Active

Price cut: $76K (7/28)

$699,000

480 S 17Th St, Newark City, NJ 07103

6beds

4,330sqft

$5,077/mo

Get pre-qualified

Multi Family

Built in 2004

-- sqft lot

$708,000 Zestimate^®

$161/sqft

$-- HOA

What's special

Maximize your portfolio with 480 S 17th Street, a beautifully maintained multi family home optimized for immediate cash flow. Built in 2004, this spacious property features an expansive footprint split across two identical, light-filled units and a fully finished lower level.First & Second Floor Units: Each unit features an identical, high-functioning footprint boasting 3 spacious bedrooms, 2 full bathrooms, great natural light, and a large kitchen with abundant counter space.Bonus Lower Level: A fully fixed-up 1-bedroom, 1-bathroom basement apartment featuring its own independent kitchen and living area ideal for an addtional family setup, guest suite.With a total of 7 bedrooms, 5 bathrooms, and strong structural bones, this well-maintained asset is ready to generate revenue from day one.

85 days
123
10

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 5
Full bathrooms: 5

Heating

Zoned, Natural Gas

Appliances

Included: Refrigerator, Gas Water Heater

Features

Bedrooms, Kitchen, Living Room, Living/Dining Room
Basement: Yes,Finished
Has fireplace: No

Interior area

Total structure area: 4,330
Total interior livable area: 4,330 sqft

Property

Parking

Total spaces: 1
Parking features: 1 Car Width, Built-In Garage
Attached garage spaces: 1
Uncovered spaces: 1

Features

Levels: Two
Stories: 2

Lot

Size: 2,613 Square Feet
Dimensions: 25 x 100

Details

Parcel number: 1614003270000000490000

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Aluminum Siding
Roof: Asphalt Shingle

Condition

Year built: 2004

Utilities & green energy

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

Community & HOA

Location

Region: Newark

Financial & listing details

Price per square foot: $161/sqft
Tax assessed value: $218,300
Annual tax amount: $8,729
Date on market: 7/9/2026
Total actual rent: 3900
Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas

Estimated market value

$708,000

$673,000 - $743,000

$2,797/mo

Price history

Date	Event	Price
7/28/2026	Price change	$699,000-9.8%$161/sqft
Source: GSMLS #4039764 Report a problem
7/9/2026	Listed for sale	$775,000$179/sqft
Source: GSMLS #4039764 Report a problem
7/9/2026	Listing removed	--
Source: Owner Report a problem
7/1/2026	Listed for sale	$775,000+322.3%$179/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%$42/sqft
Source: GSMLS #3190566 Report a problem
6/1/2011	Sold	$125,000-66.1%$29/sqft
Source: Public Record Report a problem
7/24/2006	Sold	$369,000+36.7%$85/sqft
Source: Public Record Report a problem
4/13/2004	Sold	$269,900+349.8%$62/sqft
Source: Public Record Report a problem
10/24/2003	Sold	$60,000$14/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