EXCEPTIONAL 2-FAMILY HOME IN NEWARK!!! This beautifully upgraded multi-family residence is ideal for both investors and owner-occupants seeking a move-in-ready, income-generating property in a vibrant and accessible Newark neighborhood. Unit 1 spans two levels, occupying the first floor and finished basement. The main level offers two well-sized bedrooms one featuring charming bay windows and a fully renovated bathroom. The modern kitchen boasts quartz countertops, updated appliances, a spacious dining area, and direct access to the backyard. The lower level includes two additional bedroom areas, a second full bathroom, and another access point to the backyard. Unit 2 has its own entrance leading to the second floor. This unit includes a bedroom area with bay windows, plus two more generously sized bedrooms. A nicely renovated full bathroom and an updated kitchen with dining area and backyard access complete the layout. Additional highlights include elegant moldings, updated flooring, modern plumbing, and thoughtful design touches throughout. Both units feature front and rear entrances, enhancing convenience and privacy. Located just steps from public transportation and within blocks of parks, schools, shops, and restaurants. Whether you're looking to live in one unit and rent the other, or add a high-quality property to your investment portfolio, this is an opportunity not to be missed. SCHEDULE YOUR PRIVATE TOUR TODAY!
Active
$599,999
553 S Orange Ave, Newark City, NJ 07103
7beds
--sqft
Multi Family
Built in ----
-- sqft lot
$620,000 Zestimate®
$--/sqft
$-- HOA
What's special
Modern kitchenFully renovated bathroomModern plumbingElegant moldingsThoughtful design touches throughoutTwo well-sized bedroomsSpacious dining area
- 201 days
- 428
- 44
Zillow last checked:
Listing updated:
Listed by:
Hillel Weinberger 201-500-8354,
Nationwide Homes Realty Llc
Source: GSMLS,MLS#: 4009967
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 3
- Full bathrooms: 3
Heating
- 2 Units, Natural Gas
Cooling
- See Remarks
Features
- Bedrooms, Kitchen, Living/Dining Room
- Basement: Yes,Finished,Full,Walk-Out Access
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Parking
- Parking features: On Street
Features
- Levels: Two
- Stories: 2
Lot
- Size: 2,613 Square Feet
- Dimensions: 25 x 100
Details
- Parcel number: 1614017890000000290000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Roof: Flat
Condition
- Major remodel year: 2022
Utilities & green energy
- Gas: Gas-Natural
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s), Carbon Monoxide Detector, Smoke Detector
Location
- Region: Newark
Financial & listing details
- Tax assessed value: $129,400
- Annual tax amount: $4,921
- Date on market: 2/16/2026
- Exclusions: Tenants appliances and belongings.
- Total actual rent: 2450
- Tenant pays: Electricity, Gas, Tenant Pays Electric, Tenant Pays Gas
- Electric utility on property: Yes
Estimated market value
$620,000
$589,000 - $651,000
$2,485/mo
Price history
| Date | Event | Price |
|---|---|---|
| 2/16/2026 | Listed for sale | $599,999-7.4% |
Source: | ||
| 2/13/2026 | Listing removed | $648,000 |
Source: | ||
| 8/5/2025 | Listed for sale | $648,000+45.6% |
Source: | ||
| 1/11/2023 | Sold | $445,000-2.2% |
Source: Public Record Report a problem | ||
| 11/16/2022 | Pending sale | $454,999 |
Source: | ||
| 9/7/2022 | Listed for sale | $454,999+111.6% |
Source: | ||
| 6/13/2022 | Sold | $215,000+338.8% |
Source: Public Record Report a problem | ||
| 2/8/2000 | Sold | $49,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,175 +5.2% | $129,400 |
| 2024 | $4,921 +0.1% | $129,400 |
| 2023 | $4,917 | $129,400 |
| 2022 | $4,917 | $129,400 |
| 2021 | $4,917 +1% | $129,400 |
| 2020 | $4,867 +37.4% | $129,400 |
| 2019 | $3,541 | $129,400 |
| 2018 | $3,541 -20.5% | $129,400 |
| 2017 | $4,451 +4% | $129,400 |
| 2016 | $4,282 +6.7% | $129,400 |
| 2015 | $4,013 +5% | $129,400 |
| 2014 | $3,821 +30.9% | $129,400 +47.5% |
| 2012 | $2,919 +4.7% | $87,700 |
| 2011 | $2,789 +16.1% | $87,700 |
| 2010 | $2,402 +5.4% | $87,700 |
| 2009 | $2,279 +4.4% | $87,700 |
| 2008 | $2,184 | $87,700 |
| 2007 | $2,184 | $87,700 |
| 2006 | -- | $87,700 |
| 2005 | -- | $87,700 |
| 2004 | $1,894 | $87,700 |
| 2003 | -- | $87,700 +1189.7% |
| 2002 | -- | $6,800 |
| 2001 | -- | $6,800 |
Find assessor info on the county website
Monthly payment
Est. payment








