Beautiful 3-Family Home with Excellent Income PotentialThis spacious and well-maintained 3-family home features 3 bedrooms in each unit, plus a bonus room on the 2nd and 3rd floors. The property also includes a full finished basement with a full bath and additional rooms ideal for recreation, storage, or flexible use.Each floor offers a very spacious eat-in kitchen, complete with pantries and abundant closet space. Hardwood floors run throughout the home, adding warmth and character. The property is equipped with three furnaces, and the roof and gutters were replaced in July 2025. The basement is heated with electric baseboard heat.Conveniently located near NJT bus lines, Newark Beth Israel Hospital, and just 10 minutes from Newark International Airport, this home is ideal for both homeowners and investors.With strong rental potential, the property can generate close to $7,000 per month in rental income. It will be delivered with two units vacant, offering immediate flexibility for occupancy or rental. Owners are looking to close by April 31.
Under contract
$650,000
42 Seymour Ave, Newark City, NJ 07108
9beds
29,997sqft
Multi Family
Built in ----
-- sqft lot
$659,400 Zestimate®
$22/sqft
$-- HOA
What's special
Very spacious eat-in kitchenAbundant closet space
- 206 days
- 26
- 1
Zillow last checked:
Listing updated:
Listed by:
Erica Campbell 973-277-3965,
Exit Platinum Realty,
Riley Mincey
Source: GSMLS,MLS#: 4009103
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Baseboard - Hotwater, Natural Gas
Appliances
- Included: Range/Oven - Gas, Refrigerator, Water Heater From Furnace
Features
- Bedrooms, Eat-in Kitchen, Living Room, Pantry, Eat-In Kitchen
- Flooring: Tile, Wood
- Basement: Yes,Finished,Full,Walk-Out Access
- Has fireplace: No
Interior area
- Total structure area: 29,997
- Total interior livable area: 29,997 sqft
Property
Parking
- Parking features: On Street
Features
- Levels: 3-Three Story
- Stories: 3
Lot
- Size: 3,049 Square Feet
- Dimensions: 25 x 122
Details
- Parcel number: 1614026570000000370000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Roof: Asphalt Shingle
Utilities & green energy
- Gas: Gas In Street
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Gas In Street
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s), Carbon Monoxide Detector, Smoke Detector, Fire Extinguisher
Location
- Region: Newark
Financial & listing details
- Price per square foot: $22/sqft
- Tax assessed value: $137,100
- Annual tax amount: $5,213
- Date on market: 2/10/2026
- Exclusions: Occupants belongings
- Total actual rent: 29997
- Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas
Estimated market value
$659,400
$626,000 - $692,000
$2,500/mo
Price history
| Date | Event | Price |
|---|---|---|
| 3/19/2026 | Contingent | $650,000$22/sqft |
Source: EXIT Realty broker feed #4009103 Report a problem | ||
| 3/19/2026 | Pending sale | $650,000$22/sqft |
Source: | ||
| 2/10/2026 | Listed for sale | $650,000+381.5%$22/sqft |
Source: | ||
| 9/17/2018 | Listing removed | $135,000-25%$5/sqft |
Source: WORLDWIDE REALTY LLC #3315892 Report a problem | ||
| 9/14/2018 | Sold | $180,000+33.3%$6/sqft |
Source: | ||
| 7/19/2017 | Price change | $135,000+35.1%$5/sqft |
Source: WORLDWIDE REALTY LLC #3315892 Report a problem | ||
| 5/5/2017 | Pending sale | $99,900$3/sqft |
Source: WORLDWIDE REALTY LLC #3315892 Report a problem | ||
| 5/5/2017 | Listed for sale | $99,900-71%$3/sqft |
Source: WORLDWIDE REALTY LLC #3315892 Report a problem | ||
| 10/14/2009 | Sold | $345,000+762.5%$12/sqft |
Source: Public Record Report a problem | ||
| 5/13/2009 | Sold | $40,000-87.5%$1/sqft |
Source: Public Record Report a problem | ||
| 7/19/2006 | Sold | $320,000+19.4%$11/sqft |
Source: Public Record Report a problem | ||
| 2/21/2006 | Sold | $268,000+123.5%$9/sqft |
Source: Public Record Report a problem | ||
| 6/20/2002 | Sold | $119,900$4/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,483 +5.2% | $137,100 |
| 2024 | $5,214 +0.1% | $137,100 |
| 2023 | $5,210 | $137,100 |
| 2022 | $5,210 | $137,100 |
| 2021 | $5,210 +1% | $137,100 |
| 2020 | $5,156 +37.4% | $137,100 |
| 2019 | $3,752 | $137,100 |
| 2018 | $3,752 -20.5% | $137,100 |
| 2017 | $4,716 +4% | $137,100 |
| 2016 | $4,537 +6.7% | $137,100 |
| 2015 | $4,251 +5% | $137,100 |
| 2014 | $4,049 -18.7% | $137,100 |
| 2013 | $4,981 +3.7% | $137,100 -5% |
| 2012 | $4,802 +4.7% | $144,300 |
| 2011 | $4,589 +16.1% | $144,300 |
| 2010 | $3,952 +5.4% | $144,300 |
| 2009 | $3,750 +4.4% | $144,300 |
| 2008 | $3,593 | $144,300 |
| 2007 | $3,593 | $144,300 |
| 2006 | -- | $144,300 |
| 2005 | -- | $144,300 |
| 2004 | $3,117 | $144,300 |
| 2003 | -- | $144,300 +1092.6% |
| 2002 | -- | $12,100 |
| 2001 | -- | $12,100 |
Find assessor info on the county website
Monthly payment
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