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1/23
$589,000
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Property Description
Welcome Home! This multiunit property has 2 large size 2 bedroom apartments. Both units are fully renovated with separate central air systems for each. The units have very tall ceilings, very large bedrooms, living room, eat in kitchen, pantry, and full bathroom. The rear of the home has a brand new garage ready to store all your toys, equipment, or use for entertaining in the backyard. The home itself is recently renovated, has a BRAND NEW roof, and multiple updates throughout to make this home ready for its new owner to take it and enjoy it from day one! The proximity to Newark internation airport makes this home perfectly located for when you want to take that perfect getaway to a beach island vacation. There are plenty of access to recreation, shopping, schools and universities, and easy access routes to NYC including public transportation buses and trains. Perfect for the investor looking to place new tenants at market rates for passive income or the owner occupant looking to have the second unit help pay for the home! Schedule a tour today and place your offer on this home before someone else does! Easy to schedule.
Full Property Details
Full Property Details for 78 Willoughby St
General
- Price: $589,000
- Taxes: $11,336 (2024)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 3971238
- Updated: 11/18/2025
- Added to Site: 278 day(s) ago
Interior
- Number of Rooms: 11
- Interior Features: Carbon Monoxide Detector, Smoke Detector
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Parking
- Garage: Yes
- Garage Spaces: 1
- Garage Description: Detached Garage
Location
- County: Essex
- Driving Directions: Lyons Ave to Willoughby St
Heating & Cooling
- Cooling Type: 2 Units, Central Air Conditioning
- Heating Type: 2 Units, Forced Hot Air
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Natural Gas
Structural Information
- Architectural Style: See Remarks, Under/Over
- Exterior Const.: See Remarks
- Basement: Yes
- Basement Desc.: Full, Unfinished
- Roof: See Remarks
- Year Built: 1912
- Remodeled/Updated: 2024
Unit Information
Unit 1
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room, Pantry
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room, Pantry, Porch
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.06
- Lot Dimensions: 25 x 100
- Driveway/Sidewalk: Driveway-Shared, See Remarks
Financial Considerations
- Operating Expenses: $11,336
- Assessment Amount: $253,700
- Land Assmt: $26,300
- Tax Amount: $11,336
- Tax Year: 2024
Disclosures and Reports
- Disclosures: Yes
- Block: 3051
- Lot Number: 46
Listed by Realty One Group Lifestyle Homes
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Schools
Schools serving 78 Willoughby St
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
George Washington Carver Elementary School 333 Clinton Place, Newark, NJ 07112 | PK-8 | 0.1 mi |
Chancellor Avenue Elementary School, Newark, NJ 321 Chancellor Avenue, Newark, NJ 07112 | 3-8 | 0.3 mi |
Hawthorne Avenue Elementary School 428 Hawthorne Ave, Newark, NJ 07112 | K-6 | 0.4 mi |
B.R.I.C.K. Peshine Academy 433 Peshine Avenue, Newark, NJ 07112 | K-8 | 0.7 mi |
Belmont-Runyon Elementary School 1 Belmont Runyon Way, Newark, NJ 07108 | K-8 | 0.9 mi |
South Seventeenth Street Elementary School 619 South 17th Street, Newark, NJ 07103 | K-4 | 1.5 mi |
Louise A. Spencer Elementary School 66 Muhammad Ali Avenue, Newark, NJ 07108 | PK-8 | 1.7 mi |
Ivy Hill Elementary School 107 Ivy Street, Newark, NJ 07106 | PK-8 | 2 mi |
Speedway Academies 701 South Orange Avenue, Newark, NJ 07106 | PK-8 | 2.2 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 78 Willoughby St
Date
Details
Price
Change
Source
11/18/2025
Price Reduced
$589,000
-1.83%
MLS
7/05/2025
Price Reduced
$599,999
-4%
MLS
5/28/2025
Listed
$625,000
38.89%
MLS
4/01/2022
Sold
$450,000
—
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 Willoughby St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$11,337
56%
$280,000
-6%
2022
$7,259
162%
$298,100
53%
2021
$2,774
100%
$194,300
162%
2021
-100%
$74,300
—
2019
$2,794
2%
$74,300
—
2018
$2,744
4%
$74,300
—
2017
$2,645
3%
$74,300
—
2016
$2,556
4%
$74,300
—
2015
$2,459
12%
$74,300
—
2013
$2,194
—
$74,300
—
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 Willoughby St
78 Willoughby St, Newark, NJ 07112 (MLS# 3971238) is a Multi-Family property with 2 units containing 4 bedrooms and 2 full bathrooms. 78 Willoughby St is currently listed for $589,000 and was received on May 28, 2025. Want to learn more about 78 Willoughby 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.

