Active

Price cut: $25K (8/13)

$500,000

576 13Th Ave, Newark City, NJ 07103

6beds

1,650sqft

$3,363/mo

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Multi Family

Built in 1935

-- sqft lot

$-- Zestimate^®

$303/sqft

$-- HOA

What's special

Excellent investment opportunity! Legal two-family property offering strong income potential in a convenient Newark location. The first-floor unit is vacant, providing an immediate opportunity for an owner-occupant or a new tenant. The second-floor unit is currently occupied and can be delivered vacant upon request. Each unit has separate gas and electric utilities. Conveniently located near public transportation, schools, shopping, parks, and major highways. Property is being sold as is. Buyer is responsible for obtaining any required municipal certifications and conducting their own due diligence regarding zoning, permits, room dimensions, and property use.

21 days

452

17

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 4
Full bathrooms: 4

Heating

Baseboard - Hotwater, Natural Gas

Appliances

Included: Range/Oven - Gas

Features

Bedrooms, Eat-in Kitchen, Kitchen, Living Room, Eat-In Kitchen
Basement: Yes,Finished
Has fireplace: No

Interior area

Total structure area: 1,650
Total interior livable area: 1,650 sqft

Property

Parking

Parking features: On Street

Features

Levels: One
Stories: 1

Lot

Size: 2,613 Square Feet
Dimensions: 25 x 100

Details

Parcel number: 1614017890001000270000

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Vinyl Siding
Roof: Asphalt Shingle

Condition

Year built: 1935

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Underground Utilities

Community & HOA

Community

Security: Smoke Detector(s), Smoke Detector

Location

Region: Newark

Financial & listing details

Price per square foot: $303/sqft
Tax assessed value: $252,700
Annual tax amount: $10,105
Date on market: 8/9/2026
Total actual rent: 2000
Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
8/13/2026	Price change	$500,000-4.8%$303/sqft
Source: GSMLS #4045347 Report a problem
8/9/2026	Listed for sale	$525,000+10.5%$318/sqft
Source: GSMLS #4045347 Report a problem
5/20/2025	Sold	$474,900-9.5%$288/sqft
Source: Public Record Report a problem
2/5/2025	Listing removed	$525,000$318/sqft
Source: GSMLS #3924315 Report a problem
1/27/2025	Listed for sale	$525,000$318/sqft
Source: GSMLS #3924315 Report a problem
10/17/2024	Pending sale	$525,000$318/sqft
Source: NJMLS #24029972 Report a problem
9/16/2024	Listed for sale	$525,000+31.3%$318/sqft
Source: NJMLS #24029972 Report a problem
4/5/2022	Sold	$400,000+515.4%$242/sqft
Source: Public Record Report a problem
7/6/2010	Sold	$65,000$39/sqft
Source: Public Record Report a problem
6/4/2010	Listed for sale	$65,000-15%$39/sqft
Source: ERA Queen City Realty #2734907 Report a problem
4/8/2010	Listing removed	$76,500$46/sqft
Source: ERA Queen City Realty #2734907 Report a problem
1/16/2010	Listed for sale	$76,500-74.1%$46/sqft
Source: ERA Queen City Realty #2734907 Report a problem
7/9/2007	Sold	$295,000+118.5%$179/sqft
Source: Public Record Report a problem
4/9/2007	Sold	$135,000$82/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$10,105 +5.2%	$252,700
2024	$9,610 +98.4%	$252,700
2023	$4,845	$252,700 +98.2%
2022	$4,845	$127,500
2021	$4,845 +1%	$127,500
2020	$4,795 +37.4%	$127,500
2019	$3,489	$127,500
2018	$3,489 -20.5%	$127,500
2017	$4,386 +4%	$127,500
2016	$4,219 +6.7%	$127,500
2015	$3,954 +5%	$127,500
2014	$3,765 -13.4%	$127,500
2013	$4,350 +26%	$127,500 +1.2%
2010	$3,451 +5.4%	$126,000
2009	$3,275	$126,000