72 Sunset Ave Newark, NJ $ 699,500
72 Sunset Ave
$ 699,500
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72 Sunset Ave

Newark, NJ, 07106
$ 699,500
Bedrooms9 Baths3.0

Monthly Estimate*

$ 4,417

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Multi-Family Home for sale in Newark, NJ

for $699,500 with 9 bedrooms and 3 full baths. This home was built in 1915 on a lot size of 0.14.

Welcome to an exceptional two family opportunity where space, location, and income potential come together! Beautifully renovated across three floors on an oversized double lot. This home delivers the scale, flexibility, and cash-flowing potential today's buyers want and just minutes from Seton Hall University, South Orange, and the Garden State Parkway. Step through a sunny front porch into sun drenched interiors with hardwood floors, central HVAC, and stylish kitchens featuring Samsung appliances, granite countertops, and abundant cabinetry overlooking a sprawling backyard built for entertaining. Both units offer flexible 3"4 bedroom layouts, separate living and dining areas, and a bonus sunroom perfect as a home office, or playroom & porch access. Fully finished basement adds massive value with a full bath and stall shower, laundry, potential kitchenette, extra rooms, recreation space, and abundant storage. Outside, enjoy a fenced yard, extended driveway, and a rare oversized three car garage delivering parking most buyers only dream of. Rents estimated at $3,500"$4,000 for the first-floor unit inc basement. Alternatively $2,500"$3,000 per unit, plus potential income from parking and laundry creating a true cash-flowing asset. Minutes to major highways, Newark Airport, and NYC transit. Qualified buyers may access grant programs through approved lenders for down payment, closing cost. Home has been virtually staged in the interim & LA has a legal interest in this home.

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Multi-Family Coming Soon

Price

$ 699,500

Bedrooms

9

Full Bath

3

Property Type

Multi-Family

Taxes

$ 11,081

Style

2-Two Story

Lot Size

0.14

Year Built

1915

Town/City

Newark

County/Region

Essex

MLS | Web ID

4045728

Features
Interior
Interior Amenities Blinds Carbon Monoxide Detector Fire Extinguisher Smoke Detector Stain Glass Windows Tile Floors Wood Floors
Basement Finished Full
Unit 1 Baths Total 2.0
Unit 1 Beds Total 6
Unit 2 Baths Total 1.0
Unit 2 Beds Total 3
Fuel Type Gas-Natural
Half Baths 0
Total Bedrooms 9
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General
Sewer Public Sewer
Heating 2 Units Forced Hot Air
Cooling 2 Units Central Air
Utilities All Underground Electric Gas-Natural
Possession At Closing
Roof Asphalt Shingle Flat
Water Heater Electric
Zoning R2
Garage Spaces 3
Architectural Style 2-Two Story
Exclusions Staging Items & owners possessions
Year Built 1915
Garage Detached Garage Garage Parking Oversize Garage
Township Newark City
Tax Year 2025
Gross Income 99999
County Essex
Net Operating Income 99999
Operating Expense 99999
Total Rooms 16
Full Baths 3
Status Coming Soon
Directions South Orange Ave to Sunset Ave
Open Parking Spaces 6
Number Of Units Total 2
Tax Annual Amount 11081
Home Warranty Y/N No
Drive 1 Car Width Additional Parking Concrete Off-Street Parking
Standard Status Coming Soon
Tax Assessed Value 277100
Town # 1614
Tax Lot 40
Farm Assessment No
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Exterior
Exterior Amenities Metal Fence Open Porch(es) Wood Fence
Lot Features Level Lot
Water Source Public Water
Exterior Description Brick Vinyl Siding
Lot Dimensions 62.6X100
Lot Size Acres 0.14
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* Excluded Features
List By
DARRELL BAILEY

Listing Agent

Re/Max First Realty Ii

Broker

support@dbrei.com

Email

Affordability Calculator

$5,340
Per Month
83%
17%
0%
Monthly Principal & Interest
$4,417
Monthly Property Taxes
$923
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
8/8/2026$699,500 Listed Price

Map


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72 Sunset Ave, Newark, NJ, 07106 is a Multi-Family Home for sale at $699,500 with a lot size of 0.14. 72 Sunset Ave has 9 bedrooms, 3.0 baths, and was built in 1915. The property's zip code is 07106 which is in Newark, NJ