38-40 Eckert Avenue Newark, NJ ^$ 615,000

38-40 Eckert Avenue

^$ 615,000

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38-40 Eckert Avenue

Newark, NJ, 07112

^$ 615,000

Bedrooms7 Baths0.0

Monthly Estimate*

^$ 3,883

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Multi-Family Home for sale in Newark, NJ

for $615,000 with 7 bedrooms. This home was built in 1912 on a lot size of 0.08.

**** BACK ON THE MARKET **** Private appointments only. Do not disturb the residents.***** Welcome to 3840 Eckert Ave! This 3-family property offers excellent income potential, making it ideal for investors or owner-occupants looking to generate rental income. The first floor features a 2-bedroom, 1-bath unit. The second floor offers 3 bedrooms and 1 bath. The third floor includes a 2-bedroom, 1-bath layout. The property is currently occupied but will be delivered vacant. Giving you flexibility to set your own rents or move in and rent out the other units. Conveniently located near major highways, public transportation, shopping centers and schools. Disclaimer: Certain photos have been digitally cleaned or modified. Current photos are available upon request.

Multi-Family Active

Price

^$ 615,000

Bedrooms

Property Type

Multi-Family

Taxes

^$ 8,700

Style

Lot Size

0.08

Year Built

1912

Town/City

Newark

County/Region

Essex

MLS | Web ID

NJES2000330

Features

General

Living Area 2770

Sewer Public Sewer

Heating Baseboard - Electric

Cooling Window Unit(s)

Possession 0-30 Days CD 31-60 Days CD Negotiable

Zoning RESIDENTIAL

Architectural Style Other

Construction Materials Vinyl Siding

School District NEWARK PUBLIC SCHOOLS

Year Built 1912

Property Subtype Triplex

Tax Year 2025

Ownership Fee Simple

Cool Fuel Electric

Municipality NEWARK CITY

Accessibility None

County ESSEX

New Construction N

Property Type Multi-Family

Garage Y/N N

Water Access Y/N N

Other Structures Above Grade Below Grade

Status ACTIVE

Directions GPS

City NEWARK

Disclosures Lead Based Paint - State

Number Of Units Total 3

MLS Area Newark City (20714)

Lot Size Units Square Feet

Lot Size Square Feet 3485.00

Number of Units Leased 0

Tax Annual Amount 8700.0

Home Warranty Y/N N

Two Bedroom 2

Structure Type Detached

Price Per Sq Ft Total AG 222.02

Acceptable Financing FHA 203(b) Conventional Cash Negotiable

Vacation Rental Y/N N

Lease Type None Owner Occupied

Standard Status Active

Year Built Source Estimated

Association Recreation Fee N

Interior

Heating Fuel Electric

Basement Unfinished

Hot Water Natural Gas

Furnished Units None

Basement (Y/N) Y

Heating Y/N Y

Fireplace Y/N N

Central Air Y/N N

Number of Elevators 0

Exterior

Pool No Pool

Water Source Public

Type of Parking Driveway

Foundation Details Brick/Mortar

Water View Y/N N

Lot Size Acres 0.08

Lot Size Source Estimated

Waterfront Y/N N

Navigable Water Y/N N

Water Oriented Y/N N

Internal Only

Street Number 1 38

* Excluded Features

List By

Keller Williams Realty - Moorestown

Broker

ebe@carpiore.com

Affordability Calculator

$4,608

Per Month

Monthly Principal & Interest: $3,883
Monthly Property Taxes: $725
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.49% 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 ^$729,976

Percent of Sale Price 19%

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.

5433236 Elementary School

5433231 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/21/2026	$550,000		Listed Price

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38-40 Eckert Avenue, Newark, NJ, 07112 is a Multi-Family Home for sale at $615,000 with a lot size of 0.08. 38-40 Eckert Avenue has 7 bedrooms, 0.0 baths, and was built in 1912. The property's zip code is 07112 which is in Newark, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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.

Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BrightMLS Broker Reciprocity^SM program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Weichert, Realtors® participates, and is provided by BrightMLS through a licensing agreement.

Real estate listings held by brokerage firms other than Weichert, Realtors® are marked with the Broker Reciprocity icon (a little black house) and detailed information about each listing includes the name of the listing broker.

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38-40 Eckert Avenue

Multi-Family Home for sale in Newark, NJ

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