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  • $595,000

    145 Fairmount Ave, Newark City, NJ 07103

    8beds
    3,658sqft
    : 
    Multi Family
    Built in 1900
    -- sqft lot
    $614,000 Zestimate®
    $163/sqft
    $-- HOA

    What's special

    Located near Newark University Hospital, NJIT, Rutgers University and the business district, this is the ultimate multi family property in town. Each unit is equipped with its laundry hookup and the second floor boasts five bedrooms and two full bathrooms. the first unit is currently rented for $2400 and second unit is on month to month lease because they looking to relocate. Do not miss your opportunity to grab this unique turnkey multi family property.
    74 days
    on Zillow
    |
    391
    |
    22
    |

    Zillow last checked: August 04, 2025 at 11:58pm

    Listing updated: July 23, 2025 at 12:01pm

    Listed by:

    Jeanmichel Sery 862-201-9086,

    Jd Frances Realty & G.R.,

    Alicia Starks

    Source: GSMLS,MLS#: 3964954MLS Logo
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • 2 Units, Baseboard - Hotwater, Electric, Natural Gas
    Cooling
    • Window Unit(s)
    Appliances
    • Included: Microwave, Range/Oven - Gas, Refrigerator, Microwave Oven, Gas Water Heater
    • Laundry: Laundry Room
    Features
    • Bedrooms, Eat-in Kitchen, Living/Dining Room, Attic, Eat-In Kitchen, Pantry
    • Flooring: Vinyl-Linoleum Floors
    • Basement: None,Unfinished,Walk-Out Access
    • Has fireplace: No
    Interior area
    • Total structure area: 3,658
    • Total interior livable area: 3,658 sqft

    Property

    Parking
    • Parking features: On Street
    Features
    • Levels: 3-Three Story
    • Stories: 3
    • Patio & porch: Open Porch(es), Porch
    • Exterior features: Curbs, Dog Run, Sidewalk
    Lot
    • Size: 2,613.6 Square Feet
    • Dimensions: 25 x 100
    • Features: Open Lot
    Details
    • Parcel number: 1614002580000000360000
    • Zoning description: R2

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Aluminum Siding, Brick
    • Roof: Asphalt Shingle
    Condition
    • Year built: 1900
    • Major remodel year: 2019

    Utilities & green energy

    • Gas: Gas In Street
    • Sewer: Public Available, Public Sewer
    • Water: Public
    • Utilities for property: Underground Utilities, Electricity Connected, Gas In Street, Fiber Optic Available, Garbage Included

    Community & HOA

    Community
    • Security: Carbon Monoxide Detector(s), Smoke Detector(s), Carbon Monoxide Detector, Smoke Detector, Fire Extinguisher
    • Subdivision: New Community
    Location
    • Region: Newark

    Financial & listing details

    • Price per square foot: $163/sqft
    • Tax assessed value: $142,100
    • Annual tax amount: $5,404
    • Date on market: 5/23/2025
    • Exclusions: TBD
    • Total actual rent: 4840
    • Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas
    • Electric utility on property: Yes
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