Date
Details
Price
Change
Source
4/13/2026
Listed
$750,000
—
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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$750,000 Just Listed
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Property Description
Welcome to this EXTREMELY RARE FOUR FAMILY investment opportunity in Newark's sought-after Vailsburg section this four-family fixer-upper offers exceptional potential, solid structure, and an unbeatable location just minutes from Seton Hall University. Perfect for investors, owner-occupants, or anyone looking to add value through renovation. This multi-family home sits on a quiet residential block with classic Newark character. With the right vision, it can be transformed into a high-performing income property. The parking availability alone sets it apart rare for the area and highly desirable for tenants. Its proximity to Seton Hall and South Orange adds consistent rental demand and long-term stability. 203k loans and hard money loans are welcome!
Full Property Details
Full Property Details for 316 Ellery Ave
General
- Price: $750,000
- Taxes: $10,133 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4020415
- Updated: 4/14/2026
- Added to Site: 1 day(s) ago
Interior
- Number of Rooms: 16
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 4
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 8
Location
- County: Essex
- Driving Directions: google maps
Heating & Cooling
- Cooling Type: Wall A/C Unit(s)
- Heating Type: 4+ Units
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Natural Gas
Structural Information
- Architectural Style: Fourplex
- Exterior Const.: Wood
- Basement: Yes
- Basement Desc.: Full
- Roof: Asphalt Shingles
- Year Built: 1952
Unit Information
Unit 1
- Unit Description: Bedrooms, Eat-In Kitchen
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Unit Description: Bedrooms, Eat-In Kitchen
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Unit Description: Bedrooms, Eat-In Kitchen
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 4
- Unit Description: Bedrooms, Eat-In Kitchen
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.11
- Lot Dimensions: 49 x 100
- Driveway/Sidewalk: Driveway-Shared
Financial Considerations
- Assessment Amount: $231,600
- Land Assmt: $21,800
- Tax Amount: $10,133
- Tax Year: 2025
Disclosures and Reports
- Block: 4127.01
- Lot Number: 44
Listed by Bhgre Elite
We Value Your Privacy
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We Value Your Privacy
Listing agent
— 316 Ellery Ave —
Bhgre Elite
908-316-8530
NMLS#: 1598647Get Pre-Approved Today
Price & Sales History for 316 Ellery Ave
Tax History
Tax History for 316 Ellery Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$9,637
2%
$253,400
—
2022
$9,467
—
$253,400
—
2021
$9,462
33%
$253,400
—
2021
$7,133
-24%
$253,400
—
2018
$9,358
4%
$253,400
—
2017
$9,021
3%
$253,400
—
2016
$8,717
4%
$253,400
—
2015
$8,385
-12%
$253,400
—
2019
$9,530
27%
$253,400
—
2013
$7,483
—
$253,400
—
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 316 Ellery Ave
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- Condo
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- Updated 40 minutes ago
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- 1Total Bath
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- Closed
- 6Total Beds
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Sold by Keller Williams City Life Realty
Sold by Keller Williams City Life Realty
316 Ellery Ave, Newark, NJ 07106 (MLS# 4020415) is a Multi-Family property with 4 units containing 8 bedrooms, 4 full bathrooms and 1 partial bathroom. 316 Ellery Ave is currently listed for $750,000 and was received on April 13, 2026. Want to learn more about 316 Ellery 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.