For Multi Family

74 Smith St,Newark City, NJ 07106-1110

January 9, 2026

Well-maintained two-family property featuring two separate apartments, each offering 3 bedrooms and 1 full bathroom with spacious layouts. The property also includes a bonus attic space with a bathroom, plus an additional bathroom in the basement for added convenience. Perfect opportunity for first-time home buyers looking to take advantage of CRA and low-down-payment loan programs. Conveniently located near NJ Transit, the Garden State Parkway, and major commuter routes to NYC, with easy access to schools, shopping, dining, and Newark’s growing redevelopment areas own for less than rent while building equity.

Property ID:PT-27144064-AXZR

Offer Type:For Multi Family

Property Type:Multi-Family

Price: 650,000 $

Bedrooms:7

Year Built:1925

Listing Details

Status: Active

Location

County: Essex

Lotsize: 29.1X88.7

Lot Identifier: 1

Home Details

Open Parking: 2

Basement: Yes

Basmnt/Desc: Yes - Finished-Partially, Full, Walkout

Acreage: 0.06

Total Baths: 4.00

Unit Style: Under/Over

Number of Units: 2

Rooms: 12

Easement/Desc: Unknown

Exterior Description: Vinyl Siding

Roof Description: Asphalt Shingle

Possesion: upon closing

Unit 1 Appliances/Equipment: Carbon Monoxide Detector, Ceiling Fan(s), Range/Oven - Gas

Unit 1 Levels: 1

Unit 1 Rooms: 6

Unit 1 Beds: 3

Unit 1 Baths: 1.0

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

Unit 1 Handicap: No

Unit 1 Rent: 2400

Unit 1 Room Description: Bedrooms, Eat-In Kitchen, Living/Dining Room

Unit 2 Appliances/Equipment: Carbon Monoxide Detector, Ceiling Fan(s), Range/Oven - Gas

Unit 2 Levels: 2

Unit 2 Rooms: 6

Unit 2 Beds: 3

Unit 2 Baths: 1.0

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

Unit 2 Handicap: No

Unit 2 Room Description: Attic, Bedrooms, Eat-In Kitchen, Living/Dining Room

Garage Description: Detached Garage

Block Identifier: 4200

County Number: 16

Town Number: 1614

YB/Desc: 1925 - Approximate, Standing

Easement: Unknown

Parking/Driveway Description: Driveway-Exclusive, On-Street Parking

Block Identifier: 4200

County Number: 16

Town Number: 1614

Possession: upon closing

Utilities

Heat Source: Electric, Gas-Natural

Heat System: Baseboard - Electric, Radiant - Hot Water

Cool System: Window A/C(s)

Water: Public Water

Sewer: Public Sewer

Utilities: Gas-Natural

Taxes, Fees & Assessments

Tax ID For Property: 1614-04200-0000-00001-0000-

Tax Amount: $15,786.00

Tax Year: 2024

Tax Rate: 3.803%

Tax Rate Year: 2025

Land Assessment: $15,600.00

Building Assessment: $399,500.00

Total Assessment: $415,100.00

FHA Age Restricted: No

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Listing Details

74 Smith St,Newark City, NJ 07106-1110

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