Active

Price increase: $5K (10/22)

$425,000

78 Wakeman Ave, Newark City, NJ 07104

4beds

1,600sqft

$2,999/mo

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Single Family Residence

Built in 1930

2,613 Square Feet Lot

$428,100 Zestimate^®

$266/sqft

$-- HOA

What's special

Finished basementFinished attic

Fantastic opportunity for the right buyer to acquire this one family with 3-levels of living space. The house needs TLC; yet, the price reflects the condition, offering an exclusive driveway for 2 cars, finished basement, 4 bedrooms, and 3 bathrooms, finished attic, large back yard. Only a few minutes to Down Town Newark where you'll find top cultural venues, historic parks, Rutgers University, Museums, high end restaurants, shops, easy access to transportation, airport, houses of worship and major highway arteries to NJ Turnpike, route 3, & 78.Fully rented. Sellers prefer to sell with tenants in place. Do not let this one pass you by!

17 days
488
24

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3
Full bathrooms: 3

Kitchen

Features: Eat-in Kitchen

Heating

1 Unit, Baseboard - Cast Iron, Natural Gas

Cooling

1 Unit, Window Unit(s)

Appliances

Included: Range/Oven-Gas, Refrigerator, Gas Water Heater

Features

Basement: Yes,Finished,Full
Has fireplace: No

Interior area

Total structure area: 1,600
Total interior livable area: 1,600 sqft

Property

Parking

Total spaces: 2
Parking features: 1 Car Width, Driveway-Exclusive
Uncovered spaces: 2

Features

Exterior features: Sidewalk

Lot

Size: 2,613 Square Feet
Dimensions: 25 x 112.6

Details

Parcel number: 1614006120000000190000

Construction

Type & style

Home type: SingleFamily
Architectural style: Colonial
Property subtype: Single Family Residence

Materials

Vinyl Siding
Roof: Asphalt Shingle

Condition

Year built: 1930

Utilities & green energy

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

Community & HOA

Location

Region: Newark

Financial & listing details

Price per square foot: $266/sqft
Tax assessed value: $120,800
Annual tax amount: $4,830
Date on market: 10/17/2026
Exclusions: Tenant's belongings
Ownership type: Fee Simple

Estimated market value

$428,100

$407,000 - $450,000

$3,118/mo

Price history

Date	Event	Price
10/22/2026	Price change	$425,000+1.2%$266/sqft
Source: GSMLS #4059617 Report a problem
10/17/2026	Listed for sale	$420,000+413.4%$263/sqft
Source: GSMLS #4059617 Report a problem
8/27/2018	Sold	$81,809-71.8%$51/sqft
Source: Public Record Report a problem
8/6/2018	Pending sale	$290,000$181/sqft
Source: RITE CHOICE REALTY LLC #3482475 Report a problem
6/27/2018	Listed for sale	$290,000+289.8%$181/sqft
Source: RITE CHOICE REALTY LLC #3482475 Report a problem
6/28/2016	Listing removed	$74,400$47/sqft
Source: REALHome Services and Solutions Report a problem
5/27/2016	Listed for sale	$74,400-85.4%$47/sqft
Source: REALHome Services and Solutions Report a problem
4/11/2016	Sold	$510,765+117.3%$319/sqft
Source: Public Record Report a problem
7/14/2004	Sold	$235,000+176.5%$147/sqft
Source: Public Record Report a problem
10/28/1999	Sold	$85,000$53/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,831 +5.2%	$120,800
2024	$4,594 +0.1%	$120,800
2023	$4,590	$120,800
2022	$4,590	$120,800
2021	$4,590 +1%	$120,800
2020	$4,543 +103.7%	$120,800
2019	$2,231	$120,800
2018	$2,231 -46.3%	$120,800
2017	$4,156 +4%	$120,800
2016	$3,997 +6.7%	$120,800
2015	$3,746 +5%	$120,800
2014	$3,567 -27.7%	$120,800
2013	$4,933 +3.7%	$120,800 -15.5%
2012	$4,756 +4.7%	$142,900
2011	$4,544 +16.1%	$142,900
2010	$3,914 +5.4%	$142,900
2009	$3,714 +4.4%	$142,900
2008	$3,558	$142,900
2007	$3,558	$142,900
2006	--	$142,900
2005	--	$142,900
2004	$3,087	$142,900
2003	--	$142,900 +1235.5%
2002	--	$10,700
2001	--	$10,700