Skip main navigation
Active
  • Price cut: $55K (7/15)
    $819,999

    32 Martin Luther King Jr B, Newark City, NJ 07104

    8beds
    --sqft
    : 
    $5,565/mo
    Get pre-qualified
    Multi Family
    Built in 1882
    -- sqft lot
    $819,100 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Eat-in kitchenSemi-kitchen setupFinished bonus basement
    Excellent investment opportunity in Newark's desirable 07104 area! This 3-family property offers strong income potential and additional living space with a finished bonus basement. Unit 1 features 2 bedrooms, a living room, eat-in kitchen, and 1 full bathroom. Units 2 and 3 each offer 3 bedrooms, a living room, eat-in kitchen, and 1 full bathroom. The finished basement includes 2 bedrooms, a living room, and a semi-kitchen setup, providing flexible use options. Property requires TLC and presents an ideal value-add opportunity for investors or owner-occupants looking to renovate and maximize returns. Property may be delivered vacant, allowing the next owner to complete modern updates and achieve market rents. Conveniently located near transportation, shopping, schools, and major highways. Being sold as-is. Buyers responsible for conducting their own due diligence regarding legal use and municipal requirements.
    54 days
    |
    220
    |
    11
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Luiz Bento 862-405-1152,

    Xentry Property Group Llc

    Source: GSMLS,MLS#: 4031549MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 4
      • Full bathrooms: 4
      Heating
      • 3 Units, Natural Gas
      Cooling
      • Window Unit(s)
      Appliances
      • Included: See Remarks
      Features
      • Bedrooms, Eat-in Kitchen, Living Room, Eat-In Kitchen
      • Basement: Yes,Finished,Full
      • Has fireplace: No
      Interior area
      • Total structure area: 0

      Property

      Parking
      • Parking features: None
      Features
      • Levels: 3-Three Story
      • Stories: 3
      Lot
      • Size: 2,613 Square Feet
      • Dimensions: 25 x 100
      Details
      • Parcel number: 1614004830000000770000

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Aluminum Siding
      • Roof: See Remarks
      Condition
      • Year built: 1882

      Utilities & green energy

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

      Community & HOA

      Location
      • Region: Newark

      Financial & listing details

      • Tax assessed value: $169,600
      • Annual tax amount: $6,782
      • Date on market: 6/2/2026
      • Exclusions: Owners personal property
      • Total actual rent: 0
      • Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas

        Estimated market value

        $819,100

        $778,000 - $860,000

        $2,579/mo

        Price history

        DateEventPrice
        7/15/2026Price change$819,999-6.3%
        Source: GSMLS #4031549 Report a problem
        6/2/2026Listed for sale$875,000
        Source: GSMLS #4031549 Report a problem

        Public tax history

        Tax history is unavailable.

        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Seventh Avenue

        Getting around

        91 / 100
        Walker's Paradise
        77 / 100
        Excellent Transit
        52 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

        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.

        Browse local experts

        Similar homes