This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/32
$595,000 -$3,000 (-0.5%) Price Reduced
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/32
Property Description
Back on the market - Buyer couldn't perform.Welcome to this well-maintained multi-family home located on a quiet residential block in Newark. This property offers a total of 5 spacious bedrooms, making it an excellent opportunity for both investors and owner-occupants. Each unit features comfortable living space with ample natural light, functional layouts, and generous bedroom sizes. Conveniently located near public transportation, major highways, schools, shopping, and local amenities, this property provides easy access to everything Newark has to offer. Whether you're looking to generate rental income or live in one unit while renting the other, 203 2nd Street is a solid investment with great potential.Don't miss this opportunity to own a multi-family property in a growing area.
Full Property Details
Full Property Details for 203 2nd St
General
- Price: $595,000
- Taxes: $8,876 (2024)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 3997625
- Updated: 1/28/2026
- Added to Site: 81 day(s) ago
Interior
- Number of Rooms: 7
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 5
Exterior
- Exterior Features: Deck
Location
- County: Essex
- Driving Directions: Park Ave to 2nd St
Heating & Cooling
- Cooling Type: Window A/C(s)
- Heating Type: Multi-Zone, Radiators - Hot Water
- Heating Fuel: Natural Gas
- Water Heater: Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Natural Gas
Structural Information
- Architectural Style: Under/Over
- Exterior Const.: Aluminum Siding, Brick
- Basement: Yes
- Basement Desc.: Unfinished, Walk-Out
- Roof: Asphalt Shingles
- Year Built: 1880
- Remodeled/Updated: 2022
Unit Information
Unit 1
- Unit Description: Bedrooms
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Unit Description: Bedrooms
- Levels/Stories: 2
- Total Bathrooms: 1
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.06
- Lot Dimensions: 25.1 x 105.10
- Driveway/Sidewalk: On-Street Parking
Financial Considerations
- Assessment Amount: $214,300
- Land Assmt: $19,100
- Tax Amount: $8,876
- Tax Year: 2024
Disclosures and Reports
- Exclusions: Personal Property
- Block: 1912
- Lot Number: 20
Listed by Exp Realty, Llc
Get Pre-Approved Today
Schools
Schools serving 203 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 |
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 | 0.5 mi |
Franklin Elementary School, Newark, NJ 42 Park Avenue, Newark, NJ 07104 | PK-4 | 0.6 mi |
First Avenue Elementary School 214 1st Avenue, Newark, NJ 07107 | 5-8 | 1 mi |
Roberto Clemente Elementary School 257 Summer Avenue, Newark, NJ 07104 | K-4 | 1 mi |
Rafael Hernandez Elementary School 345 Broadway, Newark, NJ 07104 | PK-4 | 1.2 mi |
Luis Munoz Marin Ele 663 Broadway, Newark, NJ 07104 | PK-4 | 1.9 mi |
Elliott Street Elementary School 721 Summer Avenue, Newark, NJ 07104 | K-4 | 2 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 203 2nd St
Date
Details
Price
Change
Source
1/27/2026
Price Reduced
$595,000
-0.5%
MLS
12/04/2025
Price Reduced
$598,000
-1.81%
MLS
11/13/2025
Listed
$609,000
79.12%
MLS
3/30/2022
Sold
$340,000
—
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 203 2nd St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,876
26%
$233,400
—
2022
$7,039
—
$233,400
24%
2021
$7,035
44%
$188,400
31%
2021
$4,882
-10%
$144,000
—
2019
$5,416
2%
$144,000
—
2018
$5,318
4%
$144,000
—
2017
$5,126
3%
$144,000
—
2016
$4,954
4%
$144,000
—
2015
$4,765
12%
$144,000
—
2013
$4,252
—
$144,000
—
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 203 2nd St
203 2nd St, Newark, NJ 07107 (MLS# 3997625) is a Multi-Family property with 2 units containing 5 bedrooms and 2 full bathrooms. 203 2nd St is currently listed for $595,000 and was received on November 13, 2025. Want to learn more about 203 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.

