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$949,000
Property Description
A stunning newly constructed multi-family property in the heart of Newark, offering the perfect blend of modern design, functionality, and income potential. This 2024-built, three-story residence is ideal for both owner-occupants and savvy investors seeking immediate returns. This exceptional property features 2 spacious units, each thoughtfully designed with today?s lifestyle in mind. The home offers a total of 6 bedrooms, 4 full baths, and 1 half bath, with beautifully appointed interiors that include open-concept living and dining areas, modern kitchens with stainless steel appliances, and in-unit laundry for added convenience. Each unit boasts generous bedroom sizes, including a primary suite, ample storage, and contemporary finishes throughout, creating a comfortable and stylish living experience. The 1st floor unit includes a fully finished walkout basement, offering additional flexible space perfect for storage, recreation, or future possibilities. Exterior features enhance both curb appeal and functionality, including a private fenced rear yard, patio space, and a built-in garage, a rare find in this area. With separate utilities, central air, and energy-efficient systems, this property is designed for ease of ownership and long-term value. Current rental potential provides strong income, making this a true turnkey investment opportunity. Located near major transportation, shopping, and local amenities in one of Newark?s evolving neighborhoods.
Full Property Details
Full Property Details for 562 N 11th St
General
- Price: $949,000
- Taxes: $1,851 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4016207
- Updated: 3/24/2026
- Added to Site: 10 day(s) ago
Interior
- Number of Rooms: 13
- Interior Features: Carbon Monoxide Detector, Fire Extinguisher, Security System, Smoke Detector, Walk-In Closet
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 4
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 6
Exterior
- Exterior Features: Patio, FencPriv, Sidewalk, FencVnyl
Parking
- Garage: Yes
- Garage Spaces: 2
- Garage Description: Built-In Garage, Garage Under
Location
- County: Essex
- Driving Directions: Bloomfield Avenue to N 11th.
Heating & Cooling
- Cooling Type: 2 Units
- Heating Type: 2 Units
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Natural Gas, Cable TV Available
Structural Information
- Architectural Style: 3-Three Story
- Exterior Const.: Brick, Vinyl Siding
- Basement: Yes
- Basement Desc.: Finished, Full, Walk-Out
- Roof: Asphalt Shingles
- Year Built: 2024
Unit Information
Unit 1
- Unit Description: Bedrooms, Kitchen, Laundry Room, Living/Dining Room, Master Bedroom, Storage
- Levels/Stories: 2
- Total Bathrooms: 3
- Bedrooms: 3
Unit 2
- Unit Description: Bedrooms, Kitchen, Laundry Room, Living/Dining Room, Master Bedroom, Storage
- Levels/Stories: 1
- Total Bathrooms: 2
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.04
- Lot Dimensions: 1875SF 25 x 75
- Driveway/Sidewalk: 1 Car Width
- Zoning: RES
- Lot Description: Level Lot
Financial Considerations
- Expenses: Garbage Collection
- Land Assmt: $46,300
- Tax Amount: $1,851
- Tax Year: 2025
Disclosures and Reports
- Exclusions: Tenants personal property
- Disclosures: Yes
- Block: 700
- Lot Number: 3
Listed by BHHS FOX & ROACH
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Schools
Schools serving 562 N 11th St
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
Abington Ave. Elementary School 209 Abington Avenue, Newark, NJ 07107 | PK-8 | 0.3 mi |
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 | 1.3 mi |
Technology High School 223 Broadway, Newark, NJ 07102 | 9-12 | 1.4 mi |
Barringer High School 90 Parker Street, Newark, NJ 07104 | 9-12 | 1.4 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 | 2.3 mi |
Speedway Academies 701 South Orange Avenue, Newark, NJ 07106 | PK-8 | 2.6 mi |
Camden Street Elementary School 281 Camden Street, Newark, NJ 07103 | PK-8 | 2.8 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 562 N 11th St
Date
Details
Price
Change
Source
3/23/2026
Listed
$949,000
—
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 562 N 11th St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,761
2%
$46,300
—
2022
$1,730
325%
$46,300
—
2021
$407
—
$46,300
116%
2021
$407
-48%
$21,400
—
2018
$790
4%
$21,400
—
2017
$762
4%
$21,400
—
2016
$736
-9%
$21,400
—
2019
$805
14%
$21,400
—
2015
$708
12%
$21,400
—
2013
$632
—
$21,400
—
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 562 N 11th St
562 N 11th St, Newark, NJ 07107 (MLS# 4016207) is a Multi-Family property with 2 units containing 6 bedrooms, 4 full bathrooms and 1 partial bathroom. 562 N 11th St is currently listed for $949,000 and was received on March 23, 2026. Want to learn more about 562 N 11th 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.
