42 Wakeman Ave Newark, NJ $ 794,999
42 Wakeman Ave
$ 794,999
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42 Wakeman Ave

Newark, NJ, 07104
$ 794,999
Bedrooms8 Baths3.0

Monthly Estimate*

$ 4,960

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Multi-Family Home for sale in Newark, NJ

for $794,999 with 8 bedrooms and 3 full baths. This home was built in 1900 on a lot size of 0.06.

Welcome home to this renovated multifamily home in the desirable North Newark area. Great multifamily with open floor concept with stainless steel appliances in each unit. Units 1 and 2 both feature three bedrooms and one full bathroom. The third floor bonus unit offers two bedrooms with a full bathroom. Washer and dryer hookup in Units 1 and 2. Full unfinished walkout basement with tons of potential. Driveway in the back of the house with ample parking for up to four cars. Unit 1 and Unit 2 will be VACANT! Looking for a great investment property or to owner occupy and collect rent from the other units, look no further! Conveniently located close to public transportation, parks, schools, shopping and much more. Schedule your showing today!

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Multi-Family Pending

Price

$ 794,999

Bedrooms

8

Full Bath

3

Property Type

Multi-Family

Taxes

$ 9,382

Style

3-Three Story

Lot Size

0.06

Year Built

1900

Town/City

Newark

County/Region

Essex

MLS | Web ID

3987477

Features
General
Sewer Public Sewer
Heating Baseboard - Electric Baseboard - Hotwater
Cooling Window A/C(s)
Utilities Electric Gas-Natural
Possession at closing
Roof Asphalt Shingle
Water Heater Electric Gas
Garage Spaces 0
Architectural Style 3-Three Story
Exclusions Personal property
Year Built 1900
Garage See Remarks
Township Newark City
Tax Year 2024
Gross Income 9999
County Essex
Net Operating Income 9999
Operating Expense 9999
Total Rooms 14
Full Baths 3
Status Under Contract
Directions Google Maps
Open Parking Spaces 4
Number Of Units Total 3
Tax Annual Amount 9382
Drive 2 Car Width Blacktop Off-Street Parking
Standard Status Under Contract
Tax Assessed Value 246700
Town # 1614
Tax Lot 13
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Interior
Basement Full Unfinished Walkout
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 8
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Exterior
Water Source Public Water
Exterior Description Vinyl Siding
Lot Dimensions 25X105
Lot Size Acres 0.06
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* Excluded Features
List By
ARIEL MOREL

Listing Agent

Keller Williams Village Square

Broker

morel.realtor@gmail.com

Email

Affordability Calculator

$5,742
Per Month
86%
14%
0%
Monthly Principal & Interest
$4,960
Monthly Property Taxes
$782
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
9/17/2025$794,999 Listed Price

Map


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42 Wakeman Ave, Newark, NJ, 07104 is a Multi-Family Home for sale at $794,999 with a lot size of 0.06. 42 Wakeman Ave has 8 bedrooms, 3.0 baths, and was built in 1900. The property's zip code is 07104 which is in Newark, NJ