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Under contract
  • $679,000

    242-244 Eastern Pkwy, Newark City, NJ 07106

    8beds
    19,998sqft
    : 
    Multi Family
    Built in 1962
    -- sqft lot
    $698,000 Zestimate®
    $34/sqft
    $-- HOA

    What's special

    Finished basementCentral airModern updatesBonus unitAbundant natural lightExclusive drivewayGenerous layouts
    Fully renovated and move-in ready, 242 Eastern Parkway is a spacious three-story brick two-family home with a bonus unit, offering the perfect blend of modern updates and investment potential in a growing neighborhood. The first unit features 3 bedrooms and 1.5 bathrooms, while the second offers 4 bedrooms and 1.5 bathrooms?each with updated finishes, generous layouts, and abundant natural light. The finished basement adds even more versatility with a bonus unit that includes a bedroom and full bath, ideal for extended living or rental income. Complete with a 2-car attached garage, exclusive driveway, central air, and a fenced lot, this property is a standout opportunity for investors or owner-occupants. Conveniently located near schools, parks, transportation, and local amenities, this renovated two-family is ready to perform.
    49 days
    on Zillow
    |
    212
    |
    6
    |

    Zillow last checked: 9 hours ago

    Listing updated: July 17, 2025 at 04:40am

    Listed by:

    Tovia Lichtman 347-470-6144,

    Keller Williams Mid-Town Direct

    Source: GSMLS,MLS#: 3971941MLS Logo
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 3.2
    • Full bathrooms: 3
    • 1/2 bathrooms: 2
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Microwave, Range/Oven - Gas, Refrigerator, Microwave Oven
    Features
    • Bedrooms, Dining Room, Kitchen, Living Room, Living/Dining Room
    • Basement: Yes,Finished,Full
    • Has fireplace: No
    Interior area
    • Total structure area: 19,998
    • Total interior livable area: 19,998 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Driveway-Exclusive, Attached Garage
    • Attached garage spaces: 2
    • Uncovered spaces: 2
    Features
    • Levels: 3-Three Story
    • Stories: 3
    • Fencing: Metal Fence
    Lot
    • Size: 3,920.4 Square Feet
    • Dimensions: 50 x 80
    Details
    • Parcel number: 1614041400001000060000

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    • Roof: Asphalt Shingle
    Condition
    • Year built: 1962

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Underground Utilities

    Community & HOA

    Community
    • Security: Carbon Monoxide Detector(s), Carbon Monoxide Detector
    Location
    • Region: Newark

    Financial & listing details

    • Price per square foot: $34/sqft
    • Tax assessed value: $173,900
    • Annual tax amount: $6,613
    • Date on market: 6/26/2025
    • Total actual rent: 19998
    • Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas
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