Under contract

$482,500

523-525 Lake St, Newark City, NJ 07104

5beds

--sqft

$3,536/mo

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Single Family Residence

Built in 1937

6,098 Square Feet Lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Brick home on 60x100 lot in Newark's Lake Street corridor, offering exceptional bones, classic architectural character, and a rare 2-car garage. Brick exterior with classical portico entry, decorative lamp post, manicured front grounds, and ornamental iron gate. Formal living room with a fireplace; formal dining room; five bedrooms with a mix of hardwood and carpet flooring. Four bathrooms including full baths with tub and shower combinations. Two-car detached garage. Minutes to downtown Newark, major NJ Transit rail and bus lines, Routes 1/9 & 21, and Garden State Pkwy ideal for NYC commuters and investors alike.

53 days
2,008
149

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 4
Full bathrooms: 4

Kitchen

Features: Separate Dining Area

Heating

Radiators - Hot Water, Oil Tank Below Ground

Cooling

See Remarks

Appliances

Included: Range/Oven-Gas, Refrigerator

Features

Basement: Yes,Unfinished
Number of fireplaces: 1
Fireplace features: Living Room

Property

Parking

Total spaces: 2
Parking features: 1 Car Width, Detached Garage
Garage spaces: 2

Lot

Size: 6,098 Square Feet
Dimensions: 60 x 100

Details

Parcel number: 1614006330000000100000

Construction

Type & style

Home type: SingleFamily
Architectural style: Colonial
Property subtype: Single Family Residence

Materials

Brick, Vinyl Siding
Roof: Asphalt Shingle

Condition

Year built: 1937

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: See Remarks

Community & HOA

Location

Region: Newark

Financial & listing details

Tax assessed value: $222,600
Annual tax amount: $8,901
Date on market: 9/25/2026
Ownership type: Fee Simple

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
10/28/2026	Pending sale	$482,500
Source: GSMLS #4054368 Report a problem
9/22/2026	Listed for sale	$482,500+226%
Source: NJMLS #26035766 Report a problem
1/3/1997	Sold	$148,000
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2026	$8,902	$222,600
2025	$8,902 +5.2%	$222,600
2024	$8,465 +0.1%	$222,600
2023	$8,459	$222,600
2022	$8,459	$222,600
2021	$8,459 +1%	$222,600
2020	$8,372 +37.4%	$222,600
2019	$6,091	$222,600
2018	$6,091 -20.5%	$222,600
2017	$7,657 +4%	$222,600
2016	$7,366 +6.7%	$222,600
2015	$6,903 +5%	$222,600
2014	$6,573 -38.1%	$222,600 -30.3%
2012	$10,623 +4.7%	$319,200
2011	$10,151 +16.1%	$319,200
2010	$8,743 +5.4%	$319,200
2009	$8,296 +4.4%	$319,200
2008	$7,948	$319,200
2007	$7,948	$319,200
2006	--	$319,200
2005	--	$319,200
2004	$6,895	$319,200
2003	--	$319,200 +1571.2%
2002	--	$19,100
2001	--	$19,100