553 S Orange Ave Newark, NJ $ 648,000
553 S Orange Ave
$ 648,000
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553 S Orange Ave

Newark, NJ, 07103
$ 648,000
Bedrooms7 Baths3.0

Monthly Estimate*

$ 4,043

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Multi-Family Home for sale in Newark, NJ

for $648,000 with 7 bedrooms and 3 full baths. The lot size is 0.06.

EXCEPTIONAL 2-FAMILY HOME IN NEWARK! This beautifully upgraded multi-family residence is ideal for both investors and owner-occupants seeking a move-in-ready, income-generating property in a vibrant and accessible Newark neighborhood. Unit 1 spans two levels, occupying the first floor and finished basement. The main level offers two well-sized bedrooms one featuring charming bay windows and a fully renovated bathroom. The modern kitchen boasts quartz countertops, updated appliances, a spacious dining area, and direct access to the backyard. The lower level includes two additional bedroom areas, a second full bathroom, and another access point to the backyard. Unit 2 has its own entrance leading to the second floor. This unit includes a bedroom area with bay windows, plus two more generously sized bedrooms. A nicely renovated full bathroom and an updated kitchen with dining area and backyard access complete the layout. Additional highlights include elegant moldings, updated flooring, modern plumbing, and thoughtful design touches throughout. Both units feature front and rear entrances, enhancing convenience and privacy. Located just steps from public transportation and within blocks of parks, schools, shops, and restaurants. Whether you're looking to live in one unit and rent the other, or add a high-quality property to your investment portfolio, this is an opportunity not to be missed. SCHEDULE YOUR PRIVATE TOUR TODAY!

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Multi-Family Active

Price

$ 648,000

Bedrooms

7

Full Bath

3

Property Type

Multi-Family

Taxes

$ 4,921

Style

2-Two Story

Lot Size

0.06

Town/City

Newark

County/Region

Essex

MLS | Web ID

3979618

Features
General
Sewer Public Sewer
Heating 2 Units
Cooling See Remarks
Utilities Electric Gas-Natural
Possession At closing
Roof Flat
Architectural Style 2-Two Story
Exclusions Tenants appliances and belongings.
Year Built 9999
Township Newark City
Tax Year 2024
Gross Income 0
County Essex
Net Operating Income 0
Operating Expense 0
Total Rooms 11
Full Baths 3
Status Active
Directions Grove St to S Orange ave
Open Parking Spaces 0
Number Of Units Total 2
Tax Annual Amount 4921
Drive On-Street Parking
Standard Status Active
Tax Assessed Value 129400
Town # 1614
Tax Lot 29
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Interior
Basement Finished Full Walkout
Unit 1 Baths Total 2.0
Unit 1 Beds Total 4
Unit 2 Baths Total 1.0
Unit 2 Beds Total 3
Fuel Type Gas-Natural
Half Baths 0
Total Bedrooms 7
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Exterior
Water Source Public Water
Exterior Description Vinyl Siding
Lot Dimensions 25X100
Lot Size Acres 0.06
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* Excluded Features
List By
HILLEL WEINBERGER

Listing Agent

Nationwide Homes Realty Llc

Broker

hill@nationwidehomesgroup.com

Email

Affordability Calculator

$4,453
Per Month
91%
9%
0%
Monthly Principal & Interest
$4,043
Monthly Property Taxes
$410
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
8/5/2025$648,000 Listed Price

Map


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553 S Orange Ave, Newark, NJ, 07103 is a Multi-Family Home for sale at $648,000 with a lot size of 0.06. 553 S Orange Ave has 7 bedrooms and 3.0 baths. The property's zip code is 07103 which is in Newark, NJ