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$765,000
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Property Description
Exceptional new construction two-family home completed in 2022, ideally located in Newark's North Ward, just off Broadway and between Chester & Delevan Avenues, near the Belleville border. Although currently fully occupied, this property is a true ground-up build, not a renovation.Unit 1 offers a spacious, modern layout spanning the second floor, featuring a bright open-concept living and dining area, contemporary kitchen with stainless steel appliances, two well-sized bedrooms, and a full bath. In addition to the main living area, Unit 1 benefits from access to a fully finished walkout lower level, providing valuable additional finished space that includes a laundry area, half bath, and direct exterior access.This level is complemented by an exceptionally upgraded built-in garage, rarely seen finished with vinyl flooring, clean walls, and excellent lighting offering a highly versatile extension of the home suitable for storage, workspace, or other permitted uses.Unit 2, located on the third floor, mirrors the modern finishes found throughout the home and features an open-concept layout, stainless steel kitchen appliances, two generously sized bedrooms, a full bath, ample closet space, and pull-down attic storage.
Full Property Details
Full Property Details for 118 Oraton St
General
- Price: $765,000
- Taxes: $11,808 (2024)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4002091
- Updated: 12/18/2025
- Added to Site: 29 day(s) ago
Interior
- Number of Rooms: 11
- Interior Features: Carbon Monoxide Detector, See Remarks, Smoke Detector, Tile Floors, Wood Floors
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Exterior
- Exterior Features: See Remarks
- Color: Red & Blue
Parking
- Garage: Yes
- Garage Spaces: 1
- Garage Description: Built-In Garage, Garage Door Opener, Garage Parking
Location
- County: Essex
- Subdivision: North Ward
- Driving Directions: Between Chester Ave & Delevan Ave. See GPS
School Information
- Elementary School: L M MARIN
- Middle School: L M MARIN
- High School: TECHNOLOGY
Heating & Cooling
- Cooling Type: 2 Units, Central Air Conditioning
- Heating Type: 2 Units, Forced Hot Air
- Heating Fuel: Natural Gas
- Water Heater: Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Natural Gas
Structural Information
- Architectural Style: 3-Three Story, See Remarks
- Exterior Const.: Brick, Vinyl Siding
- Basement: Yes
- Basement Desc.: Finished, Walk-Out
- Roof: Asphalt Shingles
- Year Built: 2022
Unit Information
Unit 1
- Unit Description: Bedrooms, Kitchen, Laundry Room, Living/Dining Room, Rec Room, Storage
- Square Feet: 9999
- Levels/Stories: 2
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Unit Description: Attic, Bedrooms, Kitchen, Living/Dining Room, Rec Room, See Remarks
- Square Feet: 9999
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.03
- Lot Dimensions: 24.6 x 50
- Driveway/Sidewalk: See Remarks
Financial Considerations
- Operating Expenses: $9,999
- Assessment Amount: $298,900
- Land Assmt: $11,600
- Tax Amount: $11,808
- Tax Year: 2024
Disclosures and Reports
- Exclusions: Tenants Personal Belongings
- Disclosures: Yes
- Block: 678
- Lot Number: 81
Listed by Identity Properties
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Schools
Schools serving 118 Oraton St
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
Luis Munoz Marin Ele 663 Broadway, Newark, NJ 07104 | PK-4 | 0.2 mi |
Elliott Street Elementary School 721 Summer Avenue, Newark, NJ 07104 | K-4 | 0.4 mi |
Rafael Hernandez Elementary School 345 Broadway, Newark, NJ 07104 | PK-4 | 0.6 mi |
Ridge Street Elementary School 735 Ridge Street, Newark, NJ 07104 | 5-8 | 0.7 mi |
Roberto Clemente Elementary School 257 Summer Avenue, Newark, NJ 07104 | K-4 | 0.8 mi |
New Park School 120 Manchester Place, Newark, NJ 07104 | 5-8 | 1.1 mi |
First Avenue Elementary School 214 1st Avenue, Newark, NJ 07107 | 5-8 | 1.1 mi |
Franklin Elementary School, Newark, NJ 42 Park Avenue, Newark, NJ 07104 | PK-4 | 1.2 mi |
Dr. William H. Horton Elementary School 291 North 7th Street, Newark, NJ 07107 | 5-8 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 118 Oraton St
Date
Details
Price
Change
Source
12/18/2025
Listed
$765,000
6.99%
MLS
8/22/2025
Sold
$715,000
—
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 118 Oraton St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$11,808
2633%
$310,500
—
2023
$432
—
$310,500
2577%
2022
$433
—
$11,600
—
2021
$433
32%
$11,600
—
2021
$327
-24%
$11,600
—
2018
$428
-2%
$11,600
—
2019
$436
9%
$11,600
—
2016
$399
4%
$11,600
—
2015
$384
12%
$11,600
—
2013
$343
—
$11,600
—
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
Estimate the Cost for 118 Oraton St
118 Oraton St, Newark, NJ 07104 (MLS# 4002091) is a Multi-Family property with 2 units containing 4 bedrooms, 2 full bathrooms and 1 partial bathroom. 118 Oraton St is currently listed for $765,000 and was received on December 18, 2025. Want to learn more about 118 Oraton 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.

