CCertihomes
21 Gladstone Avenue, Newark, NJ 07106

$674,999

0 beds 4 baths Built 19070 days on marketActive

About this home

Attention investors! Excellent opportunity to own a fully tenant-occupied property with all units leased to long-term tenants, providing immediate rental income from day one. This income-producing property features two residential units, studio in attic and an unfinished basement offering ample storage and potential for future improvements (subject to municipal approvals). Conveniently located near shopping, transportation, schools, and major roadways. A great addition to any investment portfolio. Property is being sold occupied. Serious investors only.

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
$6,095/mo

Real estate (PITI + HOA + PMI)
$5,814
Principal + interest$4,348
Property tax + insurance$1,213
PMI / 2nd mortgage$253
Utilities
$573
Heating + cooling$150
Internet + TV + phone$157
Water + sewer + garbage$58
Transportation
$169
Car insurance + maintenance$169
Other (entertainment)
$157
$6,095/mo TLC
Budget$6,595/mo
Remaining after TLC$500/mo
Purchase price
$674,999
Down payment
$33,750 (5%)
Loan amount
$641,249
APR
7.19%

Quick facts

Type
2 Family
Style
Year built
1907
Lot size
Stories
3
Heating
Baseboard
Cooling
A/C Wall Unit(s), Unit 1(A/C Unit), Unit 2(A/C Unit), Unit 3(A/C Unit)
Water
Private
HOA
Annual tax
$5,951
MLS #
2701975R
County
Essex

At a glance

Basement

Home features

Appliances
Water Heater(Gas)Water HeaterUnit 1(Range/OvenRefrigerator)Unit 2(Range/OvenRefrigerator)Unit 3(Range/OvenRefrigerator)
Interior
Unit 1(3 BedroomsKitchen1 BathLiving Room)Unit 2(3 BedroomsKitchen1 BathLiving Room)Unit 3(1 BedroomKitchen1 Bath)
Exterior
PatioPorch(es) - OpenSidewalkFencing/WallYardBlindsPorchPrivate Entrance
Community
Sidewalks
Parking
On Street
Patio & porch
PatioPorch(es) - OpenPorch
Roof
Asphalt
Sewer
Public Sewer
Ownership
Fee Simple

Lot features

Near Shopping, Near Public Transit

Neighborhood — 07106

MetricThis ZIPCountyUSA
Population31,3838,832,837299,088,112
Population Change Since1990-3.00%14.00%20.00%
Population Density22,3611,137
Male14,7074,307,827147,432,321
Female16,6764,525,010151,655,844
Never Married10,2051,965,81163,775,926
Married7,9783,647,435123,120,365
Separated2,465391,23912,639,686
Widowed1,435515,17215,467,586
Divorced1,569529,39323,075,029
Number Of House Hold10,5203,167,345111,826,380
Average House Hold Size2.982.732.60
Medial Age31.1837.1535.46
Median House Hold Income$38,624$63,392$48,276
Average House Hold Income$49,794$83,312$63,629
P C I$16,781$30,662$24,529
M D I$33,860$52,505$41,133
A T H E$43,536$61,369$50,898
S T R7.00%7.00%
W C J87.73%81.02%77.74%
(Zip) Code
7106

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

Map & walkability

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Recently sold nearby

Central Jersey Multiple Listing System, INC

Listing information last refreshed 8/3/2026. Provided courtesy of AGOSTA REALTY GROUP LLC via Central Jersey Multiple Listing System, INC. Information deemed reliable but not guaranteed.

21 Gladstone Avenue · Newark — $674,999 · Certihomes