239 S 8th St, Newark, NJ 07103 - Photo 1

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$699,000 Just Listed

For Sale
Active
Multi-Family
3 Total Beds
Updated 1 day ago

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Property Description

This exceptional three-family property in Newark represents a premier investment or owner-occupant opportunity. Unit 3 is vacant, and you can buy this cash flowing property with only $24,500 down payment! The building features three spacious residential units complemented by a fully finished basement that includes a full bathroom for maximum utility and flexibility. Residents will benefit from a location that places them within a short distance of University Hospital and the city's major academic institutions including NJIT and Rutgers University. The property is ideally situated for effortless commuting with swift access to Newark Penn Station for Manhattan-bound trains as well as the Garden State Parkway and Interstate 280. Local amenities are abundant with the nearby Springfield Avenue Marketplace providing comprehensive shopping options and Branch Brook Park offering sprawling green space just minutes away. This residence combines substantial living space with a strategic location at the center of Newark?s educational and medical corridor to ensure long-term value and convenience. Live in one unit and have the tenants pay off the entire mortgage or rent all 3 and cash flow positive over around $2k/month

Full Property Details

Full Property Details for 239 S 8th St

General

Price: $699,000
Taxes: $5,970 (2025)
Status: Active
Type: Multi-Family
Source: Garden_State
MLS ID: 4008183
Updated: 2/4/2026
Added to Site: 2 day(s) ago

Interior

Number of Rooms: 7

Rooms

Bathrooms

Total Bathrooms: 1
Full Bathrooms: 1

Bedrooms

Total Bedrooms: 3

Location

County: Essex
Driving Directions: S. Orange Ave to 8th st. Or Central ave to 8th st

Heating & Cooling

Cooling Type: No Cooling
Heating Type: 3 Units, Baseboard - Hotwater
Heating Fuel: Natural Gas

Utilities

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

Structural Information

Architectural Style: Triplex
Exterior Const.: Brick
Basement: Yes
Basement Desc.: Finished
Roof: Flat
Square Feet: 4,294
Year Built: 1877

Unit Information

Unit 1

Unit Description: Bedrooms, Dining Room, Kitchen, Living Room, Master Bedroom
Square Feet: 954
Levels/Stories: 1
Total Bathrooms: 1
Bedrooms: 2

Unit 2

Unit Description: Bedrooms, Dining Room, Kitchen, Living Room, Master Bedroom
Square Feet: 954
Levels/Stories: 2
Total Bathrooms: 1
Bedrooms: 3

Unit 3

Unit Description: Bedrooms, Dining Room, Kitchen, Living Room, Master Bedroom
Square Feet: 954
Levels/Stories: 3
Total Bathrooms: 1
Bedrooms: 3

Unit 4

Unit Description: Bedrooms, Dining Room, Kitchen, Living Room, Master Bedroom

Lot Features

Lot Size (Acres): 0.03
Lot Dimensions: 1711.91
Driveway/Sidewalk: On-Street Parking

Financial Considerations

Operating Expenses: $2,500
Assessment Amount: $125,800
Land Assmt: $23,500
Tax Amount: $5,970
Tax Year: 2025

Disclosures and Reports

Disclosures: Yes
Block: 1781
Lot Number: 7

Listed by Keller Williams Village Square

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— 239 S 8th St —

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201-870-1688

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Schools

Schools serving 239 S 8th St

School District:Newark City School District

Name	Grades	Distance
Thirteenth Avenue Elementary School 359 13th Avenue, Newark, NJ 07103	5-8	0 mi
Camden Street Elementary School 281 Camden Street, Newark, NJ 07103	PK-8	0.4 mi
Cleveland Elementary School 388 Bergen St, Newark, NJ 07103	K-6	0.7 mi
West Side High School 403 South Orange Avenue, Newark, NJ 07103	9-12	0.3 mi
Central High School, Newark, NJ 250 18th Avenue, Newark, NJ 07103	9-12	0.9 mi
Barringer High School 90 Parker Street, Newark, NJ 07104	9-12	1.3 mi
Speedway Academies 701 South Orange Avenue, Newark, NJ 07106	PK-8	1 mi
Belmont-Runyon Elementary School 1 Belmont Runyon Way, Newark, NJ 07108	K-8	1.7 mi
Oliver Street Elementary School 86 Oliver Street, Newark, NJ 07105	PK-8	1.8 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 239 S 8th St Get Price Alerts and Save Property

Date

Details

Price

Change

Source

2/04/2026

Listed

$699,000

5.11%

MLS

1/08/2025

Sold

$665,000

—

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

Tax History for 239 S 8th St

Year

Property Taxes

Change

Tax Assessment

Change

2024

$5,678

$149,300

—

2023

$5,566

—

$149,300

—

2022

$5,578

—

$149,300

—

2021

$5,575

33%

$149,300

—

2021

$4,203

-24%

$149,300

—

2018

$5,514

$149,300

—

2017

$5,315

$149,300

—

2016

$5,136

$149,300

—

2015

$4,940

-12%

$149,300

—

2019

$5,615

27%

$149,300

—

2013

$4,409

—

$149,300

—

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

Estimate the Cost for 239 S 8th St

239 S 8th St, Newark, NJ 07103 (MLS# 4008183) is a Multi-Family property with 3 units containing 3 bedrooms and 1 full bathroom. 239 S 8th St is currently listed for $699,000 and was received on February 04, 2026. Want to learn more about 239 S 8th 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.

Tour this property

239 S 8th St Newark, NJ 07103

Full Property Details for 239 S 8th St

General

Interior

Rooms

Bathrooms

Bedrooms

Location

Heating & Cooling

Utilities

Structural Information

Unit Information

Unit 1

Unit 2

Unit 3

Unit 4

Lot Features

Financial Considerations

Disclosures and Reports

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Quickly Find Out More

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Schools serving 239 S 8th St

Price & Sales History for 239 S 8th St Get Price Alerts and Save Property

Tax History for 239 S 8th St

Estimate the Cost for 239 S 8th St

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