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$675,000

For Sale
Active
Multi-Family
8 Total Beds
Updated 2 days ago

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Property Description

Super Low Taxes and Seller's Concessions, in this Turnkey multi-family in the heart of Lower Roseville, one of Newark's most convenient and steadily appreciating neighborhoods minutes to Broad Street Station, major highways (Routes 280/21), and Newark's growing retail and dining corridor.First Floor: Fully ready to rent 3 bedrooms, 1 bath. new kitchen, updated bath, fresh flooring, paint, and fixtures throughout. Move-in ready with strong rental income potential. Second & Third Floors: A spacious 5-bedroom, 2-bath duplex unit spanning both levels ideal for a large family or high-demand rental. Generous room sizes, great natural light, and flexible layout, with excellent income potential of its own. Two units, one great opportunity a compelling cash-flow play for investors, or a smart move for an owner-occupant who wants to live in one unit and let the other help offset the mortgage. Whether you're an investor seeking cash flow in an appreciating Newark submarket, or looking to reduce housing costs while building equity, this hous delivers flexibility, renovated quality, and location all in one property. Don't miss this rare two-unit offering in Lower Roseville. Schedule your showing today!

Full Property Details

Full Property Details for 87 2nd St

General

Price: $675,000
Taxes: $5,702 (2025)
Status: Active
Type: Multi-Family
Source: Garden_State
MLS ID: 4053821
Updated: 10/23/2026
Added to Site: 37 day(s) ago

Interior

Number of Rooms: 13
Interior Features: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector

Rooms

Bathrooms

Total Bathrooms: 3
Full Bathrooms: 3

Bedrooms

Total Bedrooms: 8

Parking

Garage Description: None

Location

County: Essex
Driving Directions: right from Central Avenue

Heating & Cooling

Cooling Type: No Cooling
Heating Type: Baseboard - Hotwater
Heating Fuel: Natural Gas

Utilities

Sewer: Public Sewer
Water: Public Water
Utility Description: Gas In Street

Structural Information

Architectural Style: 3-Three Story
Exterior Const.: Vinyl Siding
Basement: Yes
Basement Desc.: Unfinished
Roof: Asphalt Shingles
Year Built: 1902
Remodeled/Updated: 2026

Unit Information

Unit 1

Unit Description: Bedrooms, Kitchen, Living Room
Square Feet: 9999
Levels/Stories: 1
Total Bathrooms: 1
Bedrooms: 3

Unit 2

Unit Description: Bedrooms, Kitchen, Living Room
Square Feet: 9999
Levels/Stories: 2
Total Bathrooms: 2
Bedrooms: 5

Lot Features

Lot Size (Acres): 0.06
Lot Dimensions: 25 x 100
Driveway/Sidewalk: None, On-Street Parking

Financial Considerations

Operating Expenses: $9,999
Assessment Amount: $122,400
Land Assmt: $20,200
Tax Amount: $5,702
Tax Year: 2025

Disclosures and Reports

Block: 1879
Lot Number: 33

Listed by Jersey Blue Estates Llc

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Listing agent

— 87 2nd St —

Jersey Blue Estates Llc

973-819-1444

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NMLS#: 1598647

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Schools

Schools serving 87 2nd St

School District:Newark City School District

Name	Grades	Distance
Sussex Avenue Elementary School 307 Sussex Avenue, Newark, NJ 07107	K-4	0.1 mi
Thirteenth Avenue Elementary School 359 13th Avenue, Newark, NJ 07103	5-8	0.7 mi
Camden Street Elementary School 281 Camden Street, Newark, NJ 07103	PK-8	1 mi
Barringer High School 90 Parker Street, Newark, NJ 07104	9-12	0.6 mi
West Side High School 403 South Orange Avenue, Newark, NJ 07103	9-12	0.9 mi
Technology High School 223 Broadway, Newark, NJ 07102	9-12	1.2 mi
Cleveland Elementary School 388 Bergen St, Newark, NJ 07103	K-6	1.3 mi
First Avenue Elementary School 214 1st Avenue, Newark, NJ 07107	5-8	1.3 mi
Rafael Hernandez Elementary School 345 Broadway, Newark, NJ 07104	PK-4	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 87 2nd St Get Price Alerts and Save Property

Date

Details

Price

Change

Source

9/18/2026

Listed

$675,000

350%

MLS

5/24/2018

Sold

$150,000

—

Public Record

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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 87 2nd St

Year

Property Taxes

Change

Tax Assessment

Change

2025

$5,703

$142,600

—

2023

$5,316

—

$142,600

—

2022

$5,328

—

$142,600

—

2021

$5,325

33%

$142,600

—

2021

$4,014

-25%

$142,600

—

2019

$5,363

$142,600

—

2018

$5,266

$142,600

—

2017

$5,077

$142,600

—

2016

$4,905

$142,600

—

2015

$4,719

12%

$142,600

—

2013

$4,211

—

$142,600

—

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.

Estimate the Cost

Estimate the Cost for 87 2nd St

87 2nd St, Newark, NJ 07107 (MLS# 4053821) is a Multi-Family property with 2 units containing 8 bedrooms and 3 full bathrooms. 87 2nd St is currently listed for $675,000 and was received on September 18, 2026. Want to learn more about 87 2nd 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.

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87 2nd St Newark, NJ 07107

Full Property Details for 87 2nd St

General

Interior

Rooms

Bathrooms

Bedrooms

Parking

Location

Heating & Cooling

Utilities

Structural Information

Unit Information

Unit 1

Unit 2

Lot Features

Financial Considerations

Disclosures and Reports

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Quickly Find Out More

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Schools serving 87 2nd St

Price & Sales History for 87 2nd St Get Price Alerts and Save Property

Tax History for 87 2nd St

Estimate the Cost for 87 2nd St

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