Active

Price cut: $20K (9/22)

$799,000

55 Hawkins St, Newark City, NJ 07105

11beds

3,000sqft

$5,694/mo

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Multi Family

Built in 1857

-- sqft lot

$777,500 Zestimate^®

$266/sqft

$-- HOA

What's special

Rare Opportunity in the Ironbound Section of Newark, 3 Units , offering endless potential for investors , featuring new plumbing and electric, separate utilities This turnkey building is ready for immediate income,

149 days
316
17

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 11
Bathrooms: 4
Full bathrooms: 4

Heating

3 Units, Natural Gas

Appliances

Included: Range/Oven - Gas, Refrigerator, Gas Water Heater

Features

Bedrooms, Eat-in Kitchen, Living/Dining Room, Eat-In Kitchen
Basement: Yes,Finished
Has fireplace: No

Interior area

Total structure area: 3,000
Total interior livable area: 3,000 sqft

Property

Parking

Parking features: On Street, On-Street Parking
Has uncovered spaces: Yes

Features

Levels: 3-Three Story
Stories: 3

Lot

Size: 1,742 Square Feet
Dimensions: 25.9 x 66.7

Details

Parcel number: 1614024840000000470000

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Aluminum Siding, Stone
Roof: Flat,Rubber

Condition

Year built: 1857

Utilities & green energy

Gas: Gas In Street
Sewer: Public Sewer
Water: Public
Utilities for property: Gas In Street

Community & HOA

Location

Region: Newark

Financial & listing details

Price per square foot: $266/sqft
Tax assessed value: $337,200
Annual tax amount: $13,484
Date on market: 5/14/2026
Total actual rent: 6900
Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas

Estimated market value

$777,500

$739,000 - $816,000

$2,198/mo

Price history

Date	Event	Price
9/22/2026	Price change	$799,000-2.4%$266/sqft
Source: GSMLS #4027827 Report a problem
8/27/2026	Price change	$819,000-4.7%$273/sqft
Source: NJMLS #26017726 Report a problem
8/6/2026	Price change	$859,000-4.4%$286/sqft
Source: GSMLS #4027827 Report a problem
7/9/2026	Price change	$899,000-4.3%$300/sqft
Source: GSMLS #4027827 Report a problem
6/22/2026	Price change	$939,000-3.1%$313/sqft
Source: NJMLS #26017726 Report a problem
6/18/2026	Price change	$969,000-3%$323/sqft
Source: NJMLS #26017726 Report a problem
5/27/2026	Price change	$999,000-6.2%$333/sqft
Source: GSMLS #4027827 Report a problem
5/14/2026	Listed for sale	$1,065,000+78.5%$355/sqft
Source: NJMLS #26017726 Report a problem
11/10/2021	Sold	$596,700$199/sqft
Source: Public Record Report a problem
9/3/2021	Sold	$596,700+2%$199/sqft
Source: HCMLS #210005656 Report a problem
5/23/2021	Listing removed	--
Source: New Jersey Multiple Listing Service, Inc Report a problem
3/9/2021	Listed for sale	$585,000$195/sqft
Source: HCMLS #210005656 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$13,485 +5.2%	$337,200
2024	$12,824 +33.9%	$337,200
2023	$9,580	$337,200 +33.8%
2022	$9,580	$252,100
2021	$9,580 +1%	$252,100
2020	$9,481 +108.4%	$252,100
2019	$4,549	$252,100
2018	$4,549 -47.5%	$252,100
2017	$8,672 +4%	$252,100
2016	$8,342 +6.7%	$252,100
2015	$7,818 +5%	$252,100
2014	$7,445 -26.9%	$252,100
2013	$10,183 +3.7%	$252,100 -14.5%
2012	$9,818 +4.7%	$295,000
2011	$9,381 +16.1%	$295,000
2010	$8,080 +5.4%	$295,000
2009	$7,667 +4.4%	$295,000
2008	$7,346	$295,000
2007	$7,346	$295,000
2006	--	$295,000
2005	--	$295,000
2004	$6,372	$295,000
2003	--	$295,000 +2260%
2002	--	$12,500
2001	--	$12,500