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$689,999
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Property Description
Welcome to Newark! This 3-Family, recently renovated property is located in the vibrant Upper Vailsburg neighborhood. This investment opportunity features two spacious 3-bedroom units and one 4-bedroom unit, offering flexibility for either immediate rental at top rental prices or owner-occupancy - the possibilities are endless! Each unit is spacious and occupies its own floor. The units have new flooring, new painting, new bathrooms, and new kitchens ready for move-in. The unfinished basement provides ample storage and utility space. Private backyard. Conveniently located near Weequahic Park, offering green space, walking paths, and recreation. Easy access to NJ Transit bus lines and major routes, with Newark Penn Station just a short drive away, makes commuting to NYC and the surrounding areas convenient. A strong opportunity for investors or owner-occupants seeking space, convenience, and rental potential in Newark. Book your showings today!
Full Property Details
Full Property Details for 29 Cedar Ave
General
- Price: $689,999
- Taxes: $6,427 (2024)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4006844
- Updated: 1/26/2026
- Added to Site: 7 day(s) ago
Interior
- Number of Rooms: 19
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 10
Parking
- Garage Description: None
Location
- County: Essex
- Driving Directions: Bet Rte 510 & Mountainview Ave
Heating & Cooling
- Cooling Type: No Cooling
- Heating Type: Radiators - Hot Water
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Natural Gas
Structural Information
- Architectural Style: 3-Three Story
- Exterior Const.: Aluminum Siding
- Basement: Yes
- Basement Desc.: Unfinished
- Roof: Asphalt Shingles
- Year Built: 1915
Unit Information
Unit 1
- Unit Description: Bedrooms, Dining Room, Eat-In Kitchen, Kitchen, Living Room, Pantry
- Levels/Stories: 1
- Fireplaces: 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 2
- Unit Description: Bedrooms, Dining Room, Eat-In Kitchen, Kitchen, Living Room, Pantry
- Fireplaces: 1
- Total Bathrooms: 1
- Bedrooms: 4
Unit 3
- Unit Description: Bedrooms, Dining Room, Eat-In Kitchen, Kitchen, Living Room, Pantry
- Total Bathrooms: 1
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.08
- Lot Dimensions: 31 x 110
- Driveway/Sidewalk: None
Financial Considerations
- Assessment Amount: $156,500
- Land Assmt: $12,500
- Tax Amount: $6,427
- Tax Year: 2024
Disclosures and Reports
- Exclusions: Owner's personal belongings
- Disclosures: Yes
- Block: 4206
- Lot Number: 5
Listed by Exp Realty, Llc
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Schools
Schools serving 29 Cedar Ave
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
Speedway Academies 701 South Orange Avenue, Newark, NJ 07106 | PK-8 | 0.2 mi |
Lincoln Elementary School, Newark, NJ 87 Richelieu Terrace, Newark, NJ 07106 | K-8 | 0.9 mi |
Ivy Hill Elementary School 107 Ivy Street, Newark, NJ 07106 | PK-8 | 1.1 mi |
West Side High School 403 South Orange Avenue, Newark, NJ 07103 | 9-12 | 0.9 mi |
Central High School, Newark, NJ 250 18th Avenue, Newark, NJ 07103 | 9-12 | 1.8 mi |
Barringer High School 90 Parker Street, Newark, NJ 07104 | 9-12 | 2.2 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 | 1.4 mi |
Mount Vernon Elementary School 142 Mount Vernon Place, Newark, NJ 07106 | PK-8 | 1.5 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 29 Cedar Ave
Date
Details
Price
Change
Source
1/26/2026
Listed
$689,999
38%
MLS
11/18/2025
Sold
$500,000
—
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 29 Cedar Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,427
2%
$169,000
—
2023
$6,300
—
$169,000
—
2022
$6,314
—
$169,000
—
2021
$6,310
33%
$169,000
—
2021
$4,757
-25%
$169,000
—
2019
$6,356
2%
$169,000
—
2018
$6,241
4%
$169,000
—
2017
$6,016
3%
$169,000
—
2016
$5,814
4%
$169,000
—
2015
$5,592
12%
$169,000
—
2013
$4,991
—
$169,000
—
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 29 Cedar Ave
29 Cedar Ave, Newark, NJ 07106 (MLS# 4006844) is a Multi-Family property with 3 units containing 10 bedrooms and 3 full bathrooms. 29 Cedar Ave is currently listed for $689,999 and was received on January 26, 2026. Want to learn more about 29 Cedar 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.

