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Under contract
    • $849,000

    272-274 Orange St, Newark City, NJ 07103

    8beds
    3,001sqft
    : 
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    Multi Family
    Built in 2006
    -- sqft lot
    $868,000 Zestimate®
    $283/sqft
    $-- HOA

    What's special

    Exceptional opportunity to own a newer construction 3-family property in Newark with strong income potential, spacious layouts, and rare parking flexibility. Built in 2006, this well-sized multi-family features one 2-bedroom apartment and two oversized 3-bedroom apartments, each offering separate living rooms, dining rooms, and in-unit laundry.What truly sets this property apart is the parking and future upside potential. In addition to the built-in 2-car garage, the property also features a massive 4-car-wide driveway in the rear, offering rare off-street parking capacity that is increasingly difficult to find in Newark. The oversized lot may also present future development possibilities for additional units and/or parking, subject to buyer verification and municipal approvals.Conveniently located just blocks from Route 280 and Route 21, this property offers excellent accessibility to major commuter routes, buses, and the Light Rail. Also located near Branch Brook Park, schools, shopping, restaurants, and entertainment including NJPAC.Ideal for investors or owner-occupants seeking a strong long-term hold opportunity with income, space, parking, and future potential all in one property. Property being sold strictly AS-IS. Buyer responsible for obtaining the Certificate of Occupancy and Smoke Certificate.
    66 days
    |
    371
    |
    49
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Luis Davila 201-780-0498,

    Coldwell Banker Realty

    Source: GSMLS,MLS#: 4026353MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • 3 Units, Forced Air, Zoned, See Remarks, Natural Gas
      Cooling
      • Central Air, Zoned, See Remarks
      Appliances
      • Included: Dishwasher, Exhaust Fan, Microwave, Range/Oven - Gas, Refrigerator, Kitchen Exhaust Fan, Microwave Oven, Washer
      • Laundry: Laundry Room
      Features
      • See Remarks, Walk-In Closet(s), Bedrooms, Kitchen, Living/Dining Room, Dining Room, Living Room, Ceiling Fan(s)
      • Flooring: Wood
      • Windows: Thermal Windows/Doors, Blinds
      • Basement: Yes,Finished,Full,Walk-Out Access
      • Has fireplace: No
      Interior area
      • Total structure area: 3,001
      • Total interior livable area: 3,001 sqft

      Property

      Parking
      • Total spaces: 6
      • Parking features: Additional Parking, Concrete, Hard Surface, Parking Lot-Exclusive, See Remarks, Built-In Garage, Attached Carport, Garage Door Opener
      • Attached garage spaces: 2
      • Has carport: Yes
      • Uncovered spaces: 6
      Features
      • Levels: 3-Three Story
      • Stories: 3
      • Exterior features: Curbs, See Remarks, Sidewalk
      • Fencing: Metal Fence
      Lot
      • Size: 3,049 Square Feet
      • Dimensions: 30 x 100
      • Features: Corner Lot, Level, Split Possible
      Details
      • Parcel number: 1614028520000000110000
      • Zoning description: RDV

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Brick, See Remarks, Vinyl Siding
      • Roof: Asphalt Shingle,See Remarks
      Condition
      • Year built: 2006
      • Major remodel year: 2012

      Utilities & green energy

      • Gas: Gas-Natural
      • Sewer: Public Sewer
      • Water: Public, See Remarks
      • Utilities for property: Electricity Connected, Natural Gas Connected, See Remarks

      Community & HOA

      Community
      • Security: Carbon Monoxide Detector(s), Smoke Detector(s), Carbon Monoxide Detector, Smoke Detector, Fire Extinguisher, Security System
      Location
      • Region: Newark

      Financial & listing details

      • Price per square foot: $283/sqft
      • Tax assessed value: $230,300
      • Annual tax amount: $9,209
      • Date on market: 5/15/2026
      • Exclusions: Persona Items
      • Total actual rent: 6300
      • Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas
      • Electric utility on property: Yes

        Estimated market value

        $868,000

        $825,000 - $911,000

        $2,174/mo

        Price history

        DateEventPrice
        7/6/2026Pending sale$849,000$283/sqft
        Source: GSMLS #4026353 Report a problem
        5/13/2026Listed for sale$849,000+50.3%$283/sqft
        Source: NJMLS #26017512 Report a problem
        10/10/2008Sold$565,000+16.7%$188/sqft
        Source: Public Record Report a problem
        1/5/2006Sold$484,000+2320%$161/sqft
        Source: Public Record Report a problem
        6/11/2003Sold$20,000+100%$7/sqft
        Source: Public Record Report a problem
        7/1/1997Sold$10,000+376.2%$3/sqft
        Source: Public Record Report a problem
        2/18/1994Sold$2,100$1/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$9,210 +5.2%$230,300
        2024$8,758 +0.1%$230,300
        2023$8,751 $230,300
        2022$8,751 $230,300
        2021$8,751 +1%$230,300
        2020$8,662 +37.4%$230,300
        2019$6,302 $230,300
        2018$6,302 -20.5%$230,300
        2017$7,922 +4%$230,300
        2016$7,621 +6.7%$230,300
        2015$7,142 +5%$230,300
        2014$6,801 -51.1%$230,300
        2013$13,894 +3.7%$230,300 -42.8%
        2012$13,395 +4.7%$402,500
        2011$12,800 +16.1%$402,500
        2010$11,025 +5.4%$402,500
        2009$10,461 +4.4%$402,500
        2008$10,022 +867.6%$402,500
        2007$1,036 $402,500
        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.
        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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        Climate risks

        Neighborhood: University Heights

        Getting around

        87 / 100
        Very Walkable
        80 / 100
        Excellent Transit
        55 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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