203 Oliver St Newark, NJ $ 875,000
203 Oliver St
$ 875,000
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203 Oliver St

Newark, NJ, 07105
$ 875,000
Bedrooms4 Baths4.0

Monthly Estimate*

$ 5,388

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Multi-Family Home for sale in Newark, NJ

for $875,000 with 4 bedrooms and 4 full baths. This home was built in 1900 on a lot size of 0.06.

"Prime Investment Opportunity in Newark's Desirable Ironbound Section. This well-maintained four-family residence offers an exceptional value-add or turn-key opportunity for the savvy investor. Each of the four units features a functional 3-room layout, maximizing rental appeal. The property boasts significant premium amenities rarely found in this high-demand neighborhood, including a full basement with dedicated tenant storage, expansive rear parking, and two private detached garages. Situated in a high-occupancy area with easy access to Penn Station, local dining, and major transportation hubs, this asset is positioned for strong cash flow and long-term appreciation."

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Multi-Family Active

Price

$ 875,000

Bedrooms

4

Full Bath

4

Property Type

Multi-Family

Taxes

$ 7,164

Style

3-Three Story

Lot Size

0.06

Year Built

1900

Town/City

Newark

County/Region

Essex

MLS | Web ID

4029193

Features
Interior
Interior Amenities Carbon Monoxide Detector Fire Extinguisher Smoke Detector Tile Floors Vinyl-Linoleum Floors Wood Floors
Basement Unfinished
Unit 1 Baths Total 1.0
Unit 1 Beds Total 1
Unit 2 Baths Total 1.0
Unit 2 Beds Total 1
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 0
Total Bedrooms 4
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General
Sewer Public Sewer
Heating 4+ Units Baseboard - Hotwater
Cooling Window A/C(s)
Utilities Electric
Possession At Closing
Roof Flat Rubberized
Water Heater Gas
Zoning Residential
Garage Spaces 2
Architectural Style 3-Three Story
Year Built 1900
Garage Detached Garage Garage Parking
Township Newark City
Tax Year 2024
Gross Income 60000
County Essex
Net Operating Income 42000
Operating Expense 18000
Total Rooms 12
Full Baths 4
Status Active
Directions See Google
Open Parking Spaces 3
Number Of Units Total 4
Tax Annual Amount 7164
Home Warranty Y/N No
Drive Blacktop Concrete Strip Driveway-Exclusive Parking Lot-Exclusive
Standard Status Active
Tax Assessed Value 188400
Town # 1614
Tax Lot 7
Farm Assessment No
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Exterior
Exterior Amenities Patio Privacy Fence Wood Fence
Lot Features Level Lot
Water Source Public Water
Exterior Description Brick Vinyl Siding
Lot Dimensions 25X112
Lot Size Acres 0.06
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* Excluded Features
List By
JOAO FONSECA

Listing Agent

Sky Realty Associates

Broker

Affordability Calculator

$5,985
Per Month
90%
10%
0%
Monthly Principal & Interest
$5,388
Monthly Property Taxes
$597
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
Pricing History
DatePricePrice ChangeDescription
5/21/2026$875,000 Listed Price

Map


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203 Oliver St, Newark, NJ, 07105 is a Multi-Family Home for sale at $875,000 with a lot size of 0.06. 203 Oliver St has 4 bedrooms, 4.0 baths, and was built in 1900. The property's zip code is 07105 which is in Newark, NJ