Attorney Review in Progress. No More Showings. Investors - this is the home you've been waiting for. Live in one unit and let the other 2 pay the mortgage or rent out all 3 units for positive cash flow. This newer, legal three family home has two 3 bedroom units and one 2 bedroom unit, on a short street with no through traffic. All 3 units have 2 bathrooms, an in-unit washer and dryer, and large walk-in closets. First floor unit has tile floor and units 2 and 3 have hardwood floors. The 3 bedroom units have private decks off the living room. There is an attached 2 car garage with a driveway that fits 2 additional cars. Central HVAC All utilities separate! Tenant occupied. ONLY first floor unit can be shown, upper units will not show until written offer is made.
Sold for $825,000
$825,000
53-55 Gray St, Newark, NJ 07107
8beds
--sqft
MultiFamily
Built in ----
-- sqft lot
$928,100 Zestimate®
$--/sqft
$2,063 Estimated rent
Home value
$928,100
$872,000 - $993,000
$2,063/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
LINDA L SHEPHERD 908-812-0341,
COMPASS NEW JERSEY, LLC 551-212-3870
Bought with:
KELLER WILLIAMS PARK VIEWS
Source: HCMLS,MLS#: 230012258
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Natural Gas
Cooling
- Central Air
Features
- Basement: None
Property
Parking
- Parking features: 3+ Cars, Attached, Garage
- Has garage: Yes
Details
- Parcel number: 14 01904000000018
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Contemporary,Multi Level
Materials
- Aluminum Siding, Brick
Community & HOA
Location
- Region: Newark
Financial & listing details
- Tax assessed value: $253,500
- Annual tax amount: $9,470
- Date on market: 4/28/2025
- Inclusions: 3 ovens/gas, 3 dishwashers, 3 microwaves
- Exclusions: tenants belongings
Price history
| Date | Event | Price |
|---|---|---|
| 10/3/2023 | Sold | $825,000+3.3% |
Source: HCMLS #230012258 Report a problem | ||
| 7/29/2023 | Pending sale | $799,000 |
Source:  GSMLS #3855775 Report a problem | ||
| 7/22/2023 | Listed for sale | $799,000+207.3% |
Source: GSMLS #3855775 Report a problem | ||
| 9/15/2009 | Sold | $260,000-50.5% |
Source: Public Record Report a problem | ||
| 1/17/2007 | Sold | $525,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,137 +5.2% | $253,500 |
| 2024 | $9,641 +0.1% | $253,500 |
| 2023 | $9,633 | $253,500 |
| 2022 | $9,633 | $253,500 |
| 2021 | $9,633 +1% | $253,500 |
| 2020 | $9,534 +37.4% | $253,500 |
| 2019 | $6,937 | $253,500 |
| 2018 | $6,937 -20.5% | $253,500 |
| 2017 | $8,720 +4% | $253,500 |
| 2016 | $8,388 +6.7% | $253,500 |
| 2015 | $7,861 +5% | $253,500 |
| 2014 | $7,486 -50.5% | $253,500 |
| 2013 | $15,134 +3.7% | $253,500 -42.2% |
| 2012 | $14,590 +4.7% | $438,400 |
| 2011 | $13,941 +16.1% | $438,400 |
| 2010 | $12,008 +1026.9% | $438,400 |
| 2009 | $1,066 | $438,400 +578.6% |
| 2006 | -- | $64,600 |
| 2005 | -- | $64,600 |
| 2004 | -- | $64,600 |
Find assessor info on the county website
Neighborhood: Lower Roseville
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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: 1 mi
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Estimated market value
$928,100
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
$928,100
- New Jersey
- Essex County
- Newark
- 07107
- Lower Roseville
- 53-55 Gray St
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