136 Dewey St, Newark City, NJ 07112
Essex County
Key Facts
Description
Prime 4-unit multifamily investment opportunity with immediate income in place. Three occupied units provide existing cash flow, while the vacant 3-bedroom, 1-bath unit offers value-add potential through lease-up or owner occupancy. Property features a mix of unit layouts to attract a broad tenant base. Excellent opportunity for investors seeking strong rental income and long-term appreciation in a high demand location.
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Style
2-Two Story
Year Built
1922
Stories
2
Lot Size
0.19 acres
Days on Market
10
MLS® Listing#
4039063
Property Features
Cooling
Heating
Basement
Construction
Roof
Utilities
Sewer
Water Source
Financial Details
Annual Taxes
$11,581
Tax year 2025
Assessed Value
$289,600
Parcel Number
1614-03053-0002-00014-0000-
Directions
Hobson St. to Dewey St.
Affordability Calculator
$179,800
Estimated monthly payment
$4,785/mo
Principal $719,200 · Est. interest $1,003,348 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Newark City, NJ
- $615,097
- Median Listing Price
- 49
- Median Days on Market
- 1,385
- Median Sq Ft
- $417
- Median Price / Sq Ft
- 3,231
- Active Listings
- This home’s price is 46% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Newark City, NJ.
Location
- 136 Dewey St, Newark City, NJ 07112
Points of Interest in Newark City, NJ
Showing the Newark City area map.
Nearby Schools
Bruce Street School
Elementary · 0.2 mi away
George Washington Carver Elementary School
Elementary · 0.2 mi away
NJ Regional Day School
School · 0.2 mi away
Hawthorne Avenue School
Elementary · 0.4 mi away
Newark Legacy Charter School
School · 0.4 mi away
Chancellor Avenue School
Elementary · 0.4 mi away
Weequahic High School
Secondary · 0.4 mi away
Maple Avenue School
School · 0.4 mi away
Chancellor Avenue Annex
School · 0.5 mi away
Leaguers Head Start Program
School · 0.5 mi away
University High School
Secondary School · 0.5 mi away
Rising Star Learning Center
Elementary · 0.6 mi away
Henrietta King Headstart
School · 0.7 mi away
Thurgood Marshall School
Elementary · 0.7 mi away
Peshine Avenue School
Elementary · 0.8 mi away
North Star Academy Clinton Hill Middle School
Elementary · 0.8 mi away
Kipp Team Academy
School · 0.8 mi away
George Washington Elementary School
Elementary · 0.8 mi away
Madison Elementary School
Elementary · 0.8 mi away
Augusta Preschool Academy
School · 0.8 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 20 Edwin Pl, Newark City, NJ | $649,000 | 9 | 3 | 1,998 |
| 118 Seymour Ave, Newark City, NJ | $649,000 | 9 | 3 | 29,997 |
| 256 CLINTON AVE, Jersey City, NJ | $649,000 | 9 | — | — |
| 54 North 3rd Street, Paterson City, NJ | $650,000 | 9 | 4 | — |
| 681 S 11Th St 3, Newark City, NJ | $650,000 | 9 | 3 | 2,400 |
| 9 Godwin Ave, Paterson City, NJ | $675,000 | 12 | 5 | — |
Moving Cost Estimate
EXIT Agents in Newark City
Listing Courtesy: RE/MAX PROFESSIONALS I - 9734504000