Under contract

$585,000

78 Garside St, Newark City, NJ 07104

6beds

19,998sqft

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Multi Family

Built in 1970

-- sqft lot

$-- Zestimate^®

$29/sqft

$-- HOA

What's special

Finished basementCentral airCentral heat

Well-Maintained TWO-FAMILY property offering an excellent opportunity for both Owner-Occupants and Investors alike. Each Unit features 3 BEDROOMS, 1 FULL BATH, CENTRAL HEAT, and CENTRAL AIR. The property also includes a FINISHED BASEMENT, adding additional usable space and flexibility.Fully rented with strong rental income and LOW PROPERTY TAXES, this property offers solid cash flow potential from day one. Conveniently located near major highways, transportation, shopping, and schools, making it attractive for both tenants and future occupants.Whether you are looking to HOUSE HACK or expand your investment portfolio, 78 Garden Street presents a smart opportunity in the Newark market.

59 days

10

0

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 2
Full bathrooms: 2

Heating

2 Units, Forced Air, Electric, Natural Gas

Cooling

2 Units

Appliances

Included: Gas Water Heater

Features

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

Interior area

Total structure area: 19,998
Total interior livable area: 19,998 sqft

Property

Parking

Parking features: On Street

Features

Levels: Two
Stories: 2

Lot

Size: 2,178 Square Feet
Dimensions: 20 x 99.10

Details

Parcel number: 1614004900000000300000

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Vinyl Siding
Roof: Asphalt Shingle

Condition

Year built: 1970
Major remodel year: 2024

Utilities & green energy

Gas: Gas-Natural
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected

Community & HOA

Location

Region: Newark

Financial & listing details

Price per square foot: $29/sqft
Tax assessed value: $73,700
Annual tax amount: $2,947
Date on market: 5/7/2026
Total actual rent: 5100
Tenant pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Electric utility on property: Yes

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
5/26/2026	Pending sale	$585,000$29/sqft
Source: NJMLS #26017264 Report a problem
5/7/2026	Listed for sale	$585,000+2.6%$29/sqft
Source: GSMLS #4025880 Report a problem
9/23/2024	Sold	$570,000-0.9%$29/sqft
Source: GSMLS #3914765 Report a problem
8/15/2024	Pending sale	$575,000$29/sqft
Source: GSMLS #3914765 Report a problem
7/22/2024	Listed for sale	$575,000+37.2%$29/sqft
Source: GSMLS #3914765 Report a problem
11/9/2020	Listing removed	$419,000$21/sqft
Source: JERSEY REAL ESTATE & MANAGEMENT #3654819 Report a problem
9/10/2020	Price change	$419,000-3.7%$21/sqft
Source: JERSEY REAL ESTATE & MANAGEMENT #3654819 Report a problem
8/27/2020	Listed for sale	$435,000+1350%$22/sqft
Source: Garden State MLS #3654819 Report a problem
3/24/2017	Sold	$30,000+300%$2/sqft
Source: Public Record Report a problem
7/19/2016	Listing removed	--
Source: Auction.com Report a problem
7/16/2016	Price change	$7,500-70%
Source: Auction.com Report a problem
6/18/2016	Price change	$25,000-90.6%$1/sqft
Source: Auction.com Report a problem
6/17/2016	Listed for sale	--
Source: Auction.com Report a problem
7/24/2009	Sold	$265,000+55%$13/sqft
Source: Public Record Report a problem
3/25/2004	Sold	$171,000+10.3%$9/sqft
Source: Public Record Report a problem
11/16/2000	Sold	$155,000+210%$8/sqft
Source: Public Record Report a problem
4/6/1998	Sold	$50,000-9.1%$3/sqft
Source: Public Record Report a problem
2/22/1995	Sold	$55,000+1.9%$3/sqft
Source: Public Record Report a problem
11/14/1994	Sold	$54,000$3/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,947 +5.2%	$73,700
2024	$2,803 +0.1%	$73,700
2023	$2,801	$73,700
2022	$2,801	$73,700
2021	$2,801 +1%	$73,700
2020	$2,772 +37.4%	$73,700
2019	$2,017	$73,700
2018	$2,017 -20.5%	$73,700
2017	$2,535 +4%	$73,700
2016	$2,439 +6.7%	$73,700
2015	$2,285 +5%	$73,700
2014	$2,176 -58.4%	$73,700
2013	$5,230 +3.7%	$73,700 -51.4%
2012	$5,042 +4.7%	$151,500
2011	$4,818 +16.1%	$151,500
2010	$4,150 +5.4%	$151,500
2009	$3,937 +4.4%	$151,500
2008	$3,772	$151,500
2007	$3,772	$151,500
2006	--	$151,500
2005	--	$151,500
2004	$3,272	$151,500
2003	--	$151,500 +2512.1%
2002	--	$5,800
2001	--	$5,800

Find assessor info on the county website

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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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