Strong income-producing opportunity in the heart of Newark! This expansive 2 family property sits on a prominent corner lot. Each unit features 3 well sized bedrooms, including a primary suite with a private full bath, along with hardwood flooring, spacious living areas, and eat-in kitchens with ample cabinetry and tiled finishes.The first unit offers a bright living room with recessed lighting, crown molding, and French doors leading to a large private deck, perfect for entertaining. The second unit features a comfortable living and dining combination. The ground level adds exceptional versatility, featuring a full bathroom and two additional rooms ideal for recreation, workspace, or extended use, along with a convenient laundry area. Additional highlights include separate utilities, semi-private entrances, a one-car garage, and a double wide driveway for ample parking. The fenced-in yard provides added privacy. Conveniently located near public transportation, major highways, parks, shopping, and dining. A great opportunity for both investors and owner-occupants.
Under contract
$825,000
56 Lentz Ave, Newark City, NJ 07105
7beds
4,476sqft
Multi Family
Built in 2002
-- sqft lot
$826,600 Zestimate®
$184/sqft
$-- HOA
What's special
- 96 days |
- 21 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Rommel Gonzalez 973-232-5187,
Lim Bances Realty,
Diana Marcela Varon Agredo
Source: GSMLS,MLS#: 4017726
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 5
- Full bathrooms: 5
Heating
- 2 Units, Forced Air, Natural Gas
Cooling
- 2 Units, Central Air
Appliances
- Included: Dishwasher, Exhaust Fan, Range/Oven - Gas, Kitchen Exhaust Fan, Gas Water Heater
Features
- Walk-In Closet(s), Bedrooms, Dining Room, Eat-in Kitchen, Living Room, Eat-In Kitchen
- Flooring: Tile, Wood
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 4,476
- Total interior livable area: 4,476 sqft
Property
Parking
- Total spaces: 4
- Parking features: 2 Car Width, Attached Garage, Built-In Garage, Garage Door Opener
- Attached garage spaces: 1
- Uncovered spaces: 4
Features
- Levels: 3-Three Story
- Stories: 3
- Patio & porch: Deck, Patio, Porch
- Exterior features: Curbs, Sidewalk
- Fencing: Metal Fence
Lot
- Size: 2,613 Square Feet
- Dimensions: 37 x 71.5
- Features: Corner Lot, Level
Details
- Parcel number: 1614024800000000260000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick, Vinyl Siding
- Roof: Asphalt Shingle
Condition
- Year built: 2002
Utilities & green energy
- Gas: Gas-Natural
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Garbage Extra Charge
Community & HOA
Community
- Security: Carbon Monoxide Detector, Smoke Detector
Location
- Region: Newark
Financial & listing details
- Price per square foot: $184/sqft
- Tax assessed value: $279,200
- Annual tax amount: $11,165
- Date on market: 4/4/2026
- Exclusions: Refrigerators, washer & dryer, Vehicle charger station outlet.
- Total actual rent: 2500
- Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas
- Electric utility on property: Yes
Estimated market value
$826,600
$785,000 - $868,000
$2,102/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/6/2026 | Pending sale | $825,000$184/sqft |
Source: | ||
| 4/1/2026 | Listed for sale | $825,000+3.1%$184/sqft |
Source: | ||
| 3/21/2026 | Listing removed | $799,999$179/sqft |
Source: | ||
| 3/19/2026 | Listed for sale | $799,999+90.9%$179/sqft |
Source: | ||
| 8/24/2015 | Sold | $419,000-1.4%$94/sqft |
Source: | ||
| 6/13/2015 | Listed for sale | $425,000$95/sqft |
Source: Weichert Realtors #1504295 Report a problem | ||
| 3/23/2015 | Listing removed | $425,000$95/sqft |
Source: Weichert Realtors #1504295 Report a problem | ||
| 3/1/2015 | Price change | $425,000+6.3%$95/sqft |
Source: Weichert Realtors #1504295 Report a problem | ||
| 2/10/2015 | Listed for sale | $399,926+19.4%$89/sqft |
Source: Weichert Realtors #1504295 Report a problem | ||
| 11/17/2010 | Sold | $335,000-1.2%$75/sqft |
Source: Public Record Report a problem | ||
| 7/24/2010 | Listing removed | $339,000$76/sqft |
Source: Exit Realty Lucky Report a problem | ||
| 4/14/2010 | Listed for sale | $339,000+69.5%$76/sqft |
Source: Exit Realty Lucky Report a problem | ||
| 9/3/2009 | Sold | $200,000-58.2%$45/sqft |
Source: Public Record Report a problem | ||
| 10/3/2005 | Sold | $478,000$107/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,165 +5.2% | $279,200 |
| 2024 | $10,618 +0.1% | $279,200 |
| 2023 | $10,610 | $279,200 |
| 2022 | $10,610 | $279,200 |
| 2021 | $10,610 +1% | $279,200 |
| 2020 | $10,501 +37.4% | $279,200 |
| 2019 | $7,640 | $279,200 |
| 2018 | $7,640 -20.5% | $279,200 |
| 2017 | $9,604 +4% | $279,200 |
| 2016 | $9,239 +6.7% | $279,200 |
| 2015 | $8,658 +5% | $279,200 |
| 2014 | $8,245 -29.9% | $279,200 |
| 2013 | $11,761 +3.7% | $279,200 -18.1% |
| 2012 | $11,339 +4.7% | $340,700 |
| 2011 | $10,834 +16.1% | $340,700 |
| 2010 | $9,332 +5.4% | $340,700 |
| 2009 | $8,855 +4.4% | $340,700 |
| 2008 | $8,483 +205.8% | $340,700 |
| 2007 | $2,774 | $340,700 |
| 2006 | -- | $340,700 |
| 2005 | -- | $340,700 |
| 2004 | $2,406 | $340,700 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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: North Ironbound
Nearby schools
GreatSchools rating
- 3/10Hawkins Street Elementary SchoolGrades: K-8Distance: 0.1 mi
- 2/10East Side High SchoolGrades: 9-12Distance: 1.2 mi
- 8/10Technology High SchoolGrades: 9-12Distance: 2.5 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- New Jersey
- Essex County
- Newark
- 07105
- North Ironbound
- 56 Lentz Ave







