Fully renovated in 2023, this legal two-family property (with a finished basement and finished attic) is ideally located in the heart of the Ironbound, just minutes from schools, parks, and public transportation.The home features a new roof, new siding, central air and heating for each unit, and all appliances included, offering true turnkey ownership.Each unit offers three bedrooms, two full bathrooms, a living room, and an eat-in kitchen, providing spacious and functional layouts for occupants.The property also includes a finished basement and finished attic, along with additional income potential through four coin-operated machines (two washers and two dryers) located in the basement.The 2023 renovation delivers a hassle-free, income-producing investment opportunity in one of Newark's most sought-after neighborhoods.
Sold for $817,000
$817,000
368 Elm St, Newark, NJ 07105
7beds
--sqft
Multi Family
Built in ----
-- sqft lot
$763,000 Zestimate®
$--/sqft
$2,554 Estimated rent
Home value
$763,000
$725,000 - $801,000
$2,554/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Tina Torres 973-332-3022,
RE/MAX Lifetime Realtors
Bought with:
Outside Agent
Outside Office
Source: NJMLS,MLS#: 26003649
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 6
- Full bathrooms: 6
Appliances
- Laundry: In Basement, Coin/Card
Property
Details
- Parcel number: 1400985000000029
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Utilities & green energy
- Utilities for property: Electricity Connected, Natural Gas Connected, Sep Heat
Community & HOA
Location
- Region: Newark
Financial & listing details
- Tax assessed value: $183,700
- Annual tax amount: $6,989
- Date on market: 2/2/2026
- Listing agreement: Exclusive Right To Sell
Price history
| Date | Event | Price |
|---|---|---|
| 6/23/2026 | Sold | $817,000+5.4% |
Source:  NJMLS #26003649 Report a problem | ||
| 2/17/2026 | Pending sale | $774,900 |
Source:  GSMLS #4007906 Report a problem | ||
| 2/3/2026 | Listed for sale | $774,900+21.1% |
Source: NJMLS #26003649 Report a problem | ||
| 6/1/2023 | Sold | $640,000+220% |
Source: Public Record Report a problem | ||
| 7/27/2020 | Sold | $200,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,346 +5.2% | $183,700 |
| 2024 | $6,986 +1.8% | $183,700 |
| 2023 | $6,863 +0.1% | $183,700 |
| 2022 | $6,859 +5.8% | $183,700 |
| 2021 | $6,481 +1.1% | $183,700 |
| 2020 | $6,409 +43.9% | $183,700 |
| 2019 | $4,454 | $183,700 |
| 2018 | $4,454 -23.5% | $183,700 |
| 2017 | $5,819 +4.3% | $183,700 |
| 2016 | $5,579 +7.4% | $183,700 |
| 2015 | $5,197 +5.5% | $183,700 |
| 2014 | $4,925 -41.4% | $183,700 |
| 2013 | $8,403 +4% | $183,700 -28.8% |
| 2012 | $8,083 +5% | $257,900 |
| 2011 | $7,701 +17.3% | $257,900 |
| 2010 | $6,564 +5.8% | $257,900 |
| 2009 | $6,203 +4.7% | $257,900 |
| 2008 | $5,922 | $257,900 |
| 2007 | $5,922 | $257,900 |
| 2006 | -- | $257,900 |
| 2005 | -- | $257,900 |
| 2004 | $5,321 | $257,900 |
| 2003 | -- | $257,900 +2558.8% |
| 2002 | -- | $9,700 |
| 2001 | -- | $9,700 |
Find assessor info on the county website
Neighborhood: North Ironbound
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Nearby schools
GreatSchools rating
- 6/10Ann Street Elementary SchoolGrades: K-8Distance: 0.1 mi
- 2/10East Side High SchoolGrades: 9-12Distance: 0.2 mi
- 1/10Malcolm X Shabazz High SchoolGrades: 9-12Distance: 2 mi
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Estimated market value
$763,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$763,000
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