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$850,000
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Property Description
Brand-new construction two-family home offering modern design and strong long-term value. The first unit features a spacious duplex layout, ideal for owner-occupants seeking flexibility and rental potential. Open-concept living, contemporary finishes, and quality craftsmanship throughout. Off-street parking included.This property qualifies for a five-year tax abatement, providing meaningful monthly savings and enhanced affordability.Eligible buyers may qualify for a $184,000 HOME Funds grant through the City of Newark, applied toward the purchase to support long-term homeownership. This is not a seller concession. Grant is subject to program guidelines and buyer eligibility, and deed restrictions apply.A rare opportunity to own a newly built, income-producing property with public subsidy and tax benefits in a growing Newark corridor.
Full Property Details
Full Property Details for 721 S 11th St
General
- Price: $850,000
- Taxes: $1,201 (2024)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 3983335
- Updated: 2/17/2026
- Added to Site: 218 day(s) ago
Interior
- Number of Rooms: 13
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 4
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 6
Exterior
- Exterior Features: Patio
Parking
- Garage Description: Built-In Garage
Location
- County: Essex
- Driving Directions: Springfield Ave to S 11th St (one-way toward Springfield). Homes between Avon Ave & Springfield Ave.
School Information
- Elementary School: AVON AVE
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Hot Air
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Natural Gas
Structural Information
- Architectural Style: 3-Three Story
- Exterior Const.: Stone, Vinyl Siding
- Roof: Composition Shingle
- Year Built: 2025
Unit Information
Unit 1
- Unit Description: Bedrooms, Laundry Room, Living/Dining Room, Rec Room, Utility Room
- Square Feet: 2145
- Levels/Stories: 2
- Total Bathrooms: 2
- Bedrooms: 3
Unit 2
- Unit Description: Bedrooms, Laundry Room, Living/Dining Room, Utility Room
- Square Feet: 1367
- Levels/Stories: 1
- Total Bathrooms: 2
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.06
- Lot Dimensions: 28 x 100
- Driveway/Sidewalk: 1 Car Width
Financial Considerations
- Land Assmt: $31,600
- Tax Amount: $1,201
- Tax Year: 2024
Disclosures and Reports
- Block: 2631
- Lot Number: 6
Listed by Exp Realty, Llc
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Schools
Schools serving 721 S 11th St
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
South Seventeenth Street Elementary School 619 South 17th Street, Newark, NJ 07103 | K-4 | 0.5 mi |
Hawthorne Avenue Elementary School 428 Hawthorne Ave, Newark, NJ 07112 | K-6 | 0.8 mi |
Belmont-Runyon Elementary School 1 Belmont Runyon Way, Newark, NJ 07108 | K-8 | 0.9 mi |
Louise A. Spencer Elementary School 66 Muhammad Ali Avenue, Newark, NJ 07108 | PK-8 | 1 mi |
Thirteenth Avenue Elementary School 359 13th Avenue, Newark, NJ 07103 | 5-8 | 1.1 mi |
B.R.I.C.K. Peshine Academy 433 Peshine Avenue, Newark, NJ 07112 | K-8 | 1.1 mi |
George Washington Carver Elementary School 333 Clinton Place, Newark, NJ 07112 | PK-8 | 1.2 mi |
Speedway Academies 701 South Orange Avenue, Newark, NJ 07106 | PK-8 | 1.3 mi |
Chancellor Avenue Elementary School, Newark, NJ 321 Chancellor Avenue, Newark, NJ 07112 | 3-8 | 1.5 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 721 S 11th St
Date
Details
Price
Change
Source
8/26/2025
Listed
$850,000
7489.29%
MLS
5/10/2024
Sold
$11,200
—
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 721 S 11th St
Year
Property Taxes
Change
Tax Assessment
Change
2024
100%
$31,600
—
2023
100%
$31,600
—
2022
100%
$31,600
—
2021
100%
$31,600
—
2019
-100%
$31,600
—
2016
$1,087
4%
$31,600
—
2015
$1,046
12%
$31,600
—
2013
$933
—
$31,600
—
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 721 S 11th St
721 S 11th St, Newark, NJ 07103 (MLS# 3983335) is a Multi-Family property with 2 units containing 6 bedrooms, 4 full bathrooms and 1 partial bathroom. 721 S 11th St is currently listed for $850,000 and was received on August 26, 2025. Want to learn more about 721 S 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.

