This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
$775,000 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property Description
Great Opportunity to own this legal three family property in a convenient North Newark location .Each unit features an eat in kitchen, spacious living rooms and comfortable bedrooms, making this property an attractive option for tenants. Unit 1. 3bedrooms, eating kitchen, living room. Unit 2-3 bedrooms, eating kitchen, living room, Unit3-eating kitchen, living room , 1 bedroom. Full finished basement, this property offering plenty of potential, perfect as owner occupied or as an investors seeking rental income. Property is located near The branch Brook Park and convenient stores.
Full Property Details
Full Property Details for 150 Elwood Ave
General
- Price: $775,000
- Taxes: $6,870 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4056338
- Updated: 10/2/2026
- Added to Site: 5 day(s) ago
Interior
- Number of Rooms: 14
- Interior Features: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 7
Location
- County: Essex
- Driving Directions: Mount Prospect Ave to Elwood Ave or GPS
School Information
- Elementary School: ELLIOT
- Middle School: L M MARIN
Heating & Cooling
- Cooling Type: Wall A/C Unit(s)
- Heating Type: 2 Units, Baseboard - Hotwater
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Natural Gas
Structural Information
- Architectural Style: 3-Three Story
- Exterior Const.: Aluminum Siding
- Basement: Yes
- Basement Desc.: Finished, Full
- Roof: Asphalt Shingles
- Year Built: 1891
Unit Information
Unit 1
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room
- Square Feet: 9999
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 2
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room
- Square Feet: 9999
- Levels/Stories: 2
- Total Bathrooms: 1
- Bedrooms: 3
Unit 3
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room
- Square Feet: 9999
- Levels/Stories: 3
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.06
- Lot Dimensions: 24.9 x 100 R2 5.4
- Driveway/Sidewalk: On-Street Parking
Financial Considerations
- Operating Expenses: $9,999
- Assessment Amount: $144,800
- Land Assmt: $27,000
- Tax Amount: $6,870
- Tax Year: 2025
Disclosures and Reports
- Disclosures: Yes
- Block: 718
- Lot Number: 5
Listed by 3Sixty Realty Llc
Get Pre-Approved Today
Schools
Schools serving 150 Elwood Ave
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 | 0.3 mi |
Ridge Street Elementary School 735 Ridge Street, Newark, NJ 07104 | 5-8 | 0.4 mi |
Technology High School 223 Broadway, Newark, NJ 07102 | 9-12 | 1.1 mi |
Barringer High School 90 Parker Street, Newark, NJ 07104 | 9-12 | 1.4 mi |
West Side High School 403 South Orange Avenue, Newark, NJ 07103 | 9-12 | 2.9 mi |
New Park School 120 Manchester Place, Newark, NJ 07104 | 5-8 | 0.8 mi |
Rafael Hernandez Elementary School 345 Broadway, Newark, NJ 07104 | PK-4 | 0.8 mi |
Abington Ave. Elementary School 209 Abington Avenue, Newark, NJ 07107 | PK-8 | 0.9 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 150 Elwood Ave
Date
Details
Price
Change
Source
10/01/2026
Listed
$775,000
154.1%
MLS
12/23/2016
Sold
$305,000
—
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 150 Elwood Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,870
7%
$171,800
—
2022
$6,418
—
$171,800
—
2021
$6,415
33%
$171,800
—
2021
$4,836
-24%
$171,800
—
2018
$6,345
-2%
$171,800
—
2019
$6,461
6%
$171,800
—
2017
$6,116
3%
$171,800
—
2016
$5,910
4%
$171,800
—
2015
$5,685
12%
$171,800
—
2013
$5,073
—
$171,800
—
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 150 Elwood Ave
150 Elwood Ave, Newark, NJ 07104 (MLS# 4056338) is a Multi-Family property with 3 units containing 7 bedrooms and 4 full bathrooms. 150 Elwood Ave is currently listed for $775,000 and was received on October 01, 2026. Want to learn more about 150 Elwood 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.

