308 Chadwick Ave Newark, NJ $ 625,000
308 Chadwick Ave
$ 625,000
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308 Chadwick Ave

Newark, NJ, 07112
$ 625,000
Bedrooms11 Baths3.0

Monthly Estimate*

$ 3,899

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Multi-Family Home for sale in Newark, NJ

for $625,000 with 11 bedrooms and 3 full baths. This home was built in 1915 on a lot size of 0.1.

Opportunity knocks with this charming 3-family Colonial. Ready for investors, or anyone looking to offset their mortgage with rental income. Conveniently situated just half a mile from public bus transportation, this property combines space, convenience, and potential. Each unit offers a spacious layout: Unit 1 (Level 1): 4 bedrooms, living room, kitchen, and full bathroom Unit 2 (Level 2): 4 bedrooms, living room, kitchen, and full bathroom Unit 3 (Level 3): 3 bedrooms, living room, kitchen, and full bathroom Whether you're looking to lease all three units or live in one while generating income from the others, the setup is flexible and functional. The exterior features a welcoming front porch, fenced front and back yards, and storage sheds for added convenience. An unfinished basement offers ample storage and houses utilities. With plenty of space and rental potential, this multi-unit home is a smart move for a wide range of buyers.

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Multi-Family Pending

Price

$ 625,000

Bedrooms

11

Full Bath

3

Property Type

Multi-Family

Taxes

$ 6,126

Style

3-Three Story

Lot Size

0.1

Year Built

1915

Town/City

Newark

County/Region

Essex

MLS | Web ID

3976795

Features
General
Sewer Public Sewer
Heating 3 Units Radiators - Hot Water
Cooling Window A/C(s)
Utilities Gas In Street
Possession At closing
Roof Asphalt Shingle
Architectural Style 3-Three Story
Year Built 1915
Township Newark City
Tax Year 2024
Gross Income 9999
County Essex
Net Operating Income 9999
Operating Expense 9999
Total Rooms 17
Full Baths 3
Status Under Contract
Directions From E Peddie St continue onto Hawthorne Ave. Turn left onto Chadwick Ave and the home will be on the left.
Open Parking Spaces 0
Number Of Units Total 3
Tax Annual Amount 6126
Drive On-Street Parking
Standard Status Under Contract
Tax Assessed Value 161100
Town # 1614
Tax Lot 14
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Interior
Basement Unfinished
Unit 1 Baths Total 1.0
Unit 1 Beds Total 4
Unit 2 Baths Total 1.0
Unit 2 Beds Total 4
Unit 3 Baths Total 1.0
Unit 3 Beds Total 3
Fuel Type Gas-Natural
Half Baths 0
Total Bedrooms 11
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Exterior
Exterior Amenities Deck Metal Fence Storage Shed
Water Source Public Water
Exterior Description Vinyl Siding
Lot Dimensions 40X108.6 AVG.
Lot Size Acres 0.10
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* Excluded Features
List By
MICHAEL MARTINETTI

Listing Agent

Keller Williams Realty

Broker

michael@michaelmartinettigroup.com

Email

Affordability Calculator

$4,410
Per Month
88%
12%
0%
Monthly Principal & Interest
$3,899
Monthly Property Taxes
$511
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/25/2025$625,000 -3.70% Price Down
9/5/2025$649,000 -3.85% Price Down
7/22/2025$675,000 Listed Price

Map


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308 Chadwick Ave, Newark, NJ, 07112 is a Multi-Family Home for sale at $625,000 with a lot size of 0.1. 308 Chadwick Ave has 11 bedrooms, 3.0 baths, and was built in 1915. The property's zip code is 07112 which is in Newark, NJ