72 Sunset Ave
Newark, NJ, 07106 $ 699,500
Bedrooms9 Baths3.0 Monthly Estimate*
$ 4,417
for $699,500 with 9 bedrooms and 3 full baths. This home was built in 1915 on a lot size of 0.14.
Welcome to an exceptional two family opportunity where space, location, and income potential come together! Beautifully renovated across three floors on an oversized double lot. This home delivers the scale, flexibility, and cash-flowing potential today's buyers want and just minutes from Seton Hall University, South Orange, and the Garden State Parkway. Step through a sunny front porch into sun drenched interiors with hardwood floors, central HVAC, and stylish kitchens featuring Samsung appliances, granite countertops, and abundant cabinetry overlooking a sprawling backyard built for entertaining. Both units offer flexible 3"4 bedroom layouts, separate living and dining areas, and a bonus sunroom perfect as a home office, or playroom & porch access. Fully finished basement adds massive value with a full bath and stall shower, laundry, potential kitchenette, extra rooms, recreation space, and abundant storage. Outside, enjoy a fenced yard, extended driveway, and a rare oversized three car garage delivering parking most buyers only dream of. Rents estimated at $3,500"$4,000 for the first-floor unit inc basement. Alternatively $2,500"$3,000 per unit, plus potential income from parking and laundry creating a true cash-flowing asset. Minutes to major highways, Newark Airport, and NYC transit. Qualified buyers may access grant programs through approved lenders for down payment, closing cost. Home has been virtually staged in the interim & LA has a legal interest in this home.
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FeaturesInteriorInterior Amenities Blinds Carbon Monoxide Detector Fire Extinguisher Smoke Detector Stain Glass Windows Tile Floors Wood Floors
Basement Finished Full
Unit 1 Baths Total 2.0
Unit 1 Beds Total 6
Unit 2 Baths Total 1.0
Unit 2 Beds Total 3
Fuel Type Gas-Natural
Half Baths 0
Total Bedrooms 9
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GeneralSewer Public Sewer
Heating 2 Units Forced Hot Air
Cooling 2 Units Central Air
Utilities All Underground Electric Gas-Natural
Possession At Closing
Roof Asphalt Shingle Flat
Water Heater Electric
Zoning R2
Garage Spaces 3
Architectural Style 2-Two Story
Exclusions Staging Items & owners possessions
Year Built 1915
Garage Detached Garage Garage Parking Oversize Garage
Township Newark City
Tax Year 2025
Gross Income 99999
County Essex
Net Operating Income 99999
Operating Expense 99999
Total Rooms 16
Full Baths 3
Status Coming Soon
Directions South Orange Ave to Sunset Ave
Open Parking Spaces 6
Number Of Units Total 2
Tax Annual Amount 11081
Home Warranty Y/N No
Drive 1 Car Width Additional Parking Concrete Off-Street Parking
Standard Status Coming Soon
Tax Assessed Value 277100
Town # 1614
Tax Lot 40
Farm Assessment No
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ExteriorExterior Amenities Metal Fence Open Porch(es) Wood Fence
Lot Features Level Lot
Water Source Public Water
Exterior Description Brick Vinyl Siding
Lot Dimensions 62.6X100
Lot Size Acres 0.14
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* Excluded FeaturesList ByDARRELL BAILEYListing Agent
Re/Max First Realty IiBroker
Affordability Calculator
- Monthly Principal & Interest
- $4,417
- Monthly Property Taxes
- $923
- 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.
Learn more about how to save NearbyMulti-family listings in Newark, NJ
Average List Price $738,844
Percent of Sale Price 6%
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.
291163 Elementary School
291353 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/8/2026 | $699,500 | | Listed Price |