Date
Details
Price
Change
Source
5/22/2026
Listed
$550,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property Description
Rare investment and development opportunity in the heart of Newark?s thriving Roseville section. 250-252 Berkeley Avenue, a legal two-family property, is being offered together with the neighboring institutional/commercial property as a package deal, creating an approximate combined lot size of 100 x 100.This unique assemblage presents exceptional potential for developers, investors, builders, or end-users seeking redevelopment opportunities in a rapidly growing area. Preliminary development concepts may support multiple new construction residential units, subject to buyer due diligence, zoning requirements, subdivision approvals, and municipal approvals.The existing two-family property provides immediate rental income potential and may remain tenant-occupied while developers pursue approvals, plans, and redevelopment opportunities, creating the possibility for cash flow during the planning and entitlement process.Conveniently located near major highways, public transportation, shopping, schools, and residential neighborhoods, this offering provides strong upside potential in an area experiencing continued growth and redevelopment activity.Buyer responsible for independently verify
Full Property Details
Full Property Details for 250 Berkeley Ave
General
- Price: $550,000
- Taxes: $5,878 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4029437
- Updated: 5/24/2026
- Added to Site: 2 day(s) ago
Interior
- Number of Rooms: 12
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Location
- County: Essex
- Driving Directions: use waze
Heating & Cooling
- Cooling Type: No Cooling
- Heating Type: Baseboard - Hotwater
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Available
- Water: Public Water
- Utility Description: Electric, Gas In Street
Structural Information
- Architectural Style: 2-Two Story
- Exterior Const.: Aluminum Siding
- Basement: Yes
- Basement Desc.: Finished
- Roof: Asphalt Shingles
- Year Built: 1999
Unit Information
Unit 1
- Unit Description: See Remarks
- Square Feet: 1000
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Unit Description: Utility Room
- Square Feet: 1000
- Levels/Stories: 2
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.11
- Lot Dimensions: 50 x 100
- Driveway/Sidewalk: Blacktop
Financial Considerations
- Assessment Amount: $93,200
- Land Assmt: $53,800
- Tax Amount: $5,878
- Tax Year: 2025
Disclosures and Reports
- Exclusions: none
- Disclosures: Yes
- Block: 643
- Lot Number: 3
Listed by Realty One Group Sunrise
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Listing agent
— 250 Berkeley Ave —
Realty One Group Sunrise
201-265-7000
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Price & Sales History for 250 Berkeley Ave
Tax History
Tax History for 250 Berkeley Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,590
2%
$147,000
—
2022
$5,492
—
$147,000
—
2021
$5,489
33%
$147,000
—
2021
$4,138
-24%
$147,000
—
2018
$5,429
4%
$147,000
—
2017
$5,233
3%
$147,000
—
2016
$5,057
4%
$147,000
—
2015
$4,864
-12%
$147,000
—
2019
$5,529
27%
$147,000
—
2013
$4,341
—
$147,000
—
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 250 Berkeley Ave
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250 Berkeley Ave, Newark, NJ 07107 (MLS# 4029437) is a Multi-Family property with 2 units containing 4 bedrooms and 3 full bathrooms. 250 Berkeley Ave is currently listed for $550,000 and was received on May 22, 2026. Want to learn more about 250 Berkeley Ave? 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.