Active

$699,500

86 Highland Ave, Newark City, NJ 07104

3beds

2,400sqft

$4,985/mo

Get pre-qualified

Multi Family

Built in 1900

-- sqft lot

$689,100 Zestimate^®

$291/sqft

$-- HOA

What's special

Great investment opportunity in Newark's Seventh Avenue neighborhood! This three-family property features three spacious one-bedroom, one-bathroom units, offering excellent potential for investors seeking rental income or owner-occupants looking to offset their mortgage. Conveniently located near local shopping, restaurants, parks, and schools, including Franklin Elementary School, Technology High School, and Barringer High School. Commuters will appreciate access to NJ Transit bus service, Newark Light Rail connections, and transportation to NYC via Newark Penn Station. With convenient access to major highways and downtown Newark, this property offers a great combination of location, accessibility, and income-generating potential.

3 days
67
2

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 3

Heating

1 Unit, Natural Gas

Cooling

Window Unit(s)

Appliances

Included: Range/Oven - Gas, Refrigerator

Features

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

Interior area

Total structure area: 2,400
Total interior livable area: 2,400 sqft

Property

Parking

Parking features: See Remarks

Lot

Size: 2,613 Square Feet
Dimensions: 25.11 x 100

Details

Parcel number: 1614005400000000310000
Other equipment: Satellite Dish/Antenna

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Vinyl Siding
Roof: Asphalt Shingle

Condition

Year built: 1900

Utilities & green energy

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

Community & HOA

Location

Region: Newark

Financial & listing details

Price per square foot: $291/sqft
Tax assessed value: $130,100
Annual tax amount: $5,202
Date on market: 10/13/2026
Exclusions: Personal Items
Total actual rent: 3090
Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas

Estimated market value

$689,100

$655,000 - $724,000

$1,819/mo

Price history

Date	Event	Price
10/13/2026	Listed for sale	$699,500-5.5%$291/sqft
Source: NJMLS #26039024 Report a problem
1/26/2024	Sold	$740,000+37%$308/sqft
Source: Public Record Report a problem
9/6/2023	Listing removed	--
Source: GSMLS #3852156 Report a problem
6/30/2023	Listed for sale	$540,000+260%$225/sqft
Source: NJMLS #23020260 Report a problem
6/22/2023	Listing removed	--
Source: Zillow Rentals Report a problem
5/17/2022	Listed for rent	$1,350$1/sqft
Source: Zillow Rental Network_1 Report a problem
5/7/2022	Listing removed	--
Source: Zillow Rental Network_1 Report a problem
4/28/2022	Listed for rent	$1,350$1/sqft
Source: Zillow Rental Network_1 Report a problem
6/7/2020	Listing removed	$1,350$1/sqft
Source: Go Section8 Report a problem
12/4/2019	Listed for rent	$1,350+3.8%$1/sqft
Source: Go Section8 Report a problem
8/30/2018	Listing removed	$1,300$1/sqft
Source: Go Section8 Report a problem
7/28/2018	Listed for rent	$1,300-7.1%$1/sqft
Source: Go Section8 Report a problem
2/6/2018	Listing removed	$1,400$1/sqft
Source: Go Section8 Report a problem
1/15/2018	Listed for rent	$1,400$1/sqft
Source: Go Section8 Report a problem
4/19/2016	Sold	$150,000-53.8%$63/sqft
Source: Public Record Report a problem
3/20/2016	Listing removed	$1,400$1/sqft
Source: Go Section8 Report a problem
2/26/2016	Listed for rent	$1,400$1/sqft
Source: Go Section8 Report a problem
11/16/2004	Sold	$325,000+14%$135/sqft
Source: Public Record Report a problem
3/15/2004	Sold	$285,000+103.6%$119/sqft
Source: Public Record Report a problem
2/2/2004	Sold	$140,000+115.4%$58/sqft
Source: Public Record Report a problem
4/6/2002	Sold	$65,000$27/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,203 +5.2%	$130,100
2024	$4,948 +1.8%	$130,100
2023	$4,861 -3.2%	$130,100
2022	$5,024	$130,100 -1.6%
2021	$5,024 +1%	$132,200
2020	$4,972 +37.4%	$132,200
2019	$3,618	$132,200
2018	$3,618 -20.5%	$132,200
2017	$4,548 +4%	$132,200
2016	$4,375 +6.7%	$132,200
2015	$4,100 +5%	$132,200
2014	$3,904 -17.5%	$132,200 -7%
2012	$4,732 +4.7%	$142,200
2011	$4,522 +16.1%	$142,200
2010	$3,895 +5.4%	$142,200
2009	$3,696 +4.4%	$142,200
2008	$3,541	$142,200
2007	$3,541	$142,200
2006	--	$142,200
2005	--	$142,200
2004	$3,072	$142,200
2003	--	$142,200 +1445.7%
2002	--	$9,200
2001	--	$9,200