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$699,999
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Property Description
Renovated and rented Legal 3 family with partial finished basement.Basement has possible extra bedroom and living space plus full bath. Located in Desirable North Newark. Minutes to highway and transportation. Open concept throughout homes and huge bedrooms, Owner willing to give notice to tenants. Currently generating $5400 in rental income qualifies for 5.9% interest and no PMI. Live in basement for free!!
Full Property Details
Full Property Details for 187 2nd St
General
- Price: $699,999
- Taxes: $10,001 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4053820
- Updated: 9/20/2026
- Added to Site: 16 day(s) ago
Interior
- Number of Rooms: 11
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 7
Location
- County: Essex
- Driving Directions: Park ave to 2nd st
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: 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.: Finished-Partially
- Roof: Asphalt Shingles
- Year Built: 2020
Unit Information
Unit 1
- Unit Description: Bedrooms, Eat-In Kitchen, Living/Dining Room
- Square Feet: 1100
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 2
- Unit Description: Bedrooms, Eat-In Kitchen, Living/Dining Room
- Square Feet: 1100
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 3
- Unit Description: Bedrooms, Kitchen, Living Room
- Square Feet: 700
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 4
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.06
- Lot Dimensions: 25 x 102
- Driveway/Sidewalk: On-Street Parking
Financial Considerations
- Assessment Amount: $231,300
- Land Assmt: $18,800
- Tax Amount: $10,001
- Tax Year: 2025
Disclosures and Reports
- Disclosures: Yes
- Block: 1912
- Lot Number: 11
Listed by Conley Realty
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Schools
Schools serving 187 2nd St
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
Dr. E. Alma Flagg Elementary School 150 Third St, Newark, NJ 07104 | K-4 | 0.1 mi |
Thirteenth Avenue Elementary School 359 13th Avenue, Newark, NJ 07103 | 5-8 | 0.9 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 | 1.1 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 | 1.5 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 187 2nd St
Date
Details
Price
Change
Source
9/20/2026
Listed
$699,999
2.19%
MLS
8/04/2025
Sold
$685,000
—
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 187 2nd St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,002
7%
$250,100
—
2023
$9,324
—
$250,100
—
2022
$9,344
133%
$250,100
132%
2021
$4,016
33%
$107,600
—
2021
$3,027
-25%
$107,600
—
2019
$4,047
2%
$107,600
—
2018
$3,974
4%
$107,600
—
2017
$3,831
4%
$107,600
—
2016
$3,701
4%
$107,600
—
2015
$3,560
12%
$107,600
—
2013
$3,177
—
$107,600
—
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 187 2nd St
187 2nd St, Newark, NJ 07107 (MLS# 4053820) is a Multi-Family property with 3 units containing 7 bedrooms and 4 full bathrooms. 187 2nd St is currently listed for $699,999 and was received on September 20, 2026. Want to learn more about 187 2nd 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.

