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  • $599,999

    553 S Orange Ave, Newark City, NJ 07103

    7beds
    --sqft
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    Multi Family
    Built in ----
    -- sqft lot
    $625,300 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Modern kitchenFully renovated bathroomModern plumbingElegant moldingsThoughtful design touches throughoutTwo well-sized bedroomsSpacious dining area
    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!
    155 days
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    509
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    30
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    Zillow last checked:

    Listing updated:

    Listed by:

    Hillel Weinberger 201-500-8354,

    Nationwide Homes Realty Llc

    Source: GSMLS,MLS#: 4009967MLS Logo

      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

        $625,300

        $594,000 - $657,000

        $2,456/mo

        Price history

        DateEventPrice
        2/16/2026Listed for sale$599,999-7.4%
        Source: GSMLS #4009967 Report a problem
        2/13/2026Listing removed$648,000
        Source: GSMLS #3979618 Report a problem
        8/5/2025Listed for sale$648,000+45.6%
        Source: GSMLS #3979618 Report a problem
        1/11/2023Sold$445,000-2.2%
        Source: Public Record Report a problem
        11/16/2022Pending sale$454,999
        Source: NJMLS #22039705 Report a problem
        9/7/2022Listed for sale$454,999+111.6%
        Source: NJMLS #22033105 Report a problem
        6/13/2022Sold$215,000+338.8%
        Source: Public Record Report a problem
        2/8/2000Sold$49,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Fairmount

        Getting around

        64 / 100
        Somewhat Walkable
        58 / 100
        Good Transit
        47 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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