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$491,000 Just Listed
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Property Description
Take this opportunity to own a large Multi-family home in North Newark. Needs Work Short Sale buyer responsible for all city inspections and fire inspection
Full Property Details
Full Property Details for 71 N 5th St
General
- Price: $491,000
- Taxes: $13,012 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4030637
- Updated: 5/28/2026
- Added to Site: 1 day(s) ago
Interior
- Number of Rooms: 15
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 8
Parking
- Garage Description: On-Street Parking
Location
- County: Essex
- Driving Directions: Central Avenue to N 5th Street
Heating & Cooling
- Cooling Type: Window A/C(s)
- Heating Type: See Remarks
- Heating Fuel: Natural Gas
- Water Heater: Gas
Utilities
- Sewer: Public Sewer
- Water: See Remarks
- Utility Description: Natural Gas
Structural Information
- Architectural Style: 3-Three Story
- Exterior Const.: Aluminum Siding
- Basement: Yes
- Basement Desc.: Full
- Roof: Asphalt Shingles
- Year Built: 9999
Unit Information
Unit 1
- Unit Description: Bedrooms, Eat-In Kitchen, Kitchen, Living Room
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 2
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 3
- Unit Description: Bedrooms, Eat-In Kitchen, Kitchen, Living Room
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.06
- Lot Dimensions: 25 x 96
- Driveway/Sidewalk: On-Street Parking
Financial Considerations
- Expenses: Cold Water, Garbage Collection, Insurance, Taxes
- Assessment Amount: $304,600
- Land Assmt: $20,800
- Tax Amount: $13,012
- Tax Year: 2025
Disclosures and Reports
- Disclosures: Yes
- Block: 1876
- Lot Number: 40
Listed by Weichert Realtors
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Schools
Schools serving 71 N 5th St
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
Sussex Avenue Elementary School 307 Sussex Avenue, Newark, NJ 07107 | K-4 | 0.1 mi |
Thirteenth Avenue Elementary School 359 13th Avenue, Newark, NJ 07103 | 5-8 | 0.7 mi |
Camden Street Elementary School 281 Camden Street, Newark, NJ 07103 | PK-8 | 1 mi |
Barringer High School 90 Parker Street, Newark, NJ 07104 | 9-12 | 0.7 mi |
West Side High School 403 South Orange Avenue, Newark, NJ 07103 | 9-12 | 0.9 mi |
Technology High School 223 Broadway, Newark, NJ 07102 | 9-12 | 1.2 mi |
First Avenue Elementary School 214 1st Avenue, Newark, NJ 07107 | 5-8 | 1.2 mi |
Cleveland Elementary School 388 Bergen St, Newark, NJ 07103 | K-6 | 1.3 mi |
Speedway Academies 701 South Orange Avenue, Newark, NJ 07106 | PK-8 | 1.4 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 71 N 5th St
Date
Details
Price
Change
Source
5/28/2026
Listed
$491,000
-0.81%
MLS
10/22/2021
Sold
$495,000
—
Public Record
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 71 N 5th St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$12,375
47%
$325,400
—
2022
$8,440
—
$325,400
44%
2021
$8,435
33%
$225,900
—
2021
$6,359
1%
$225,900
32%
2018
$6,304
-37%
$170,700
-36%
2019
$10,019
65%
$266,400
56%
2017
$6,077
3%
$170,700
—
2016
$5,872
4%
$170,700
—
2015
$5,648
12%
$170,700
—
2013
$5,041
—
$170,700
—
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 71 N 5th St
71 N 5th St, Newark, NJ 07107 (MLS# 4030637) is a Multi-Family property with 3 units containing 8 bedrooms and 3 full bathrooms. 71 N 5th St is currently listed for $491,000 and was received on May 28, 2026. Want to learn more about 71 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.

