148 Dewey Street
Newark, NJ, 07112 $ 1,125,000
Bedrooms9 Baths7.1 Monthly Estimate*
$ 6,927
Multi-Family Home for sale in Newark, NJ
for $1,125,000 with 9 bedrooms and 7 full baths, 1 half bath.
BRAND NEW CONSTRUCTION! Exceptional Investment Opportunity! This stunning 3-family with a bonus accessory structure offers unparalleled income potential with 9 bedrooms, 7.5 baths on an expansive 8,000 sq ft lot. BONUS: Separate accessory structure adds incredible versatility - transform into a private studio, home gym, office suite, or guest quarters for maximum income potential! Lower Level: 2 bedrooms, 1 bath, pantry, laundry room, complete with stainless steel appliances including dishwasher, oven, range, microwave, and stackable washer/dryer. Floors 2 & 3: Each boasts 3 bedrooms, 3 full baths, pantry, laundry room, and gourmet kitchens with islands and premium finishes throughout such as designer media walls, and master bedrooms with accent walls. Perfect for owner-occupancy - live in one unit and rent the others PLUS monetize the accessory building to maximize your investment returns. The separate structure provides endless possibilities: additional rental income, private retreat space, or premium amenities that command higher rents. Prime Weequahic location near Beth Israel & convenient access to parks, quality schools, and public transportation. This turnkey property combines modern luxury with smart financial planning and an unbeatable Newark location. Don't miss this unique opportunity to own a cash-flowing asset from day one! 5 Year Tax Abatement! Schedule your private showing today. Property will be done In November!!!
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FeaturesGeneralUtilities Electricity Connected Natural Gas Connected Sep Heat Water Connected
Garage Spaces 3.0
Architectural Style 4 Family
Rooms None
County 7
Property Type 2-4 Family
HOA N
Total Rooms 22
Full Baths 7
Status Under Contract - Under Contract
City Newark
Disclosures Seller's Agent Seller Disclosure - Yes
Year Built Details New Const-New Fdn
Tax Annual Amount 5282.0
MLS Area Minor 400
Lease Considered Y/N N
Standard Status Pending
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InteriorHeating Y/N N
Half Baths 1
Laundry Features In Unit
Total Bedrooms 9
Total Baths 8
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $6,927
- Monthly Property Taxes
- $440
- 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.
Learn more about how to save NearbyMulti-family listings in Newark, NJ
Average List Price $737,869
Percent of Sale Price 34%
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.
843640 Elementary School
843641 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 3/27/2026 | $1,125,000 | -13.46% | Price Down |
| 9/24/2025 | $1,299,999 | -90.00% | Price Down |
| 9/24/2025 | $12,999,999 | | Listed Price |