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$875,000
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Property Description
"Prime Investment Opportunity in Newark's Desirable Ironbound Section. This well-maintained four-family residence offers an exceptional value-add or turn-key opportunity for the savvy investor. Each of the four units features a functional 3-room layout, maximizing rental appeal. The property boasts significant premium amenities rarely found in this high-demand neighborhood, including a full basement with dedicated tenant storage, expansive rear parking, and two private detached garages. Situated in a high-occupancy area with easy access to Penn Station, local dining, and major transportation hubs, this asset is positioned for strong cash flow and long-term appreciation."
Full Property Details
Full Property Details for 203 Oliver St
General
- Price: $875,000
- Taxes: $7,164 (2024)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4029193
- Updated: 5/21/2026
- Added to Site: 13 day(s) ago
Interior
- Number of Rooms: 12
- Interior Features: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, Tile Floors, Vinyl-Linoleum Floors, Wood Floors
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 4
Exterior
- Exterior Features: Patio, Privacy Fence, Wood Fence
- Color: Brown
Parking
- Garage: Yes
- Garage Spaces: 2
- Garage Description: Detached Garage, Garage Parking
Location
- County: Essex
- Driving Directions: See Google
Heating & Cooling
- Cooling Type: Window A/C(s)
- Heating Type: 4+ Units, Baseboard - Hotwater
- Heating Fuel: Natural Gas
- Water Heater: Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Cable TV Available
Structural Information
- Architectural Style: 3-Three Story
- Exterior Const.: Brick, Vinyl Siding
- Basement: Yes
- Basement Desc.: Unfinished
- Roof: Flat, Rubberized
- Year Built: 1900
- Remodeled/Updated: 2015
Unit Information
Unit 1
- Unit Description: Bedrooms, Kitchen, Living Room
- Square Feet: 500
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Unit Description: Bedrooms, Kitchen, Living Room
- Square Feet: 500
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Unit Description: Bedrooms, Kitchen, Living Room
- Square Feet: 500
- Levels/Stories: 2
- Total Bathrooms: 1
- Bedrooms: 1
Unit 4
- Unit Description: Bedrooms, Kitchen, Living Room
- Square Feet: 500
- Levels/Stories: 2
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.06
- Lot Dimensions: 25 x 112
- Driveway/Sidewalk: Blacktop, Concrete Strip, Driveway-Exclusive, Parking Lot-Exclusive
- Zoning: Residential
- Lot Description: Level Lot
Financial Considerations
- Expenses: Cold Water, Insurance, Taxes
- Operating Expenses: $18,000
- Assessment Amount: $114,300
- Land Assmt: $74,100
- Tax Amount: $7,164
- Tax Year: 2024
Disclosures and Reports
- Disclosures: Yes
- Block: 956
- Lot Number: 7
Listed by Sky Realty Associates
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Schools
Schools serving 203 Oliver St
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
Lafayette Street Elementary School 205 Lafayette Street, Newark, NJ 07105 | K-8 | 0.4 mi |
Oliver Street Elementary School 86 Oliver Street, Newark, NJ 07105 | PK-8 | 0.4 mi |
Wilson Avenue Elementary School 19 Wilson Ave, Newark, NJ 07108 | K-8 | 0.6 mi |
East Side High School 238 Van Buren Street, Newark, NJ 07105 | 9-12 | 0.3 mi |
Malcolm X Shabazz High School 80 Johnson Avenue, Newark, NJ 07108 | 9-12 | 1.5 mi |
Central High School, Newark, NJ 250 18th Avenue, Newark, NJ 07103 | 9-12 | 1.6 mi |
Cleveland Elementary School 388 Bergen St, Newark, NJ 07103 | K-6 | 1.7 mi |
Belmont-Runyon Elementary School 1 Belmont Runyon Way, Newark, NJ 07108 | K-8 | 1.9 mi |
Camden Street Elementary School 281 Camden Street, Newark, NJ 07103 | PK-8 | 1.9 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 203 Oliver St
Date
Details
Price
Change
Source
5/21/2026
Listed
$875,000
—
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 203 Oliver St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,165
2%
$188,400
—
2022
$7,039
—
$188,400
—
2021
$7,035
33%
$188,400
—
2021
$5,303
-24%
$188,400
—
2018
$6,958
4%
$188,400
—
2017
$6,707
3%
$188,400
—
2016
$6,481
4%
$188,400
—
2015
$6,234
-12%
$188,400
—
2019
$7,086
21%
$188,400
—
2014
$5,842
—
$188,400
—
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 Oliver St
203 Oliver St, Newark, NJ 07105 (MLS# 4029193) is a Multi-Family property with 4 units containing 4 bedrooms and 4 full bathrooms. 203 Oliver St is currently listed for $875,000 and was received on May 21, 2026. Want to learn more about 203 Oliver 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.

