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$649,999 Just Listed
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Property Description
Well-maintained two-family home in the desirable North Newark section, offering an excellent opportunity for both owner-occupants and investors. Each unit features 2 spacious bedrooms, 1 full bathroom, a bright living room, and an eat-in kitchen. The fully finished walkout basement includes two additional rooms, providing flexible space for recreation, a home office, gym, or storage (buyer to perform their own due diligence regarding permitted use). Enjoy a private backyard, perfect for entertaining or relaxing. The property also features an updated roof for added peace of mind. Conveniently located near public transportation, major highways, schools, shopping, parks, and restaurants, with easy access to NYC. A fantastic opportunity with plenty of potential?don't miss it!
Full Property Details
Full Property Details for 283 N 5th St
General
- Price: $649,999
- Taxes: $7,858 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4042187
- Updated: Today (7/21/2026)
- Added to Site: Today
Interior
- Number of Rooms: 9
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Parking
- Garage Description: None
Location
- County: Essex
- Driving Directions: Google Maps
Heating & Cooling
- Cooling Type: Window A/C(s)
- Heating Type: Baseboard - Hotwater
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: All Underground
Structural Information
- Architectural Style: 2-Two Story
- Exterior Const.: See Remarks
- Basement: Yes
- Basement Desc.: Full, Unfinished
- Roof: See Remarks
- Year Built: 1920
Unit Information
Unit 1
- Unit Description: Bedrooms, Eat-In Kitchen, Living/Dining Room
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Unit Description: Bedrooms, Eat-In Kitchen
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.06
- Lot Dimensions: 25 x 100
- Driveway/Sidewalk: None
Financial Considerations
- Assessment Amount: $177,700
- Land Assmt: $18,800
- Tax Amount: $7,858
- Tax Year: 2025
Disclosures and Reports
- Exclusions: Personal property
- Block: 1932
- Lot Number: 49
Listed by Real
Get Pre-Approved Today
Schools
Schools serving 283 N 5th St
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
Dr. William H. Horton Elementary School 291 North 7th Street, Newark, NJ 07107 | 5-8 | 0.2 mi |
First Avenue Elementary School 214 1st Avenue, Newark, NJ 07107 | 5-8 | 0.7 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 | 1.4 mi |
Thirteenth Avenue Elementary School 359 13th Avenue, Newark, NJ 07103 | 5-8 | 1.2 mi |
Camden Street Elementary School 281 Camden Street, Newark, NJ 07103 | PK-8 | 1.6 mi |
Speedway Academies 701 South Orange Avenue, Newark, NJ 07106 | PK-8 | 1.8 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 283 N 5th St
Date
Details
Price
Change
Source
7/21/2026
Listed
$649,999
27.45%
MLS
6/05/2024
Sold
$510,000
—
Public Record
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 283 N 5th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,858
7%
$196,500
—
2022
$7,341
—
$196,500
—
2021
$7,337
33%
$196,500
—
2021
$5,531
35%
$196,500
80%
2019
$4,099
2%
$109,000
—
2018
$4,025
4%
$109,000
—
2017
$3,880
3%
$109,000
—
2016
$3,750
4%
$109,000
—
2015
$3,607
12%
$109,000
—
2013
$3,219
—
$109,000
—
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 283 N 5th St
283 N 5th St, Newark, NJ 07107 (MLS# 4042187) is a Multi-Family property with 2 units containing 4 bedrooms and 2 full bathrooms. 283 N 5th St is currently listed for $649,999 and was received on July 21, 2026. Want to learn more about 283 N 5th 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.

