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$899,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 11 Total Beds
  • Updated 2 days ago
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Great opportunity to own a spacious 3 family property in Newark! This property features 17 rooms, including 11 bedrooms and 3 full bathrooms. Each level offers its own living room, providing comfortable and flexible living arrangements. Conveniently located directly across from KIPP SPARK Academy and KIPP Justice Academy, and near Orange Street Station, public transportation, schools, shopping, and local amenities. A great opportunity for investors or owner-occupants looking for space and convenience.

Full Property Details for 114-116 2nd St

General

  • Price: $899,000
  • Taxes: $10,913 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: Garden_State
  • MLS ID: 4056631
  • Updated: 10/10/2026
  • Added to Site: 2 day(s) ago

Interior

  • Number of Rooms: 17

Rooms

Bathrooms

  • Total Bathrooms: 6
  • Full Bathrooms: 6

Bedrooms

  • Total Bedrooms: 11

Location

  • County: Essex
  • Driving Directions: Between Second Street and Sussex Ave

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Multi-Zone
  • Heating Fuel: Natural Gas

Utilities

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

Structural Information

  • Architectural Style: 3-Three Story
  • Exterior Const.: Aluminum Siding
  • Roof: Asphalt Shingles
  • Square Feet: 4,000
  • Year Built: 9999

Unit Information

Unit 1

  • Unit Description: Bedrooms, Eat-In Kitchen, Living Room
  • Levels/Stories: 1
  • Total Bathrooms: 2
  • Bedrooms: 3

Unit 2

  • Unit Description: Bedrooms, Eat-In Kitchen, Living Room
  • Levels/Stories: 2
  • Total Bathrooms: 2
  • Bedrooms: 4

Unit 3

  • Unit Description: Bedrooms, Eat-In Kitchen, Living Room
  • Levels/Stories: 3
  • Total Bathrooms: 2
  • Bedrooms: 4

Lot Features

  • Lot Size (Acres): 0.08
  • Lot Dimensions: 3380 SF
  • Driveway/Sidewalk: 1 Car Width

Financial Considerations

  • Assessment Amount: $243,500
  • Land Assmt: $29,400
  • Tax Amount: $10,913
  • Tax Year: 2025

Disclosures and Reports

  • Block: 1884
  • Lot Number: 29

Listed by Lim Bances Realty

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Listing agent

— 114-116 2nd St —

  • Lim Bances Realty

973-232-5187

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 114-116 2nd St

School District:Newark City School District
NameGradesDistance
Roberto Clemente Elementary School
257 Summer Avenue, Newark, NJ 07104
K-40.2 mi
Rafael Hernandez Elementary School
345 Broadway, Newark, NJ 07104
PK-40.4 mi
First Avenue Elementary School
214 1st Avenue, Newark, NJ 07107
5-80.6 mi
Technology High School
223 Broadway, Newark, NJ 07102
9-120.4 mi
Barringer High School
90 Parker Street, Newark, NJ 07104
9-120.6 mi
West Side High School
403 South Orange Avenue, Newark, NJ 07103
9-122.1 mi
Dr. William H. Horton Elementary School
291 North 7th Street, Newark, NJ 07107
5-80.7 mi
Abington Ave. Elementary School
209 Abington Avenue, Newark, NJ 07107
PK-80.7 mi
McKinley Elementary School, Newark, NJ
1 Colonnade Place, Newark, NJ 07104
K-40.9 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 114-116 2nd St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/10/2026
Listed
$899,000
176.62%
MLS
8/11/2009
Sold
$325,000
—
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 114-116 2nd St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,342
7%
$208,600
—
2022
$7,793
—
$208,600
—
2021
$7,789
33%
$208,600
—
2021
$5,872
-24%
$208,600
—
2018
$7,704
4%
$208,600
—
2017
$7,426
3%
$208,600
—
2016
$7,176
4%
$208,600
—
2015
$6,903
-12%
$208,600
—
2019
$7,845
27%
$208,600
—
2013
$6,160
—
$208,600
—
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 114-116 2nd St

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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 Lim Bances Realty

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114-116 2nd St, Newark, NJ 07107 (MLS# 4056631) is a Multi-Family property with 3 units containing 11 bedrooms and 6 full bathrooms. 114-116 2nd St is currently listed for $899,000 and was received on October 10, 2026. Want to learn more about 114-116 2nd St? 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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