Active

$575,000

56 Columbia Ave, Newark City, NJ 07106

6beds

29,997sqft

$3,903/mo

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Multi Family

Built in 1910

-- sqft lot

$594,300 Zestimate^®

$19/sqft

$-- HOA

What's special

New floor

Estate Sale. Welcome to this spacious 3 family newly renovated in 2024 featuring total 6 bedrooms and 3 full bathrooms, separate utilities 3 new boilers, 3 new hot water tanks and 3 meters; new floor. All units are fully rented; Unit 2 & 3 are month to month and unit 1 lease expires end of February 2027. This property is excellent opportunity for both home owners and investors. Inspection limited to structural, environmental and mechanical issues. New property taxes for 3rd QTR 2026 $3,749.89. Buyer to verify property taxes with the City of Newark.

31 days
374
14

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 3
Full bathrooms: 3

Heating

3 Units, Natural Gas

Cooling

Ceiling Fan(s), Window Unit(s)

Appliances

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

Features

High Ceilings, Walk-In Closet(s), Bedrooms, Dining Room, Eat-in Kitchen, Living Room, Pantry, Eat-In Kitchen, Master Bedroom
Doors: Storm Door(s)
Basement: Yes,Finished,Full,Walk-Out Access
Has fireplace: No

Interior area

Total structure area: 29,997
Total interior livable area: 29,997 sqft

Property

Parking

Total spaces: 2
Parking features: 1 Car Width, Asphalt, On Street, See Remarks
Uncovered spaces: 2

Features

Levels: 3-Three Story
Stories: 3
Patio & porch: Enclosed Porch(es), Porch
Exterior features: Sidewalk

Lot

Size: 3,484 Square Feet
Dimensions: 33.4 x 100
Features: Level

Details

Parcel number: 1614040310000000320000
Zoning description: Residential

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Aluminum Siding, Brick
Roof: Asphalt Shingle

Condition

Year built: 1910
Major remodel year: 2024

Utilities & green energy

Gas: Gas-Natural
Sewer: Public Available
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected, Cable Available, Fiber Optic Available

Community & HOA

Community

Security: Carbon Monoxide Detector(s), Smoke Detector(s), Carbon Monoxide Detector, Smoke Detector, Fire Extinguisher

Location

Region: Newark

Financial & listing details

Price per square foot: $19/sqft
Tax assessed value: $207,800
Annual tax amount: $2,575
Date on market: 7/28/2026
Exclusions: Tenants belongings
Total actual rent: 5300
Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas
Electric utility on property: Yes

Estimated market value

$594,300

$565,000 - $624,000

$2,200/mo

Price history

Date	Event	Price
7/28/2026	Listed for sale	$575,000$19/sqft
Source: GSMLS #4043354 Report a problem
5/2/2025	Listing removed	$2,500
Source: All Jersey MLS #2509650R Report a problem
3/2/2025	Listed for rent	$2,500
Source: All Jersey MLS #2509650R Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,575 -59.2%	$64,400 -61.2%
2024	$6,305 +0.1%	$165,800
2023	$6,300	$165,800
2022	$6,300	$165,800
2021	$6,300 +1%	$165,800
2020	$6,236 +108.2%	$165,800
2019	$2,996	$165,800
2018	$2,996 -47.5%	$165,800
2017	$5,704 +4%	$165,800
2016	$5,486 +6.7%	$165,800
2015	$5,141 +5%	$165,800
2014	$4,896 -5.4%	$165,800
2013	$5,175 +3.7%	$165,800 +10.6%
2012	$4,989 +4.7%	$149,900
2011	$4,767 +16.1%	$149,900
2010	$4,106 +5.4%	$149,900
2009	$3,896 +4.4%	$149,900
2008	$3,733	$149,900
2007	$3,733	$149,900
2006	--	$149,900
2005	--	$149,900
2004	$3,238	$149,900
2003	--	$149,900 +1214.9%
2002	--	$11,400
2001	--	$11,400