114 Peck Ave Newark, NJ $ 795,000
114 Peck Ave
$ 795,000
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114 Peck Ave

Newark, NJ, 07107
$ 795,000
Bedrooms9 Baths3.0

Monthly Estimate*

$ 5,020

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Multi-Family Home for sale in Newark, NJ

for $795,000 with 9 bedrooms and 3 full baths. This home was built in 1925 on a lot size of 0.09.

Welcome to 114 Peck Avenue, a fantastic opportunity to own a legal 3-family property with immediate income potential and long-term value. Perfect for both investors and owner-occupants, this property features three spacious 3-bedroom units designed for strong rental appeal.Two units are occupied by excellent long-term tenants, providing reliable rental income from day one, while the vacant third unit offers the flexibility for owner occupancy or the opportunity to lease at current market rents and maximize cash flow.The full basement offers ample space and endless possibilities for storage, a workshop, recreation area, or future improvements. Bring your imagination and unlock the property's full potential.Conveniently located near schools, shopping, public transportation, and major highways, this well-maintained multi-family home is an excellent addition to any investment portfolio or the perfect place to call home while generating rental income.Don't miss this rare chance to own a legal 3-family with strong income, future upside, and endless possibilities. Schedule your private showing today!

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Multi-Family Coming Soon

Price

$ 795,000

Bedrooms

9

Full Bath

3

Property Type

Multi-Family

Taxes

$ 11,865

Style

3-Three Story

Lot Size

0.09

Year Built

1925

Town/City

Newark

County/Region

Essex

MLS | Web ID

4040708

Features
General
Sewer Public Sewer
Heating Forced Hot Air
Cooling 3 Units Central Air
Utilities Gas-Natural
Possession Immediately
Roof Flat Rubberized
Architectural Style 3-Three Story
Year Built 1925
Township Newark City
Tax Year 2025
Gross Income 0
County Essex
Net Operating Income 0
Operating Expense 0
Total Rooms 15
Full Baths 3
Status Coming Soon
Directions Between north 10th street and North 11th
Open Parking Spaces 4
Number Of Units Total 3
Tax Annual Amount 11865
Home Warranty Y/N No
Drive 1 Car Width Driveway-Shared
Standard Status Coming Soon
Tax Assessed Value 296700
Town # 1614
Tax Lot 5
Farm Assessment No
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Interior
Basement French Drain Full Unfinished Walkout
Unit 1 Baths Total 1.0
Unit 1 Beds Total 3
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 9
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Exterior
Water Source Public Water
Exterior Description See Remarks
Lot Dimensions 37.6X100
Lot Size Acres 0.09
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* Excluded Features
List By
Mary Griess

Listing Agent

Weichert Realtors

Broker

Clifton

Office

Affordability Calculator

$6,008
Per Month
84%
16%
0%
Monthly Principal & Interest
$5,020
Monthly Property Taxes
$989
Monthly Home Insurance
--
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
291163 Elementary School
291353 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/15/2026$795,000 Listed Price

Map


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114 Peck Ave, Newark, NJ, 07107 is a Multi-Family Home for sale at $795,000 with a lot size of 0.09. 114 Peck Ave has 9 bedrooms, 3.0 baths, and was built in 1925. The property's zip code is 07107 which is in Newark, NJ