Located in the Weequahic Section of Newark, this well-situated four-family property sits on a 72x100 lot in a C1 Commercial Zone,offering strong rental potential with separate utilities and flexible occupancy options. One unit is currently vacant, providing animmediate leasing opportunity or an excellent option for an owner-occupant. The other three units are tenant-occupied, deliveringinstant rental income. Conveniently positioned near parks, restaurants, shopping, public transportation, major highways, and offering easy access to NYC. A solid addition to any investment portfolio.
Active
$849,900
388-392 Chadwick Ave, Newark City, NJ 07112
12beds
--sqft
Est.:
Multi Family
Built in 1922
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 1 day |
- 149 |
- 19 |
Zillow last checked: December 12, 2025 at 11:10pm
Listing updated: December 12, 2025 at 08:05am
Listed by:
Chrisopher Stead 973-450-4000,
Re/Max Professionals I
Source: GSMLS,MLS#: 4001505
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 4.4
- Full bathrooms: 4
- 1/2 bathrooms: 4
Heating
- 4+ Units, Forced Air, Natural Gas
Cooling
- See Remarks, Wall Unit(s)
Appliances
- Included: Range/Oven - Gas, Refrigerator, See Remarks
Features
- Bedrooms, Kitchen, Living/Dining Room, See Remarks
- Basement: Yes,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Parking
- Total spaces: 12
- Parking features: Off Street, Additional 1/2 Car Garage, Detached Garage
- Garage spaces: 2
- Uncovered spaces: 12
Lot
- Size: 7,405.2 Square Feet
- Dimensions: 72 x 100
Details
- Parcel number: 1614035930000000110000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Aluminum Siding
- Roof: Flat
Condition
- Year built: 1922
- Major remodel year: 2025
Utilities & green energy
- Gas: Gas-Natural
- Sewer: Public Sewer
- Water: Public, See Remarks
- Utilities for property: Natural Gas Connected
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Carbon Monoxide Detector
Location
- Region: Newark
Financial & listing details
- Tax assessed value: $269,100
- Annual tax amount: $10,300
- Date on market: 12/12/2025
- Total actual rent: 3937
- Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/12/2025 | Listed for sale | $849,900+183.3% |
Source: | ||
| 7/9/2018 | Sold | $300,000 |
Source: Public Record Report a problem | ||
| 11/24/2014 | Listing removed | $1,300 |
Source: Go Section8 Report a problem | ||
| 11/9/2014 | Price change | $1,300+10.6% |
Source: Go Section8 Report a problem | ||
| 10/24/2014 | Price change | $1,175-2.1% |
Source: Go Section8 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,234 | $269,100 |
| 2024 | $10,234 +0.1% | $269,100 |
| 2023 | $10,226 | $269,100 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$5,882/mo
Principal & interest
$4154
Property taxes
$1431
Home insurance
$297
Climate risks
Neighborhood: Weequahic
Nearby schools
GreatSchools rating
- 3/10B.R.I.C.K. Peshine AcademyGrades: PK-8Distance: 0.1 mi
- 1/10Weequahic High SchoolGrades: 9-12Distance: 0.8 mi
- 1/10Malcolm X Shabazz High SchoolGrades: 9-12Distance: 0.8 mi
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