103 Mount Vernon Pl Newark, NJ ^$ 599,000

103 Mount Vernon Pl

^$ 599,000

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Recently Listed

103 Mount Vernon Pl

Newark, NJ, 07106

^$ 599,000

Bedrooms4 Baths2.1 Sq 2,860

Monthly Estimate*

^$ 3,737

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Multi-Family Home for sale in Newark, NJ

for $599,000 with 4 bedrooms and 2 full baths, 1 half bath. This 2,860 square foot home was built in 1962 on a lot size of 0.15.

Corner Lot Brick Two-Family. Two-Story home on a prime corner lot in desirable Upper Vailsburg. This property could be your cash-flow powerhouse with huge rental income potential from its spacious apartments, each with separate utilities. Includes a full basement, laundry area, and a 2-car attached garage. Convenient location near parks, schools, and transportation. Perfect for an investor or an owner-occupant looking to generate passive income!

Multi-Family Active

Price

^$ 599,000

Bedrooms

Full Bath

Half Bath

Property Type

Multi-Family

Taxes

^$ 7,925

Style

2-Two Story

Lot Size

0.15

Year Built

1962

Town/City

Newark

County/Region

Essex

MLS | Web ID

4001091

Features

Interior

Interior Amenities Carbon Monoxide Detector Carpeting Smoke Detector

Basement Finished

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 1

Total Bedrooms 4

General

Sewer Public Sewer

Heating 2 Units Radiators - Hot Water

Cooling Window A/C(s)

Utilities All Underground Electric Gas-Natural

Possession 60-90 days

Roof Composition Shingle

Water Heater Gas

Garage Spaces 2

Architectural Style 2-Two Story

Year Built 1962

Garage Attached Garage

Township Newark City

Tax Year 2024

Gross Income 0

County Essex

Net Operating Income 0

Operating Expense 0

Subdivision Name Vailsburg

Total Rooms 12

Full Baths 2

Status Active

Directions At the Corner of Mount Vernon Place and Norman Road. ADDRESS on the house is 94-95 NORMAN ROAD

Open Parking Spaces 2

Number Of Units Total 2

Tax Annual Amount 7925

Home Warranty Y/N No

Drive Blacktop Driveway-Exclusive

Standard Status Active

Tax Assessed Value 208400

Town # 1614

Tax Lot 26

Exterior

Exterior Amenities Curbs Metal Fence Partially Fenced Sidewalk

Lot Features Corner

Water Source Public Water

Exterior Description Brick

Building Area Total 2860

Lot Dimensions 65X100

Lot Size Acres 0.15

* Excluded Features

List By

PAMELA ROSE

Listing Agent

Bhhs Fox & Roach

Broker

pamela.rose@foxroach.com

Affordability Calculator

$4,397

Per Month

Monthly Principal & Interest: $3,737
Monthly Property Taxes: $660
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 ^$718,098

Percent of Sale Price 20%

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
12/10/2025	$599,000		Listed Price

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103 Mount Vernon Pl, Newark, NJ, 07106 is a Multi-Family Home for sale at $599,000 with 2,860 sqft and a lot size of 0.15. 103 Mount Vernon Pl has 4 bedrooms, 2.1 baths, and was built in 1962. The property's zip code is 07106 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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103 Mount Vernon Pl

Multi-Family Home for sale in Newark, NJ

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