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$850,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 8 Total Beds
  • 4 Car Garage
  • Updated 10 hours ago
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Positioned in Newark?s highly desirable Ivy Hill neighborhood, just steps from Seton Hall University, this 4-family property, with 8 bedrooms and 5 full baths, presents a rare opportunity for investors and owner-occupants alike. Enjoy convenient access to the lifestyle and amenities of South Orange Village and the greater SOMA community?without the premium price tag. Commuters will appreciate the nearby train service providing easy access to New York City. What sets this property apart? Aside from low property taxes and four income-producing units, the home features a finished basement with three additional rooms and a full bathroom, offering valuable flexibility and potential. The building is equipped with separate gas and electric meters, separate and new hot water heaters, and three out of four newer boilers, providing operational efficiency and ease of management. The property offers long-term investment potential with strong upside. Whether you're seeking immediate cash flow, future appreciation, or a combination of both, this asset checks all the boxes for a buy-and-hold strategy. The property also includes four garages and long driveway, providing additional value and income potential. Property and garages are being conveyed in as-is condition.

Full Property Details for 200 Eastern Pkwy

General

  • Price: $850,000
  • Taxes: $9,993 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: Garden_State
  • MLS ID: 4035987
  • Updated: 6/22/2026
  • Added to Site: 1 day(s) ago

Interior

  • Number of Rooms: 16

Rooms

Bathrooms

  • Total Bathrooms: 5
  • Full Bathrooms: 5

Bedrooms

  • Total Bedrooms: 8

Parking

  • Garage: Yes
  • Garage Spaces: 4
  • Garage Description: Detached Garage

Location

  • County: Essex
  • Driving Directions: Between Mt. Vernon Pl. and Putman St.

Heating & Cooling

  • Cooling Type: No Cooling
  • Heating Type: 4+ Units
  • Heating Fuel: Natural Gas
  • Water Heater: Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water
  • Utility Description: All Underground

Structural Information

  • Architectural Style: Fourplex
  • Exterior Const.: Aluminum Siding, Brick
  • Basement: Yes
  • Basement Desc.: Finished, Walk-Out
  • Roof: Flat, Rubberized
  • Square Feet: 3,600
  • Year Built: 1932

Unit Information

Unit 1

  • Unit Description: Bedrooms, Eat-In Kitchen, Laundry Room, Living Room, Storage
  • Square Feet: 900
  • Levels/Stories: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 2

  • Unit Description: Bedrooms, Eat-In Kitchen, Living Room
  • Square Feet: 900
  • Levels/Stories: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 3

  • Unit Description: Bedrooms, Eat-In Kitchen, Living Room
  • Square Feet: 900
  • Levels/Stories: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 4

  • Unit Description: Bedrooms, Eat-In Kitchen, Living Room
  • Square Feet: 900
  • Levels/Stories: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.12
  • Lot Dimensions: 42.6 x 120
  • Driveway/Sidewalk: 2 Car Width, Blacktop

Financial Considerations

  • Assessment Amount: $212,500
  • Land Assmt: $37,400
  • Tax Amount: $9,993
  • Tax Year: 2025

Disclosures and Reports

  • Disclosures: Yes
  • Block: 4140.01
  • Lot Number: 26

Listed by C-21 SEMIAO & ASSOCIATES

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Listing agent

— 200 Eastern Pkwy —

  • C-21 SEMIAO & ASSOCIATES

201-991-1300

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 200 Eastern Pkwy

School District:Newark City School District
NameGradesDistance
Mount Vernon Elementary School
142 Mount Vernon Place, Newark, NJ 07106
PK-80.2 mi
Ivy Hill Elementary School
107 Ivy Street, Newark, NJ 07106
PK-80.2 mi
Lincoln Elementary School, Newark, NJ
87 Richelieu Terrace, Newark, NJ 07106
K-80.6 mi
West Side High School
403 South Orange Avenue, Newark, NJ 07103
9-122 mi
Weequahic High School
279 Chancellor Avenue, Newark, NJ 07112
9-122.2 mi
Central High School, Newark, NJ
250 18th Avenue, Newark, NJ 07103
9-122.6 mi
Speedway Academies
701 South Orange Avenue, Newark, NJ 07106
PK-81.5 mi
Thirteenth Avenue Elementary School
359 13th Avenue, Newark, NJ 07103
5-82.3 mi
Camden Street Elementary School
281 Camden Street, Newark, NJ 07103
PK-82.4 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 200 Eastern Pkwy Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/22/2026
Listed
$850,000
240%
MLS
8/25/2004
Sold
$250,000
—
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 200 Eastern Pkwy

Year
Property Taxes
Change
Tax Assessment
Change
2024
$9,504
2%
$249,900
—
2022
$9,336
—
$249,900
—
2021
$9,331
33%
$249,900
—
2021
$7,035
-24%
$249,900
—
2018
$9,229
-2%
$249,900
—
2019
$9,399
6%
$249,900
—
2017
$8,896
3%
$249,900
—
2016
$8,597
4%
$249,900
—
2015
$8,269
12%
$249,900
—
2013
$7,380
—
$249,900
—
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 for 200 Eastern Pkwy

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by C-21 SEMIAO & ASSOCIATES

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200 Eastern Pkwy, Newark, NJ 07106 (MLS# 4035987) is a Multi-Family property with 4 units containing 8 bedrooms and 5 full bathrooms. 200 Eastern Pkwy is currently listed for $850,000 and was received on June 22, 2026. Want to learn more about 200 Eastern Pkwy? 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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