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78 Monticello Ave Newark, NJ $ 689,000
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$ 689,000 Get more info
78 Monticello Ave
$ 689,000
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78 Monticello Ave

Newark, NJ, 07106
$ 689,000
Bedrooms7 Baths3.0

Monthly Estimate*

$ 4,242

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Multi-Family Home for sale in Newark, NJ

for $689,000 with 7 bedrooms and 3 full baths. This home was built in 1922 on a lot size of 0.09.

Welcome to 78 Monticello Ave, a beautifully renovated 2-family home offering spacious layouts, modern updates, and strong income potential in Newark close to East Orange border. The first unit features three well-sized bedrooms, an open layout concept, while the second unit offers four bedrooms along with comfortable living and dining spaces, creating a total of seven bedrooms across the property. Both units are thoughtfully designed to provide functional flow and everyday comfort. An unfinished basement offers additional storage space, and a private driveway adds valuable off-street parking with a 2 car garage. With its generous layout, move-in-ready condition, and versatile appeal for homeowners and investors alike, this is an opportunity you don't want to miss. Grab it before it's gone!

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Multi-Family Active

Price

$ 689,000

Bedrooms

7

Full Bath

3

Property Type

Multi-Family

Taxes

$ 7,054

Style

2-Two Story

Lot Size

0.09

Year Built

1922

Town/City

Newark

County/Region

Essex

MLS | Web ID

4009329
Features
General
Sewer Public Sewer
Heating 2 Units Forced Hot Air
Cooling 2 Units Central Air
Utilities Electric Gas-Natural
Possession ASAP
Roof Asphalt Shingle
Garage Spaces 0
Architectural Style 2-Two Story
Year Built 1922
Garage None
Township Newark City
Tax Year 2024
Gross Income 9999
County Essex
Net Operating Income 9999
Operating Expense 9999
Total Rooms 15
Full Baths 3
Status Active
Directions Sanford Ave to Marion Ave to Monticello Ave
Open Parking Spaces 2
Number Of Units Total 2
Tax Annual Amount 7054
Drive 1 Car Width
Standard Status Active
Tax Assessed Value 185500
Town # 1614
Tax Lot 37
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Interior
Basement Unfinished
Unit 1 Baths Total 1.0
Unit 1 Beds Total 3
Unit 2 Baths Total 2.0
Unit 2 Beds Total 4
Fuel Type Gas-Natural
Half Baths 0
Total Bedrooms 7
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Exterior
Water Source Public Water
Exterior Description Vinyl Siding
Lot Dimensions 40X100
Lot Size Acres 0.09
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* Excluded Features
List By
TOVIA LICHTMAN

Listing Agent

Keller Williams Mid-Town Direct

Broker

Tovia@thelichtmanteam.com

Email

Affordability Calculator

$4,830
Per Month
88%
12%
0%
Monthly Principal & Interest
$4,242
Monthly Property Taxes
$588
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
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/11/2026$689,000 Listed Price

Map

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78 Monticello Ave, Newark, NJ, 07106 is a Multi-Family Home for sale at $689,000 with a lot size of 0.09. 78 Monticello Ave has 7 bedrooms, 3.0 baths, and was built in 1922. The property's zip code is 07106 which is in Newark, NJ

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