597 5th Street Newark, NJ $ 849,888
597 5th Street
$ 849,888
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597 5th Street

Newark, NJ, 07107
$ 849,888
Bedrooms7 Baths5.0

Monthly Estimate*

$ 5,233

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Multi-Family Home for sale in Newark, NJ

for $849,888 with 7 bedrooms and 5 full baths. This home was built in 1990.

Exceptional opportunity to own a well-maintained 2-family home in the heart of Newark's North Ward! This versatile property features two spacious units, each offering 3 bedrooms and 2 full bathrooms, plus a fully finished basement with additional living space and a full bath.Each unit is thoughtfully laid out with generous room sizes, providing comfort and functionality for both owners and tenants alike. The home boasts 5 total bathrooms and separate utilities, making it an ideal setup for investors seeking strong rental potential or owner-occupants looking to offset their mortgage with rental income.The finished basement adds tremendous value, offering bonus space that can be used for a variety of purposes. Located in a convenient commuter-friendly area close to major highways, public transportation, shopping, and local amenities.Whether you're looking to build your portfolio or live in one unit while renting the other, this property checks all the boxes.Don't miss this income-producing opportunity schedule your private showing today!

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Multi-Family Active

Price

$ 849,888

Bedrooms

7

Full Bath

5

Property Type

Multi-Family

Taxes

$ 10,769

Style

2 Family

Year Built

1990

Town/City

Newark

County/Region

Essex

MLS | Web ID

26010505

Features
General
Utilities Electricity Connected Natural Gas Connected Sep Heat
Garage Spaces 1.0
Architectural Style 2 Family
Rooms None
County ESSEX
Property Type 2-4 Family
HOA N
Total Rooms 6
Full Baths 5
Status Active - Active
City Newark
Disclosures Seller's Agent Seller Disclosure - Yes
Year Built Details 1990's
Tax Annual Amount 10769.0
MLS Area Minor 400
Lease Considered Y/N N
Standard Status Active
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Interior
Heating Y/N N
Half Baths 0
Laundry Features Hook Ups
Total Bedrooms 7
Total Baths 5
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* Excluded Features

Affordability Calculator

$6,130
Per Month
85%
15%
0%
Monthly Principal & Interest
$5,233
Monthly Property Taxes
$897
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
843640 Elementary School
843641 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/30/2026$849,888 Listed Price

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597 5th Street, Newark, NJ, 07107 is a Multi-Family Home for sale at $849,888. 597 5th Street has 7 bedrooms, 5.0 baths, and was built in 1990. The property's zip code is 07107 which is in Newark, NJ