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$700,000
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Property Description
Discover the perfect blend of income potential and convenient living with this impressive six-bedroom, two-bathroom multi-family property. Whether you're a savvy investor seeking steady rental income or looking to live in one unit while the other pays your mortgage, this property checks all the boxes for smart real estate strategy.Step inside to find spacious living areas designed for comfortable everyday life! Each unit offers 3 spacious bedrooms, EIK with stainless steel appliances, granite counter tops, designer white cabinets and modern bathrooms with ceramic tiles. The 2nd floor offers a bonus room that could be used for a game room, storage, etc.The basement offers valuable additional square footage ideal for storage, a home gym, or whatever your imagination can dream up. Outside, the private outdoor space with patio provides a refreshing retreat where residents can unwind after a busy day, host weekend barbecues, or simply enjoy fresh air without leaving home. Weequahic High School is conveniently nearby, while Newark Beth Israel Medical Center provides peace of mind with quality healthcare just around the corner. Daily errands become effortless with Supremo Food Market within easy reach. For commuters, this address is pure gold! The public buses to Newark Penn Station connects you directly to New York City, making the daily trek into Manhattan remarkably stress-free. Newark Liberty International Airport is also conveniently accessible when wanderlust calls
Full Property Details
Full Property Details for 231 Wainwright St
General
- Price: $700,000
- Taxes: $7,998 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4014614
- Updated: 3/23/2026
- Added to Site: 17 day(s) ago
Interior
- Number of Rooms: 11
- Interior Features: Fire Extinguisher, Smoke Detector
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 6
Exterior
- Exterior Features: Patio, Privacy Fence
Location
- County: Essex
- Subdivision: Weequahic
- Driving Directions: Take Chancellor Ave to Wainwright St
School Information
- High School: WEEQUAHIC
Heating & Cooling
- Cooling Type: Wall A/C Unit(s)
- Heating Type: 2 Units, Forced Hot Air
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Natural Gas
Structural Information
- Architectural Style: 2-Two Story
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Unfinished
- Roof: Asphalt Shingles
- Year Built: 1928
- Remodeled/Updated: 2018
Unit Information
Unit 1
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room, Pantry, Master Bedroom
- Square Feet: 1100
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 2
- Unit Description: Attic, Bedrooms, Eat-In Kitchen, Living Room, Pantry, Master Bedroom
- Square Feet: 1300
- Levels/Stories: 2
- Total Bathrooms: 1
- Bedrooms: 3
Unit 3
- Levels/Stories: 3
Lot Features
- Lot Size (Acres): 0.08
- Lot Dimensions: 35 x 100
- Driveway/Sidewalk: 1 Car Width
Financial Considerations
- Operating Expenses: $9,999
- Assessment Amount: $181,200
- Land Assmt: $18,800
- Tax Amount: $7,998
- Tax Year: 2025
Disclosures and Reports
- Exclusions: personal belongings
- Disclosures: Yes
- Block: 3733
- Lot Number: 17
Listed by North Star Elite Realty
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Schools
Schools serving 231 Wainwright St
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
Chancellor Avenue Elementary School, Newark, NJ 321 Chancellor Avenue, Newark, NJ 07112 | 3-8 | 0.2 mi |
B.R.I.C.K. Peshine Academy 433 Peshine Avenue, Newark, NJ 07112 | K-8 | 1 mi |
Belmont-Runyon Elementary School 1 Belmont Runyon Way, Newark, NJ 07108 | K-8 | 1.2 mi |
Weequahic High School 279 Chancellor Avenue, Newark, NJ 07112 | 9-12 | 0.3 mi |
Malcolm X Shabazz High School 80 Johnson Avenue, Newark, NJ 07108 | 9-12 | 1.6 mi |
Central High School, Newark, NJ 250 18th Avenue, Newark, NJ 07103 | 9-12 | 1.9 mi |
Cleveland Elementary School 388 Bergen St, Newark, NJ 07103 | K-6 | 1.9 mi |
Ivy Hill Elementary School 107 Ivy Street, Newark, NJ 07106 | PK-8 | 1.9 mi |
Mount Vernon Elementary School 142 Mount Vernon Place, Newark, NJ 07106 | PK-8 | 2 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 231 Wainwright St
Date
Details
Price
Change
Source
3/16/2026
Listed
$700,000
141.38%
MLS
8/17/2018
Sold
$290,000
—
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 231 Wainwright St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,606
2%
$200,000
—
2022
$7,472
-12%
$200,000
—
2021
$8,476
-2%
$200,000
-12%
2020
$8,626
71%
$227,000
—
2019
$5,055
—
$227,000
69%
2019
$5,055
2%
$134,400
—
2018
$4,963
4%
$134,400
—
2017
$4,785
9%
$134,400
—
2016
$4,373
4%
$134,400
—
2015
$4,197
6%
$134,400
—
2013
$3,969
—
$134,400
—
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 231 Wainwright St
231 Wainwright St, Newark, NJ 07112 (MLS# 4014614) is a Multi-Family property with 2 units containing 6 bedrooms and 2 full bathrooms. 231 Wainwright St is currently listed for $700,000 and was received on March 16, 2026. Want to learn more about 231 Wainwright 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.

