Date
Details
Price
Change
Source
11/26/2025
Listed
$749,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$749,900
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Property Description
Newly renovated two-family home in the desirable Weequahic section of Newark. This spacious duplex-style property offers two large units with generous living areas, ideal for owner-occupants or investors seeking strong rental income. Each apartment features brand-new kitchens, updated bathrooms, new flooring, and modern cooling systems throughout. Conveniently located with an easy NYC commute, and close to Rutgers University"Newark, NJPAC, and University Hospital, as well as major highways and public transportation. This turn-key multi-family home is ready for immediate occupancy and offers excellent rental appeal in a high-demand Newark location.
Full Property Details
Full Property Details for 216 Peshine Ave
General
- Price: $749,900
- Taxes: $6,000 (2024)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 3999500
- Updated: 1/15/2026
- Added to Site: 51 day(s) ago
Interior
- Number of Rooms: 15
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Parking
- Garage Description: On-Street Parking
Location
- County: Essex
- Driving Directions: Clinton Avenue to Peshine Avenue
Heating & Cooling
- Cooling Type: 3 Units, Wall A/C Unit(s)
- Heating Type: 3 Units, Forced Hot Air
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Natural Gas
Structural Information
- Architectural Style: Duplex-Side by Side
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Finished
- Roof: Asphalt Shingles
- Year Built: 1911
- Remodeled/Updated: 2025
Unit Information
Unit 1
- Unit Description: Bedrooms, Kitchen, Living Room, See Remarks
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 2
- Unit Description: Bedrooms, Kitchen, Living Room, See Remarks
- Levels/Stories: 2
- Total Bathrooms: 2
- Bedrooms: 5
Lot Features
- Lot Size (Acres): 0.06
- Lot Dimensions: 25.4 x 105
- Driveway/Sidewalk: On-Street Parking
Financial Considerations
- Assessment Amount: $125,600
- Land Assmt: $21,700
- Tax Amount: $6,000
- Tax Year: 2024
Disclosures and Reports
- Disclosures: Yes
- Block: 2690
- Lot Number: 49
Listed by Re/Max Professionals I
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 216 Peshine Ave —
Re/Max Professionals I
973-450-4000
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 216 Peshine Ave
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
Belmont-Runyon Elementary School 1 Belmont Runyon Way, Newark, NJ 07108 | K-8 | 0.2 mi |
Louise A. Spencer Elementary School 66 Muhammad Ali Avenue, Newark, NJ 07108 | PK-8 | 0.6 mi |
B.R.I.C.K. Peshine Academy 433 Peshine Avenue, Newark, NJ 07112 | K-8 | 0.6 mi |
Hawthorne Avenue Elementary School 428 Hawthorne Ave, Newark, NJ 07112 | K-6 | 0.7 mi |
George Washington Carver Elementary School 333 Clinton Place, Newark, NJ 07112 | PK-8 | 1 mi |
South Seventeenth Street Elementary School 619 South 17th Street, Newark, NJ 07103 | K-4 | 1.2 mi |
Chancellor Avenue Elementary School, Newark, NJ 321 Chancellor Avenue, Newark, NJ 07112 | 3-8 | 1.3 mi |
Thirteenth Avenue Elementary School 359 13th Avenue, Newark, NJ 07103 | 5-8 | 1.5 mi |
Speedway Academies 701 South Orange Avenue, Newark, NJ 07106 | PK-8 | 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 216 Peshine Ave
Tax History
Tax History for 216 Peshine Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,602
2%
$147,300
—
2022
$5,503
100%
$147,300
—
2021
100%
$147,300
—
2019
-100%
$147,300
—
2016
$5,067
4%
$147,300
—
2015
$4,874
12%
$147,300
—
2013
$4,350
—
$147,300
—
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 216 Peshine Ave
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Sold by Outside Office
216 Peshine Ave, Newark, NJ 07108 (MLS# 3999500) is a Multi-Family property with 2 units containing 8 bedrooms and 4 full bathrooms. 216 Peshine Ave is currently listed for $749,900 and was received on November 26, 2025. Want to learn more about 216 Peshine Ave? 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.