Recently Listed New ConstructionOpen House 7/25 12pm - 3pm
118 Oraton St
Newark, NJ, 07104 $ 749,900
Bedrooms4 Baths2.1 Monthly Estimate*
$ 4,735
for $749,900 with 4 bedrooms and 2 full baths, 1 half bath. This home was built in 2022 on a lot size of 0.03.
Exceptional new construction 2-family home built in 2022, ideally located in Newark's desirable North Ward, just off Broadway between Chester and Delavan Avenues near Belleville. An outstanding opportunity for both owner-occupants and investors, the 2nd-floor apartment is vacant and ready for occupancy, while the 1st-floor apartment is occupied by a quality tenant, providing immediate rental income to offset your mortgage.The vacant 2nd-floor apartment features a bright open-concept living and dining area, a beautifully appointed kitchen with stainless steel appliances, 2 spacious bedrooms, a full bath, ample closet space, and convenient pull-down attic storage.The 1st-floor apartment offers a similar open-concept layout with stainless steel appliances, 2 generously sized bedrooms, and a full bath. This apartment also enjoys exclusive access to the finished lower level, complete with a laundry area, 1/2 bath, direct exterior access, and an exceptionally finished built-in garage featuring attractive vinyl flooring, finished walls, and abundant lighting. This versatile space provides endless possibilities for storage, a workshop, home gym, hobby area, or additional rec space.Built with modern systems, contemporary finishes, and separate utilities, this low-maintenance property offers lasting value and exceptional versatility. Conveniently located near Branch Brook Park, shopping, restaurants, major highways, and public transportation with easy access to New York City.
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Open House
7/25/2026 12:00 PM - 3:00 PM
7/26/2026 12:00 PM - 3:00 PM
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm
FeaturesInteriorInterior Amenities Carbon Monoxide Detector See Remarks Smoke Detector Tile Floors Wood Floors
Basement Finished Walkout
Unit 1 Baths Total 1.1
Unit 1 Beds Total 2
Unit 2 Baths Total 1.0
Unit 2 Beds Total 2
Fuel Type Gas-Natural
Half Baths 1
Total Bedrooms 4
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GeneralSewer Public Sewer See Remarks
Heating 2 Units Forced Hot Air
Cooling 2 Units Central Air
Utilities Electric Gas-Natural
Possession Negotiable
Roof Asphalt Shingle
Water Heater Gas
Garage Spaces 1
Architectural Style 3-Three Story See Remarks
Exclusions Tenants Personal Belongings
Year Built 2022
Garage Built-In Garage Garage Door Opener Garage Parking
Township Newark City
Tax Year 2025
Gross Income 9999
County Essex
Net Operating Income 9999
Operating Expense 9999
Subdivision Name North Ward
Total Rooms 11
Full Baths 2
Status Active
Directions Garden State Pkwy Exit 148 to Broadway left on Chester Ave left on Oraton St. Property on left. See GPS for additional clarity.
High School TECHNOLOGY
Open Parking Spaces 1
Number Of Units Total 2
Elementary School L M MARIN
Tax Annual Amount 12416
Home Warranty Y/N No
Middle/Junior High School L M MARIN
Drive See Remarks
Standard Status Active
Tax Assessed Value 310500
Town # 1614
Tax Lot 81
Farm Assessment No
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ExteriorExterior Amenities See Remarks
Water Source Public Water
Exterior Description Brick Vinyl Siding
Lot Dimensions 24.6X50
Lot Size Acres 0.03
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* Excluded FeaturesList BySYDNEY M. WHITEListing Agent
Identity PropertiesBroker
sydneywhite@identityproperties.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $4,735
- Monthly Property Taxes
- $1,035
- 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.
Learn more about how to save NearbyMulti-family listings in Newark, NJ
Average List Price $730,295
Percent of Sale Price 3%
About Newark, NJ 283,201 Population
4% Since 2002
$ 35,768 Median Income
34.98 Median Age
34% Households with Children
Trends Information provided by ATTOM Data Solutions.
5404404 Elementary School
5524086 Middle School
Technology High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/22/2026 | $749,900 | | Listed Price |