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Sold for $670,000
  • $670,000

    604-606 N 5th St, Newark, NJ 07107

    8beds
    --sqft
    Multi Family
    Built in 1926
    -- sqft lot
    $915,500 Zestimate®
    $--/sqft
    $2,302 Estimated rent

    Home value

    $915,500

    $851,000 - $989,000

    $2,302/mo

    Zestimate® history
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    Owner options

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    $2,302/mo

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    $2,302/mo

    Rent Zestimate®

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    $4,703/mo

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    $4,703/mo

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    What's special

    Major highwaysVarious places of worshipEat-in kitchen
    This fourplex is situated in the highly sought-after North Ward of Newark, offering convenient access to NYC public transportation, major highways, various places of worship, and schools. It presents an excellent opportunity for a savvy investor or owner-occupant with a vision and creative flair to turn it into a lucrative investment. The four identical units each feature two bedrooms, an eat-in kitchen, a family room, and one bathroom, providing the potential for an owner to live in one unit while renting out the other three. Additionally, the building has parking available in the rear accessible through a shared driveway, which can be designated for each tenant or rented out as an extra income source. The owner covers the heat and hot water expenses for all units. Tenants are all month-to-month and home will be sold with tenant's in place. This property will be sold "AS IS". No repairs or credits will be be made or given. Buyer is responsible for acquiring C/O and any certs required prior to closing. 203K, Conventional or Cash offers only. SqFt from Tax Records MULTIPLE OFFERS RECEIVED - HiGHEST AND BEST DUE BY 3:00 PM MONDAY 6/19/23

    Zillow last checked:

    Listing updated:

    Listed by:

    SYLVIA AQUINO,

    WEICHERT CO REALTORS

    Source: All Jersey MLS,MLS#: 2312127RMLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Baseboard
    Cooling
    • A/C Window Unit(s)
    Appliances
    • Included: Water Heater(Gas), Water Heater, Unit 1(Range/Oven), Unit 2(Range/Oven), Unit 3(Range/Oven), Unit 4(Range/Oven)
    Features
    • Unit 1(2 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 2(2 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 3(2 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 4(2 Bedrooms, Kitchen, 1 Bath, Living Room)
    • Windows: Screen/Storm Window, Screens/Storms
    • Basement: Full, Laundry Facilities, Storage Space
    Interior area
    • Total structure area: 0

    Property

    Parking
    • Total spaces: 3
    • Parking features: Detached, 4(+)Car Parking
    • Garage spaces: 3
    Features
    • Stories: 2
    • Exterior features: Door(s)-Storm/Screen, Screen/Storm Window, Sidewalk, Yard, Screens/Storms
    Lot
    • Size: 4,486 sqft
    • Features: Easements/Right of Way, Near Public Transit, Near Shopping, Near Train
    Details
    • Parcel number: 071459713

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Roof: Flat
    Condition
    • Year built: 1926

    Utilities & green energy

    • Gas: Natural Gas
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected, Gas In Street

    Community & neighborhood

    Community
    • Community features: Sidewalks
    Location
    • Region: Newark

    Other

    Other facts
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    8/21/2023Sold$670,000+11.7%
    Source: All Jersey MLS #2312127R Report a problem
    6/30/2023Pending sale$600,000
    Source: Weichert Pro #23014424 Report a problem
    6/30/2023Contingent$600,000
    Source: All Jersey MLS #2312127R Report a problem
    6/9/2023Price change$600,000+2.4%
    Source: NJMLS #23014424 Report a problem
    5/23/2023Pending sale$585,900
    Source: Weichert Pro #23014424 Report a problem
    5/22/2023Contingent$585,900
    Source: All Jersey MLS #2312127R Report a problem
    5/22/2023Pending sale$585,900
    Source: NJMLS #23014424 Report a problem
    5/15/2023Listed for sale$585,900
    Source: NJMLS #23014424 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$10,865 +5.2%$271,700
    2024$10,333 +0.1%$271,700
    2023$10,325 $271,700
    2022$10,325 $271,700
    2021$10,325 +1%$271,700
    2020$10,219 +37.4%$271,700
    2019$7,435 $271,700
    2018$7,435 -20.5%$271,700
    2017$9,346 +4%$271,700
    2016$8,991 +6.7%$271,700
    2015$8,425 +5%$271,700
    2014$8,023 -21%$271,700 -10.9%
    2012$10,150 +4.7%$305,000
    2011$9,699 +16.1%$305,000
    2010$8,354 +5.4%$305,000
    2009$7,927 +4.4%$305,000
    2008$7,595 $305,000
    2007$7,595 $305,000
    2006-- $305,000
    2005-- $305,000
    2004$6,588 $305,000
    2003-- $305,000 +1603.9%
    2002-- $17,900
    2001-- $17,900

    Find assessor info on the county website

    Neighborhood: Upper Roseville

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $915,500
    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
    $915,500