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$649,900

  • For Sale
  • Active
  • Multi-Family
  • 6 Total Beds
  • 1 Car Garage
  • Updated 9 days ago
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Welcome to 197 5th Street! This spacious two-family home offers an excellent opportunity for both owner-occupants and investors. Each unit features three bedrooms, comfortable living space and an eat-in kitchen. One unit offers wood flooring, while the other features luxury vinyl and carpet . The property also includes an attached garage, private driveway and backyard. valuable features for city living. Conveniently located near shopping, schools, public transportation and major highways, with easy access to downtown Newark and New York City. Don't miss the opportunity to own this versatile six-bedroom, two family Property!!

Full Property Details for 197 N 5th St

General

  • Price: $649,900
  • Taxes: $7,186 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: Garden_State
  • MLS ID: 4054183
  • Updated: 9/26/2026
  • Added to Site: 10 day(s) ago

Interior

  • Number of Rooms: 11

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 6

Exterior

  • Exterior Features: Patio

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Garage Description: Attached Garage

Location

  • County: Essex
  • Driving Directions: google

School Information

  • Elementary School: E A FLAGG
  • Middle School: E A FLAGG
  • High School: BARRINGER

Heating & Cooling

  • Cooling Type: 2 Units, Central Air Conditioning
  • Heating Type: 2 Units
  • Heating Fuel: Natural Gas
  • Water Heater: Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water
  • Utility Description: Gas In Street

Structural Information

  • Architectural Style: 2-Two Story, Under/Over
  • Exterior Const.: Brick, Vinyl Siding
  • Roof: Asphalt Shingles
  • Year Built: 2001

Unit Information

Unit 1

  • Unit Description: Kitchen, Living/Dining Room
  • Levels/Stories: 1
  • Total Bathrooms: 1
  • Bedrooms: 3

Unit 2

  • Unit Description: Dining Room, Kitchen, Laundry Room, Living Room
  • Levels/Stories: 1
  • Total Bathrooms: 2
  • Bedrooms: 3

Lot Features

  • Lot Size (Acres): 0.06
  • Lot Dimensions: 24 x 100
  • Driveway/Sidewalk: 1 Car Width, Concrete, Driveway-Exclusive

Financial Considerations

  • Assessment Amount: $161,200
  • Land Assmt: $18,500
  • Tax Amount: $7,186
  • Tax Year: 2025

Disclosures and Reports

  • Disclosures: Yes
  • Block: 1915
  • Lot Number: 65

Listed by Epique Realty

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Listing agent

— 197 N 5th St —

  • Epique Realty

973-204-2626

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 197 N 5th St

School District:Newark City School District
NameGradesDistance
Dr. E. Alma Flagg Elementary School
150 Third St, Newark, NJ 07104
K-40.1 mi
First Avenue Elementary School
214 1st Avenue, Newark, NJ 07107
5-80.9 mi
Thirteenth Avenue Elementary School
359 13th Avenue, Newark, NJ 07103
5-81 mi
Barringer High School
90 Parker Street, Newark, NJ 07104
9-120.4 mi
Technology High School
223 Broadway, Newark, NJ 07102
9-121 mi
West Side High School
403 South Orange Avenue, Newark, NJ 07103
9-121.2 mi
Rafael Hernandez Elementary School
345 Broadway, Newark, NJ 07104
PK-41.2 mi
Camden Street Elementary School
281 Camden Street, Newark, NJ 07103
PK-81.4 mi
Speedway Academies
701 South Orange Avenue, Newark, NJ 07106
PK-81.6 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 197 N 5th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/26/2026
Listed
$649,900
185.04%
MLS
10/19/2017
Sold
$228,000
—
Public Record
Get Price Alerts and Save Property
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 for 197 N 5th St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,186
7%
$179,700
—
2022
$6,714
—
$179,700
—
2021
$6,710
33%
$179,700
—
2021
$5,059
-25%
$179,700
—
2019
$6,759
2%
$179,700
—
2018
$6,636
4%
$179,700
—
2017
$6,397
3%
$179,700
—
2016
$6,182
4%
$179,700
—
2015
$5,946
12%
$179,700
—
2013
$5,307
—
$179,700
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Epique Realty

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197 N 5th St, Newark, NJ 07107 (MLS# 4054183) is a Multi-Family property with 2 units containing 6 bedrooms and 3 full bathrooms. 197 N 5th St is currently listed for $649,900 and was received on September 26, 2026. Want to learn more about 197 N 5th 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.

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