123 Vermont Ave Newark, NJ $ 529,000
123 Vermont Ave
$ 529,000
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123 Vermont Ave

Newark, NJ, 07106
$ 529,000
Bedrooms6 Baths3.0 Sq 5,916

Monthly Estimate*

$ 3,300

123 Vermont Ave, Newark, NJ 07106 - Image 1

Multi-Family Home for sale in Newark, NJ

for $529,000 with 6 bedrooms and 3 full baths. This 5,916 square foot home was built in 1927 on a lot size of 0.13.

Three-unit property in need of rehab to full potential. The first-floor unit layout is 2 bedrooms, living room, dining room, enclosed porch kitchen and 1 full bath. The second-floor unit layout is 3 bedrooms, living room, dining room, enclosed porch, kitchen and 1 full bath. The third-floor unit layout is 1 bedroom, living room, dining room, kitchen, pantry and 1 full bath. Full basement with all separate utilities. Spacious lot with detached two-car garage. This property is sold "STRICTLY AS IS" with buyer responsible for all required municipal certifications and inspections at buyer's sole cost and expense.

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Multi-Family Pending

Price

$ 529,000

Bedrooms

6

Full Bath

3

Property Type

Multi-Family

Taxes

$ 7,583

Style

3-Three Story

Lot Size

0.13

Year Built

1927

Town/City

Newark

County/Region

Essex

MLS | Web ID

3983946

Features
General
Sewer Public Sewer
Heating 3 Units Radiators - Steam
Cooling Window A/C(s)
Utilities All Underground
Possession POT
Roof Asphalt Shingle
Water Heater Gas
Garage Spaces 2
Architectural Style 3-Three Story
Year Built 1927
Garage Detached Garage
Township Newark City
Tax Year 2024
Gross Income 0
County Essex
Net Operating Income 0
Operating Expense 0
Total Rooms 15
Full Baths 3
Status Under Contract
Directions 18th Avenue to Vermont Avenue
Open Parking Spaces 4
Number Of Units Total 3
Tax Annual Amount 7583
Home Warranty Y/N No
Drive 1 Car Width Blacktop Driveway-Exclusive
Standard Status Under Contract
Tax Assessed Value 199400
Town # 1614
Tax Lot 80
Farm Assessment No
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Interior
Basement Unfinished
Unit 1 Baths Total 1.0
Unit 1 Beds Total 2
Unit 2 Baths Total 1.0
Unit 2 Beds Total 3
Unit 3 Baths Total 1.0
Unit 3 Beds Total 1
Fuel Type Gas-Natural
Half Baths 0
Total Bedrooms 6
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Exterior
Water Source Public Water
Exterior Description Aluminum Siding Stone
Building Area Total 5916
Lot Dimensions 40X140
Lot Size Acres 0.13
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* Excluded Features
List By
CARMEN J. DORNS

Listing Agent

Dorns Realty & Management Group

Broker

Affordability Calculator

$3,932
Per Month
84%
16%
0%
Monthly Principal & Interest
$3,300
Monthly Property Taxes
$632
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
8/30/2025$529,000 Listed Price

Map


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123 Vermont Ave, Newark, NJ, 07106 is a Multi-Family Home for sale at $529,000 with 5,916 sqft and a lot size of 0.13. 123 Vermont Ave has 6 bedrooms, 3.0 baths, and was built in 1927. The property's zip code is 07106 which is in Newark, NJ