163 Dewey St, Newark, NJ 07112 - Photo 1

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$850,000

For Sale
Active
Multi-Family
7 Total Beds
3 Car Garage
Updated 1 day ago

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Property Description

Discover an exceptional opportunity to own a spacious, renovated 3-family corner lot home. This impressive multi-family property offers generous living space throughout, making it an excellent choice for investors or owner-occupants seeking both comfort and income potential. The first-floor unit welcomes you with a large, inviting foyer, while the second-floor unit features two full bathrooms and a private balcony?adding extra convenience and outdoor living space. A rare 3-car garage provides ample parking and additional value, while the home?s substantial size and versatile layout offer plenty of possibilities. With its renovations, corner location, and multi-family setup, this property is a standout opportunity in Newark and one you won?t want to miss! Property is being sold strictly AS-IS. Buyer is responsible for obtaining all required certificates, inspections, and permits necessary for closing.

Full Property Details

Full Property Details for 163 Dewey St

General

Price: $850,000
Taxes: $12,656 (2025)
Status: Active
Type: Multi-Family
Source: Garden_State
MLS ID: 4047022
Updated: 8/14/2026
Added to Site: 9 day(s) ago

Interior

Number of Rooms: 20
Interior Features: See Remarks

Rooms

Bathrooms

Total Bathrooms: 4
Full Bathrooms: 4

Bedrooms

Total Bedrooms: 7

Exterior

Exterior Features: See Remarks

Parking

Garage: Yes
Garage Spaces: 3
Garage Description: Garage Parking

Location

County: Essex
Driving Directions: 78 to Lyons to Dewey St

Heating & Cooling

Cooling Type: No Cooling
Heating Type: 3 Units
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.: Unfinished
Roof: See Remarks
Year Built: 1928
Remodeled/Updated: 2026

Unit Information

Unit 1

Unit Description: Bedrooms, Kitchen, Living Room, See Remarks
Square Feet: 9999
Levels/Stories: 1
Total Bathrooms: 1
Bedrooms: 3

Unit 2

Unit Description: Bedrooms, Kitchen, Living Room, Porch, Sunroom
Square Feet: 9999
Levels/Stories: 2
Handicap: Yes
Total Bathrooms: 2
Bedrooms: 3

Unit 3

Unit Description: Bedrooms, Kitchen, Living Room
Square Feet: 9999
Levels/Stories: 3
Total Bathrooms: 1
Bedrooms: 1

Lot Features

Lot Size (Acres): 0.08
Lot Dimensions: 32.3 x 103
Driveway/Sidewalk: Off-Street Parking
Lot Description: Corner

Financial Considerations

Operating Expenses: $9,999
Assessment Amount: $288,500
Land Assmt: $28,000
Tax Amount: $12,656
Tax Year: 2025

Disclosures and Reports

Disclosures: Yes
Block: 3061
Lot Number: 41

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— 163 Dewey St —

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Schools

Schools serving 163 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	0.8 mi
Belmont-Runyon Elementary School 1 Belmont Runyon Way, Newark, NJ 07108	K-8	1 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	1.4 mi
Central High School, Newark, NJ 250 18th Avenue, Newark, NJ 07103	9-12	1.7 mi
Cleveland Elementary School 388 Bergen St, Newark, NJ 07103	K-6	1.7 mi
Camden Street Elementary School 281 Camden Street, Newark, NJ 07103	PK-8	1.9 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 163 Dewey St Get Price Alerts and Save Property

Date

Details

Price

Change

Source

8/14/2026

Listed

$850,000

146.38%

MLS

8/25/2015

Sold

$345,000

—

Public Record

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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 163 Dewey St

Year

Property Taxes

Change

Tax Assessment

Change

2025

$12,657

$316,500

—

2023

$11,799

62%

$316,500

—

2022

$7,304

—

$316,500

62%

2021

$7,300

33%

$195,500

—

2021

$5,503

-25%

$195,500

—

2019

$7,353

$195,500

—

2018

$7,220

$195,500

—

2017

$6,960

$195,500

—

2016

$6,725

$195,500

—

2015

$6,469

$195,500

—

2014

$6,062

—

$195,500

—

View All

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 163 Dewey St

163 Dewey St, Newark, NJ 07112 (MLS# 4047022) is a Multi-Family property with 3 units containing 7 bedrooms and 4 full bathrooms. 163 Dewey St is currently listed for $850,000 and was received on August 14, 2026. Want to learn more about 163 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.

Tour this property

163 Dewey St Newark, NJ 07112

Full Property Details for 163 Dewey St

General

Interior

Rooms

Bathrooms

Bedrooms

Exterior

Parking

Location

Heating & Cooling

Utilities

Structural Information

Unit Information

Unit 1

Unit 2

Unit 3

Lot Features

Financial Considerations

Disclosures and Reports

Quickly Find Out More

Quickly Find Out More

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Schools serving 163 Dewey St

Price & Sales History for 163 Dewey St Get Price Alerts and Save Property

Tax History for 163 Dewey St

Estimate the Cost for 163 Dewey St

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