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.
For sale
$775,000
51 Myrtle Ave, Newark, NJ 07107
8beds
--sqft
Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 71 days |
- 71 |
- 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 |
|---|---|---|
| 6/10/2026 | Listed for sale | $775,000+3.3% |
Source:  NJMLS #26021678 Report a problem | ||
| 7/11/2025 | Listing removed | $749,940 |
Source:  GSMLS #3934871 Report a problem | ||
| 5/5/2025 | Price change | $749,9400% |
Source: GSMLS #3934871 Report a problem | ||
| 11/18/2024 | Listed for sale | $749,950+63% |
Source: GSMLS #3934871 Report a problem | ||
| 1/28/2022 | Sold | $460,000+4.5% |
Source: GSMLS #3698712 Report a problem | ||
| 10/29/2021 | Contingent | $440,000 |
Source: NJMLS #21009828 Report a problem | ||
| 4/2/2021 | Price change | $440,000-5.4% |
Source:  New Jersey Multiple Listing Service, Inc #21009828 Report a problem | ||
| 3/20/2021 | Listed for sale | $464,900+24% |
Source: New Jersey Multiple Listing Service, Inc #21009828 Report a problem | ||
| 3/26/2018 | Sold | $375,000+837.5% |
Source: Public Record Report a problem | ||
| 10/3/2016 | Sold | $40,000-56.9% |
Source: GSMLS #3256305 Report a problem | ||
| 5/23/2012 | Listing removed | $92,700 |
Source: Weichert Realtors #2881358 Report a problem | ||
| 8/20/2011 | Price change | $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
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Lower Roseville
Nearby schools
GreatSchools rating
- 4/10Dr. E. Alma Flagg Elementary SchoolGrades: PK-8Distance: 0.3 mi
- 1/10Barringer High SchoolGrades: 9-12Distance: 0.7 mi
- 1/10West Side High SchoolGrades: 9-12Distance: 0.9 mi
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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.
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