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$770,000
Property Description
Won't Last Long! Vacant Legal 3-Family in Weequahic, NewarkTurnkey investment or owner-occupant opportunity. Delivered vacant with strong income potential from day one.Unit Mix:1st Fl: 3 BR / 1 BA " $3,200 potential2nd Fl: 3 BR / 1 BA " $3,200 potential3rd Fl: 2 BR / 1 BA " $2,300 potential. Projected Income: $8,700/mo $104,400/yr. Strong income-producing property with excellent cash flow potential. Located in the desirable Weequahic section near Weequahic Park, Newark Beth Israel, public transportation, major highways, shopping, schools, Newark Airport & NYC routes. Rare fully vacant 3-family don't miss this opportunity!
Full Property Details
Full Property Details for 108 Vassar Ave
General
- Price: $770,000
- Taxes: $11,665 (2025)
- Status: Active
- Type: Multi-Family
- Source: Liberty_Board_Hudson_County_Hudson_MLS
- MLS ID: 260004709
- Updated: 3/18/2026
- Added to Site: 15 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
- Level 3 - Full Baths: 1
- Level 2 - Full Baths: 1
- Level 1 - Full Baths: 1
Bedrooms
- Total Bedrooms: 8
- Bedrooms-L3: 2
- Bedrooms-L2: 3
- Bedrooms-L1: 3
Location
- Area: Newark
- County: Essex
- Driving Directions: Parkview to Vassar or Bergen Street to Vassar
Heating & Cooling
- Heating/Cooling: Baseboard, Hot Water, Radiators, Steam
Structural Information
- Architectural Style: Multi-Level
- Exterior Const.: Brick
- Basement Desc.: Finished
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tax Amount: $11,665
- Tax Year: 2025
Disclosures and Reports
- Lead Paint Discl.: Yes
Listed by Alexander Anderson Real Estate Group (201) 343-6640
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Schools
Schools serving 108 Vassar Ave
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
B.R.I.C.K. Peshine Academy 433 Peshine Avenue, Newark, NJ 07112 | K-8 | 0.7 mi |
Belmont-Runyon Elementary School 1 Belmont Runyon Way, Newark, NJ 07108 | K-8 | 1.1 mi |
Cleveland Elementary School 388 Bergen St, Newark, NJ 07103 | K-6 | 2 mi |
Weequahic High School 279 Chancellor Avenue, Newark, NJ 07112 | 9-12 | 0.4 mi |
Malcolm X Shabazz High School 80 Johnson Avenue, Newark, NJ 07108 | 9-12 | 1.4 mi |
Central High School, Newark, NJ 250 18th Avenue, Newark, NJ 07103 | 9-12 | 2 mi |
Camden Street Elementary School 281 Camden Street, Newark, NJ 07103 | PK-8 | 2.3 mi |
Ivy Hill Elementary School 107 Ivy Street, Newark, NJ 07106 | PK-8 | 2.6 mi |
Mount Vernon Elementary School 142 Mount Vernon Place, Newark, NJ 07106 | PK-8 | 2.7 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 Vassar Ave
Date
Details
Price
Change
Source
3/18/2026
Listed
$770,000
—
MLS
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
Tax History for 108 Vassar Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$11,093
2%
$291,700
—
2022
$10,898
—
$291,700
—
2021
$10,892
50%
$291,700
52%
2021
$7,261
1%
$191,700
—
2019
$7,210
2%
$191,700
—
2018
$7,079
4%
$191,700
—
2017
$6,825
4%
$191,700
—
2016
$6,594
4%
$191,700
—
2015
$6,343
12%
$191,700
—
2013
$5,661
—
$191,700
—
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
Estimate the Cost for 108 Vassar Ave
108 Vassar Ave, Newark, NJ 07112 (MLS# 260004709) is a Multi-Family property with units containing 8 bedrooms and 3 full bathrooms. 108 Vassar Ave is currently listed for $770,000 and was received on March 18, 2026. Want to learn more about 108 Vassar Ave? 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.
