Date
Details
Price
Change
Source
1/29/2026
Listed
$749,999
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property Description
Excellent opportunity to own a well-located 3-family property just minutes from Downtown Newark. The building features three spacious apartments, each offering 3 bedrooms with strong layouts and solid tenant appeal. Currently generating approximately $7,000/month in rental income, this property provides immediate cash flow with significant upside potential through rent optimization or light value-add improvements. Ideal for investors seeking stable passive income in a high-demand rental market with close proximity to transportation, employment hubs, and city amenities.
Full Property Details
Full Property Details for 56 Vanderpool St
General
- Price: $749,999
- Taxes: $10,336 (2024)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4007330
- Updated: 1/29/2026
- Added to Site: 4 day(s) ago
Interior
- Number of Rooms: 19
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 11
Location
- County: Essex
- Driving Directions: Frelinghuysen Ave to Vanderpool
Heating & Cooling
- Cooling Type: Window A/C(s)
- Heating Type: Electric Baseboard
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Natural Gas
Structural Information
- Architectural Style: 3-Three Story
- Exterior Const.: Stone, Vinyl Siding
- Basement: Yes
- Basement Desc.: Full, Unfinished
- Roof: Asphalt Shingles
- Year Built: 1950
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: 1
- Bedrooms: 4
Unit 3
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room
- Levels/Stories: 3
- Total Bathrooms: 1
- Bedrooms: 4
Lot Features
- Lot Size (Acres): 0.06
- Lot Dimensions: 24.6 x 100
- Driveway/Sidewalk: None
Financial Considerations
- Assessment Amount: $226,700
- Land Assmt: $45,100
- Tax Amount: $10,336
- Tax Year: 2024
Disclosures and Reports
- Block: 2791
- Lot Number: 30
Listed by Keller Williams Park Views
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Listing agent
— 56 Vanderpool St —
Keller Williams Park Views
(973) 704-3634
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 56 Vanderpool St
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
Miller Street Elementary School 66 Muhammad Ali Avenue, Newark, NJ 07108 | PK-8 | 0.3 mi |
Belmont-Runyon Elementary School 1 Belmont Runyon Way, Newark, NJ 07108 | K-8 | 0.7 mi |
Cleveland Elementary School 388 Bergen St, Newark, NJ 07103 | K-6 | 0.9 mi |
Malcolm X Shabazz High School 80 Johnson Avenue, Newark, NJ 07108 | 9-12 | 0.3 mi |
Central High School, Newark, NJ 250 18th Avenue, Newark, NJ 07103 | 9-12 | 0.8 mi |
East Side High School 238 Van Buren Street, Newark, NJ 07105 | 9-12 | 1.5 mi |
Oliver Street Elementary School 86 Oliver Street, Newark, NJ 07105 | PK-8 | 0.9 mi |
B.R.I.C.K. Peshine Academy 433 Peshine Avenue, Newark, NJ 07112 | K-8 | 1 mi |
Camden Street Elementary School 281 Camden Street, Newark, NJ 07103 | PK-8 | 1.2 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 56 Vanderpool St
Tax History
Tax History for 56 Vanderpool St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$10,337
2%
$271,800
—
2022
$10,154
—
$271,800
—
2021
$10,149
33%
$271,800
—
2021
$7,651
-15%
$271,800
14%
2019
$9,004
2%
$239,400
—
2018
$8,841
4%
$239,400
—
2017
$8,523
3%
$239,400
—
2016
$8,235
4%
$239,400
—
2015
$7,922
12%
$239,400
—
2013
$7,069
—
$239,400
—
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 56 Vanderpool St
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- Multi-Family
- Active
- Updated 9 days ago
- 11Total Beds
Listed by Keller Williams Park Views
- Multi-Family
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- Duplex
- Active
- Updated 5 hours ago
- 5Beds
- 2Total Baths
Listed by Keller Williams Park Views
- Condo
- Active
- Updated 2 days ago
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- 2Total Baths
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- Townhouse
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- Updated 21 hours ago
- 3Beds
- 3Total Baths
Listed by Pulte Communities of NJ Limited Partnership
- Single Family
- Active
- Updated 3 days ago
- 4Beds
- 3Total Baths
Listed by The Real Estate Company
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- Business
- Active
- Commercial
- Active
- Single Family
- Active
- Updated 6 days ago
- 3Beds
- 1Total Bath
Listed by American Realty Services Group
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- Multi-Family
- Closed
Listed by Coldwell Banker Realty
Sold by Christopher "Chris" Dickson
Sold by Christopher "Chris" Dickson
56 Vanderpool St, Newark, NJ 07114 (MLS# 4007330) is a Multi-Family property with 3 units containing 11 bedrooms and 4 full bathrooms. 56 Vanderpool St is currently listed for $749,999 and was received on January 29, 2026. Want to learn more about 56 Vanderpool 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.