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$629,000 Just Listed
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Property Description
Well-maintained 3-family home featuring 3 updated units (1BR / 3BR / 1BR) perfect for investors or owner-occupants seeking rental income. Step onto the inviting front porch and into a spacious foyer. The finished basement with full bath, accessible from the first-floor unit and a separate entrance, offers extra living or rental space. All units were renovated in 2021 with modern bathrooms, tile & laminate flooring, and fully equipped kitchens with granite countertops and stainless steel appliances. Tenants are on month-to-month leases, providing immediate cash flow and flexibility. Conveniently located near Clinton Avenue shops, public transportation, and major highways, with easy access to downtown Newark, Penn Station, and NYC. Turnkey investment with strong income potential don?t miss out! Owner holds an R.E license
Full Property Details
Full Property Details for 45 Hedden Terrace
General
- Price: $629,000
- Taxes: $10,765 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4013825
- Updated: 3/12/2026
- Added to Site: 2 day(s) ago
Interior
- Number of Rooms: 10
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 5
Location
- County: Essex
- Driving Directions: Between Osborne Terrace and Seymore
Heating & Cooling
- Cooling Type: Central Air Conditioning, Multi-Zone Cooling
- Heating Type: Forced Hot Air, Multi-Zone
- 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: See Remarks
- Year Built: 1907
- Remodeled/Updated: 2021
Unit Information
Unit 1
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 3
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room
- Levels/Stories: 3
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.13
- Lot Dimensions: 50 x 115.11
- Driveway/Sidewalk: None
Financial Considerations
- Assessment Amount: $233,100
- Land Assmt: $36,100
- Tax Amount: $10,765
- Tax Year: 2025
Disclosures and Reports
- Exclusions: Pesonal Property
- Disclosures: Yes
- Block: 3026
- Lot Number: 77
Listed by Keller Williams Village Square
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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 |
Malcolm X Shabazz High School 80 Johnson Avenue, Newark, NJ 07108 | 9-12 | 0.6 mi |
Central High School, Newark, NJ 250 18th Avenue, Newark, NJ 07103 | 9-12 | 0.9 mi |
Weequahic High School 279 Chancellor Avenue, Newark, NJ 07112 | 9-12 | 1.1 mi |
Cleveland Elementary School 388 Bergen St, Newark, NJ 07103 | K-6 | 0.9 mi |
Camden Street Elementary School 281 Camden Street, Newark, NJ 07103 | PK-8 | 1.1 mi |
Thirteenth Avenue Elementary School 359 13th Avenue, Newark, NJ 07103 | 5-8 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 45 Hedden Terrace
Date
Details
Price
Change
Source
3/11/2026
Listed
$629,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 45 Hedden Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2024
$10,238
2%
$269,200
—
2022
$10,057
—
$269,200
—
2021
$10,052
33%
$269,200
—
2021
$7,578
-24%
$269,200
—
2018
$9,942
4%
$269,200
—
2017
$9,584
3%
$269,200
—
2016
$9,260
4%
$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# 4013825) is a Multi-Family property with 3 units containing 5 bedrooms and 4 full bathrooms. 45 Hedden Ter is currently listed for $629,000 and was received on March 11, 2026. 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.

