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Price cut: $91K (6/3)

$491,000

71 N 5Th St, Newark City, NJ 07107

8beds

--sqft

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Multi Family

Built in ----

-- sqft lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Take this opportunity to own a large Multi-family home in North Newark. Needs Work Short Sale buyer responsible for all city inspections and fire inspection

36 days

971

29

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 3
Full bathrooms: 3

Heating

See Remarks, Natural Gas

Cooling

Window Unit(s)

Appliances

Included: Gas Water Heater

Features

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

Interior area

Total structure area: 0

Property

Parking

Parking features: On Street, On-Street Parking
Has uncovered spaces: Yes

Features

Levels: 3-Three Story
Stories: 3

Lot

Size: 2,613 Square Feet
Dimensions: 25 x 96

Details

Parcel number: 1614018760000000400000

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Aluminum Siding
Roof: Asphalt Shingle

Utilities & green energy

Gas: Gas-Natural
Sewer: Public Sewer
Water: See Remarks
Utilities for property: Natural Gas Connected

Community & HOA

Location

Region: Newark

Financial & listing details

Tax assessed value: $325,400
Annual tax amount: $13,012
Date on market: 5/28/2026
Total actual rent: 0
Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas

Estimated market value

Not available

Estimated sales range

Not available

$1,766/mo

Price history

Date	Event	Price
6/3/2026	Price change	$400,000-18.5%
Source: NJMLS #26020484 Report a problem
5/28/2026	Listed for sale	$491,000-10.7%
Source: GSMLS #4030637 Report a problem
3/28/2026	Listing removed	$550,000
Source: GSMLS #3965182 Report a problem
12/3/2025	Pending sale	$550,000
Source: GSMLS #3965182 Report a problem
10/28/2025	Listed for sale	$550,000
Source: GSMLS #3965182 Report a problem
6/4/2025	Pending sale	$550,000
Source: GSMLS #3965182 Report a problem
5/27/2025	Listed for sale	$550,000+11.1%
Source: GSMLS #3965182 Report a problem
11/1/2021	Sold	$495,000+37.5%
Source: Public Record Report a problem
5/10/2018	Sold	$360,000-6.3%
Source: Public Record Report a problem
8/22/2008	Sold	$384,000-4%
Source: Public Record Report a problem
10/17/2006	Sold	$400,000+60%
Source: Public Record Report a problem
4/6/2004	Sold	$250,000+13.6%
Source: Public Record Report a problem
1/30/2002	Sold	$220,000+423.8%
Source: Public Record Report a problem
9/27/2001	Sold	$42,000
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$13,013 +5.2%	$325,400
2024	$12,375 +44.2%	$325,400
2023	$8,584	$325,400 +44%
2022	$8,584	$225,900
2021	$8,584 -14.3%	$225,900
2020	$10,019 +116%	$225,900 -15.2%
2019	$4,639	$266,400 +56.1%
2018	$4,639 -21%	$170,700
2017	$5,872 +4%	$170,700
2016	$5,648 +6.7%	$170,700
2015	$5,293 +5%	$170,700
2014	$5,041 -10.3%	$170,700 +1.1%
2012	$5,618 +4.7%	$168,800
2011	$5,368 +16.1%	$168,800
2010	$4,623 +5.4%	$168,800
2009	$4,387 +4.4%	$168,800
2008	$4,203	$168,800
2007	$4,203	$168,800
2006	--	$168,800
2005	--	$168,800
2004	$3,646	$168,800
2003	--	$168,800 +1150.4%
2002	--	$13,500
2001	--	$13,500

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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