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$1,149,000 -$50,900 (-4.24%) Price Reduced

  • For Sale
  • Active
  • Apartment
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INVESTOR ALERT! Well-maintained and recently updated 6-unit multifamily property offering an attractive unit mix and income-producing potential. The property features 2 1BR/1bath units and 4 2BR/1bath units, providing a desirable mix for a variety of tenants. Each unit has two means of egress, adding functionality and convenience. The property also includes three detached garage spaces, offering valuable off-street parking and additional storage potential. Recent updates make this an excellent opportunity for investors seeking a multifamily asset with multiple income-producing units. Conveniently located near transportation, shopping, schools, and major roadways.

Full Property Details for 83 Jay St

General

  • Price: $1,149,000
  • Taxes: $10,077 (2024)
  • Status: Active
  • Type: Apartment
  • Source: Garden_State
  • MLS ID: 4055683
  • Updated: 10/20/2026
  • Added to Site: 26 day(s) ago

Business

  • Includes: Building & Land, See Remarks

Rooms

Bathrooms

  • Total Bathrooms: 6
  • Restrooms: 6

Additional Information

  • Equipment: Smoke Detector

Parking

  • Parking: 1 Car Width

Location

  • County: Essex
  • Driving Directions: Central Ave. to Jay St.
  • Location Details: Residential Area

Heating & Cooling

  • Cooling Type: Window A/C(s)
  • Heating Type: 2 Units, Electric Baseboard
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water
  • Utility Description: Electric, Natural Gas, Cable TV, Fiber Optic

Structural Information

  • Construction: See Remarks
  • Exterior Const.: Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Unfinished
  • Roof: Flat
  • Stories in Building: 3

Unit Information

  • 1 Bedroom Units: 2
  • 2 Bedroom Units: 4
  • Units w/Full Bath: 6

Lot Features

  • Lot Size (Acres): 0.07
  • Lot Size: 30X100
  • Zoning: .
  • Lot Description: Corner

Financial Considerations

  • Assessment Amount: $265,000
  • Land Assmt: $100,000
  • Tax Amount: $10,077
  • Tax Year: 2024
  • Pays Utilities: Tenant

Disclosures and Reports

  • Ownership: Fee Simple
  • Documents Avail.: Income & Expenses
  • APN: 1614-02841-0000-00008-0000-
  • Block: 2841
  • Lot Number: 8

Listed by Re/Max Professionals I

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Listing agent

— 83 Jay St —

  • Re/Max Professionals I

973-450-4000

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 83 Jay St

School District:Newark City School District
NameGradesDistance
Sussex Avenue Elementary School
307 Sussex Avenue, Newark, NJ 07107
K-40.4 mi
Thirteenth Avenue Elementary School
359 13th Avenue, Newark, NJ 07103
5-80.8 mi
Camden Street Elementary School
281 Camden Street, Newark, NJ 07103
PK-81 mi
Barringer High School
90 Parker Street, Newark, NJ 07104
9-120.7 mi
Technology High School
223 Broadway, Newark, NJ 07102
9-121.1 mi
West Side High School
403 South Orange Avenue, Newark, NJ 07103
9-121.1 mi
Cleveland Elementary School
388 Bergen St, Newark, NJ 07103
K-61.2 mi
First Avenue Elementary School
214 1st Avenue, Newark, NJ 07107
5-81.4 mi
Rafael Hernandez Elementary School
345 Broadway, Newark, NJ 07104
PK-41.4 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 83 Jay St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/20/2026
Price Reduced
$1,149,000
-4.24%
MLS
9/29/2026
Listed
$1,199,900
79.09%
MLS
7/07/2026
Sold
$670,000
—
Public Record
Get Price Alerts and Save Property
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 for 83 Jay St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,597
7%
$265,000
—
2023
$9,879
—
$265,000
—
2022
$9,900
—
$265,000
—
2021
$9,895
33%
$265,000
—
2021
$7,460
-43%
$265,000
-25%
2018
$13,081
31%
$354,200
34%
2019
$9,967
-21%
$265,000
-25%
2017
$12,610
3%
$354,200
—
2016
$12,184
4%
$354,200
—
2015
$11,720
12%
$354,200
—
2013
$10,460
—
$354,200
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Re/Max Professionals I

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83 Jay St, Newark, NJ 07103 (MLS# 4055683) is a Apartment property. 83 Jay St is currently listed for $1,149,000 and was received on September 29, 2026. Want to learn more about 83 Jay St? Do you have questions about finding other Apartment real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.

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