314 Smith St, Newark, NJ 07106

Local realty services provided by:Burgdorff ERA
314 Smith St,Newark City, NJ 07106
$510,000
  • 7 Beds
  • 3 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: carlos turner
Office: re/max select908-233-9292
MLS#:4040406
Source:NJ_GSMLS

Price summary

  • Price:$510,000

About this home

Exceptional investment opportunity in Newark! This property offers strong income-producing potential with separate utilities, making it an ideal addition to any investment portfolio or a great owner-occupied opportunity. The spacious units feature generous room sizes, abundant natural light, and functional layouts designed for comfortable living. Finished basement with full bathroom and kitchenette. This home is situated on a quiet residential street, the property is conveniently located near major highways, public transportation, shopping, schools, parks, providing easy access for commuters and tenants alike. Whether you're a seasoned investor looking to expand your portfolio or a buyer seeking to offset your mortgage with rental income, this property presents outstanding long-term value in one of Newark's continually growing neighborhoods. Don't miss this excellent opportunity to own a cash-flowing asset with tremendous upside potential. HIGHEST AND BEST OFFERS ARE DUE BY MONDAY,...

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Home facts

  • Year built:1927
  • Listing ID #:4040406
  • Added:6 day(s) ago
  • Updated:July 20, 2026 at 02:22 PM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:3
  • Full bathrooms:3
  • Half bathrooms:2
  • Rooms Total:15
  • Basement Description:Basement, Finished

Heating and cooling

  • Heating:2 Units

Structure and exterior

  • Roof:Asphalt Shingle
  • Year built:1927
  • Lot area:0.07 Acres
  • Architectural Style:3-Three Story
  • Construction Materials:Composition Shingle, Vinyl Siding

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$510,000
  • Tax amount:$7,798 (2025)

Features and amenities

  • Amenities:Gas-Natural

Parking

  • Parking description:1 Car Width, Detached Garage
  • Garage spaces:2
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