45 Hedden Ter, Newark, NJ 07108 - Photo 1

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$689,000

For Sale
Active
Multi-Family
5 Total Beds

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Property Description

SELLER OFFERS A $10,000 BONUS FOR OFFER SUBMITTED BEFORE 12/31/2025 AND 30 DAYS CLOSING!!!! Discover this well-maintained 3-family property in the heart of Newark's South Ward, offering a great mix of comfort and convenience. This spacious home features three updated units (1BR / 3BR / 1BR) perfect for both investors and owner-occupants looking for rental income potential.Step inside to a welcoming front porch and a large foyer that sets the tone for the property's charm. The finished basement, accessible from both the first-floor unit and a separate exterior entrance, features a full bathroom and tile flooring, making it ideal for additional living or recreational space.All units were tastefully renovated in 2021, featuring:Modern bathroomsTile and laminate flooring throughout the living areasFully loaded kitchens with granite countertops and stainless steel appliancesTenants are currently on month-to-month leases, giving flexibility for new ownership.Conveniently located near Clinton Avenue shops, public transportation, and major highways, this property offers easy access to downtown Newark, Penn Station, and New York City making commuting a breeze.Whether you're seeking a solid investment or a place to call home while generating income, 45 Hedden Terrace is an opportunity you don't want to miss!

Full Property Details

Full Property Details for 45 Hedden Terrace

General

Price: $689,000
Taxes: $10,237 (2024)
Status: Active
Type: Multi-Family
Source: Garden_State
MLS ID: 3996556
Updated: 12/12/2025
Added to Site: 70 day(s) ago

Interior

Number of Rooms: 8

Rooms

Bathrooms

Total Bathrooms: 4
Full Bathrooms: 4

Bedrooms

Total Bedrooms: 5

Location

County: Essex
Driving Directions: Between Clinton Ave & W. Runyon St and Between Osborne Terrace & Seymour Ave.

Heating & Cooling

Cooling Type: 3 Units, Central Air Conditioning
Heating Type: 3 Units, Forced Hot Air
Heating Fuel: Natural Gas

Utilities

Sewer: Public Sewer
Water: Public Water
Utility Description: Natural Gas

Structural Information

Architectural Style: 3-Three Story
Exterior Const.: Vinyl Siding
Basement: Yes
Basement Desc.: Finished, Full
Roof: Asphalt Shingles
Year Built: 1950
Remodeled/Updated: 2021

Unit Information

Unit 1

Unit Description: Bedrooms, Eat-In Kitchen, Living Room
Square Feet: 9999
Levels/Stories: 1
Total Bathrooms: 1
Bedrooms: 1

Unit 2

Unit Description: Bedrooms, Eat-In Kitchen, Living Room
Square Feet: 9999
Levels/Stories: 2
Total Bathrooms: 1
Bedrooms: 3

Unit 3

Unit Description: Bedrooms, Eat-In Kitchen, Living Room
Square Feet: 9999
Levels/Stories: 3
Total Bathrooms: 1
Bedrooms: 1

Lot Features

Lot Size (Acres): 0.13
Lot Dimensions: 50 x 115.11
Driveway/Sidewalk: On-Street Parking

Financial Considerations

Operating Expenses: $9,999,999
Assessment Amount: $233,100
Land Assmt: $36,100
Tax Amount: $10,237
Tax Year: 2024

Disclosures and Reports

Block: 3026
Lot Number: 77

Listed by Imperial Home Sales, Inc.

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— 45 Hedden Terrace —

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973-743-1777

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Schools

Schools serving 45 Hedden Terrace

School District:Newark City School District

Name	Grades	Distance
Belmont-Runyon Elementary School 1 Belmont Runyon Way, Newark, NJ 07108	K-8	0.4 mi
Hawthorne Avenue Elementary School 428 Hawthorne Ave, Newark, NJ 07112	K-6	0.4 mi
B.R.I.C.K. Peshine Academy 433 Peshine Avenue, Newark, NJ 07112	K-8	0.6 mi
George Washington Carver Elementary School 333 Clinton Place, Newark, NJ 07112	PK-8	0.8 mi
Louise A. Spencer Elementary School 66 Muhammad Ali Avenue, Newark, NJ 07108	PK-8	0.9 mi
South Seventeenth Street Elementary School 619 South 17th Street, Newark, NJ 07103	K-4	1 mi
Chancellor Avenue Elementary School, Newark, NJ 321 Chancellor Avenue, Newark, NJ 07112	3-8	1.1 mi
Thirteenth Avenue Elementary School 359 13th Avenue, Newark, NJ 07103	5-8	1.5 mi
Speedway Academies 701 South Orange Avenue, Newark, NJ 07106	PK-8	1.8 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 45 Hedden Terrace Get Price Alerts and Save Property

Date

Details

Price

Change

Source

12/11/2025

Price Reduced

$689,000

-1.43%

MLS

11/06/2025

Listed

$699,000

—

MLS

Get Price Alerts and Save Property

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 45 Hedden Terrace

Year

Property Taxes

Change

Tax Assessment

Change

2024

$10,238

$269,200

—

2022

$10,057

—

$269,200

—

2021

$10,052

33%

$269,200

—

2021

$7,578

-24%

$269,200

—

2018

$9,942

$269,200

—

2017

$9,584

$269,200

—

2016

$9,260

$269,200

—

2015

$8,908

-12%

$269,200

—

2019

$10,125

27%

$269,200

—

2013

$7,949

—

$269,200

—

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 45 Hedden Terrace

45 Hedden Ter, Newark, NJ 07108 (MLS# 3996556) is a Multi-Family property with 3 units containing 5 bedrooms and 4 full bathrooms. 45 Hedden Ter is currently listed for $689,000 and was received on November 06, 2025. Want to learn more about 45 Hedden Ter? 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.

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45 Hedden Terrace Newark, NJ 07108

Full Property Details for 45 Hedden Terrace

General

Interior

Rooms

Bathrooms

Bedrooms

Location

Heating & Cooling

Utilities

Structural Information

Unit Information

Unit 1

Unit 2

Unit 3

Lot Features

Financial Considerations

Disclosures and Reports

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Quickly Find Out More

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Schools serving 45 Hedden Terrace

Price & Sales History for 45 Hedden Terrace Get Price Alerts and Save Property

Tax History for 45 Hedden Terrace

Estimate the Cost for 45 Hedden Terrace

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