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129-131 Carolina Ave Newark, NJ $ 830,000
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$ 830,000 Get more info
129-131 Carolina Ave
$ 830,000
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129-131 Carolina Ave

Newark, NJ, 07106
$ 830,000
Bedrooms8 Baths4.0

Monthly Estimate*

$ 5,241

129-131 Carolina Ave, Newark, NJ 07106 - Image 1
129-131 Carolina Ave, Newark, NJ 07106 - Image 2
129-131 Carolina Ave, Newark, NJ 07106 - Image 3
129-131 Carolina Ave, Newark, NJ 07106 - Image 4
129-131 Carolina Ave, Newark, NJ 07106 - Image 5
129-131 Carolina Ave, Newark, NJ 07106 - Image 6
129-131 Carolina Ave, Newark, NJ 07106 - Image 7

Multi-Family Home for sale in Newark, NJ

for $830,000 with 8 bedrooms and 4 full baths. This home was built in 1932 on a lot size of 0.1.

Well-maintained 4-family property offering 8 bedrooms and 4 full bathrooms, providing an excellent opportunity for rental income. Features include beautiful hardwood floors, a roof replaced in 2025, newer furnace and windows, and full-size basement offering tremendous potential for additional use or storage. Conveniently located approximately 15 minutes from Newark Airport. A great opportunity for investors looking to add a strong income-producing property to their portfolio. All units are currently occupied. Buyer to conduct their own due diligence regarding leases, rents, expenses, and property condition.

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Multi-Family Active

Price

$ 830,000

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 8,505

Style

Fourplex

Lot Size

0.1

Year Built

1932

Town/City

Newark

County/Region

Essex

MLS | Web ID

4049289
Features
Interior
Interior Amenities Fire Extinguisher High Ceilings Smoke Detector Tile Floors Wood Floors
Basement Bilco-Style Door Finished-Partially Full Walkout
Unit 1 Baths Total 1.0
Unit 1 Beds Total 2
Unit 2 Baths Total 1.0
Unit 2 Beds Total 2
Unit 3 Baths Total 1.0
Unit 3 Beds Total 2
Unit 4 Baths Total 1.0
Unit 4 Beds Total 2
Fuel Type Electric Gas-Natural
Half Baths 0
Total Bedrooms 8
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General
Sewer Public Sewer
Heating 1 Unit
Cooling None
Utilities Gas In Street
Possession at closing
Roof Asphalt Shingle
Water Heater Electric Gas
Garage Spaces 0
Architectural Style Fourplex
Exclusions tenants' personal belongings
Year Built 1932
Township Newark City
Tax Year 2025
Gross Income 1
County Essex
Net Operating Income 1
Operating Expense 1
Total Rooms 16
Full Baths 4
Status Active
Directions Carolina Ave.
Open Parking Spaces 6
Number Of Units Total 4
Tax Annual Amount 8505
Drive 2 Car Width Additional Parking Blacktop Driveway-Exclusive Off-Street Parking
Standard Status Active
Tax Assessed Value 212700
Town # 1614
Tax Lot 66
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Exterior
Exterior Amenities Curbs Sidewalk
Lot Features Level Lot
Water Source Public Water
Exterior Description Aluminum Siding Brick
Lot Dimensions 45X100
Lot Size Acres 0.10
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* Excluded Features
List By
EVA TINEO

Listing Agent

Realty One Group Living

Broker

Affordability Calculator

$5,949
Per Month
88%
12%
0%
Monthly Principal & Interest
$5,241
Monthly Property Taxes
$709
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
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/28/2026$830,000 Listed Price

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129-131 Carolina Ave, Newark, NJ, 07106 is a Multi-Family Home for sale at $830,000 with a lot size of 0.1. 129-131 Carolina Ave has 8 bedrooms, 4.0 baths, and was built in 1932. The property's zip code is 07106 which is in Newark, NJ

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