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Under contract
    • $510,000

    314 Smith St, Newark City, NJ 07106

    7beds
    --sqft
    : 
    $3,461/mo
    Get pre-qualified
    Multi Family
    Built in 1927
    -- sqft lot
    $548,100 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Quiet residential streetAbundant natural lightGenerous room sizesSpacious units
    Exceptional investment opportunity in Newark! This property offers strong income-producing potential with separate utilities, making it an ideal addition to any investment portfolio or a great owner-occupied opportunity. The spacious units feature generous room sizes, abundant natural light, and functional layouts designed for comfortable living. Finished basement with full bathroom and kitchenette. This home is situated on a quiet residential street, the property is conveniently located near major highways, public transportation, shopping, schools, parks, providing easy access for commuters and tenants alike. Whether you're a seasoned investor looking to expand your portfolio or a buyer seeking to offset your mortgage with rental income, this property presents outstanding long-term value in one of Newark's continually growing neighborhoods. Don't miss this excellent opportunity to own a cash-flowing asset with tremendous upside potential. HIGHEST AND BEST OFFERS ARE DUE BY MONDAY, JULY 20, 2026 BY 1PM.
    40 days
    |
    1,064
    |
    88
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Carlos Turner 908-233-9292,

    Re/Max Select

    Source: GSMLS,MLS#: 4040406MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 7
      • Bathrooms: 3.2
      • Full bathrooms: 3
      • 1/2 bathrooms: 2
      Heating
      • 2 Units, See Remarks, Natural Gas
      Cooling
      • See Remarks
      Features
      • Bedrooms, Eat-in Kitchen, Living/Dining Room, Eat-In Kitchen
      • Basement: Yes,Finished
      • Has fireplace: No
      Interior area
      • Total structure area: 0

      Property

      Parking
      • Total spaces: 3
      • Parking features: 1 Car Width, See Remarks, Detached Garage
      • Garage spaces: 2
      • Uncovered spaces: 3
      Features
      • Levels: 3-Three Story
      • Stories: 3
      Lot
      • Size: 3,049 Square Feet
      • Dimensions: 32 x 100
      Details
      • Parcel number: 1614041080000000330000

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Composition Shingle, Vinyl Siding
      • Roof: Asphalt Shingle
      Condition
      • Year built: 1927

      Utilities & green energy

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

      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: 7/14/2026
      • Total actual rent: 0
      • Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas

        Estimated market value

        $548,100

        $521,000 - $576,000

        $2,449/mo

        Price history

        DateEventPrice
        8/10/2026Pending sale$510,000
        Source: GSMLS #4040406 Report a problem
        7/14/2026Listed for sale$510,000+100%
        Source: GSMLS #4040406 Report a problem
        4/16/2022Listing removed--
        Source: Zillow Rental Manager Report a problem
        3/16/2022Listed for rent$2,050
        Source: Zillow Rental Manager Report a problem
        2/15/2019Sold$255,000
        Source: GSMLS #3519460 Report a problem
        1/30/2019Listed for sale$255,000
        Source: RE/MAX SELECT #3519460 Report a problem
        1/4/2019Pending sale$255,000
        Source: RE/MAX SELECT #3519460 Report a problem
        12/7/2018Listed for sale$255,000+24.4%
        Source: RE/MAX SELECT #3519460 Report a problem
        12/22/2017Sold$205,000+5.1%
        Source: GSMLS #3393927 Report a problem
        11/6/2017Listed for sale$195,000-4.9%
        Source: RE/MAX SELECT #3393927 Report a problem
        10/6/2017Sold$205,000+5.1%
        Source: Agent Provided Report a problem
        8/25/2017Pending sale$195,000
        Source: RE/MAX PROPERTIES UNLIMITED #3393927 Report a problem
        8/7/2017Listed for sale$195,000
        Source: RE/MAX PROPERTIES UNLIMITED #3393927 Report a problem
        6/16/2017Pending sale$195,000
        Source: RE/MAX PROPERTIES UNLIMITED #3393927 Report a problem
        6/6/2017Listed for sale$195,000+129.4%
        Source: RE/MAX PROPERTIES UNLIMITED #3393927 Report a problem
        2/3/2015Sold$85,000-4.5%
        Source: GSMLS #3162596 Report a problem
        10/24/2014Listed for sale$89,000
        Source: Jordan Baris, Inc., Realtors #3162596 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$7,798 +5.2%$195,000
        2024$7,416 +0.1%$195,000
        2023$7,410 $195,000
        2022$7,410 $195,000
        2021$7,410 +43%$195,000
        2020$5,183 +103.7%$195,000 +41.5%
        2019$2,544 $137,800
        2018$2,544 -46.3%$137,800
        2017$4,740 +4%$137,800
        2016$4,560 +6.7%$137,800
        2015$4,273 +5%$137,800
        2014$4,069 -20.3%$137,800
        2013$5,106 +3.7%$137,800 -6.8%
        2012$4,922 +4.7%$147,900
        2011$4,703 +16.1%$147,900
        2010$4,051 +5.4%$147,900
        2009$3,844 +4.4%$147,900
        2008$3,683 $147,900
        2007$3,683 $147,900
        2006-- $147,900
        2005-- $147,900
        2004$3,195 $147,900
        2003-- $147,900 +1037.7%
        2002-- $13,000
        2001-- $13,000
        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.
        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.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: Lower Vailsburg

        Getting around

        74 / 100
        Very Walkable
        54 / 100
        Good Transit
        42 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

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