CCertihomes
212 3rd Street, Newark, NJ 07107

$629,000

0 beds 4 baths 4,380 sqft Built 191591 days on marketActive

About this home

Presenting an exceptional income-generating property in Newark, this updated 2-family residence spans 4380 sq ft as per town records. First and second floor apartments each offer 3 bedrooms, one new bathroom, spacious kitchen with walk-in pantry and master bedrooms with walk-in closets. Fully finished large attic with a lot of potential including a bath. Attic and the second floor apartment were rented together to a section 8 family. Mostly finished basement with new bathroom and inside/outside entrances. Basement floor is unfinished and seller won't credit for it. No appliances. First floor apartment won't be available for showings and the property is expected to be delivered with a first-floor tenant, unless otherwise negotiated. Buyers responsible for CO and town inspections. Underground oil tank scheduled to be removed on 3/12/26 at owner's expense. Sold strictly 'as is'. Close to transportation and shopping. Showing

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.19% APR.

Your estimated payment
$5,778/mo

Real estate (PITI + HOA + PMI)
$5,446
Principal + interest$4,052
Property tax + insurance$1,158
PMI / 2nd mortgage$236
Utilities
$591
Heating + cooling$134
Internet + TV + phone$157
Water + sewer + garbage$58
Transportation
$169
Car insurance + maintenance$169
Other (entertainment)
$157
$5,778/mo TLC
Budget$6,278/mo
Remaining after TLC$500/mo
Purchase price
$629,000
Down payment
$31,450 (5%)
Loan amount
$597,550
APR
7.19%

Quick facts

Type
2 Family
Style
Year built
1915
Lot size
0.0574 ac
Stories
3
Heating
Auxiliary Electric Heat, Baseboard, Radiant, Radiators-Hot Water
Cooling
None,A/C Window Unit(s)
Water
Public
HOA
Annual tax
$4,959
MLS #
2608523R
County
Essex

At a glance

Basement

Home features

Appliances
Water Heater(Gas)Water Heater
Interior
Unit 1(3 BedroomsKitchen1 BathLiving Room)Unit 2(3 BedroomsKitchen1 BathLiving Room)
Exterior
Porch(es) - OpenPorch
Parking
On Street
Patio & porch
Porch(es) - OpenPorch
Roof
Asphalt
Sewer
Public Sewer
Ownership
Fee Simple

Lot features

Near Shopping, Near Train, Level, Near Public Transit

Neighborhood — 07107

MetricThis ZIPCountyUSA
Population29,0188,832,837299,088,112
Population Change Since1990-1.00%14.00%20.00%
Population Density19,3211,137
Male13,9744,307,827147,432,321
Female15,0444,525,010151,655,844
Never Married9,3671,965,81163,775,926
Married6,5363,647,435123,120,365
Separated2,448391,23912,639,686
Widowed1,543515,17215,467,586
Divorced1,503529,39323,075,029
Number Of House Hold9,2963,167,345111,826,380
Average House Hold Size3.092.732.60
Medial Age28.5937.1535.46
Median House Hold Income$29,316$63,392$48,276
Average House Hold Income$41,944$83,312$63,629
P C I$13,922$30,662$24,529
M D I$26,362$52,505$41,133
A T H E$38,960$61,369$50,898
S T R7.00%7.00%
W C J81.32%81.02%77.74%
(Zip) Code
7107

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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Central Jersey Multiple Listing System, INC

Listing information last refreshed 1/9/2026. Provided courtesy of KELLER WILLIAMS ELITE REALTORS via Central Jersey Multiple Listing System, INC. Information deemed reliable but not guaranteed.