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Under contract
  • $825,000

    56 Lentz Ave, Newark City, NJ 07105

    7beds
    4,476sqft
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    Multi Family
    Built in 2002
    -- sqft lot
    $826,600 Zestimate®
    $184/sqft
    $-- HOA

    What's special

    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.
    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#: 4017726MLS Logo

      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

        DateEventPrice
        5/6/2026Pending sale$825,000$184/sqft
        Source: GSMLS #4017726 Report a problem
        4/1/2026Listed for sale$825,000+3.1%$184/sqft
        Source: NJMLS #26009549 Report a problem
        3/21/2026Listing removed$799,999$179/sqft
        Source: NJMLS #26008317 Report a problem
        3/19/2026Listed for sale$799,999+90.9%$179/sqft
        Source: All Jersey MLS #2612122R Report a problem
        8/24/2015Sold$419,000-1.4%$94/sqft
        Source: GSMLS #3197214 Report a problem
        6/13/2015Listed for sale$425,000$95/sqft
        Source: Weichert Realtors #1504295 Report a problem
        3/23/2015Listing removed$425,000$95/sqft
        Source: Weichert Realtors #1504295 Report a problem
        3/1/2015Price change$425,000+6.3%$95/sqft
        Source: Weichert Realtors #1504295 Report a problem
        2/10/2015Listed for sale$399,926+19.4%$89/sqft
        Source: Weichert Realtors #1504295 Report a problem
        11/17/2010Sold$335,000-1.2%$75/sqft
        Source: Public Record Report a problem
        7/24/2010Listing removed$339,000$76/sqft
        Source: Exit Realty Lucky Report a problem
        4/14/2010Listed for sale$339,000+69.5%$76/sqft
        Source: Exit Realty Lucky Report a problem
        9/3/2009Sold$200,000-58.2%$45/sqft
        Source: Public Record Report a problem
        10/3/2005Sold$478,000$107/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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

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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.
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        Climate risks

        Neighborhood: North Ironbound

        Getting around

        71 / 100
        Very Walkable
        47 / 100
        Some Transit
        61 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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