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$425,000
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Property Description
Fantastic opportunity for the right buyer to acquire this one family with 3-levels of living space. The house needs TLC; yet, the price reflects the condition, offering an exclusive driveway for 2 cars, finished basement, 4 bedrooms, and 3 bathrooms, finished attic, large back yard. Only a few minutes to Down Town Newark where you'll find top cultural venues, historic parks, Rutgers University, Museums, high end restaurants, shops, easy access to transportation, airport, houses of worship and major highway arteries to NJ Turnpike, route 3, & 78.Fully rented. Sellers prefer to sell with tenants in place. Do not let this one pass you by!
Full Property Details
Full Property Details for 78 Wakeman Ave
General
- Price: $425,000
- Taxes: $4,830 (2025)
- Status: Active
- Type: Single Family
- Source: Garden_State
- MLS ID: 4059617
- Updated: 10/22/2026
- Added to Site: 8 day(s) ago
Interior
- Number of Rooms: 6
- Appliances: Gas Range and Oven, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Kitchen: Eat-In Kitchen
Exterior
- Exterior Features: Sidewalk
Parking
- Uncovered Spaces: 2
Location
- County: Essex
- Driving Directions: google maps
Heating & Cooling
- Cooling Type: 1 Unit, Window A/C(s)
- Heating Type: 1 Unit, Baseboard - Cast Iron
- Heating Fuel: Natural Gas
- Water Heater: Gas
Utilities
- Sewer: Public Available
- Water: Public Water
- Utility Description: Natural Gas, Cable TV
Structural Information
- Architectural Style: Colonial
- Basement: Yes
- Basement Desc.: Finished, Full
- Roof: Asphalt Shingles
- Square Feet: 1,600
- Year Built: 1930
Lot Features
- Lot Size (Acres): 0.06
- Lot Size: 25 x 112.6
- Driveway/Sidewalk: 1 Car Width, Driveway-Exclusive
Financial Considerations
- Assessment Amount: $120,800
- Land Assmt: $28,600
- Tax Amount: $4,830
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: Tenant's belongings
- APN: 1614-00612-0000-00019-0000-
- Block: 612
- Lot Number: 19
Listed by Erealty
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Schools
Schools serving 78 Wakeman Ave
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
Rafael Hernandez Elementary School 345 Broadway, Newark, NJ 07104 | PK-4 | 0.2 mi |
Roberto Clemente Elementary School 257 Summer Avenue, Newark, NJ 07104 | K-4 | 0.3 mi |
Luis Munoz Marin Ele 663 Broadway, Newark, NJ 07104 | PK-4 | 0.7 mi |
Technology High School 223 Broadway, Newark, NJ 07102 | 9-12 | 0.5 mi |
Barringer High School 90 Parker Street, Newark, NJ 07104 | 9-12 | 0.9 mi |
West Side High School 403 South Orange Avenue, Newark, NJ 07103 | 9-12 | 2.4 mi |
Abington Ave. Elementary School 209 Abington Avenue, Newark, NJ 07107 | PK-8 | 0.8 mi |
First Avenue Elementary School 214 1st Avenue, Newark, NJ 07107 | 5-8 | 0.8 mi |
Dr. William H. Horton Elementary School 291 North 7th Street, Newark, NJ 07107 | 5-8 | 1 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 78 Wakeman Ave
Date
Details
Price
Change
Source
10/22/2026
Price Increased
$425,000
1.19%
MLS
10/17/2026
Listed
$420,000
419.74%
MLS
10/25/2016
Sold
$80,809
—
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 Wakeman Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,831
7%
$120,800
—
2023
$4,503
—
$120,800
—
2022
$4,513
33%
$120,800
—
2021
$3,405
—
$120,800
—
2021
$3,401
-25%
$120,800
—
2019
$4,543
2%
$120,800
—
2018
$4,461
4%
$120,800
—
2017
$4,300
3%
$120,800
—
2016
$4,156
4%
$120,800
—
2015
$3,997
12%
$120,800
—
2013
$3,567
—
$120,800
—
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 Wakeman Ave
78 Wakeman Ave, Newark, NJ 07104 (MLS# 4059617) is a Single Family property with 4 bedrooms and 3 full bathrooms. 78 Wakeman Ave is currently listed for $425,000 and was received on October 17, 2026. Want to learn more about 78 Wakeman Ave? Do you have questions about finding other Single Family real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.

