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697 1/2 N 5Th St Newark, NJ $ 575,000
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$ 575,000 Get more info
697 1/2 N 5Th St
$ 575,000
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697 1/2 N 5Th St

Newark, NJ, 07107
$ 575,000
Bedrooms4 Baths2.0

Monthly Estimate*

$ 3,540

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Multi-Family Home for sale in Newark, NJ

for $575,000 with 4 bedrooms and 2 full baths. This home was built in 1962 on a lot size of 0.04.

Opportunity awaits with this well-located two-family property in Newark's desirable North Ward. Conveniently situated near public transportation, major highways, schools, shopping, dining, houses of worship, and the renowned Branch Brook Park. This income-producing property offers separate living spaces, making it ideal for investors or owner-occupants seeking rental income. Features include an oversized basement providing ample storage and potential for additional use, subject to local regulations. Enjoy easy access to recreation, commuter routes, and neighborhood amenities. A fantastic opportunity to add value and build long-term wealth in a strong rental market.

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Multi-Family Active

Price

$ 575,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 5,762

Style

2-Two Story

Lot Size

0.04

Year Built

1962

Town/City

Newark

County/Region

Essex

MLS | Web ID

4032996
Features
General
Sewer Public Sewer
Heating 1 Unit Baseboard - Hotwater
Cooling See Remarks
Utilities Gas-Natural
Possession ASAP
Roof Flat
Architectural Style 2-Two Story
Year Built 1962
Township Newark City
Tax Year 2025
Gross Income 0
County Essex
Net Operating Income 0
Operating Expense 0
Total Rooms 8
Full Baths 2
Status Active
Directions Use GPS to N.5th Street. Off of Bloomfield Ave.
Open Parking Spaces 2
Number Of Units Total 2
Tax Annual Amount 5762
Drive 2 Car Width
Standard Status Active
Tax Assessed Value 144100
Town # 1614
Tax Lot 49
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Interior
Basement Finished-Partially
Unit 1 Baths Total 1.0
Unit 1 Beds Total 2
Unit 2 Baths Total 1.0
Unit 2 Beds Total 2
Fuel Type Gas-Natural
Half Baths 0
Total Bedrooms 4
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Exterior
Water Source Public Water
Exterior Description Stucco
Lot Dimensions 16.10X100
Lot Size Acres 0.04
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* Excluded Features
List By
BRIDGET PAPINO

Listing Agent

The Thompson Realty Group

Broker

papinoproperties@gmail.com

Email

Affordability Calculator

$4,021
Per Month
88%
12%
0%
Monthly Principal & Interest
$3,540
Monthly Property Taxes
$480
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
6/8/2026$575,000 Listed Price

Map

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697 1/2 N 5Th St, Newark, NJ, 07107 is a Multi-Family Home for sale at $575,000 with a lot size of 0.04. 697 1/2 N 5Th St has 4 bedrooms, 2.0 baths, and was built in 1962. The property's zip code is 07107 which is in Newark, NJ

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