Welcome to the Vailsburg section of Newark where opportunity still knocks. Make this 3-family home your next home or investment property. 1-3 Ricord Street offers over 4,000 sq ft of living space and sits on a 50' x 100' corner lot with a detached 2-car garage. This home is being offered along with the adjacent 25' x 100' vacant lot (5 Ricord Street) which is zoned R-1 and allows for building a one-family home or kept as additional yard space. This means combined property taxes of approximately $8,150 and a total lot size of 7,500 sq ft! All tenants are month-to-month, and the current rents are below market. There is dining, entertaining, and shopping in town or in nearby South Orange and East Orange. And recreation in Vailsburg Park which is in proximity. This home is oil heated with a single furnace and has newer asphalt shingle roof (5 years old).
Sold for $580,000
$580,000
13 Ricord St, Newark, NJ 07106
8beds
2baths
4,043sqft
Multi Family
Built in 1914
-- sqft lot
$395,800 Zestimate®
$143/sqft
$2,947 Estimated rent
Home value
$395,800
$344,000 - $443,000
$2,947/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: September 28, 2023 at 04:28pm
Listed by:
JAMES HUGHES,
COMPASS NEW JERSEY, LLC 973-315-8180
Source: All Jersey MLS,MLS#: 2306776R
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 2
Heating
- Radiators-Steam
Cooling
- None
Appliances
- Included: Water Heater(Gas), Water Heater
Features
- Unit 1(Dining Room, 3 Bedrooms, Kitchen, Living Room), Unit 2(Dining Room, 3 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 3(Dining Room, 2 Bedrooms, Kitchen, 1 Bath, Living Room)
- Basement: Partially Finished, Utility Room, Laundry Facilities
Interior area
- Total structure area: 4,043
- Total interior livable area: 4,043 sqft
Property
Parking
- Total spaces: 2
- Parking features: Detached Carport, Garage, Detached, 1-2 Car Parking
- Garage spaces: 2
- Has carport: Yes
Features
- Stories: 3
- Exterior features: Sidewalk, Fencing/Wall
- Fencing: Fencing/Wall
Lot
- Size: 5,000 sqft
- Dimensions: 100.00 x 50.00
- Features: See Remarks, Level
Details
- Parcel number: 1614040380000000210000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Roof: Asphalt
Condition
- Year built: 1914
Utilities & green energy
- Gas: Oil
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & neighborhood
Community
- Community features: Sidewalks
Location
- Region: Newark
Other
Other facts
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 3/31/2023 | Sold | $580,000+22.1%$143/sqft |
Source:  All Jersey MLS #2306776R Report a problem | ||
| 1/6/2023 | Contingent | $475,000$117/sqft |
Source: All Jersey MLS #2306776R Report a problem | ||
| 12/15/2022 | Listed for sale | $475,000$117/sqft |
Source: All Jersey MLS #2306776R Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,590 | $120,700 |
| 2024 | $4,590 +0.1% | $120,700 |
| 2023 | $4,587 | $120,700 |
Find assessor info on the county website
Neighborhood: Lower Vailsburg
Nearby schools
GreatSchools rating
- 4/10Speedway AcademiesGrades: PK-8Distance: 0.3 mi
- 1/10West Side High SchoolGrades: 9-12Distance: 1 mi
- 1/10Central High SchoolGrades: 9-12Distance: 1.7 mi
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Estimated market value
$395,800