316 Ellery Ave Newark, NJ ^$ 750,000

316 Ellery Ave

^$ 750,000

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Recently Listed

316 Ellery Ave

Newark, NJ, 07106

^$ 750,000

Bedrooms8 Baths4.1

Monthly Estimate*

^$ 4,618

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Multi-Family Home for sale in Newark, NJ

for $750,000 with 8 bedrooms and 4 full baths, 1 half bath. This home was built in 1952 on a lot size of 0.11.

Welcome to this EXTREMELY RARE FOUR FAMILY investment opportunity in Newark's sought-after Vailsburg section this four-family fixer-upper offers exceptional potential, solid structure, and an unbeatable location just minutes from Seton Hall University. Perfect for investors, owner-occupants, or anyone looking to add value through renovation. This multi-family home sits on a quiet residential block with classic Newark character. With the right vision, it can be transformed into a high-performing income property. The parking availability alone sets it apart rare for the area and highly desirable for tenants. Its proximity to Seton Hall and South Orange adds consistent rental demand and long-term stability. 203k loans and hard money loans are welcome!

Multi-Family Active

Price

^$ 750,000

Bedrooms

Full Bath

Half Bath

Property Type

Multi-Family

Taxes

^$ 10,133

Style

Fourplex

Lot Size

0.11

Year Built

1952

Town/City

Newark

County/Region

Essex

MLS | Web ID

4020415

Features

General

Sewer Public Sewer

Heating 4+ Units

Cooling Wall A/C Unit(s)

Utilities Electric Gas-Natural

Possession negotiable

Roof Asphalt Shingle

Architectural Style Fourplex

Year Built 1952

Township Newark City

Tax Year 2025

Gross Income 4500

County Essex

Net Operating Income 0

Operating Expense 0

Total Rooms 16

Full Baths 4

Status Active

Directions google maps

Open Parking Spaces 4

Number Of Units Total 4

Tax Annual Amount 10133

Drive Driveway-Shared

Standard Status Active

Tax Assessed Value 253400

Town # 1614

Tax Lot 44

Interior

Basement Full

Unit 1 Baths Total 1.0

Unit 1 Beds Total 2

Unit 2 Baths Total 1.0

Unit 2 Beds Total 2

Unit 3 Baths Total 1.0

Unit 3 Beds Total 1

Unit 4 Baths Total 1.0

Unit 4 Beds Total 1

Fuel Type Gas-Natural

Half Baths 1

Total Bedrooms 8

Exterior

Water Source Public Water

Exterior Description Wood

Lot Dimensions 49X100

Lot Size Acres 0.11

* Excluded Features

List By

ADRIAN AGRAMONTE

Listing Agent

Bhgre Elite

Broker

adrian@agramonteventures.com

Affordability Calculator

$5,462

Per Month

Monthly Principal & Interest: $4,618
Monthly Property Taxes: $844
Monthly Home Insurance: --

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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

Trends
Schools

Multi-family listings in Newark, NJ

Average List Price ^$736,157

Percent of Sale Price 2%

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
4/14/2026	$750,000		Listed Price

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316 Ellery Ave, Newark, NJ, 07106 is a Multi-Family Home for sale at $750,000 with a lot size of 0.11. 316 Ellery Ave has 8 bedrooms, 4.1 baths, and was built in 1952. 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 6.25% 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.

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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316 Ellery Ave

Multi-Family Home for sale in Newark, NJ

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