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$799,000
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Property Description
Prime 4-unit multifamily investment opportunity with immediate income in place. Three occupied units provide existing cash flow, while the vacant 3-bedroom, 1-bath unit offers value-add potential through lease-up or owner occupancy. Property features a mix of unit layouts to attract a broad tenant base. Excellent opportunity for investors seeking strong rental income and long-term appreciation in a high demand location.
Full Property Details
Full Property Details for 136 Dewey St
General
- Price: $799,000
- Taxes: $11,581 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4039063
- Updated: 7/31/2026
- Added to Site: 46 day(s) ago
Interior
- Number of Rooms: 20
Rooms
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 6
Bedrooms
- Total Bedrooms: 10
Parking
- Garage Description: None
Location
- County: Essex
- Driving Directions: Hobson St. to Dewey St.
Heating & Cooling
- Cooling Type: Window A/C(s)
- Heating Type: Forced Hot Air
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: All Underground
Structural Information
- Architectural Style: 2-Two Story
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Unfinished
- Roof: Asphalt Shingles
- Year Built: 1922
- Remodeled/Updated: 2025
Unit Information
Unit 1
- Unit Description: Bedrooms, Dining Room, Kitchen, Living Room
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Unit Description: Bedrooms, Dining Room, Kitchen, Living Room
- Levels/Stories: 1
- Total Bathrooms: 2
- Bedrooms: 2
Unit 3
- Unit Description: Bedrooms, Dining Room, Kitchen, Living Room
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 4
- Unit Description: Bedrooms, Dining Room, Kitchen, Living Room
- Levels/Stories: 1
- Total Bathrooms: 2
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.19
- Lot Dimensions: 50 x 164
- Driveway/Sidewalk: 1 Car Width
Financial Considerations
- Assessment Amount: $253,200
- Land Assmt: $36,400
- Tax Amount: $11,581
- Tax Year: 2025
Disclosures and Reports
- Block: 3053.02
- Lot Number: 14
Listed by Re/Max Professionals I
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Schools
Schools serving 136 Dewey St
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
George Washington Carver Elementary School 333 Clinton Place, Newark, NJ 07112 | PK-8 | 0.2 mi |
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 | 0.9 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 | 1.3 mi |
Central High School, Newark, NJ 250 18th Avenue, Newark, NJ 07103 | 9-12 | 1.6 mi |
Cleveland Elementary School 388 Bergen St, Newark, NJ 07103 | K-6 | 1.6 mi |
Camden Street Elementary School 281 Camden Street, Newark, NJ 07103 | PK-8 | 1.8 mi |
Ivy Hill Elementary School 107 Ivy Street, Newark, NJ 07106 | PK-8 | 1.9 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 136 Dewey St
Date
Details
Price
Change
Source
7/31/2026
Price Reduced
$799,000
-11.12%
MLS
7/07/2026
Listed
$899,000
—
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 136 Dewey St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$11,581
7%
$289,600
—
2022
$10,819
—
$289,600
—
2021
$10,814
33%
$289,600
—
2021
$8,152
-25%
$289,600
—
2019
$10,892
2%
$289,600
—
2018
$10,695
4%
$289,600
—
2017
$10,310
3%
$289,600
—
2016
$9,962
4%
$289,600
—
2015
$9,583
20%
$289,600
7%
2013
$8,011
—
$271,300
—
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 136 Dewey St
136 Dewey St, Newark, NJ 07112 (MLS# 4039063) is a Multi-Family property with 4 units containing 10 bedrooms and 6 full bathrooms. 136 Dewey St is currently listed for $799,000 and was received on July 07, 2026. Want to learn more about 136 Dewey 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.

