108 Peabody Pl Newark, NJ $ 500,000
108 Peabody Pl
$ 500,000
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108 Peabody Pl

Newark, NJ, 07104
$ 500,000
Bedrooms6 Baths3.0

Monthly Estimate*

$ 3,157

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108 Peabody Pl, Newark, NJ 07104 - Image 11

Multi-Family Home for sale in Newark, NJ

for $500,000 with 6 bedrooms and 3 full baths. This home was built in 1900 on a lot size of 0.04.

Short Sale Opportunity! Great opportunity for investors, contractors, or buyers looking to build equity. This property offers tremendous potential with the right vision and renovations. Whether you're looking for your next fix-and-flip project, rental investment, or future primary residence, this home presents an excellent value. Conveniently located near major highways, public transportation, schools, shopping, restaurants, and parks, the property offers easy access to everything Newark has to offer. This is a short sale and is being sold strictly as-is. Buyer is responsible for obtaining any required municipal certificates, inspections, and lender-required approvals. Sale is subject to third-party (lender) approval. Buyer should expect additional time for short sale processing. Don't miss this opportunity to purchase a property with outstanding upside in a convenient Newark location! Schedule your showing today.

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Multi-Family Active

Price

$ 500,000

Bedrooms

6

Full Bath

3

Property Type

Multi-Family

Taxes

$ 12,804

Style

2-Two Story

Lot Size

0.04

Year Built

1900

Town/City

Newark

County/Region

Essex

MLS | Web ID

4030428

Features
General
Sewer Public Sewer
Heating 2 Units Forced Hot Air
Cooling Central Air
Utilities Electric Gas-Natural
Possession At closing
Roof Asphalt Shingle Flat
Architectural Style 2-Two Story
Year Built 1900
Township Newark City
Tax Year 2025
Gross Income 30000
County Essex
Net Operating Income 22811
Operating Expense 7189
Total Rooms 10
Full Baths 3
Status Active
Directions Between Delavan and Chester Ave and one block away from Oraton St.... near Route 21/ McCarter Highway
Open Parking Spaces 0
Number Of Units Total 2
Tax Annual Amount 12804
Home Warranty Y/N No
Drive On-Street Parking
Standard Status Active
Tax Assessed Value 320200
Town # 1614
Tax Lot 12
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Interior
Basement Unfinished
Unit 1 Baths Total 2.0
Unit 1 Beds Total 4
Unit 2 Baths Total 1.0
Unit 2 Beds Total 2
Fuel Type Electric Gas-Natural
Half Baths 0
Total Bedrooms 6
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Exterior
Water Source Public Water
Exterior Description Brick
Building Area Total 0
Lot Dimensions 18.7X100
Lot Size Acres 0.04
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* Excluded Features
List By
RICHARD ADAMSKI

Listing Agent

Exp Realty, Llc

Broker

Rich@theadamskiteam.com

Email

Affordability Calculator

$4,224
Per Month
75%
25%
0%
Monthly Principal & Interest
$3,157
Monthly Property Taxes
$1,067
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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The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/16/2026$500,000 -16.67% Price Down
6/30/2026$600,000 -22.67% Price Down
6/10/2026$775,888 -3.01% Price Down
5/27/2026$800,000 Listed Price

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108 Peabody Pl, Newark, NJ, 07104 is a Multi-Family Home for sale at $500,000 with a lot size of 0.04. 108 Peabody Pl has 6 bedrooms, 3.0 baths, and was built in 1900. The property's zip code is 07104 which is in Newark, NJ