Active

Price increase: $47K (8/12)

$599,999

283 N 5Th St, Newark City, NJ 07107

4beds

--sqft

$4,312/mo

Get pre-qualified

Multi Family

Built in 1920

-- sqft lot

$604,700 Zestimate^®

$--/sqft

$-- HOA

What's special

Eat-in kitchenPrivate backyardFully finished walkout basementUpdated roof

Well-maintained two-family home in the desirable North Newark section, offering an excellent opportunity for both owner-occupants and investors. Each unit features 2 spacious bedrooms, 1 full bathroom, a bright living room, and an eat-in kitchen. The fully finished walkout basement includes two additional rooms, providing flexible space for recreation, a home office, gym, or storage (buyer to perform their own due diligence regarding permitted use). Enjoy a private backyard, perfect for entertaining or relaxing. The property also features an updated roof for added peace of mind. Conveniently located near public transportation, major highways, schools, shopping, parks, and restaurants, with easy access to NYC. A fantastic opportunity with plenty of potential don't miss it!

51 days
151
4

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3
Full bathrooms: 3

Heating

Baseboard - Hotwater, Natural Gas

Cooling

Window Unit(s)

Appliances

Included: See Remarks

Features

Bedrooms, Eat-in Kitchen, Living/Dining Room, Eat-In Kitchen
Basement: Yes,Full,Unfinished
Has fireplace: No

Interior area

Total structure area: 0

Property

Parking

Parking features: None

Features

Levels: Two
Stories: 2

Lot

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

Details

Parcel number: 1614019320000000490000

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

See Remarks
Roof: See Remarks

Condition

Year built: 1920

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Underground Utilities

Community & HOA

Location

Region: Newark

Financial & listing details

Tax assessed value: $196,500
Annual tax amount: $7,858
Date on market: 8/12/2026
Exclusions: Personal property
Total actual rent: 0
Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas

Estimated market value

$604,700

$574,000 - $635,000

$2,882/mo

Price history

Date	Event	Price
8/12/2026	Price change	$646,999+7.8%
Source: NJMLS #26028288 Report a problem
8/12/2026	Listed for sale	$599,999-7.7%
Source: GSMLS #4046341 Report a problem
8/4/2026	Listing removed	$649,999
Source: GSMLS #4042187 Report a problem
7/21/2026	Listed for sale	$649,999+27.5%
Source: GSMLS #4042187 Report a problem
6/14/2024	Sold	$510,000+14.6%
Source: GSMLS #3890119 Report a problem
6/6/2024	Pending sale	$445,000-0.9%
Source: NJMLS #23036746 Report a problem
3/11/2024	Price change	$449,000+1%
Source: GSMLS #3890119 Report a problem
12/21/2023	Price change	$444,500-0.1%
Source: GSMLS #3877153 Report a problem
12/5/2023	Listed for sale	$445,000
Source: NJMLS #23036746 Report a problem
10/20/2023	Listing removed	--
Source: GSMLS #3862895 Report a problem
9/5/2023	Price change	$445,000-0.9%
Source: GSMLS #3862895 Report a problem
5/19/2023	Listed for sale	$449,000+19.7%
Source: GSMLS #3844747 Report a problem
1/26/2023	Listing removed	--
Source: GSMLS #3823453 Report a problem
1/19/2023	Price change	$375,000-9.6%
Source: GSMLS #3823453 Report a problem
1/7/2023	Listed for sale	$415,000-12.6%
Source: GSMLS #3823453 Report a problem
1/7/2023	Listing removed	$475,000
Source: NJMLS #22038779 Report a problem
10/26/2022	Listed for sale	$475,000+39.7%
Source: NJMLS #22038779 Report a problem
7/28/2021	Listing removed	--
Source: GSMLS #3651561 Report a problem
4/8/2021	Listed for sale	$340,000-5.6%
Source: GSMLS #3651561 Report a problem
9/29/2020	Price change	$360,000-4%
Source: HomeQuest Realty Group #20029752 Report a problem
7/27/2020	Listed for sale	$375,000+31.6%
Source: HOMEQUEST REALTY GROUP LLC #3651561 Report a problem
7/1/2019	Sold	$285,000+50%
Source: Public Record Report a problem
11/16/2018	Sold	$190,000+217.2%
Source: Public Record Report a problem
4/26/2017	Listing removed	$59,900
Source: CENTURY 21 Rauh & Johns #6895012 Report a problem
3/16/2017	Pending sale	$59,900
Source: CENTURY 21 Rauh & Johns #6895012 Report a problem
11/28/2016	Listed for sale	$59,900+648.8%
Source: CENTURY 21 Rauh & Johns #6895012 Report a problem
1/18/1995	Sold	$8,000
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$7,858 +5.2%	$196,500
2024	$7,473 +0.1%	$196,500
2023	$7,467	$196,500
2022	$7,467	$196,500
2021	$7,467 +82.1%	$196,500
2020	$4,099 +37.4%	$196,500 +80.3%
2019	$2,983	$109,000
2018	$2,983 -20.5%	$109,000
2017	$3,750 +4%	$109,000
2016	$3,607 +6.7%	$109,000
2015	$3,380 +5%	$109,000
2014	$3,219 -37.3%	$109,000 -29.3%
2012	$5,132 +4.7%	$154,200
2011	$4,904 +16.1%	$154,200
2010	$4,224 +5.4%	$154,200
2009	$4,008 +4.4%	$154,200
2008	$3,840	$154,200
2007	$3,840	$154,200
2006	--	$154,200
2005	--	$154,200
2004	$3,331	$154,200
2003	--	$154,200 +1368.6%
2002	--	$10,500
2001	--	$10,500