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314 Smith St Newark, NJ $ 510,000
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314 Smith St
$ 510,000
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314 Smith St

Newark, NJ, 07106
$ 510,000
Bedrooms7 Baths3.2

Monthly Estimate*

$ 3,220

​

Multi-Family Home for sale in Newark, NJ

for $510,000 with 7 bedrooms and 3 full baths, 2 half baths. This home was built in 1927 on a lot size of 0.07.

Exceptional investment opportunity in Newark! This property offers strong income-producing potential with separate utilities, making it an ideal addition to any investment portfolio or a great owner-occupied opportunity. The spacious units feature generous room sizes, abundant natural light, and functional layouts designed for comfortable living. Finished basement with full bathroom and kitchenette. This home is situated on a quiet residential street, the property is conveniently located near major highways, public transportation, shopping, schools, parks, providing easy access for commuters and tenants alike. Whether you're a seasoned investor looking to expand your portfolio or a buyer seeking to offset your mortgage with rental income, this property presents outstanding long-term value in one of Newark's continually growing neighborhoods. Don't miss this excellent opportunity to own a cash-flowing asset with tremendous upside potential.

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Multi-Family Active

Price

$ 510,000

Bedrooms

7

Full Bath

3

Half Bath

2

Property Type

Multi-Family

Taxes

$ 7,798

Style

3-Three Story

Lot Size

0.07

Year Built

1927

Town/City

Newark

County/Region

Essex

MLS | Web ID

4040406
Features
General
Sewer Public Sewer
Heating 2 Units See Remarks
Cooling See Remarks
Utilities Gas-Natural
Possession At closing
Roof Asphalt Shingle
Garage Spaces 2
Architectural Style 3-Three Story
Year Built 1927
Garage Detached Garage
Township Newark City
Tax Year 2025
Gross Income 0
County Essex
Net Operating Income 0
Operating Expense 0
Total Rooms 15
Full Baths 3
Status Active
Directions South Orange Avenue to Sanford Avenue right on 18th Avenue and left onto Smith St.
Open Parking Spaces 3
Number Of Units Total 2
Tax Annual Amount 7798
Home Warranty Y/N No
Drive 1 Car Width See Remarks
Standard Status Active
Tax Assessed Value 195000
Town # 1614
Tax Lot 33
Farm Assessment No
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Interior
Basement Finished
Unit 1 Baths Total 1.0
Unit 1 Beds Total 3
Unit 2 Baths Total 1.2
Unit 2 Beds Total 5
Fuel Type Gas-Natural
Half Baths 2
Total Bedrooms 7
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Exterior
Water Source Public Water
Exterior Description Composition Shingle Vinyl Siding
Lot Dimensions 32X100
Lot Size Acres 0.07
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* Excluded Features
List By
CARLOS TURNER

Listing Agent

Re/Max Select

Broker

CARLOSTURN@GMAIL.COM

Email

Affordability Calculator

$3,870
Per Month
83%
17%
0%
Monthly Principal & Interest
$3,220
Monthly Property Taxes
$650
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
7/14/2026$510,000 Listed Price

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314 Smith St, Newark, NJ, 07106 is a Multi-Family Home for sale at $510,000 with a lot size of 0.07. 314 Smith St has 7 bedrooms, 3.2 baths, and was built in 1927. The property's zip code is 07106 which is in Newark, NJ

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