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$700,000
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Property Description
Exceptional 3-family property in North Newark featuring 2-bedroom, 1-bath layouts in each unit. This spacious multifamily will be delivered vacant, offering flexibility for owner-occupants or investors alike. The property boasts a massive lot and expansive driveway area, a rare feature that adds significant value and potential. Conveniently located near major transportation, shopping, dining, and everyday amenities. A fantastic opportunity to own a versatile income-producing property with strong long-term upside. Schedule your showing today!
Full Property Details
Full Property Details for 257 Parker St
General
- Price: $700,000
- Taxes: $7,382 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4028739
- Updated: 5/19/2026
- Added to Site: 48 day(s) ago
Interior
- Number of Rooms: 18
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 6
Location
- County: Essex
- Driving Directions: Google Maps
Heating & Cooling
- Cooling Type: Window A/C(s)
- Heating Type: Radiators - Steam
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Natural Gas
Structural Information
- Architectural Style: See Remarks
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Unfinished
- Roof: See Remarks
- Year Built: 1920
Unit Information
Unit 1
- Unit Description: Bedrooms, Dining Room, Kitchen, Living Room
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Unit Description: Bedrooms, Dining Room, Kitchen, Living Room
- Levels/Stories: 2
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Unit Description: Bedrooms, Dining Room, Kitchen, Living Room
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.06
- Lot Dimensions: 25 x 100
- Driveway/Sidewalk: Driveway-Exclusive
Financial Considerations
- Assessment Amount: $147,100
- Land Assmt: $37,500
- Tax Amount: $7,382
- Tax Year: 2025
Disclosures and Reports
- Block: 556
- Lot Number: 43
Listed by Keller Williams - Nj Metro Group
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Schools
Schools serving 257 Parker St
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
Branch Brook School 228 Ridge Street, Newark, NJ 07104 | PK-4 | 0.1 mi |
Rafael Hernandez Elementary School 345 Broadway, Newark, NJ 07104 | PK-4 | 0.5 mi |
First Avenue Elementary School 214 1st Avenue, Newark, NJ 07107 | 5-8 | 0.5 mi |
Technology High School 223 Broadway, Newark, NJ 07102 | 9-12 | 0.5 mi |
Barringer High School 90 Parker Street, Newark, NJ 07104 | 9-12 | 0.5 mi |
West Side High School 403 South Orange Avenue, Newark, NJ 07103 | 9-12 | 2 mi |
Dr. William H. Horton Elementary School 291 North 7th Street, Newark, NJ 07107 | 5-8 | 0.6 mi |
Abington Ave. Elementary School 209 Abington Avenue, Newark, NJ 07107 | PK-8 | 0.6 mi |
Dr. E. Alma Flagg Elementary School 150 Third St, Newark, NJ 07104 | K-4 | 0.8 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 257 Parker St
Date
Details
Price
Change
Source
5/19/2026
Listed
$700,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 257 Parker St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,382
7%
$184,600
—
2022
$6,897
—
$184,600
—
2021
$6,893
33%
$184,600
—
2021
$5,196
-24%
$184,600
—
2018
$6,817
4%
$184,600
—
2017
$6,572
3%
$184,600
—
2016
$6,350
4%
$184,600
—
2015
$6,108
-12%
$184,600
—
2019
$6,943
27%
$184,600
—
2013
$5,451
—
$184,600
—
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 257 Parker St
257 Parker St, Newark, NJ 07104 (MLS# 4028739) is a Multi-Family property with 3 units containing 6 bedrooms and 3 full bathrooms. 257 Parker St is currently listed for $700,000 and was received on May 19, 2026. Want to learn more about 257 Parker 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.

