Date
Details
Price
Change
Source
1/24/2026
Listed
$1,275,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$1,275,000 Just Listed
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Property Description
Large lot-located in the heart of the Lincoln Park Historic District, this renovated three-family property offers exceptional flexibility for investors, developers, or owner-occupants seeking immediate income with long-term upside. While the property itself is not historically designated, it is uniquely situated between two historic buildings, benefiting from the character and prestige of the district without the limitations of landmark restrictions.The building was reconfigured from a former rooming house into three spacious units, each featuring central heating and cooling, in-unit washer and dryer, and well-designed layouts. Oversized windows flood the interior with natural light, while select stained-glass accents enhance charm and marketability. The third floor unit bedrooms have NYC skyline views. A standout feature is the exceptionally large backyard, a rare offering in this location that presents multiple opportunities for future expansion or redevelopment- Lincoln Park District book attached. This makes the property ideal for an owner-occupant looking to live in one unit while generating rental income from the others, with future plans to extend or extend the property. The seller is open to concessions. A rare chance to secure a versatile asset near Downtown Newark.
Full Property Details
Full Property Details for 696 Dr Martin Luther King J
General
- Price: $1,275,000
- Taxes: $8,146 (2024)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4006665
- Updated: 1/24/2026
- Added to Site: 2 day(s) ago
Interior
- Number of Rooms: 21
- Interior Features: Carbon Monoxide Detector, Chandelier, Smoke Detector, Stain Glass Windows, Walk-In Closet, Wood Floors
Rooms
Bathrooms
- Total Bathrooms: 7
- Full Bathrooms: 6
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 9
Exterior
- Color: Grey
Location
- County: Essex
- Driving Directions: Clinton Ave to MLK Blvd
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Hot Air
- Heating Fuel: Natural Gas
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: All Underground
Structural Information
- Architectural Style: 3-Three Story
- Exterior Const.: Stucco
- Basement: Yes
- Basement Desc.: Finished
- Roof: Asphalt Shingles
- Year Built: 2026
- Remodeled/Updated: 2026
Unit Information
Unit 1
- Unit Description: Bedrooms, Eat-In Kitchen, Laundry Room, Living Room, Master Bedroom, Utility Room
- Square Feet: 1440
- Levels/Stories: 2
- Fireplaces: 1
- Total Bathrooms: 2
- Bedrooms: 4
Unit 2
- Unit Description: Bedrooms, Eat-In Kitchen, Laundry Room, Living Room
- Square Feet: 1370
- Levels/Stories: 1
- Total Bathrooms: 2
- Bedrooms: 3
Unit 3
- Unit Description: Bedrooms, Eat-In Kitchen, Laundry Room, Living Room
- Square Feet: 1180
- Levels/Stories: 1
- Total Bathrooms: 2
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.13
- Lot Dimensions: 35 x 162
- Driveway/Sidewalk: 1 Car Width, Off-Street Parking
- Zoning: Res/Comm
Financial Considerations
- Assessment Amount: $154,700
- Land Assmt: $59,500
- Tax Amount: $8,146
- Tax Year: 2024
Disclosures and Reports
- Block: 121
- Lot Number: 10
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
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Schools
Schools serving 696 Dr Martin Luther King J
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 | 0.6 mi |
Cleveland Elementary School 388 Bergen St, Newark, NJ 07103 | K-6 | 0.7 mi |
Central High School, Newark, NJ 250 18th Avenue, Newark, NJ 07103 | 9-12 | 0.6 mi |
Malcolm X Shabazz High School 80 Johnson Avenue, Newark, NJ 07108 | 9-12 | 0.8 mi |
East Side High School 238 Van Buren Street, Newark, NJ 07105 | 9-12 | 1.3 mi |
Camden Street Elementary School 281 Camden Street, Newark, NJ 07103 | PK-8 | 0.9 mi |
Lafayette Street Elementary School 205 Lafayette Street, Newark, NJ 07105 | K-8 | 1 mi |
Belmont-Runyon Elementary School 1 Belmont Runyon Way, Newark, NJ 07108 | K-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 696 Dr Martin Luther King J
Estimate the Cost
Estimate the Cost for 696 Dr Martin Luther King J
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- Multi-Family
- Active
- Updated 11 days ago
- 9Total Beds
Listed by JD FRANCES REALTY & G.R.
- Multi-Family
- Active
- Updated 11 days ago
- 9Total Beds
Listed by JD Frances Realty
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Listed by Keller Williams Elite Realtors
- Multi-Family
- Active
- 9Total Beds
Listed by JD FRANCES REALTY & G.R.
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- Single Family
- Active
- Updated 6 days ago
- 3Beds
- 2Total Baths
Listed by Homesmart First Advantage Realty
- Duplex
- Active
- Updated 2 days ago
- 5Beds
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Listed by Royal Crown Realty, Inc.
- Multi-Family
- Active
- Updated 2 days ago
- 5Total Beds
Listed by Royal Crown Realty
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- Single Family
- Active
- Updated 3 days ago
- 4Beds
- 3Total Baths
Listed by Campodonico Realty Llc
- Duplex
- Active
- Updated 5 days ago
- 4Beds
- 4Total Baths
Listed by RE/MAX Professionals 1
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696 Dr Martin Luther King J, Newark, NJ 07102 (MLS# 4006665) is a Multi-Family property with 3 units containing 9 bedrooms, 6 full bathrooms and 1 partial bathroom. 696 Dr Martin Luther King J is currently listed for $1,275,000 and was received on January 24, 2026. This property is listed by Imani McClendon from our Maplewood Office.Want to learn more about 696 Dr Martin Luther King J? 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.