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$789,999 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 9 Total Beds
  • 2 Car Garage
  • Updated 1 day ago

Next open house:

Open House: 1:00 PM - 3:00 PM

Saturday 5/2 1:00 PM - 3:00 PM

232 2nd St,Newark, NJ 07107

232 2nd StNewarkNJ07107

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Join us at 232 2nd St on:

  • Open House: 1:00 PM - 3:00 PM

    Sunday 5/3 1:00 PM - 3:00 PM

    232 2nd St,Newark, NJ 07107
    232 2nd StNewarkNJ07107
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This spacious 3-family property in Newark offers a rare opportunity for both comfortable living and smart investing. Featuring a total of 9 bedrooms and 3 bathrooms, each unit provides generous layouts ideal for owner-occupants seeking space while generating rental income. The property includes a hard-to-find industrial-style 2-car garage perfect for personal use, storage, or additional income along with a 2-car driveway, giving you and your tenants the convenience of off-street parking. Located just minutes from the train station and light rail, commuting to NYC and surrounding areas is quick and easy, making it highly attractive for tenants. Whether you're looking to offset your monthly expenses or build long-term wealth, this property offers strong income potential and a favorable cap rate. Newark's continued growth and rental demand make this an excellent opportunity to own while investing in your future. Don't miss your chance to secure a multi-family home that works for you! Property is being sold "AS IS."

Full Property Details for 232 2nd St

General

  • Price: $789,999
  • Taxes: $10,529 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: Garden_State
  • MLS ID: 4023520
  • Updated: 4/30/2026
  • Added to Site: 5 day(s) ago

Interior

  • Number of Rooms: 17
  • Interior Features: Carbon Monoxide Detector, Smoke Detector, Wood Floors

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 9

Exterior

  • Exterior Features: Metal Fence, Open Porch(es)

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Garage Description: Detached Garage

Location

  • County: Essex
  • Driving Directions: ROUTE. 280 E, TO 1ST STREET. EXIT. TURN LEFT AT 1ST LIGHT. PASS NEXT LIGHT AND ONE BLOCK. ROAD VEERS LEFT TO 2ND STREET.

Heating & Cooling

  • Cooling Type: 1 Unit
  • Heating Type: 3 Units
  • Heating Fuel: Natural Gas
  • Water Heater: Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water
  • Utility Description: Natural Gas

Structural Information

  • Architectural Style: 3-Three Story
  • Exterior Const.: Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Unfinished
  • Roof: Asphalt Shingles
  • Year Built: 1900

Unit Information

Unit 1

  • Unit Description: Bedrooms, Kitchen, Laundry Room, Living Room
  • Levels/Stories: 1
  • Total Bathrooms: 1
  • Bedrooms: 3

Unit 2

  • Unit Description: Bedrooms, Kitchen, Laundry Room, Living Room
  • Levels/Stories: 2
  • Total Bathrooms: 1
  • Bedrooms: 3

Unit 3

  • Unit Description: Bedrooms, Kitchen, Living Room
  • Levels/Stories: 3
  • Total Bathrooms: 1
  • Bedrooms: 3

Lot Features

  • Lot Size (Acres): 0.09
  • Lot Dimensions: 37.50 x 100
  • Driveway/Sidewalk: 1 Car Width
  • Zoning: Residential
  • Lot Description: Level Lot

Financial Considerations

  • Expenses: Cold Water, Insurance, Maintenance, Taxes
  • Assessment Amount: $243,000
  • Land Assmt: $20,300
  • Tax Amount: $10,529
  • Tax Year: 2025

Disclosures and Reports

  • Exclusions: Washer and Dryer on 1st. floor.
  • Block: 1911.01
  • Lot Number: 25.01

Listed by Village Square Realtors

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Listing agent

— 232 2nd St —

  • Village Square Realtors

973-509-2222

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 232 2nd St

School District:Newark City School District
NameGradesDistance
Dr. E. Alma Flagg Elementary School
150 Third St, Newark, NJ 07104
K-40.1 mi
First Avenue Elementary School
214 1st Avenue, Newark, NJ 07107
5-80.9 mi
Thirteenth Avenue Elementary School
359 13th Avenue, Newark, NJ 07103
5-81 mi
Barringer High School
90 Parker Street, Newark, NJ 07104
9-120.3 mi
Technology High School
223 Broadway, Newark, NJ 07102
9-120.9 mi
West Side High School
403 South Orange Avenue, Newark, NJ 07103
9-121.2 mi
Rafael Hernandez Elementary School
345 Broadway, Newark, NJ 07104
PK-41.1 mi
Camden Street Elementary School
281 Camden Street, Newark, NJ 07103
PK-81.4 mi
Cleveland Elementary School
388 Bergen St, Newark, NJ 07103
K-61.7 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 232 2nd St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/27/2026
Listed
$789,999
113.23%
MLS
9/20/2011
Sold
$370,500
—
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 232 2nd St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$10,013
2%
$263,300
—
2022
$9,837
1%
$263,300
—
2021
$9,787
—
$263,300
—
2021
$9,787
33%
$262,100
—
2021
$7,378
-24%
$262,100
—
2018
$9,679
4%
$262,100
—
2017
$9,331
3%
$262,100
—
2016
$9,016
4%
$262,100
—
2015
$8,673
-12%
$262,100
—
2019
$9,858
27%
$262,100
—
2013
$7,740
—
$262,100
—
View All
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 232 2nd St

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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 Village Square Realtors

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232 2nd St, Newark, NJ 07107 (MLS# 4023520) is a Multi-Family property with 3 units containing 9 bedrooms and 3 full bathrooms. 232 2nd St is currently listed for $789,999 and was received on April 27, 2026. Want to learn more about 232 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.

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