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$584,900 Just Listed
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Property Description
Recently renovated two-family home offering a fantastic opportunity for both owner-occupants and savvy investors! The first-floor unit features 3 bedrooms and 1 full bath, while the second-floor unit boasts 3 bedroom and 2 full baths. Large rooms and central heat for added value. An excellent property for generating rental income while enjoying the benefit of multi-family ownership. Conveniently located near public trasportation, houses of worship, shopping and everyday conveniences. Very low taxes for a multi-family property add to the appeal. Easy to show-don't miss this great investment opportunity.
Full Property Details
Full Property Details for 487 S 17th St
General
- Price: $584,900
- Taxes: $5,126 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4047777
- Updated: 8/19/2026
- Added to Site: 3 day(s) ago
Interior
- Number of Rooms: 10
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 6
Parking
- Garage Description: None
Location
- County: Essex
- Driving Directions: 15th Ave. to S 17th St.
Heating & Cooling
- Cooling Type: Window A/C(s)
- Heating Type: 2 Units, Forced Hot Air
- Heating Fuel: Natural Gas
- Water Heater: Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Natural Gas
Structural Information
- Architectural Style: 2-Two Story
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Full, Unfinished
- Roof: Asphalt Shingles
- Year Built: 9999
Unit Information
Unit 1
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 2
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room
- Levels/Stories: 2
- Total Bathrooms: 2
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.06
- Lot Dimensions: 25 x 100
- Driveway/Sidewalk: None
- Lot Description: Level Lot
Financial Considerations
- Assessment Amount: $96,900
- Land Assmt: $31,300
- Tax Amount: $5,126
- Tax Year: 2025
Disclosures and Reports
- Block: 326
- Lot Number: 55
Listed by Realty One Group Legend
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Schools
Schools serving 487 S 17th St
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
South Seventeenth Street Elementary School 619 South 17th Street, Newark, NJ 07103 | K-4 | 0.4 mi |
Speedway Academies 701 South Orange Avenue, Newark, NJ 07106 | PK-8 | 0.6 mi |
Thirteenth Avenue Elementary School 359 13th Avenue, Newark, NJ 07103 | 5-8 | 0.6 mi |
West Side High School 403 South Orange Avenue, Newark, NJ 07103 | 9-12 | 0.3 mi |
Central High School, Newark, NJ 250 18th Avenue, Newark, NJ 07103 | 9-12 | 1 mi |
Malcolm X Shabazz High School 80 Johnson Avenue, Newark, NJ 07108 | 9-12 | 1.6 mi |
Camden Street Elementary School 281 Camden Street, Newark, NJ 07103 | PK-8 | 0.7 mi |
Cleveland Elementary School 388 Bergen St, Newark, NJ 07103 | K-6 | 0.9 mi |
Lincoln Elementary School, Newark, NJ 87 Richelieu Terrace, Newark, NJ 07106 | K-8 | 1.4 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 487 S 17th St
Date
Details
Price
Change
Source
8/19/2026
Listed
$584,900
—
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 487 S 17th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,127
7%
$128,200
—
2023
$4,779
—
$128,200
—
2022
$4,790
—
$128,200
—
2021
$4,787
33%
$128,200
—
2021
$3,609
-25%
$128,200
—
2019
$4,822
2%
$128,200
—
2018
$4,734
4%
$128,200
—
2017
$4,564
3%
$128,200
—
2016
$4,410
4%
$128,200
—
2015
$4,242
12%
$128,200
—
2013
$3,786
—
$128,200
—
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 487 S 17th St
487 S 17th St, Newark, NJ 07103 (MLS# 4047777) is a Multi-Family property with 2 units containing 6 bedrooms and 3 full bathrooms. 487 S 17th St is currently listed for $584,900 and was received on August 19, 2026. Want to learn more about 487 S 17th St? 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.

