Investment Opportunity: Beautiful 2-Family Home with Bonus Fixed-Up Basement Apartment!
The Units:
First Floor Unit: Spacious 3-bedroom, 2-bathroom apartment featuring a large kitchen with plenty of counter space.
Second Floor Unit: Beautiful 3-bedroom, 2-bathroom apartment with an identical layout and great natural light.
Bonus Mother-Daughter Setup: Fully fixed-up 1-bedroom, 1-bathroom basement apartment. This finished lower level includes its own independent kitchen and living area, providing a setup for extended family or bonus income.
The Investment Potential:
With a total of 7 bedrooms, 5 bathrooms, and generous living spaces, this turnkey property is optimized for return on investment. Well-maintained and ready to generate income from day one!
For sale by owner
$775,000
480 S 17th St, Newark, NJ 07103
7beds
2,800sqft
MultiFamily
Built in 2009
-- sqft lot
$572,000 Zestimate®
$277/sqft
$-- HOA
What's special
Great natural lightGenerous living spaces
- 1 day |
- 130 |
- 7 |
Listed by:
Property Owner (845) 587-8355
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 5
- Full bathrooms: 3
- 3/4 bathrooms: 2
Appliances
- Included: Dishwasher, Range / Oven, Refrigerator
Features
- Flooring: Hardwood
- Basement: Finished
Interior area
- Total interior livable area: 2,800 sqft
Property
Parking
- Parking features: Garage
Lot
- Size: 2,500 Square Feet
Details
- Parcel number: 1400327000000049
Construction
Type & style
- Home type: MultiFamily
Condition
- New construction: No
- Year built: 2009
Community & HOA
Location
- Region: Newark
Financial & listing details
- Price per square foot: $277/sqft
- Tax assessed value: $218,300
- Annual tax amount: $8,730
- Date on market: 7/1/2026
Estimated market value
$572,000
$532,000 - $612,000
$2,683/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/1/2026 | Listed for sale | $775,000+322.3%$277/sqft |
Source: Owner Report a problem | ||
| 6/22/2015 | Listing removed | $1,300 |
Source: Go Section8 Report a problem | ||
| 4/30/2015 | Listed for rent | $1,300 |
Source: Go Section8 Report a problem | ||
| 3/12/2015 | Sold | $183,500+46.8%$66/sqft |
Source: | ||
| 6/1/2011 | Sold | $125,000-66.1%$45/sqft |
Source: Public Record Report a problem | ||
| 7/24/2006 | Sold | $369,000+36.7%$132/sqft |
Source: Public Record Report a problem | ||
| 4/13/2004 | Sold | $269,900+349.8%$96/sqft |
Source: Public Record Report a problem | ||
| 10/24/2003 | Sold | $60,000$21/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,730 +5.2% | $218,300 |
| 2024 | $8,302 +0.1% | $218,300 |
| 2023 | $8,295 | $218,300 |
| 2022 | $8,295 | $218,300 |
| 2021 | $8,295 +1% | $218,300 |
| 2020 | $8,210 +37.4% | $218,300 |
| 2019 | $5,974 | $218,300 |
| 2018 | $5,974 -20.5% | $218,300 |
| 2017 | $7,510 +4% | $218,300 |
| 2016 | $7,224 +6.7% | $218,300 |
| 2015 | $6,769 +5% | $218,300 |
| 2014 | $6,446 -28.8% | $218,300 -19.8% |
| 2012 | $9,059 +4.7% | $272,200 |
| 2011 | $8,656 +16.1% | $272,200 |
| 2010 | $7,456 +5.4% | $272,200 |
| 2009 | $7,074 +4.4% | $272,200 |
| 2008 | $6,778 | $272,200 |
| 2007 | $6,778 | $272,200 |
| 2006 | -- | $272,200 |
| 2005 | -- | $272,200 |
| 2004 | $417 | $272,200 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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: West Side
Nearby schools
GreatSchools rating
- 2/10Camden Street Elementary SchoolGrades: PK-8Distance: 0.2 mi
- 1/10West Side High SchoolGrades: 9-12Distance: 0.5 mi
- 1/10Central High SchoolGrades: 9-12Distance: 0.6 mi
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.
- New Jersey
- Essex County
- Newark
- 07103
- West Side
- 480 S 17th St






