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$924,999
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Property Description
Turn-key, newer construction two-family home, just two years old, offering strong income potential, flexibility, and long-term tax savings. Unit 1 features 5 bedrooms and 3 full bathrooms, with a finished basement. Unit 2 offers 3 bedrooms and 2 full bathrooms and is currently tenant-occupied, providing immediate rental income. The property includes a 2-car garage and private driveway parking located on the left side. Approximately three years remain on the existing tax abatement, offering significant savings to the next Owner. Excellent opportunity for Owner-occupants looking to offset mortgage expenses or investors seeking a low-maintenance, income-producing property.
Full Property Details
Full Property Details for 319 Renner Ave
General
- Price: $924,999
- Taxes: $999 (2024)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4008899
- Updated: 2/10/2026
- Added to Site: 15 day(s) ago
Interior
- Number of Rooms: 13
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 5
Bedrooms
- Total Bedrooms: 8
Parking
- Garage Description: Garage Parking
Location
- County: Essex
- Driving Directions: Turn right onto Renner Ave
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Hot Air, See Remarks
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: All Underground
Structural Information
- Architectural Style: 3-Three Story
- Exterior Const.: See Remarks
- Basement: Yes
- Basement Desc.: Finished
- Roof: See Remarks
- Year Built: 2024
Unit Information
Unit 1
- Unit Description: See Remarks
- Levels/Stories: 2
- Total Bathrooms: 2
- Bedrooms: 3
Unit 2
- Unit Description: See Remarks
- Levels/Stories: 3
- Total Bathrooms: 2
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.09
- Lot Dimensions: 39.10 x 100
- Driveway/Sidewalk: 2 Car Width
Financial Considerations
- Operating Expenses: $999
- Assessment Amount: $407,900
- Land Assmt: $29,400
- Tax Amount: $999
- Tax Year: 2024
Disclosures and Reports
- Block: 3620
- Lot Number: 25
Listed by Keller Williams Village Square
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Schools
Schools serving 319 Renner Ave
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
George Washington Carver Elementary School 333 Clinton Place, Newark, NJ 07112 | PK-8 | 0.2 mi |
B.R.I.C.K. Peshine Academy 433 Peshine Avenue, Newark, NJ 07112 | K-8 | 0.5 mi |
Belmont-Runyon Elementary School 1 Belmont Runyon Way, Newark, NJ 07108 | K-8 | 0.7 mi |
Weequahic High School 279 Chancellor Avenue, Newark, NJ 07112 | 9-12 | 0.5 mi |
Malcolm X Shabazz High School 80 Johnson Avenue, Newark, NJ 07108 | 9-12 | 1.1 mi |
Central High School, Newark, NJ 250 18th Avenue, Newark, NJ 07103 | 9-12 | 1.5 mi |
Cleveland Elementary School 388 Bergen St, Newark, NJ 07103 | K-6 | 1.5 mi |
Camden Street Elementary School 281 Camden Street, Newark, NJ 07103 | PK-8 | 1.7 mi |
Speedway Academies 701 South Orange Avenue, Newark, NJ 07106 | PK-8 | 2.1 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 319 Renner Ave
Date
Details
Price
Change
Source
2/05/2026
Listed
$924,999
8.82%
MLS
5/09/2024
Sold
$850,000
—
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 319 Renner Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$16,631
1415%
$437,300
1387%
2022
$1,098
—
$29,400
—
2021
$1,098
33%
$29,400
—
2021
$828
-24%
$29,400
—
2018
$1,086
4%
$29,400
—
2017
$1,047
4%
$29,400
—
2016
$1,011
4%
$29,400
—
2015
$973
-12%
$29,400
—
2019
$1,106
27%
$29,400
—
2013
$868
—
$29,400
—
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 319 Renner Ave
319 Renner Ave, Newark, NJ 07112 (MLS# 4008899) is a Multi-Family property with 2 units containing 8 bedrooms and 5 full bathrooms. 319 Renner Ave is currently listed for $924,999 and was received on February 05, 2026. Want to learn more about 319 Renner 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.

