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$750,000
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Property Description
Prime 3-family property in Newark, NJ offering a strong opportunity for investors or owner-occupants. Conveniently located near public transportation, major commuter routes, shopping, dining, and local amenities with easy access to NYC. Excellent location with solid income potential.
Full Property Details
Full Property Details for 151 Vermont Ave
General
- Price: $750,000
- Taxes: $5,300 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4002549
- Updated: 12/23/2025
- Added to Site: 24 day(s) ago
Interior
- Number of Rooms: 12
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 9
Location
- County: Essex
- Driving Directions: Turn right on South 15th Street and get on Vermont Avenue.
Heating & Cooling
- Cooling Type: 3 Units, See Remarks, Wall A/C Unit(s)
- Heating Type: 3 Units, 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.: Aluminum Siding
- Basement: Yes
- Basement Desc.: Unfinished
- Roof: Asphalt Shingles
- Year Built: 1930
- Remodeled/Updated: 2025
Unit Information
Unit 1
- Unit Description: Bedrooms, Kitchen, See Remarks
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 2
- Unit Description: Bedrooms, Kitchen, See Remarks
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 3
- Unit Description: Bedrooms, Kitchen, See Remarks
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.09
- Lot Dimensions: 37.6 x 100
- Driveway/Sidewalk: 1 Car Width, Driveway-Exclusive
Financial Considerations
- Assessment Amount: $117,400
- Land Assmt: $17,800
- Tax Amount: $5,300
- Tax Year: 2025
Disclosures and Reports
- Block: 4041
- Lot Number: 71
Listed by Re/Max Professionals I
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Schools
Schools serving 151 Vermont Ave
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
Speedway Academies 701 South Orange Avenue, Newark, NJ 07106 | PK-8 | 0.5 mi |
Lincoln Elementary School, Newark, NJ 87 Richelieu Terrace, Newark, NJ 07106 | K-8 | 0.7 mi |
Ivy Hill Elementary School 107 Ivy Street, Newark, NJ 07106 | PK-8 | 0.8 mi |
West Side High School 403 South Orange Avenue, Newark, NJ 07103 | 9-12 | 1 mi |
Central High School, Newark, NJ 250 18th Avenue, Newark, NJ 07103 | 9-12 | 1.7 mi |
Malcolm X Shabazz High School 80 Johnson Avenue, Newark, NJ 07108 | 9-12 | 2.1 mi |
Mount Vernon Elementary School 142 Mount Vernon Place, Newark, NJ 07106 | PK-8 | 1.2 mi |
Thirteenth Avenue Elementary School 359 13th Avenue, Newark, NJ 07103 | 5-8 | 1.3 mi |
Camden Street Elementary School 281 Camden Street, Newark, NJ 07103 | PK-8 | 1.4 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 151 Vermont Ave
Date
Details
Price
Change
Source
12/23/2025
Listed
$750,000
1775%
MLS
3/19/2015
Sold
$40,000
—
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 151 Vermont Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,142
2%
$135,200
—
2022
$5,051
—
$135,200
—
2021
$5,048
33%
$135,200
—
2021
$3,806
-25%
$135,200
—
2019
$5,085
2%
$135,200
—
2018
$4,993
4%
$135,200
—
2017
$4,813
3%
$135,200
—
2016
$4,651
4%
$135,200
—
2015
$4,474
12%
$135,200
—
2013
$3,992
—
$135,200
—
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 151 Vermont Ave
151 Vermont Ave, Newark, NJ 07106 (MLS# 4002549) is a Multi-Family property with 3 units containing 9 bedrooms and 3 full bathrooms. 151 Vermont Ave is currently listed for $750,000 and was received on December 23, 2025. Want to learn more about 151 Vermont 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.

