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$698,900 Just Listed
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Property Description
Welcome to 232 4th Ave, a beautifully maintained two-family home offering the perfect opportunity to enjoy homeownership while benefiting from rental income from day one. The newly renovated upper-level owner?s unit features 3 spacious bedrooms and 2 full bathrooms, including a private primary suite, dedicated laundry room, hardwood floors, and a stunning updated kitchen complete with quartz countertops, shaker-style cabinetry, and stainless steel appliances. The ground-floor 3-bedroom, 1-bath unit is currently occupied and generating $2,450 per month in rental income, providing immediate income potential. Outside, the property offers a private driveway, built-in garage, fenced backyard, and inviting curb appeal. Ideally located near Branch Brook Park, shopping, public transportation, and major highways, this property presents an outstanding opportunity for an owner-occupant looking to offset housing expenses or an investor seeking a strong addition to their real estate portfolio.
Full Property Details
Full Property Details for 232 4th St
General
- Price: $698,900
- Taxes: $7,230 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4049710
- Updated: 8/31/2026
- Added to Site: 4 day(s) ago
Interior
- Number of Rooms: 13
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 6
Parking
- Garage: Yes
- Garage Spaces: 1
- Garage Description: Attached Garage
Location
- County: Essex
- Driving Directions: GPS to 232 4th Street, Newark NJ 07107
Heating & Cooling
- Cooling Type: 2 Units
- Heating Type: 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.: Stone, Vinyl Siding
- Basement: Yes
- Basement Desc.: Finished
- Roof: Asphalt Shingles
- Year Built: 2001
- Remodeled/Updated: 2026
Unit Information
Unit 1
- Unit Description: Bedrooms, Kitchen, Living/Dining Room
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 2
- Unit Description: Bedrooms, Kitchen, Laundry Room, Living/Dining Room
- Levels/Stories: 1
- Total Bathrooms: 2
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.08
- Lot Dimensions: 33.34 x 100
- Driveway/Sidewalk: 2 Car Width
Financial Considerations
- Assessment Amount: $161,000
- Land Assmt: $19,800
- Tax Amount: $7,230
- Tax Year: 2025
Disclosures and Reports
- Block: 1915
- Lot Number: 19.01
Listed by New and Modern Group
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Price & Sales History for 232 4th St
Date
Details
Price
Change
Source
8/31/2026
Listed
$698,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 232 4th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,230
7%
$180,800
—
2022
$6,755
—
$180,800
—
2021
$6,751
-2%
$180,800
—
2020
$6,870
1%
$180,800
—
2019
$6,800
2%
$180,800
—
2018
$6,677
4%
$180,800
—
2017
$6,436
3%
$180,800
—
2016
$6,220
4%
$180,800
—
2015
$5,983
12%
$180,800
—
2013
$5,339
—
$180,800
—
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 232 4th St
232 4th St, Newark, NJ 07107 (MLS# 4049710) is a Multi-Family property with 2 units containing 6 bedrooms and 3 full bathrooms. 232 4th St is currently listed for $698,900 and was received on August 31, 2026. Want to learn more about 232 4th 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.

