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$499,900
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Property Description
Turn-of-the-century charm meets unlimited potential in this spacious 3-story Brownstone located in the heart of Newark. With over 2,500 sq ft, this 6-bedroom, 2-bath single-family home offers historic details like high ceilings, original plaster crown moldings, parquet floors, and wide-plank pine boards that speak to a bygone era. The property also features a large basement ready to be finished, offering additional living space, storage, or the potential for a rec room, studio, or office. Skyline views from the third floor and room for a private rear patio add to the unique appeal. Being sold as-is, this is a rare opportunity for a creative dreamer or first-time buyer to reimagine a true architectural gem. Located just steps from the iconic Krueger Mansion, this home is surrounded by a wave of development and revitalization. Enjoy being within a 20-min. walk to Whole Foods, NJPAC, Prudential Center, and Newark Penn Station. Own a piece of Newark's history and shape its next chapter.
Full Property Details
Full Property Details for 589 Dr Martin Luther King Jr
General
- Price: $499,900
- Taxes: $5,183 (2024)
- Status: Active
- Type: Single Family
- Source: Garden_State
- MLS ID: 3957639
- Updated: 8/8/2025
- Added to Site: 292 day(s) ago
Interior
- Number of Rooms: 9
- 3rd Floor/Level 3: 3 Bedrooms, Bath(s) Other
- 2nd Floor/Level 2: 3 Bedrooms, Bath Main
- 1st Floor/Level 1: Dining Room, Entrance Vestibule, Foyer, Kitchen, Living Room, OutEntrn
- Street Level: Outside Entrance, Utility Room
- Interior Features: Carbon Monoxide Detector, Fire Extinguisher, High Ceilings, Skylight, Smoke Detector, SoakTub
- Number of Fireplaces: 1
- Fireplace(s): Non-Functional
- Appliances: Carbon Monoxide Detector, See Remarks
- Flooring: Wood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 6
Other Rooms
- Kitchen: See Remarks
- Dining Room: Formal Dining Room
Exterior
- Exterior Features: Curbs, Patio, Sidewalk
- Color: Red
Location
- County: Essex
- Subdivision: University Heights
- Driving Directions: Broad Street to Court Street to Dr. MLK Blvd.
Heating & Cooling
- Cooling Type: No Cooling
- Heating Type: 1 Unit, Radiators - Hot Water
- Heating Fuel: Natural Gas
- Water Heater: Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Natural Gas
Structural Information
- Architectural Style: See Remarks
- Basement: Yes
- Basement Desc.: Full, Walk-Out
- Roof: Flat
- Square Feet: 2,600
- Additional Use: Home-Office
- Year Built: 1895
- Remodeled/Updated: 2005
Lot Features
- Lot Size (Acres): 0.04
- Lot Size: 18.7 x 100
- Driveway/Sidewalk: None
- Zoning: residential
- Lot Description: Irregular Lot
Financial Considerations
- Assessment Amount: $136,300
- Land Assmt: $38,000
- Tax Amount: $5,183
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: none
- Disclosures: Yes
- APN: 1614-02507-0000-00052-0000-
- Block: 2507
- Lot Number: 52
Listed by Re/Max Villa Realtors
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Schools
Schools serving 589 Dr Martin Luther King Jr
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
Quitman Street School 21 Quitman Street, Newark, NJ 07103 | K-8 | 0.2 mi |
Oliver Street Elementary School 86 Oliver Street, Newark, NJ 07105 | PK-8 | 0.7 mi |
South Street Elementary School 44-48 Hermon Street, Newark, NJ 07105 | K-8 | 0.8 mi |
Camden Street Elementary School 281 Camden Street, Newark, NJ 07103 | PK-8 | 0.8 mi |
Cleveland Elementary School 388 Bergen St, Newark, NJ 07103 | K-6 | 0.8 mi |
Lafayette Street Elementary School 205 Lafayette Street, Newark, NJ 07105 | K-8 | 1 mi |
Harriet Tubman Elementary School 504 South 10th Street, Newark, NJ 07103 | PK-4 | 1.1 mi |
Sussex Avenue Elementary School 307 Sussex Avenue, Newark, NJ 07107 | K-4 | 1.3 mi |
Wilson Avenue Elementary School 19 Wilson Ave, Newark, NJ 07108 | K-8 | 1.5 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 589 Dr Martin Luther King Jr
Date
Details
Price
Change
Source
4/19/2025
Listed
$499,900
—
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 589 Dr Martin Luther King Jr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,183
2%
$136,300
—
2022
$5,092
—
$136,300
—
2021
$5,089
33%
$136,300
—
2021
$3,837
-24%
$136,300
—
2018
$5,034
-2%
$136,300
—
2019
$5,126
6%
$136,300
—
2017
$4,852
3%
$136,300
—
2016
$4,689
4%
$136,300
—
2015
$4,510
7%
$136,300
—
2014
$4,227
—
$136,300
—
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 589 Dr Martin Luther King Jr
589 Dr Martin Luther King Jr, Newark, NJ 07102 (MLS# 3957639) is a Single Family property with 6 bedrooms and 2 full bathrooms. 589 Dr Martin Luther King Jr is currently listed for $499,900 and was received on April 19, 2025. Want to learn more about 589 Dr Martin Luther King Jr? 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.

