171 Milford Ave Newark, NJ $ 450,000
171 Milford Ave
$ 450,000
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171 Milford Ave

Newark, NJ, 07108
$ 450,000
Bedrooms4 Baths2.0

Monthly Estimate*

$ 2,807

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Multi-Family Home for sale in Newark, NJ

for $450,000 with 4 bedrooms and 2 full baths. This home was built in 1907 on a lot size of 0.08.

Unbeatable price to own a 2 family home in the rapidly developing city of Newark. The property features a vacant duplex unit spanning the second and third floors, offering 3 bedrooms and 1 bathroom, while the first floor is tenant occupied, providing immediate rental income. Sitting on an extra deep 132 foot lot, this property offers excellent potential for future expansion. Enjoy the convenience of a private driveway and a quiet dead end street with minimal traffic, yet still close to major highways, public transportation, and Newark Airport. The unfinished basement presents additional potential for value add in the future. A fantastic opportunity to expand your investment portfolio in one of Newark's most promising areas.

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Multi-Family Pending

Price

$ 450,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 3,662

Style

3-Three Story

Lot Size

0.08

Year Built

1907

Town/City

Newark

County/Region

Essex

MLS | Web ID

3995026

Features
General
Sewer Public Sewer
Heating 2 Units Forced Hot Air
Cooling Window A/C(s)
Utilities Gas-Natural
Possession ASAP
Roof Asphalt Shingle
Garage Spaces 0
Architectural Style 3-Three Story
Year Built 1907
Township Newark City
Tax Year 2024
Gross Income 0
County Essex
Net Operating Income 0
Operating Expense 0
Total Rooms 8
Full Baths 2
Status Under Contract
Directions on Milford avenue
Open Parking Spaces 2
Number Of Units Total 2
Tax Annual Amount 3662
Drive 1 Car Width
Standard Status Under Contract
Tax Assessed Value 96300
Town # 1614
Tax Lot 9
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Interior
Basement Full Unfinished
Unit 1 Baths Total 1.0
Unit 1 Beds Total 1
Unit 2 Baths Total 1.0
Unit 2 Beds Total 3
Fuel Type Gas-Natural
Half Baths 0
Total Bedrooms 4
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Exterior
Water Source Public Water
Exterior Description Aluminum Siding
Lot Dimensions 25X132.1
Lot Size Acres 0.08
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* Excluded Features
List By
OSCAR NUNEZ-PAZ

Listing Agent

Keller Williams City Views Realty

Broker

Affordability Calculator

$3,113
Per Month
90%
10%
0%
Monthly Principal & Interest
$2,807
Monthly Property Taxes
$305
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
10/28/2025$450,000 Listed Price

Map


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171 Milford Ave, Newark, NJ, 07108 is a Multi-Family Home for sale at $450,000 with a lot size of 0.08. 171 Milford Ave has 4 bedrooms, 2.0 baths, and was built in 1907. The property's zip code is 07108 which is in Newark, NJ