Discover a rare, investment opportunity that blends modern updates with consistent cash flow. This renovated three-family home offers a "set it and forget it" appeal for seasoned investors or an ideal situation for a savvy house-hacker looking to offset their mortgage. Benefit from peace of mind with significant renovations completed within the last few years. The heavy lifting has been done for you. The property is currently occupied with reliable tenants. While the property provides steady income, two units are currently on month-to-month leases, offering the new owner maximum flexibility for market-rent adjustments or owner-occupancy.Situated in a vibrant Newark neighborhood, the home is conveniently located near public transportation, local shopping, and essential services. This is urban living at its most practical, catering to a high-demand rental market.
Under contract
$775,000
51 Myrtle Avenue, Newark, NJ 07107
8beds
--sqft
Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 146 days
- 12
- 0
Zillow last checked:
Listing updated:
Listed by:
Tiffany Booker 973-460-4674,
Prominent Properties Sotheby's International Realty-Montclair
Source: NJMLS,MLS#: 26021678
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 3
- Full bathrooms: 3
Appliances
- Laundry: None
Property
Details
- Parcel number: 140189000000300060
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Utilities & green energy
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & HOA
Location
- Region: Newark
Financial & listing details
- Tax assessed value: $336,500
- Annual tax amount: $13,456
- Date on market: 6/10/2026
- Listing agreement: Exclusive Right To Sell
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/4/2026 | Pending sale | $775,000 |
Source: | ||
| 6/10/2026 | Listed for sale | $775,000+3.3% |
Source: | ||
| 7/11/2025 | Listing removed | $749,940 |
Source: | ||
| 5/5/2025 | Price change | $749,9400% |
Source: | ||
| 11/18/2024 | Listed for sale | $749,950+63% |
Source: | ||
| 1/28/2022 | Sold | $460,000+4.5% |
Source: | ||
| 10/29/2021 | Contingent | $440,000 |
Source: | ||
| 4/2/2021 | Price change | $440,000-5.4% |
Source: | ||
| 3/20/2021 | Listed for sale | $464,900+24% |
Source: | ||
| 3/26/2018 | Sold | $375,000+837.5% |
Source: Public Record Report a problem | ||
| 10/3/2016 | Sold | $40,000-56.9% |
Source: | ||
| 5/23/2012 | Listing removed | $92,700 |
Source: Weichert Realtors #2881358 Report a problem | ||
| 8/20/2011 | Listed for sale | $92,700-64.3% |
Source: Weichert Realtors #2881358 Report a problem | ||
| 7/17/2010 | Listed for sale | $259,900 |
Source: CENTURY 21 Semiao & Associates #TEX-Myrtle Report a problem | ||
| 1/5/2010 | Listing removed | $259,900 |
Source: Semiao & Associates #TEX-Myrtle Report a problem | ||
| 7/18/2009 | Price change | $259,900-11.7% |
Source: CENTURY 21 Semiao & Associates #TEX-Myrtle Report a problem | ||
| 4/2/2009 | Price change | $294,500-6.5% |
Source: CENTURY 21 Semiao & Associates #TEX-Myrtle Report a problem | ||
| 3/14/2009 | Price change | $314,900-0.3% |
Source: CENTURY 21 Semiao & Associates #TEX-Myrtle Report a problem | ||
| 1/25/2009 | Price change | $315,900-4.2% |
Source: CENTURY 21 Semiao & Associates #TEX-Myrtle Report a problem | ||
| 9/24/2008 | Listed for sale | $329,900-5.7% |
Source: CENTURY 21 Semiao & Associates #TEX-Myrtle Report a problem | ||
| 11/2/2006 | Sold | $350,000+12.2% |
Source: Public Record Report a problem | ||
| 1/19/2006 | Sold | $312,000+32.8% |
Source: Public Record Report a problem | ||
| 10/7/2004 | Sold | $235,000+92.6% |
Source: Public Record Report a problem | ||
| 6/14/2000 | Sold | $122,000+454.5% |
Source: Public Record Report a problem | ||
| 12/8/1998 | Sold | $22,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $13,457 +5.2% | $336,500 |
| 2024 | $12,797 +39.6% | $336,500 |
| 2023 | $9,166 | $336,500 +39.5% |
| 2022 | $9,166 | $241,200 |
| 2021 | $9,166 +1% | $241,200 |
| 2020 | $9,072 +88.7% | $241,200 |
| 2019 | $4,808 | $241,200 +37.1% |
| 2018 | $4,808 -20.5% | $175,900 |
| 2017 | $6,051 +4% | $175,900 |
| 2016 | $5,821 +6.7% | $175,900 |
| 2015 | $5,455 +5% | $175,900 |
| 2014 | $5,194 +49.1% | $175,900 |
| 2013 | $3,483 +3.7% | $175,900 +74.3% |
| 2012 | $3,358 +4.7% | $100,900 |
| 2011 | $3,209 +16.1% | $100,900 |
| 2010 | $2,764 +5.4% | $100,900 |
| 2009 | $2,622 +4.4% | $100,900 |
| 2008 | $2,512 | $100,900 |
| 2007 | $2,512 | $100,900 |
| 2006 | -- | $100,900 |
| 2005 | -- | $100,900 |
| 2004 | $2,179 | $100,900 |
| 2003 | -- | $100,900 +664.4% |
| 2002 | -- | $13,200 |
| 2001 | -- | $13,200 |
Find assessor info on the county website
Monthly payment
Est. payment







