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$650,000 Just Listed
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Property Description
Beautiful 3-Family Home with Excellent Income PotentialThis spacious and well-maintained 3-family home features 3 bedrooms in each unit, plus a bonus room on the 2nd and 3rd floors. The property also includes a full finished basement with a full bath and additional rooms ideal for recreation, storage, or flexible use.Each floor offers a very spacious eat-in kitchen, complete with pantries and abundant closet space. Hardwood floors run throughout the home, adding warmth and character. The property is equipped with three furnaces, and the roof and gutters were replaced in July 2025. The basement is heated with electric baseboard heat.Conveniently located near NJT bus lines, Newark Beth Israel Hospital, and just 10 minutes from Newark International Airport, this home is ideal for both homeowners and investors.With strong rental potential, the property can generate close to $7,000 per month in rental income. It will be delivered with two units vacant, offering immediate flexibility for occupancy or rental. Owners are looking to close by April 31.
Full Property Details
Full Property Details for 42 Seymour Ave
General
- Price: $650,000
- Taxes: $5,213 (2024)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4009103
- Updated: 2/14/2026
- Added to Site: 4 day(s) ago
Interior
- Number of Rooms: 12
- Interior Features: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, Tile Floors, Wood Floors
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 9
Exterior
- Color: white
Location
- County: Essex
- Driving Directions: Springfield to Avon ave to Seymour
Heating & Cooling
- Cooling Type: No Cooling
- Heating Type: Baseboard - Hotwater
- Heating Fuel: Natural Gas
- Water Heater: From Furnace
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Gas In Street
Structural Information
- Architectural Style: 3-Three Story
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Finished, Full, Walk-Out
- Roof: Asphalt Shingles
- Year Built: 9999
Unit Information
Unit 1
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room, Pantry
- Square Feet: 9999
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 2
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room, Pantry
- Square Feet: 9999
- Levels/Stories: 2
- Total Bathrooms: 1
- Bedrooms: 3
Unit 3
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room, Pantry
- Square Feet: 9999
- Levels/Stories: 3
- Total Bathrooms: 1
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.07
- Lot Dimensions: 25 x 122
- Driveway/Sidewalk: On-Street Parking
Financial Considerations
- Operating Expenses: $9,999
- Assessment Amount: $124,900
- Land Assmt: $12,200
- Tax Amount: $5,213
- Tax Year: 2024
Disclosures and Reports
- Exclusions: Occupants belongings
- Disclosures: Yes
- Block: 2657
- Lot Number: 37
Listed by Exit Platinum Realty
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Schools
Schools serving 42 Seymour Ave
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
Avon Avenue School 219 Avon Avenue, Newark, NJ 07108 | 7-8 | 0.1 mi |
Belmont-Runyon Elementary School 1 Belmont Runyon Way, Newark, NJ 07108 | K-8 | 0.5 mi |
Cleveland Elementary School 388 Bergen St, Newark, NJ 07103 | K-6 | 0.6 mi |
Malcolm X Shabazz High School 80 Johnson Avenue, Newark, NJ 07108 | 9-12 | 0.5 mi |
Central High School, Newark, NJ 250 18th Avenue, Newark, NJ 07103 | 9-12 | 0.6 mi |
West Side High School 403 South Orange Avenue, Newark, NJ 07103 | 9-12 | 1.3 mi |
Camden Street Elementary School 281 Camden Street, Newark, NJ 07103 | PK-8 | 0.8 mi |
B.R.I.C.K. Peshine Academy 433 Peshine Avenue, Newark, NJ 07112 | K-8 | 0.8 mi |
Thirteenth Avenue Elementary School 359 13th Avenue, Newark, NJ 07103 | 5-8 | 1.3 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 42 Seymour Ave
Date
Details
Price
Change
Source
2/10/2026
Listed
$650,000
261.11%
MLS
9/14/2018
Sold
$180,000
—
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 42 Seymour Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,214
2%
$137,100
—
2022
$5,122
—
$137,100
—
2021
$5,119
33%
$137,100
—
2021
$3,859
-25%
$137,100
—
2019
$5,156
2%
$137,100
—
2018
$5,063
4%
$137,100
—
2017
$4,881
3%
$137,100
—
2016
$4,716
4%
$137,100
—
2015
$4,537
12%
$137,100
—
2013
$4,049
—
$137,100
—
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 42 Seymour Ave
42 Seymour Ave, Newark, NJ 07108 (MLS# 4009103) is a Multi-Family property with 3 units containing 9 bedrooms and 4 full bathrooms. 42 Seymour Ave is currently listed for $650,000 and was received on February 10, 2026. Want to learn more about 42 Seymour 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.

