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Off market
  • $954,900

    89 Walnut St, Newark, NJ 07102

    8beds
    4,000sqft
    MultiFamily
    Built in 1877
    -- sqft lot
    $954,900 Zestimate®
    $239/sqft
    $1,936 Estimated rent

    Home value

    $954,900

    $888,000 - $1.03M

    $1,936/mo

    Zestimate® history
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    Owner options

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    $1,936/mo

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    $1,936/mo

    Rent Zestimate®

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    $6,714/mo

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    $6,714/mo

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    What's special

    Rare and well maintained 3 unit multi-family with renovated common spaces (hallways + backyard), new water heaters + boilers, & gut renovated unit 2. Perfect location: -3 blocks to Prudential Center / New Mars Wrigley Corporate Office (Ironside Newark), -7 min walk to Penn Station, -15 min walk to Whole Foods -20 min walk to University Heights (Rutgers, NJIT, Audible, etc) -5 min walk to restaurants + bars in Ironbound Apartment information: -Unit 1: 3 bed / 1 bath with 10 ft ceilings and direct access to renovated backyard. -Unit 2: 3 bed / 2 bath with beautiful dark wood floors, open concept kitchen / living room, and en-suite master with laundry. -Unit 3: 2 bed / 1 bath with large upstairs space which can be a third bedroom or entertainment space. Yearly income based on current rates: $64,956 If you would like to invest in a rare 3 family home with lots of upside, reply with questions or availability to set-up a call.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Baseboard, Gas
    Cooling
    • Other
    Appliances
    • Included: Dishwasher, Dryer, Washer
    • Laundry: In Unit
    Features
    • Flooring: Tile, Carpet, Hardwood
    • Basement: Unfinished
    • Has fireplace: No
    • Furnished: Yes
    Interior area
    • Total interior livable area: 4,000 sqft

    Property

    Parking
    • Parking features: On-street
    Features
    • Exterior features: Vinyl, Brick
    • Has view: Yes
    • View description: City
    Lot
    • Size: 2,465 sqft
    Details
    • Parcel number: 1400876000000045

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Frame
    • Roof: Shake / Shingle
    Condition
    • Year built: 1877

    Community & neighborhood

    Location
    • Region: Newark

    Other

    Other facts
    • Balcony
    • Cooling System: Air Conditioning
    • Laundry: In Unit

    Price history

    DateEventPrice
    3/7/2021Listing removed--
    Source: Owner Report a problem
    10/14/2020Sold$685,000-6.1%$171/sqft
    Source: Public Record Report a problem
    7/28/2020Listed for sale$729,500+73.7%$182/sqft
    Source: Owner Report a problem
    5/23/2019Listing removed$1,800
    Source: PRIME Real Estate Group #1906788 Report a problem
    3/20/2019Price change$1,800-5.3%
    Source: PRIME Real Estate Group #1906788 Report a problem
    2/21/2019Listed for rent$1,900
    Source: PRIME Real Estate Group #1906788 Report a problem
    8/24/2018Sold$420,000+351.6%$105/sqft
    Source: GSMLS #3443644 Report a problem
    6/29/2012Sold$93,000+86%$23/sqft
    Source: Public Record Report a problem
    10/19/1995Sold$50,000$13/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$12,185 +5.2%$304,700
    2024$11,588 -23.3%$304,700 -24.7%
    2023$15,116 +30.5%$404,600
    2022$11,579 $404,600 +32.8%
    2021$11,579 +71.8%$304,700
    2020$6,740 +37.4%$304,700 +70%
    2019$4,904 $179,200
    2018$4,904 -20.5%$179,200
    2017$6,164 +4%$179,200
    2016$5,930 +6.7%$179,200
    2015$5,557 +5%$179,200
    2014$5,292 -42.8%$179,200
    2013$9,248 +3.7%$179,200 -33.1%
    2012$8,916 +4.7%$267,900
    2011$8,519 +16.1%$267,900
    2010$7,338 +5.4%$267,900
    2009$6,963 +4.4%$267,900
    2008$6,671 $267,900
    2007$6,671 $267,900
    2006-- $267,900
    2005-- $267,900
    2004$5,787 $267,900
    2003-- $267,900 +3051.8%
    2002-- $8,500
    2001-- $8,500

    Find assessor info on the county website

    Neighborhood: Central Business District

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $954,900
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    Estimated market value
    $954,900