216 Peshine Ave Newark, NJ ^$ 749,900

216 Peshine Ave

^$ 749,900

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Recently Listed

216 Peshine Ave

Newark, NJ, 07108

^$ 749,900

Bedrooms8 Baths4.0

Monthly Estimate*

^$ 4,678

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Multi-Family Home for sale in Newark, NJ

for $749,900 with 8 bedrooms and 4 full baths. This home was built in 1911 on a lot size of 0.06.

A must-see, Weequahic Section newly renovated two-family home offering two large duplex-style apartments withgenerous living space throughout. Ideally located just minutes from hospitals, colleges, and major transportation, thisproperty is perfect as an investment or for an owner-occupant. Each apartment features brand-new kitchens, updatedbathrooms, new flooring, and modern cooling systems throughout. Turn-key and ready for immediate occupancy, thisproperty delivers strong rental appeal in a high-demand Newark location.

Multi-Family Active

Price

^$ 749,900

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 6,000

Style

Duplex-Side by Side

Lot Size

0.06

Year Built

1911

Town/City

Newark

County/Region

Essex

MLS | Web ID

3999500

Features

General

Sewer Public Sewer

Heating 3 Units Forced Hot Air

Cooling 3 Units Wall A/C Unit(s)

Utilities Gas-Natural

Possession TBD

Roof Asphalt Shingle

Garage Spaces 0

Architectural Style Duplex-Side by Side

Year Built 1911

Garage On-Street Parking

Township Newark City

Tax Year 2024

Gross Income 0

County Essex

Net Operating Income 0

Operating Expense 0

Total Rooms 15

Full Baths 4

Status Active

Directions Clinton Avenue to Peshine Avenue

Open Parking Spaces 0

Number Of Units Total 2

Tax Annual Amount 6000

Drive On-Street Parking

Standard Status Active

Tax Assessed Value 147300

Town # 1614

Tax Lot 49

Interior

Basement Finished

Unit 1 Baths Total 1.0

Unit 1 Beds Total 3

Unit 2 Baths Total 2.0

Unit 2 Beds Total 5

Fuel Type Gas-Natural

Half Baths 0

Total Bedrooms 8

Exterior

Water Source Public Water

Exterior Description Vinyl Siding

Lot Dimensions 25.4X105

Lot Size Acres 0.06

* Excluded Features

List By

CHRISOPHER STEAD

Listing Agent

Re/Max Professionals I

Broker

Affordability Calculator

$5,178

Per Month

Monthly Principal & Interest: $4,678
Monthly Property Taxes: $500
Monthly Home Insurance: --

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Yearly 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

Trends
Schools

Multi-family listings in Newark, NJ

Average List Price ^$722,016

Percent of Sale Price 4%

About Newark, NJ

283,201 Population

4% Since 2002

^$35,768 Median Income

34.98 Median Age

34% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

291163 Elementary School

291353 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/26/2025	$749,900		Listed Price

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216 Peshine Ave, Newark, NJ, 07108 is a Multi-Family Home for sale at $749,900 with a lot size of 0.06. 216 Peshine Ave has 8 bedrooms, 4.0 baths, and was built in 1911. The property's zip code is 07108 which is in Newark, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

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216 Peshine Ave

Multi-Family Home for sale in Newark, NJ

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