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48 Cedar Ave Newark, NJ $ 725,000
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$ 725,000 Get more info
48 Cedar Ave
$ 725,000
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Share Save

48 Cedar Ave

Newark, NJ, 07106
$ 725,000
Bedrooms9 Baths3.0

Monthly Estimate*

$ 4,523

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Multi-Family Home for sale in Newark, NJ

for $725,000 with 9 bedrooms and 3 full baths. This home was built in 1930 on a lot size of 0.09.

Presenting a rare three-family home in the heart of Newark's Lower Vailsburg, an evolving neighborhood. This versatile property spans three unique units, complete with a detached garage and drive access. Whether you're an investor seeking rental income or a homeowner looking for rental income, this gem offers endless opportunity. Positioned in a lively, walkable community,

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Multi-Family Active

Price

$ 725,000

Bedrooms

9

Full Bath

3

Property Type

Multi-Family

Taxes

$ 3,898

Style

2-Two Story

Lot Size

0.09

Year Built

1930

Town/City

Newark

County/Region

Essex

MLS | Web ID

3982594
Features
General
Sewer Public Sewer
Heating 3 Units
Cooling Window A/C(s)
Utilities Electric Gas-Natural
Possession at closing
Roof Asphalt Shingle
Garage Spaces 1
Architectural Style 2-Two Story
Year Built 1930
Garage Detached Garage
Township Newark City
Tax Year 2024
Gross Income 0
County Essex
Net Operating Income 0
Operating Expense 0
Total Rooms 16
Full Baths 3
Status Active
Directions Between Mountain ave & Arsdale Pl
Open Parking Spaces 1
Number Of Units Total 3
Tax Annual Amount 3898
Drive 1 Car Width
Standard Status Active
Tax Assessed Value 269900
Town # 1614
Tax Lot 35
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Interior
Basement Finished Full
Unit 1 Baths Total 1.0
Unit 1 Beds Total 3
Unit 2 Baths Total 1.0
Unit 2 Beds Total 3
Unit 3 Baths Total 1.0
Unit 3 Beds Total 2
Fuel Type Gas-Natural
Half Baths 0
Total Bedrooms 9
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Exterior
Water Source Public Water
Exterior Description Wood
Lot Dimensions 37.6X100
Lot Size Acres 0.09
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* Excluded Features
List By
HERNAN CASTRO

Listing Agent

The Real Estate Company

Broker

Affordability Calculator

$4,848
Per Month
93%
7%
0%
Monthly Principal & Interest
$4,523
Monthly Property Taxes
$325
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
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Pricing History
DatePricePrice ChangeDescription
8/21/2025$725,000 Listed Price

Map

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48 Cedar Ave, Newark, NJ, 07106 is a Multi-Family Home for sale at $725,000 with a lot size of 0.09. 48 Cedar Ave has 9 bedrooms, 3.0 baths, and was built in 1930. The property's zip code is 07106 which is in Newark, NJ

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