183 Ellery Ave Newark, NJ $ 599,900
183 Ellery Ave
$ 599,900
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183 Ellery Ave

Newark, NJ, 07106
$ 599,900
Bedrooms4 Baths2.0 Sq 2,200

Monthly Estimate*

$ 3,694

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Multi-Family Home for sale in Newark, NJ

for $599,900 with 4 bedrooms and 2 full baths. This 2,200 square foot home was built in 1931 on a lot size of 0.1.

Introducing a prime investment opportunity in the highly desirable Ivy Hill section of Newark, New Jersey! This meticulously maintained two-family home is truly move-in ready and ideal for both owner-occupants and investors seeking strong rental potential. Each of the recently renovated two-bedroom units showcases modern style and thoughtful functionality. Enjoy spacious living rooms, tasteful finishes, abundant natural light, and updated kitchens featuring contemporary appliances and generous storage perfect for everyday convenience. With separate entrances and utilities, this property provides excellent flexibility and privacy for both units. Whether you're planning to generate rental income, occupy one unit while renting the other, the possibilities are endless. Outside, a two-car detached garage offers secure parking and additional storage an invaluable amenity in this neighborhood. The well-kept yard provides a peaceful green space ideal for relaxing or hosting outdoor gatherings. Situated in Ivy Hill, you'll enjoy close proximity to Newark's vibrant downtown, quality schools, local parks, and multiple transportation options including nearby train stations and major highways making commuting and daily travel a breeze. Property is being sold strictly as-is. Buyer is responsible for applying for and obtaining all required municipal certificates to close.

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Multi-Family Pending

Price

$ 599,900

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 5,917

Style

2-Two Story

Lot Size

0.1

Year Built

1931

Town/City

Newark

County/Region

Essex

MLS | Web ID

3997695

Features
Interior
Interior Amenities Carpeting Vinyl-Linoleum Floors Wood Floors
Basement Unfinished
Unit 1 Baths Total 1.0
Unit 1 Beds Total 2
Unit 2 Baths Total 1.0
Unit 2 Beds Total 2
Fuel Type Gas-Natural
Half Baths 0
Total Bedrooms 4
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General
Sewer Public Sewer
Heating 2 Units Baseboard - Hotwater
Cooling None
Utilities Electric Gas In Street Gas-Natural
Possession at closing
Roof Asphalt Shingle
Garage Spaces 2
Architectural Style 2-Two Story
Year Built 1931
Garage Detached Garage
Township Newark City
Tax Year 2024
Gross Income 0
County Essex
Net Operating Income 0
Operating Expense 0
Total Rooms 11
Full Baths 2
Status Under Contract
Directions Ellery Ave Between Sanford pl and Putnam St
Open Parking Spaces 2
Number Of Units Total 2
Tax Annual Amount 5917
Drive 1 Car Width
Standard Status Under Contract
Tax Assessed Value 155600
Town # 1614
Tax Lot 31
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Exterior
Exterior Amenities Open Porch(es)
Water Source Public Water
Exterior Description Vinyl Siding
Building Area Total 2200
Lot Dimensions 40X105
Lot Size Acres 0.10
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* Excluded Features
List By
NICHOLAS VERDI

Listing Agent

Keller Williams City Views Realty

Broker

NICKREO@AOL.COM

Email

Affordability Calculator

$4,187
Per Month
88%
12%
0%
Monthly Principal & Interest
$3,694
Monthly Property Taxes
$493
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
11/13/2025$599,900 Listed Price

Map


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183 Ellery Ave, Newark, NJ, 07106 is a Multi-Family Home for sale at $599,900 with 2,200 sqft and a lot size of 0.1. 183 Ellery Ave has 4 bedrooms, 2.0 baths, and was built in 1931. The property's zip code is 07106 which is in Newark, NJ