For Multi Family

59 Norwood St,Newark City, NJ 07106-1817

December 29, 2025

Priced to Sell! Welcome to this 2 family property located in the heart of the Vailsburg section in Newark, NJ! Conveniently located near public transportation, highways, places of worship, eateries, and more! This home is ready for your personal touch and requiring some TLC. 2 units , both with 3 Bedrooms and 1 and half bath in each. This property also includes a backyard for your entertaining needs AND A 2 CAR DRIVEWAY. Property being sold “AS IS” . Buyer is responsible for all permits and CO from town. Perfect opportunity for investors or owners wanting additional rental income.

Property ID:PT-23651326-AXZR

Offer Type:For Multi Family

Property Type:Multi-Family

Price: 500,000 $

Bedrooms:6

Year Built:1996

Listing Details

Status: Active

Location

County: Essex

Lotsize: 25X100

Lot Identifier: 64

Home Details

Open Parking: 2

Basement: No

Renovated: 1996

Acreage: 0.06

Total Baths: 2.20

Unit Style: 2-Two Story

Number of Units: 2

Rooms: 14

Easement/Desc: No

Exterior Description: Aluminum Siding

Roof Description: Asphalt Shingle

Possesion: at closing

Unit 1 Appliances/Equipment: Range/Oven - Gas, Refrigerator

Unit 1 Levels: 1

Unit 1 Rooms: 5

Unit 1 Beds: 3

Unit 1 Baths: 1.5

Unit 1 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat

Unit 1 Handicap: No

Unit 1 Room Description: Bedrooms, Dining Room, Family Room, Kitchen, Living Room

Unit 2 Appliances/Equipment: Range/Oven - Gas, Refrigerator

Unit 2 Levels: 2

Unit 2 Rooms: 5

Unit 2 Beds: 3

Unit 2 Baths: 1.5

Unit 2 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat

Unit 2 Handicap: No

Unit 2 Room Description: Bedrooms, Dining Room, Kitchen, Living Room, Porch

Block Identifier: 4066

County Number: 16

Town Number: 1614

YB/Desc: 1996 - Renovated

Easement: No

Parking/Driveway Description: Concrete Strip

Block Identifier: 4066

County Number: 16

Town Number: 1614

Possession: at closing

Taxes, Fees & Assessments

Expense Include: Utilities

Warranty: No

Tax ID For Property: 1614-04066-0000-00064-0000-

Tax Amount: $5,012.00

Tax Year: 2024

Tax Rate: 3.803%

Tax Rate Year: 2025

Farm Assessment: No

Land Assessment: $16,300.00

Building Assessment: $115,500.00

Total Assessment: $131,800.00

FHA Age Restricted: No

Utilities

Water Heater: Electric

Heat Source: Gas-Natural

Heat System: Radiant - Hot Water

Cool System: Wall A/C Unit(s)

Water: Public Water

Sewer: Public Sewer

Utilities: Electric

Services: Cable TV

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Listing Details

59 Norwood St,Newark City, NJ 07106-1817

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