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$482,500
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Property Description
Brick home on 60x100 lot in Newark's Lake Street corridor, offering exceptional bones, classic architectural character, and a rare 2-car garage. Brick exterior with classical portico entry, decorative lamp post, manicured front grounds, and ornamental iron gate. Formal living room with a fireplace; formal dining room; five bedrooms with a mix of hardwood and carpet flooring. Four bathrooms including full baths with tub and shower combinations. Two-car detached garage. Minutes to downtown Newark, major NJ Transit rail and bus lines, Routes 1/9 & 21, and Garden State Pkwy ideal for NYC commuters and investors alike.
Full Property Details
Full Property Details for 523-525 Lake St
General
- Price: $482,500
- Taxes: $8,901 (2025)
- Status: Active
- Type: Single Family
- Source: Garden_State
- MLS ID: 4054368
- Updated: 9/25/2026
- Added to Site: 16 day(s) ago
Interior
- Number of Rooms: 8
- Number of Fireplaces: 1
- Fireplace(s): Living Room
- Appliances: Gas Range and Oven, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Kitchen: Separate Dining Area
Parking
- Garage: Yes
- Garage Spaces: 2
- Garage Description: Detached Garage
Location
- County: Essex
- Driving Directions: From Garden State Pkwy Exit 149, take I-280 E to Exit 12. Follow Broad St to Lake St. Property at 523-525 Lake St is on the right.
Heating & Cooling
- Cooling Type: See Remarks
- Heating Type: Radiators - Hot Water
- Heating Fuel: Oil Tank Below Ground
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: See Remarks
Structural Information
- Architectural Style: Colonial
- Basement: Yes
- Basement Desc.: Unfinished
- Roof: Asphalt Shingles
- Year Built: 1937
Lot Features
- Lot Size (Acres): 0.14
- Lot Size: 60 x 100
- Driveway/Sidewalk: 1 Car Width
Financial Considerations
- Assessment Amount: $222,600
- Land Assmt: $61,300
- Tax Amount: $8,901
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Disclosures: Yes
- APN: 1614-00633-0000-00010-0000-
- Block: 633
- Lot Number: 10
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Schools
Schools serving 523-525 Lake St
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
First Avenue Elementary School 214 1st Avenue, Newark, NJ 07107 | 5-8 | 0.5 mi |
Rafael Hernandez Elementary School 345 Broadway, Newark, NJ 07104 | PK-4 | 0.6 mi |
Ridge Street Elementary School 735 Ridge Street, Newark, NJ 07104 | 5-8 | 0.8 mi |
Technology High School 223 Broadway, Newark, NJ 07102 | 9-12 | 0.8 mi |
Barringer High School 90 Parker Street, Newark, NJ 07104 | 9-12 | 1 mi |
West Side High School 403 South Orange Avenue, Newark, NJ 07103 | 9-12 | 2.4 mi |
Thirteenth Avenue Elementary School 359 13th Avenue, Newark, NJ 07103 | 5-8 | 2.2 mi |
Camden Street Elementary School 281 Camden Street, Newark, NJ 07103 | PK-8 | 2.5 mi |
Speedway Academies 701 South Orange Avenue, Newark, NJ 07106 | PK-8 | 2.7 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 523-525 Lake St
Date
Details
Price
Change
Source
9/25/2026
Listed
$482,500
—
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 523-525 Lake St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,902
7%
$222,600
—
2022
$8,316
—
$222,600
—
2021
$8,312
33%
$222,600
—
2021
$6,266
-24%
$222,600
—
2018
$8,221
4%
$222,600
—
2017
$7,925
4%
$222,600
—
2016
$7,657
4%
$222,600
—
2015
$7,366
-12%
$222,600
—
2019
$8,372
27%
$222,600
—
2013
$6,573
—
$222,600
—
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 523-525 Lake St
523-525 Lake St, Newark, NJ 07104 (MLS# 4054368) is a Single Family property with 5 bedrooms and 4 full bathrooms. 523-525 Lake St is currently listed for $482,500 and was received on September 25, 2026. Want to learn more about 523-525 Lake St? Do you have questions about finding other Single Family real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.

