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$789,000 Just Listed
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Property Description
Great opportunity to own a completely renovated three-family property in a convenient Newark location. Each unit features an eat-in kitchen, spacious living room areas, and comfortable bedrooms, making this property an attractive option for tenants.Unit 1: 3 bedrooms, eat-in kitchen, and a living roomUnit 2: 3 bedrooms, eat-in kitchen, living room, and a office Unit 3: 1 bedroom, eat-in kitchen, living room. This property also features a spacious unfinished basement, offering plenty of potential. Perfect for both owner-occupants and investors seeking rental income, it's conveniently located near shops, schools, parks, and public transportation. Situated in a well-established neighborhood, this home offers excellent accessibility and long-term value. Don't miss out schedule your showing today!
Full Property Details
Full Property Details for 164 Parker St
General
- Price: $789,000
- Taxes: $5,407 (2024)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4009430
- Updated: 2/12/2026
- Added to Site: 2 day(s) ago
Interior
- Number of Rooms: 14
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 7
Parking
- Garage Description: None
Location
- County: Essex
- Driving Directions: Bloomfield Ave to Parker Street
Heating & Cooling
- Cooling Type: No Cooling
- Heating Type: Forced Hot Air
- Heating Fuel: Electric, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Natural Gas
Structural Information
- Architectural Style: 3-Three Story
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Unfinished
- Roof: Asphalt Shingles
- Year Built: 1957
- Remodeled/Updated: 2023
Unit Information
Unit 1
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room
- Square Feet: 988
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 2
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room
- Square Feet: 1097
- Levels/Stories: 2
- Total Bathrooms: 1
- Bedrooms: 3
Unit 3
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room
- Square Feet: 600
- Levels/Stories: 3
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.06
- Lot Dimensions: 25 x 100
- Driveway/Sidewalk: On-Street Parking
Financial Considerations
- Operating Expenses: $13,626
- Assessment Amount: $221,900
- Land Assmt: $21,300
- Tax Amount: $5,407
- Tax Year: 2024
Disclosures and Reports
- Exclusions: Not Included: Unit 1, Unit 2, Unit 3 ALL window air-conditioner units
- Disclosures: Yes
- Block: 507
- Lot Number: 12
Listed by Keller Williams Village Square
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Schools
Schools serving 164 Parker St
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
Branch Brook School 228 Ridge Street, Newark, NJ 07104 | PK-4 | 0.2 mi |
Dr. William H. Horton Elementary School 291 North 7th Street, Newark, NJ 07107 | 5-8 | 0.5 mi |
McKinley Elementary School, Newark, NJ 1 Colonnade Place, Newark, NJ 07104 | K-4 | 0.6 mi |
Barringer High School 90 Parker Street, Newark, NJ 07104 | 9-12 | 0.2 mi |
Technology High School 223 Broadway, Newark, NJ 07102 | 9-12 | 0.5 mi |
West Side High School 403 South Orange Avenue, Newark, NJ 07103 | 9-12 | 1.7 mi |
First Avenue Elementary School 214 1st Avenue, Newark, NJ 07107 | 5-8 | 0.6 mi |
Dr. E. Alma Flagg Elementary School 150 Third St, Newark, NJ 07104 | K-4 | 0.6 mi |
Rafael Hernandez Elementary School 345 Broadway, Newark, NJ 07104 | PK-4 | 0.7 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 164 Parker St
Date
Details
Price
Change
Source
2/12/2026
Listed
$789,000
1877.44%
MLS
5/25/2010
Sold
$39,900
—
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 164 Parker St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,408
2%
$243,200
71%
2022
$5,313
—
$142,200
—
2021
$5,310
33%
$142,200
—
2021
$4,003
-24%
$142,200
—
2018
$5,251
-2%
$142,200
—
2019
$5,348
6%
$142,200
—
2017
$5,062
3%
$142,200
—
2016
$4,892
4%
$142,200
—
2015
$4,705
12%
$142,200
—
2013
$4,199
—
$142,200
—
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 164 Parker St
164 Parker St, Newark, NJ 07104 (MLS# 4009430) is a Multi-Family property with 3 units containing 7 bedrooms and 3 full bathrooms. 164 Parker St is currently listed for $789,000 and was received on February 12, 2026. Want to learn more about 164 Parker 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.

