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Off market
  • $709,500

    56 Highland Ave, Newark, NJ 07104

    9beds
    2,250sqft
    MultiFamily
    Built in 1940
    -- sqft lot
    $709,500 Zestimate®
    $315/sqft
    $2,168 Estimated rent

    Home value

    $709,500

    $646,000 - $773,000

    $2,168/mo

    Zestimate® history
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    $2,168/mo

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    $4,995/mo

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    $4,995/mo

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    What's special

    This is a huge multi family house on the North side of Newark with the intersection streets of Park Ave and Bloomfield Ave. Great neighborhood with high property values. A lot of the pics are old and the house has been renovated since then, with new wood floors, new ceramic tiles and newly painted walls and ceilings. It has a 4 bedroom duplex on the top and a 3 bedroom on the 1st flr and a 2 bedroom finished basement. The property is fully occupied with good paying tenants that has been at the property over 3-8 years. All of the tenants are paying market rent with some room to increase if you want. Commuters friendly with plenty of shopping areas. It also has a a huge cement backyard with a huge storage house in the backyard. Great deal so act fast!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Baseboard, Gas
    Appliances
    • Included: Microwave, Range / Oven, Refrigerator
    Features
    • Flooring: Tile, Linoleum / Vinyl
    • Basement: Finished
    Interior area
    • Total interior livable area: 2,250 sqft

    Property

    Parking
    • Parking features: On-street
    Features
    • Exterior features: Vinyl
    • Has view: Yes
    • View description: Territorial, City
    Lot
    • Size: 2,613 Square Feet
    Details
    • Parcel number: 1400506000000009

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Frame
    • Roof: Shake / Shingle
    Condition
    • Year built: 1940

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Gas-Natural

    Community & HOA

    Location
    • Region: Newark

    Financial & listing details

    • Price per square foot: $315/sqft
    • Tax assessed value: $186,200
    • Annual tax amount: $7,446

    Price history

    DateEventPrice
    6/14/2021Sold$215,000+22.9%$96/sqft
    Source: Public Record Report a problem
    9/3/2020Listing removed$175,000$78/sqft
    Source: OPTION 1 REALTY GROUP, LLC #3615726 Report a problem
    7/24/2020Pending sale$175,000$78/sqft
    Source: OPTION 1 REALTY GROUP, LLC #3615726 Report a problem
    2/11/2020Listed for sale$175,000-54.5%$78/sqft
    Source: OPTION 1 REALTY GROUP, LLC #3615726 Report a problem
    1/11/2020Listing removed$385,000$171/sqft
    Source: Owner Report a problem
    7/14/2019Listed for sale$385,000+413.3%$171/sqft
    Source: Owner Report a problem
    2/20/2015Sold$75,000-69.4%$33/sqft
    Source: GSMLS #3088035 Report a problem
    7/19/2012Sold$245,000+180%$109/sqft
    Source: Public Record Report a problem
    8/27/2009Sold$87,500-33.2%$39/sqft
    Source: Public Record Report a problem
    3/9/2009Listing removed$131,000$58/sqft
    Source: foreclosure.com Report a problem
    2/9/2009Price change$131,000-6.1%$58/sqft
    Source: foreclosure.com Report a problem
    10/19/2008Price change$139,500-9.9%$62/sqft
    Source: foreclosure.com Report a problem
    5/28/2008Listed for sale$154,900-48.4%$69/sqft
    Source: RealBird #2521409 Report a problem
    5/1/2006Sold$300,000$133/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,446 +5.2%$186,200
    2024$7,081 +0.1%$186,200
    2023$7,076 $186,200
    2022$7,076 $186,200
    2021$7,076 +1%$186,200
    2020$7,003 +37.4%$186,200
    2019$5,095 $186,200
    2018$5,095 -20.5%$186,200
    2017$6,405 +4%$186,200
    2016$6,161 +6.7%$186,200
    2015$5,774 +5%$186,200
    2014$5,498 -2.9%$186,200 +9.5%
    2012$5,661 +4.7%$170,100
    2011$5,409 +16.1%$170,100
    2010$4,659 +5.4%$170,100
    2009$4,421 +4.4%$170,100
    2008$4,235 $170,100
    2007$4,235 $170,100
    2006-- $170,100
    2005-- $170,100
    2004$3,674 $170,100
    2003-- $170,100 +2109.1%
    2002-- $7,700
    2001-- $7,700
    Find assessor info on the county website

    Neighborhood: Seventh Avenue

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: BRANCH BRK
    • Middle: W HORTON
    • High: BARRINGER

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $709,500
    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
    $709,500