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Sold for $750,000
  • $750,000

    51 Oakland Ter, Newark, NJ 07106

    6beds
    4baths
    --sqft
    Multi Family
    Built in 2007
    -- sqft lot
    $783,600 Zestimate®
    $--/sqft
    $2,768 Estimated rent

    Home value

    $783,600

    $690,000 - $885,000

    $2,768/mo

    Zestimate® history
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    What's special

    Fully finished walkout basementBonus roomPlenty of storageThree ample sized bedrooms
    Discover this beautifully maintained two-family home, nestled in the heart of Newark's sought after Upper Vailsburg neighborhood. This spacious, sun-filled property is the perfect investment opportunity with easy access to parks, schools, shopping, transportation to NYC, and is close to Seton Hall University. Each unit offers three ample sized bedrooms, two full baths, including a primary bedroom with an ensuite bathroom, separate living and dining room, and plenty of storage. Both units share a laundry room with a washer/dryer hookup and have separate utilities. The first floor unit also includes a fully finished walkout basement with a bonus room, full bath, and separate entrance. Property is located in R2 Zone. Speak with the town about possible three-family conversion. Showings begin on 10/16.

    Zillow last checked:

    Listing updated:

    Listed by:

    JENNIFER NARCISO,

    EXP REALTY, LLC 866-201-6210

    Source: All Jersey MLS,MLS#: 2505045RMLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    Heating
    • Separate Furnaces, Hot Water
    Cooling
    • A/C Central - All, Unit 1(A/C Central), Unit 2(A/C Central)
    Appliances
    • Included: Water Heater(Gas), Water Heater, Unit 1(Dryer, Range/Oven, Refrigerator, Washer), Unit 2(Dryer, Range/Oven, Refrigerator, Washer)
    Features
    • Unit 1(Dining Room, 3 Bedrooms, Kitchen, Living Room, 2+ Baths), Unit 2(Dining Room, 3 Bedrooms, Kitchen, Living Room, 2+ Baths)
    • Basement: Finished, Bath Full, Bedroom, Daylight, Exterior Entry, Storage Space, Tenant Use
    Interior area
    • Total structure area: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage, Built-In Garage, 1-2 Car Parking
    • Attached garage spaces: 1
    Features
    • Stories: 3
    • Exterior features: Sidewalk, Fencing/Wall, Yard
    • Fencing: Fencing/Wall
    Lot
    • Size: 2,500 Square Feet
    • Dimensions: 100.00 x 25.00
    • Features: Level
    Details
    • Parcel number: 51OAKLANDTER

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 2007

    Utilities & green energy

    • Gas: Natural Gas
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Underground Utilities, Electricity Connected, Natural Gas Connected

    Community & HOA

    Community
    • Features: Sidewalks
    Location
    • Region: Newark

    Financial & listing details

    • Tax assessed value: $243,200
    • Annual tax amount: $9,066
    • Date on market: 10/16/2024
    • Ownership: Fee Simple
    • Lease term: Unit 1(Month-Month)
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    12/23/2024Sold$750,000+12%
    Source: All Jersey MLS #2505045R Report a problem
    11/8/2024Pending sale$669,9000%
    Source: NJMLS #24033438 Report a problem
    11/8/2024Contingent$669,999+0%
    Source: All Jersey MLS #2505045R Report a problem
    10/16/2024Price change$669,9000%
    Source: NJMLS #24033438 Report a problem
    10/16/2024Listed for sale$669,999+211.6%
    Source: GSMLS #3929641 Report a problem
    3/14/2013Sold$215,000-10.4%
    Source: Agent Provided Report a problem
    12/1/2012Listing removed$240,000
    Source: Homepath #2974348 Report a problem
    10/3/2012Price change$240,000-50%
    Source: Homepath #2974348 Report a problem
    9/20/2012Listed for sale--
    Source: Homepath Report a problem
    1/9/2008Sold$480,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,726 +5.2%$243,200
    2024$9,249 +0.1%$243,200
    2023$9,242 $243,200
    2022$9,242 $243,200
    2021$9,242 +1%$243,200
    2020$9,147 +37.4%$243,200
    2019$6,655 $243,200
    2018$6,655 -20.5%$243,200
    2017$8,366 +4%$243,200
    2016$8,047 +6.7%$243,200
    2015$7,542 +5%$243,200
    2014$7,182 $243,200
    Find assessor info on the county website

    Neighborhood: Upper Vailsburg

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $783,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $783,600