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$675,000
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Property Description
Cash Flow TODAY! Welcome to 245 4th Street, a spacious and versatile two-family property located in the heart of North Newark, NJ. Each unit features 3 bedrooms and 1 full bathroom, eat in kitchen, and living room, offering comfortable layouts ideal for Owner-occupants or investment opportunities. The property includes a fully finished basement with an additional bathroom and three extra rooms, providing flexible space for extended living, home offices, or recreation. The finished attic adds even more extended living space, featuring two rooms and a full bathroom, perfect for bonus living space or creative use. Each level has a back sunroom and a pantry for storage. Also The 2nd floor has 2 walk in closets. With a 25x10 workshop in the backyard, space or storage is not an issue. Additional highlights include one off-street parking space in the driveway and a prime location near NJ Transit, allowing for fast and convenient transportation throughout Newark, NYC, and surrounding areas.
Full Property Details
Full Property Details for 245 - 247 4th St #2
General
- Price: $675,000
- Taxes: $5,499 (2024)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4002217
- Updated: 1/5/2026
- Added to Site: 28 day(s) ago
Interior
- Number of Rooms: 17
- Interior Features: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, Walk-In Closet
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 7
Exterior
- Exterior Features: Privacy Fence, Workshop
Parking
- Garage: Yes
- Garage Spaces: 1
- Garage Description: See Remarks
Location
- County: Essex
- Driving Directions: Between 6th ave and 7th ave
School Information
- Elementary School: E A FLAGG
- Middle School: E A FLAGG
Heating & Cooling
- Cooling Type: Wall A/C Unit(s)
- Heating Type: Baseboard - Hotwater
- Heating Fuel: Natural Gas
- Water Heater: Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Gas In Street, Cable TV Available, Fiber Optic Available
Structural Information
- Architectural Style: 3-Three Story
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Finished, Full, Walk-Out
- Roof: Asphalt Shingles
- Square Feet: 3,000
- Year Built: 1900
Unit Information
Unit 1
- Unit Description: Bedrooms, Eat-In Kitchen, Kitchen, Living Room, Pantry, Sunroom
- Square Feet: 1350
- Levels/Stories: 1
- Total Bathrooms: 2
- Bedrooms: 3
Unit 2
- Unit Description: Attic, Bedrooms, Eat-In Kitchen, Living Room, Pantry, Sunroom
- Square Feet: 1500
- Levels/Stories: 1
- Total Bathrooms: 2
- Bedrooms: 3
Unit 3
- Levels/Stories: 1
- Total Bathrooms: 1
Lot Features
- Lot Size (Acres): 0.07
- Lot Dimensions: 31 x 100
- Driveway/Sidewalk: 1 Car Width
Financial Considerations
- Assessment Amount: $125,100
- Land Assmt: $19,500
- Tax Amount: $5,499
- Tax Year: 2024
Disclosures and Reports
- Exclusions: 1st refrigerator
- Disclosures: Yes
- Block: 1914
- Lot Number: 25
Listed by Prestige Executive Properties
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Schools
Schools serving 245 - 247 4th St #2
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
Dr. E. Alma Flagg Elementary School 150 Third St, Newark, NJ 07104 | K-4 | 0.2 mi |
First Avenue Elementary School 214 1st Avenue, Newark, NJ 07107 | 5-8 | 0.8 mi |
Rafael Hernandez Elementary School 345 Broadway, Newark, NJ 07104 | PK-4 | 1.1 mi |
Barringer High School 90 Parker Street, Newark, NJ 07104 | 9-12 | 0.4 mi |
Technology High School 223 Broadway, Newark, NJ 07102 | 9-12 | 0.9 mi |
West Side High School 403 South Orange Avenue, Newark, NJ 07103 | 9-12 | 1.3 mi |
Thirteenth Avenue Elementary School 359 13th Avenue, Newark, NJ 07103 | 5-8 | 1.1 mi |
Camden Street Elementary School 281 Camden Street, Newark, NJ 07103 | PK-8 | 1.5 mi |
Cleveland Elementary School 388 Bergen St, Newark, NJ 07103 | K-6 | 1.7 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 245 - 247 4th St #2
Date
Details
Price
Change
Source
12/28/2025
Listed
$675,000
—
MLS
Disclaimer: Historical sales 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 245 - 247 4th St #2
245 - 247 4th St #2, Newark, NJ 07107 (MLS# 4002217) is a Multi-Family property with 2 units containing 7 bedrooms and 4 full bathrooms. 245 - 247 4th St #2 is currently listed for $675,000 and was received on December 19, 2025. Want to learn more about 245 - 247 4th St #2? 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.

