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51 Myrtle Ave # 3 Newark, NJ $ 775,000
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$ 775,000 Get more info
51 Myrtle Ave # 3
$ 775,000
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Recently Listed
Open House 6/14 12pm - 4pm
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51 Myrtle Ave # 3

Newark, NJ, 07107
$ 775,000
Bedrooms8 Baths3.0

Monthly Estimate*

$ 4,772

51 Myrtle Ave # 3, Newark, NJ 07107 - Image 1
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Multi-Family Home for sale in Newark, NJ

for $775,000 with 8 bedrooms and 3 full baths. This home was built in 1952 on a lot size of 0.05.

Discover a rare, investment opportunity that blends modern updates with consistent cash flow. This renovated three-family home offers a "set it and forget it" appeal for seasoned investors or an ideal situation for a savvy house-hacker looking to offset their mortgage. Benefit from peace of mind with significant renovations completed within the last few years. The heavy lifting has been done for you. The property is currently occupied with reliable tenants. While the property provides steady income, two units are currently on month-to-month leases, offering the new owner maximum flexibility for market-rent adjustments or owner-occupancy.Situated in a vibrant Newark neighborhood, the home is conveniently located near public transportation, local shopping, and essential services. This is urban living at its most practical, catering to a high-demand rental market.

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Open House

6/14/2026 12:00 PM - 4:00 PM
51 Myrtle Ave # 3 Newark, NJ
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm
Multi-Family Active

Price

$ 775,000

Bedrooms

8

Full Bath

3

Property Type

Multi-Family

Taxes

$ 13,456

Style

3-Three Story

Lot Size

0.05

Year Built

1952

Town/City

Newark

County/Region

Essex

MLS | Web ID

4033689
Features
Interior
Interior Amenities Carbon Monoxide Detector
Basement Unfinished
Unit 1 Baths Total 1.0
Unit 1 Beds Total 2
Unit 2 Baths Total 1.0
Unit 2 Beds Total 3
Unit 3 Baths Total 1.0
Unit 3 Beds Total 3
Fuel Type Gas-Natural
Half Baths 0
Total Bedrooms 8
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General
Sewer Public Sewer
Heating Forced Hot Air
Cooling None
Utilities See Remarks
Possession Negotiable
Roof Flat
Architectural Style 3-Three Story
Year Built 1952
Garage None On-Street Parking
Township Newark City
Unit Number 3
Tax Year 2025
Gross Income 0
County Essex
Net Operating Income 0
Operating Expense 0
Subdivision Name Lower Roseville
Total Rooms 14
Full Baths 3
Status Active
Directions West Market Street to Myrtle Avenue.
Open Parking Spaces 0
Number Of Units Total 3
Tax Annual Amount 13456
Drive None On-Street Parking
Standard Status Active
Tax Assessed Value 336500
Town # 1614
Tax Lot 60
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Exterior
Exterior Amenities Curbs
Lot Features Irregular Lot
Water Source Public Water
Exterior Description Brick
Lot Dimensions 25X94
Lot Size Acres 0.05
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* Excluded Features
List By
TIFFANY BOOKER

Listing Agent

Prominent Properties Sir

Broker

tiffany@lifeandlegacyhomes.com

Email

Affordability Calculator

$5,893
Per Month
81%
19%
0%
Monthly Principal & Interest
$4,772
Monthly Property Taxes
$1,121
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
6/10/2026$775,000 Listed Price

Map

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51 Myrtle Ave # 3, Newark, NJ, 07107 is a Multi-Family Home for sale at $775,000 with a lot size of 0.05. 51 Myrtle Ave # 3 has 8 bedrooms, 3.0 baths, and was built in 1952. The property's zip code is 07107 which is in Newark, NJ

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