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$600,000

  • For Sale
  • Active
  • Multi-Family
  • 6 Total Beds
See This Home
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Short Sale Opportunity! Great opportunity for investors, contractors, or buyers looking to build equity. This property offers tremendous potential with the right vision and renovations. Whether you're looking for your next fix-and-flip project, rental investment, or future primary residence, this home presents an excellent value. Conveniently located near major highways, public transportation, schools, shopping, restaurants, and parks, the property offers easy access to everything Newark has to offer. This is a short sale and is being sold strictly as-is. Buyer is responsible for obtaining any required municipal certificates, inspections, and lender-required approvals. Sale is subject to third-party (lender) approval. Buyer should expect additional time for short sale processing. Don't miss this opportunity to purchase a property with outstanding upside in a convenient Newark location! Schedule your showing today.

Full Property Details for 108 Peabody Pl

General

  • Price: $600,000
  • Taxes: $12,804 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: Garden_State
  • MLS ID: 4030428
  • Updated: 6/29/2026
  • Added to Site: 47 day(s) ago

Interior

  • Number of Rooms: 10

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 6

Location

  • County: Essex
  • Driving Directions: Between Delavan and Chester Ave, and one block away from Oraton St.... near Route 21/ McCarter Highway

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: 2 Units, Forced Hot Air
  • Heating Fuel: Electric, Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water
  • Utility Description: Electric, Natural Gas

Structural Information

  • Architectural Style: 2-Two Story
  • Exterior Const.: Brick
  • Basement: Yes
  • Basement Desc.: Unfinished
  • Roof: Asphalt Shingles, Flat
  • Year Built: 1900

Unit Information

Unit 1

  • Unit Description: Bedrooms, Eat-In Kitchen, Kitchen, Living/Dining Room
  • Square Feet: 1000
  • Levels/Stories: 1
  • Total Bathrooms: 2
  • Bedrooms: 4

Unit 2

  • Unit Description: Bedrooms, Eat-In Kitchen, Kitchen, Living/Dining Room
  • Square Feet: 775
  • Levels/Stories: 2
  • Total Bathrooms: 1
  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.04
  • Lot Dimensions: 18.7 x 100
  • Driveway/Sidewalk: On-Street Parking

Financial Considerations

  • Operating Expenses: $7,189
  • Assessment Amount: $301,200
  • Land Assmt: $19,000
  • Tax Amount: $12,804
  • Tax Year: 2025

Disclosures and Reports

  • Block: 677
  • Lot Number: 12

Listed by Exp Realty, Llc

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Listing agent

— 108 Peabody Pl —

  • Exp Realty, Llc

973-520-0994

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 108 Peabody Pl

School District:Newark City School District
NameGradesDistance
Luis Munoz Marin Ele
663 Broadway, Newark, NJ 07104
PK-40.2 mi
Rafael Hernandez Elementary School
345 Broadway, Newark, NJ 07104
PK-40.6 mi
First Avenue Elementary School
214 1st Avenue, Newark, NJ 07107
5-81.2 mi
Technology High School
223 Broadway, Newark, NJ 07102
9-120.9 mi
Barringer High School
90 Parker Street, Newark, NJ 07104
9-121.4 mi
West Side High School
403 South Orange Avenue, Newark, NJ 07103
9-122.9 mi
Lafayette Street Elementary School
205 Lafayette Street, Newark, NJ 07105
K-82.7 mi
Thirteenth Avenue Elementary School
359 13th Avenue, Newark, NJ 07103
5-82.7 mi
Wilson Avenue Elementary School
19 Wilson Ave, Newark, NJ 07108
K-82.9 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 108 Peabody Pl Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/29/2026
Price Reduced
$600,000
-22.67%
MLS
6/10/2026
Price Reduced
$775,888
-3.01%
MLS
5/27/2026
Listed
$800,000
11.11%
MLS
11/12/2025
Sold
$720,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 108 Peabody Pl

Year
Property Taxes
Change
Tax Assessment
Change
2025
$12,805
7%
$320,200
—
2022
$11,963
220%
$320,200
—
2021
$3,734
—
$320,200
220%
2021
$3,734
33%
$100,000
—
2021
$2,815
-25%
$100,000
—
2019
$3,761
2%
$100,000
—
2018
$3,693
4%
$100,000
—
2017
$3,560
3%
$100,000
—
2016
$3,440
4%
$100,000
—
2015
$3,309
12%
$100,000
—
2013
$2,953
—
$100,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 108 Peabody Pl

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Exp Realty, Llc

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108 Peabody Pl, Newark, NJ 07104 (MLS# 4030428) is a Multi-Family property with 2 units containing 6 bedrooms and 3 full bathrooms. 108 Peabody Pl is currently listed for $600,000 and was received on May 27, 2026. Want to learn more about 108 Peabody Pl? Do you have questions about finding other Multi-Family real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.

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