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$800,000
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Property Description
Exceptional 3-unit property offering strong rental income potential. The 1st floor unit features 4 bedrooms, 1 bathroom, a spacious living room, formal dining room, and an eat-in kitchen. The 2nd floor mirrors the same layout, offering 4 bedrooms, 1 bathroom, living room, dining room, and an eat-in kitchen. The 3rd floor unit includes 1 bedroom, 1 bathroom, a comfortable living room, dining room, and an eat-in kitchen, ideal for added rental income or extended living arrangements.All units offer separate utilities, and the property provides street parking for tenants. Conveniently located near major highways, public transportation, schools, and shopping. A solid investment opportunity with spacious units and excellent long-term value.
Full Property Details
Full Property Details for 78 Treacy Ave
General
- Price: $800,000
- Taxes: $5,495 (2024)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 3998974
- Updated: 12/12/2025
- Added to Site: 56 day(s) ago
Interior
- Number of Rooms: 13
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 10
Parking
- Garage Description: See Remarks
Location
- County: Essex
- Driving Directions: On Treacy Ave
Heating & Cooling
- Cooling Type: 3 Units
- Heating Type: 3 Units, Baseboard - Hotwater, Forced Hot Air
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Natural Gas
Structural Information
- Architectural Style: 3-Three Story
- Exterior Const.: Aluminum Siding
- Basement: Yes
- Basement Desc.: Full
- Roof: Asphalt Shingles
- Year Built: 1907
Unit Information
Unit 1
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room, Master Bedroom
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 4
Unit 2
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room, Master Bedroom
- Levels/Stories: 2
- Total Bathrooms: 1
- Bedrooms: 4
Unit 3
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room, Master Bedroom
- Levels/Stories: 3
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.08
- Lot Dimensions: 32 x 111
- Driveway/Sidewalk: On-Street Parking
Financial Considerations
- Assessment Amount: $131,900
- Land Assmt: $12,600
- Tax Amount: $5,495
- Tax Year: 2024
Disclosures and Reports
- Exclusions: Personal Property
- Block: 3002
- Lot Number: 48
Listed by Weichert Realtors
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Schools
Schools serving 78 Treacy Ave
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
Belmont-Runyon Elementary School 1 Belmont Runyon Way, Newark, NJ 07108 | K-8 | 0.5 mi |
Hawthorne Avenue Elementary School 428 Hawthorne Ave, Newark, NJ 07112 | K-6 | 0.6 mi |
Louise A. Spencer Elementary School 66 Muhammad Ali Avenue, Newark, NJ 07108 | PK-8 | 0.8 mi |
South Seventeenth Street Elementary School 619 South 17th Street, Newark, NJ 07103 | K-4 | 0.8 mi |
B.R.I.C.K. Peshine Academy 433 Peshine Avenue, Newark, NJ 07112 | K-8 | 0.8 mi |
George Washington Carver Elementary School 333 Clinton Place, Newark, NJ 07112 | PK-8 | 1 mi |
Thirteenth Avenue Elementary School 359 13th Avenue, Newark, NJ 07103 | 5-8 | 1.3 mi |
Chancellor Avenue Elementary School, Newark, NJ 321 Chancellor Avenue, Newark, NJ 07112 | 3-8 | 1.3 mi |
Speedway Academies 701 South Orange Avenue, Newark, NJ 07106 | PK-8 | 1.6 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 78 Treacy Ave
Date
Details
Price
Change
Source
12/12/2025
Price Reduced
$800,000
-3.61%
MLS
11/21/2025
Listed
$829,999
15.28%
MLS
12/31/2024
Sold
$720,000
—
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 78 Treacy Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,495
2%
$144,500
—
2023
$5,387
—
$144,500
—
2022
$5,399
—
$144,500
—
2021
$5,396
33%
$144,500
—
2021
$4,068
-25%
$144,500
—
2019
$5,435
2%
$144,500
—
2018
$5,336
4%
$144,500
—
2017
$5,144
3%
$144,500
—
2016
$4,971
4%
$144,500
—
2015
$4,782
12%
$144,500
—
2013
$4,267
—
$144,500
—
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 78 Treacy Ave
78 Treacy Ave, Newark, NJ 07108 (MLS# 3998974) is a Multi-Family property with 3 units containing 10 bedrooms and 3 full bathrooms. 78 Treacy Ave is currently listed for $800,000 and was received on November 21, 2025. Want to learn more about 78 Treacy Ave? 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.

