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$725,000

  • For Sale
  • Active
  • Multi-Family
  • 9 Total Beds
  • 1 Car Garage
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Presenting a rare three-family home in the heart of Newark's Lower Vailsburg, an evolving neighborhood. This versatile property spans three unique units, complete with a detached garage and drive access. Whether you're an investor seeking rental income or a homeowner looking for rental income, this gem offers endless opportunity. Positioned in a lively, walkable community,

Full Property Details for 48 Cedar Ave

General

  • Price: $725,000
  • Taxes: $3,898 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: Garden_State
  • MLS ID: 3982594
  • Updated: 8/24/2025
  • Added to Site: 148 day(s) ago

Interior

  • Number of Rooms: 16

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 9

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Garage Description: Detached Garage

Location

  • County: Essex
  • Driving Directions: Between Mountain ave & Arsdale Pl

Heating & Cooling

  • Cooling Type: Window A/C(s)
  • Heating Type: 3 Units
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water
  • Utility Description: Electric, Natural Gas

Structural Information

  • Architectural Style: 2-Two Story
  • Exterior Const.: Wood
  • Basement: Yes
  • Basement Desc.: Finished, Full
  • Roof: Asphalt Shingles
  • Year Built: 1930

Unit Information

Unit 1

  • Unit Description: Bedrooms, Dining Room, Living Room
  • Levels/Stories: 1
  • Total Bathrooms: 1
  • Bedrooms: 3

Unit 2

  • Unit Description: Bedrooms, Dining Room, Living Room
  • Levels/Stories: 1
  • Total Bathrooms: 1
  • Bedrooms: 3

Unit 3

  • Unit Description: Bedrooms, Dining Room, Living Room
  • Levels/Stories: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.09
  • Lot Dimensions: 37.6 x 100
  • Driveway/Sidewalk: 1 Car Width

Financial Considerations

  • Assessment Amount: $257,100
  • Land Assmt: $12,800
  • Tax Amount: $3,898
  • Tax Year: 2024

Disclosures and Reports

  • Block: 4214
  • Lot Number: 35

Listed by The Real Estate Company

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Listing agent

— 48 Cedar Ave —

  • The Real Estate Company

908-686-7800

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 48 Cedar Ave

School District:Newark City School District
NameGradesDistance
Speedway Academies
701 South Orange Avenue, Newark, NJ 07106
PK-80.2 mi
Lincoln Elementary School, Newark, NJ
87 Richelieu Terrace, Newark, NJ 07106
K-80.9 mi
South Seventeenth Street Elementary School
619 South 17th Street, Newark, NJ 07103
K-40.9 mi
Thirteenth Avenue Elementary School
359 13th Avenue, Newark, NJ 07103
5-81.1 mi
Ivy Hill Elementary School
107 Ivy Street, Newark, NJ 07106
PK-81.2 mi
Mount Vernon Elementary School
142 Mount Vernon Place, Newark, NJ 07106
PK-81.5 mi
Hawthorne Avenue Elementary School
428 Hawthorne Ave, Newark, NJ 07112
K-62 mi
Louise A. Spencer Elementary School
66 Muhammad Ali Avenue, Newark, NJ 07108
PK-82.2 mi
Belmont-Runyon Elementary School
1 Belmont Runyon Way, Newark, NJ 07108
K-82.3 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 48 Cedar Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/22/2025
Listed
$725,000
-1.36%
MLS
5/03/2024
Sold
$735,000
—
Public Record
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 for 48 Cedar Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$10,014
180%
$269,900
163%
2023
$3,571
—
$102,500
—
2022
$3,579
3%
$102,500
—
2021
$3,475
34%
$102,500
—
2021
$2,596
-27%
$102,500
—
2018
$3,535
4%
$102,500
—
2017
$3,399
-6%
$102,500
—
2019
$3,605
10%
$102,500
—
2016
$3,276
4%
$102,500
—
2015
$3,142
7%
$102,500
—
2014
$2,929
—
$102,500
—
View All
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 for 48 Cedar Ave

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by The Real Estate Company

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48 Cedar Ave, Newark, NJ 07106 (MLS# 3982594) is a Multi-Family property with 3 units containing 9 bedrooms and 3 full bathrooms. 48 Cedar Ave is currently listed for $725,000 and was received on August 21, 2025. Want to learn more about 48 Cedar 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.

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