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194-196 Smith St Newark, NJ $ 699,000
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$ 699,000 Get more info
194-196 Smith St
$ 699,000
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Open House 3/1 12:30pm - 2:30pm
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194-196 Smith St

Newark, NJ, 07106
$ 699,000
Bedrooms8 Baths3.0 Sq 2,532

Monthly Estimate*

$ 4,304

194-196 Smith St, Newark, NJ 07106 - Image 1

Multi-Family Home for sale in Newark, NJ

for $699,000 with 8 bedrooms and 3 full baths. This 2,532 square foot home was built in 1912 on a lot size of 0.11.

Welcome to this spacious, recently renovated multi-family home located in the Lower Vailsburg area of Newark, situated on a 50x100 lot. This property presents an excellent opportunity for investors looking for a profitable investment, or for anyone who wishes to live in one unit while renting out the others for additional income.Unit 1 features 3 bedrooms and is available for rent at $2,150; it can potentially be delivered vacant. Unit 2 also has 3 bedrooms, is currently vacant, and was previously rented for $2,150. Unit 3 includes 2 bedrooms and is rented for $1,850, but will soon be vacant.THE PROPERTY BOASTS A NICE EXCLUSIVE DRIVEWAY.

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Open House

3/1/2026 12:30 PM - 2:30 PM
194-196 Smith St Newark, NJ
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm
Multi-Family Active

Price

$ 699,000

Bedrooms

8

Full Bath

3

Property Type

Multi-Family

Taxes

$ 6,146

Style

3-Three Story

Lot Size

0.11

Year Built

1912

Town/City

Newark

County/Region

Essex

MLS | Web ID

4011388
Features
General
Sewer Public Sewer
Heating 3 Units
Cooling Wall A/C Unit(s)
Utilities Gas-Natural
Possession at closing
Roof Asphalt Shingle
Architectural Style 3-Three Story
Year Built 1912
Township Newark City
Tax Year 2025
Gross Income 9999
County Essex
Net Operating Income 9999
Operating Expense 9999
Total Rooms 16
Full Baths 3
Status Active
Directions off South Orange Ave (Google Maps)
Open Parking Spaces 2
Number Of Units Total 3
Tax Annual Amount 6146
Drive Driveway-Exclusive
Standard Status Active
Tax Assessed Value 153700
Town # 1614
Tax Lot 19
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Interior
Basement Unfinished
Unit 1 Baths Total 1.0
Unit 1 Beds Total 3
Unit 2 Baths Total 1.0
Unit 2 Beds Total 3
Unit 3 Baths Total 1.0
Unit 3 Beds Total 2
Fuel Type Gas-Natural
Half Baths 0
Total Bedrooms 8
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Exterior
Water Source Public Water
Exterior Description See Remarks
Building Area Total 2532
Lot Dimensions 50X100
Lot Size Acres 0.11
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* Excluded Features
List By
MENACHEM SILBERMAN

Listing Agent

Keller Williams Mid-Town Direct

Broker

Affordability Calculator

$4,816
Per Month
89%
11%
0%
Monthly Principal & Interest
$4,304
Monthly Property Taxes
$512
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
2/25/2026$699,000 Listed Price

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194-196 Smith St, Newark, NJ, 07106 is a Multi-Family Home for sale at $699,000 with 2,532 sqft and a lot size of 0.11. 194-196 Smith St has 8 bedrooms, 3.0 baths, and was built in 1912. The property's zip code is 07106 which is in Newark, NJ

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