
Annual tax amount: $7,382
Date on market: 5/19/2026
Total actual rent: 0
Tenant pays: Electricity, Gas, Tenant Pays Heat, Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Water

Estimated market value

$717,900

$682,000 - $754,000

$2,347/mo

Price history

Date	Event	Price
5/19/2026	Listed for sale	$700,000+300.2%
Source: GSMLS #4028739 Report a problem
8/16/1995	Sold	$174,900
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$7,382 +5.2%	$184,600
2024	$7,020 +0.1%	$184,600
2023	$7,015	$184,600
2022	$7,015	$184,600
2021	$7,015 +1%	$184,600
2020	$6,943 +37.4%	$184,600
2019	$5,052	$184,600
2018	$5,052 -20.5%	$184,600
2017	$6,350 +4%	$184,600
2016	$6,108 +6.7%	$184,600
2015	$5,724 +5%	$184,600
2014	$5,451 -7.3%	$184,600 +4.5%
2012	$5,881 +4.7%	$176,700
2011	$5,619 +16.1%	$176,700
2010	$4,840 +5.4%	$176,700
2009	$4,592 +4.4%	$176,700
2008	$4,400	$176,700
2007	$4,400	$176,700
2006	--	$176,700
2005	--	$176,700
2004	$3,817	$176,700
2003	--	$176,700 +1180.4%
2002	--	$13,800
2001	--	$13,800

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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.

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