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$795,000 Just Listed
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Property Description
Welcome to 114 Peck Avenue, a fantastic opportunity to own a legal 3-family property with immediate income potential and long-term value. Perfect for both investors and owner-occupants, this property features three spacious 3-bedroom units designed for strong rental appeal.Two units are occupied by excellent long-term tenants, providing reliable rental income from day one, while the vacant third unit offers the flexibility for owner occupancy or the opportunity to lease at current market rents and maximize cash flow.The full basement offers ample space and endless possibilities for storage, a workshop, recreation area, or future improvements. Bring your imagination and unlock the property's full potential.Conveniently located near schools, shopping, public transportation, and major highways, this well-maintained multi-family home is an excellent addition to any investment portfolio or the perfect place to call home while generating rental income.Don't miss this rare chance to own a legal 3-family with strong income, future upside, and endless possibilities. Schedule your private showing today!
Full Property Details
Full Property Details for 114 Peck Ave
General
- Price: $795,000
- Taxes: $11,865 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4040708
- Updated: 7/18/2026
- Added to Site: 3 day(s) ago
Interior
- Number of Rooms: 15
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 9
Location
- County: Essex
- Driving Directions: Between north 10th street and North 11th
Heating & Cooling
- Cooling Type: 3 Units, Central Air Conditioning
- Heating Type: Forced Hot Air
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Natural Gas
Structural Information
- Architectural Style: 3-Three Story
- Exterior Const.: See Remarks
- Basement: Yes
- Basement Desc.: French Drain, Full, Unfinished, Walk-Out
- Roof: Flat, Rubberized
- Year Built: 1925
Unit Information
Unit 1
- Unit Description: Bedrooms, Dining Room, Eat-In Kitchen, Kitchen, Living Room
- Square Feet: 980
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 2
- Unit Description: Bedrooms, Dining Room, Eat-In Kitchen, Kitchen, Living Room
- Square Feet: 980
- Levels/Stories: 2
- Total Bathrooms: 1
- Bedrooms: 3
Unit 3
- Unit Description: Bedrooms, Eat-In Kitchen, Living/Dining Room
- Square Feet: 800
- Levels/Stories: 3
- Total Bathrooms: 1
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.09
- Lot Dimensions: 37.6 x 100
- Driveway/Sidewalk: 1 Car Width, Driveway-Shared
Financial Considerations
- Assessment Amount: $248,700
- Land Assmt: $48,000
- Tax Amount: $11,865
- Tax Year: 2025
Disclosures and Reports
- Disclosures: Yes
- Block: 1965
- Lot Number: 5
Listed by Weichert Realtors
Get Pre-Approved Today
Schools
Schools serving 114 Peck Ave
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
First Avenue Elementary School 214 1st Avenue, Newark, NJ 07107 | 5-8 | 0.2 mi |
Rafael Hernandez Elementary School 345 Broadway, Newark, NJ 07104 | PK-4 | 1.1 mi |
Thirteenth Avenue Elementary School 359 13th Avenue, Newark, NJ 07103 | 5-8 | 1.9 mi |
Barringer High School 90 Parker Street, Newark, NJ 07104 | 9-12 | 1 mi |
Technology High School 223 Broadway, Newark, NJ 07102 | 9-12 | 1.1 mi |
West Side High School 403 South Orange Avenue, Newark, NJ 07103 | 9-12 | 2 mi |
Speedway Academies 701 South Orange Avenue, Newark, NJ 07106 | PK-8 | 2.2 mi |
Camden Street Elementary School 281 Camden Street, Newark, NJ 07103 | PK-8 | 2.3 mi |
Cleveland Elementary School 388 Bergen St, Newark, NJ 07103 | K-6 | 2.6 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 Peck Ave
Date
Details
Price
Change
Source
7/18/2026
Listed
$795,000
189.09%
MLS
7/16/2008
Sold
$275,000
—
Public Record
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 114 Peck Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$11,865
7%
$296,700
—
2022
$11,085
—
$296,700
—
2021
$11,079
33%
$296,700
—
2021
$8,352
-24%
$296,700
—
2018
$10,957
4%
$296,700
—
2017
$10,563
3%
$296,700
—
2016
$10,206
4%
$296,700
—
2015
$9,818
-12%
$296,700
—
2019
$11,159
27%
$296,700
—
2013
$8,762
—
$296,700
—
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 114 Peck Ave
114 Peck Ave, Newark, NJ 07107 (MLS# 4040708) is a Multi-Family property with 3 units containing 9 bedrooms and 3 full bathrooms. 114 Peck Ave is currently listed for $795,000 and was received on July 18, 2026. Want to learn more about 114 Peck 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.

