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$849,888 Just Listed
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Property Description
Exceptional opportunity to own a well-maintained 2-family home in the heart of Newark's North Ward! This versatile property features two spacious units, each offering 3 bedrooms and 2 full bathrooms, plus a fully finished basement with additional living space and a full bath.Each unit is thoughtfully laid out with generous room sizes, providing comfort and functionality for both owners and tenants alike. The home boasts 5 total bathrooms and separate utilities, making it an ideal setup for investors seeking strong rental potential or owner-occupants looking to offset their mortgage with rental income.The finished basement adds tremendous value, offering bonus space that can be used for a variety of purposes. Located in a convenient commuter-friendly area close to major highways, public transportation, shopping, and local amenities.Whether you're looking to build your portfolio or live in one unit while renting the other, this property checks all the boxes.Don't miss this income-producing opportunity schedule your private showing today!
Full Property Details
Full Property Details for 595-597 N 5th St
General
- Price: $849,888
- Taxes: $10,769 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4017360
- Updated: 3/28/2026
- Added to Site: 5 day(s) ago
Interior
- Number of Rooms: 14
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 5
Bedrooms
- Total Bedrooms: 7
Parking
- Garage: Yes
- Garage Spaces: 1
- Garage Description: Attached Garage
Location
- County: Essex
- Driving Directions: Take Exit toward Bloomfield Ave / Newark North Ward
Heating & Cooling
- Cooling Type: 3 Units, Central Air Conditioning
- Heating Type: 3 Units, Baseboard - Hotwater, Forced Hot Air
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: See Remarks
Structural Information
- Architectural Style: 3-Three Story
- Exterior Const.: Aluminum Siding, Brick
- Basement: Yes
- Basement Desc.: Finished
- Roof: Asphalt Shingles
- Year Built: 1996
Unit Information
Unit 1
- Unit Description: See Remarks
- Levels/Stories: 1
- Total Bathrooms: 2
- Bedrooms: 3
Unit 2
- Unit Description: See Remarks
- Levels/Stories: 1
- Total Bathrooms: 2
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.08
- Lot Dimensions: 34 x 100
- Driveway/Sidewalk: 2 Car Width
Financial Considerations
- Assessment Amount: $219,500
- Land Assmt: $49,800
- Tax Amount: $10,769
- Tax Year: 2025
Disclosures and Reports
- Block: 599
- Lot Number: 49
Listed by Keller Williams Village Square
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Schools
Schools serving 595-597 N 5th St
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
Abington Ave. Elementary School 209 Abington Avenue, Newark, NJ 07107 | PK-8 | 0.1 mi |
First Avenue Elementary School 214 1st Avenue, Newark, NJ 07107 | 5-8 | 0.2 mi |
Rafael Hernandez Elementary School 345 Broadway, Newark, NJ 07104 | PK-4 | 0.9 mi |
Barringer High School 90 Parker Street, Newark, NJ 07104 | 9-12 | 0.9 mi |
Technology High School 223 Broadway, Newark, NJ 07102 | 9-12 | 1 mi |
West Side High School 403 South Orange Avenue, Newark, NJ 07103 | 9-12 | 2.2 mi |
Thirteenth Avenue Elementary School 359 13th Avenue, Newark, NJ 07103 | 5-8 | 2 mi |
Camden Street Elementary School 281 Camden Street, Newark, NJ 07103 | PK-8 | 2.4 mi |
Speedway Academies 701 South Orange Avenue, Newark, NJ 07106 | PK-8 | 2.5 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 595-597 N 5th St
Date
Details
Price
Change
Source
3/28/2026
Listed
$849,888
—
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 595-597 N 5th St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$10,241
2%
$269,300
—
2022
$10,061
—
$269,300
—
2021
$10,041
33%
$269,300
—
2021
$7,567
-24%
$269,300
—
2018
$9,945
4%
$269,300
—
2017
$9,587
3%
$269,300
—
2016
$9,264
4%
$269,300
—
2015
$8,911
-12%
$269,300
—
2019
$10,128
21%
$269,300
—
2014
$8,351
—
$269,300
—
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 595-597 N 5th St
595-597 N 5th St, Newark, NJ 07107 (MLS# 4017360) is a Multi-Family property with 2 units containing 7 bedrooms and 5 full bathrooms. 595-597 N 5th St is currently listed for $849,888 and was received on March 28, 2026. Want to learn more about 595-597 N 5th 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.

