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173 3Rd St Newark, NJ $ 550,000
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173 3Rd St
$ 550,000
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173 3Rd St

Newark, NJ, 07107
$ 550,000
Bedrooms5 Baths3.0

Monthly Estimate*

$ 3,473

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Multi-Family Home for sale in Newark, NJ

for $550,000 with 5 bedrooms and 3 full baths. This home was built in 1910 on a lot size of 0.07.

Newly updated multifamily situated on a spacious 25x114 lot with a generous backyard in the heart of Newark, NJ. Perfect for the savvy investor seeking immediate cash flow or an owner-occupant looking to live in one unit while generating rental income from the other. Unit 1 is vacant and move-in ready, ideal for an owner-occupant or to immediately place a tenant for rental income. Unit 2 is currently tenant occupied, providing cash flow from day one. Strategically located just off Route 280 with seamless access to major highways and NJ Transit for a short commute to NYC. Minutes from Payne Tech High School and close proximity to shopping, dining, and local amenities. Whether you are house hacking, building your portfolio, or seeking turnkey cash flow, this property checks every box. Opportunities like this don't last. Schedule your showing today.

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Multi-Family Active

Price

$ 550,000

Bedrooms

5

Full Bath

3

Property Type

Multi-Family

Taxes

$ 7,538

Style

3-Three Story

Lot Size

0.07

Year Built

1910

Town/City

Newark

County/Region

Essex

MLS | Web ID

4042172
Features
General
Sewer Public Sewer
Heating 2 Units
Cooling See Remarks
Utilities Gas-Natural
Possession TBA
Roof Asphalt Shingle
Garage Spaces 0
Architectural Style 3-Three Story
Year Built 1910
Township Newark City
Tax Year 2025
Gross Income 0
County Essex
Net Operating Income 0
Operating Expense 0
Total Rooms 11
Full Baths 3
Status Active
Directions Orange St turn right on 3rd St drive up and property is on the right
Open Parking Spaces 0
Number Of Units Total 2
Tax Annual Amount 7538
Drive On-Street Parking
Standard Status Active
Tax Assessed Value 188500
Town # 1614
Tax Lot 50
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Interior
Basement Full
Unit 1 Baths Total 1.0
Unit 1 Beds Total 2
Unit 2 Baths Total 2.0
Unit 2 Beds Total 3
Fuel Type Gas-Natural
Half Baths 0
Total Bedrooms 5
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Exterior
Water Source Public Water
Exterior Description Vinyl Siding
Lot Dimensions 25X114.8
Lot Size Acres 0.07
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* Excluded Features
List By
ALAIN BEADE

Listing Agent

Re/Max Professionals I

Broker

Affordability Calculator

$4,101
Per Month
85%
15%
0%
Monthly Principal & Interest
$3,473
Monthly Property Taxes
$628
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
7/21/2026$550,000 Listed Price

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173 3Rd St, Newark, NJ, 07107 is a Multi-Family Home for sale at $550,000 with a lot size of 0.07. 173 3Rd St has 5 bedrooms, 3.0 baths, and was built in 1910. The property's zip code is 07107 which is in Newark, NJ

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