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$550,000
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Property Description
Newly updated multifamily situated on a spacious 25x114 lot with a generous backyard in the heart of Newark, NJ. Perfect for the savvy investor seeking immediate cash flow or an owner-occupant looking to live in one unit while generating rental income from the other. Unit 1 is vacant and move-in ready, ideal for an owner-occupant or to immediately place a tenant for rental income. Unit 2 is currently tenant occupied, providing cash flow from day one. Strategically located just off Route 280 with seamless access to major highways and NJ Transit for a short commute to NYC. Minutes from Payne Tech High School and close proximity to shopping, dining, and local amenities. Whether you are house hacking, building your portfolio, or seeking turnkey cash flow, this property checks every box. Opportunities like this don't last. Schedule your showing today.
Full Property Details
Full Property Details for 173 3rd St
General
- Price: $550,000
- Taxes: $7,538
- Status: Active
- Type: Duplex
- Source: NJMLS
- MLS ID: 26027430
- Updated: 9/4/2026
- Added to Site: 46 day(s) ago
Interior
- Number of Rooms: 11
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: None
Additional Information
- Other Features: Other
Location
- Area: Newark
- County: ESSEX
Utilities
- Utility Description: Sep Elec, Sep Gas, Sep Heat
Structural Information
- Architectural Style: 2 Family
- Description/Design: Other
Financial Considerations
- For Sale: Yes
- For Sale/Rent/Lease: For Sale
- Tax Amount: $7,538
Listed by RE/MAX Professionals 1 (973) 450-4000, Alain Beade (973) 450-4000
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Schools
Schools serving 173 3rd St
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
Dr. E. Alma Flagg Elementary School 150 Third St, Newark, NJ 07104 | K-4 | 0 mi |
Thirteenth Avenue Elementary School 359 13th Avenue, Newark, NJ 07103 | 5-8 | 1 mi |
First Avenue Elementary School 214 1st Avenue, Newark, NJ 07107 | 5-8 | 1 mi |
Barringer High School 90 Parker Street, Newark, NJ 07104 | 9-12 | 0.4 mi |
Technology High School 223 Broadway, Newark, NJ 07102 | 9-12 | 1 mi |
West Side High School 403 South Orange Avenue, Newark, NJ 07103 | 9-12 | 1.2 mi |
Rafael Hernandez Elementary School 345 Broadway, Newark, NJ 07104 | PK-4 | 1.2 mi |
Camden Street Elementary School 281 Camden Street, Newark, NJ 07103 | PK-8 | 1.3 mi |
Cleveland Elementary School 388 Bergen St, Newark, NJ 07103 | K-6 | 1.6 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 173 3rd St
Date
Details
Price
Change
Source
7/21/2026
Listed
$550,000
—
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 173 3rd St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,538
7%
$188,500
—
2023
$7,027
—
$188,500
—
2022
$7,042
—
$188,500
—
2021
$7,037
33%
$188,500
—
2021
$5,306
1%
$188,500
35%
2019
$5,262
2%
$139,900
—
2018
$5,167
4%
$139,900
—
2017
$4,980
3%
$139,900
—
2016
$4,813
4%
$139,900
—
2015
$4,629
7%
$139,900
—
2014
$4,338
—
$139,900
—
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 173 3rd St
173 3rd Street, Newark, NJ 07107 (MLS# 26027430) is a Duplex property with 4 bedrooms and 3 full bathrooms. 173 3rd Street is currently listed for $550,000 and was received on July 21, 2026. Want to learn more about 173 3rd Street? Do you have questions about finding other Duplex real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.

