For Multi Family

118 Oraton St,Newark City, NJ 07104-4108

December 18, 2025

Exceptional new construction two-family home completed in 2022, ideally located in Newark’s North Ward, just off Broadway and between Chester & Delevan Avenues, near the Belleville border. Although currently fully occupied, this property is a true ground-up build, not a renovation.Unit 1 offers a spacious, modern layout spanning the second floor, featuring a bright open-concept living and dining area, contemporary kitchen with stainless steel appliances, two well-sized bedrooms, and a full bath. In addition to the main living area, Unit 1 benefits from access to a fully finished walkout lower level, providing valuable additional finished space that includes a laundry area, half bath, and direct exterior access.This level is complemented by an exceptionally upgraded built-in garage, rarely seen finished with vinyl flooring, clean walls, and excellent lighting offering a highly versatile extension of the home suitable for storage, workspace, or other permitted uses.Unit 2, located on the third floor, mirrors the modern finishes found throughout the home and features an open-concept layout, stainless steel kitchen appliances, two generously sized bedrooms, a full bath, ample closet space, and pull-down attic storage.

Property ID:PT-21201095-AXZR

Offer Type:For Multi Family

Property Type:Multi-Family

Price: 765,000 $

Bedrooms:4

Year Built:2022

Listing Details

Status: Active

Location

County: Essex

Lotsize: 24.6X50

Lot Identifier: 81

Home Details

Subdivision: North Ward

Open Parking: 1

Basement: Yes

Basmnt/Desc: Yes - Finished, Walkout

Acreage: 0.03

Total Baths: 2.10

Unit Style: 3-Three Story

Number of Units: 2

Rooms: 11

Easement/Desc: No

Exterior Description: Brick, Vinyl Siding

Roof Description: Asphalt Shingle

Possesion: Negotiable

Unit 1 Appliances/Equipment: Carbon Monoxide Detector, Dishwasher, Kitchen Exhaust Fan, Microwave Oven, Range/Oven - Gas, Refrigerator, Smoke Detector

Unit 1 Levels: 2

Unit 1 Rooms: 5

Unit 1 Beds: 2

Unit 1 Baths: 1.1

Unit 1 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat

Unit 1 Handicap: No

Unit 1 Lease Expire: 2026-09-30

Unit 1 SqFt: 9999

Unit 1 Rent: 2100

Unit 1 Room Description: Bedrooms, Kitchen, Laundry Room, Living/Dining Room, Rec Room, Storage

Unit 1 Security Deposit: 3150

Unit 2 Appliances/Equipment: Carbon Monoxide Detector, Dishwasher, Kitchen Exhaust Fan, Microwave Oven, Range/Oven - Gas, Refrigerator, Smoke Detector

Unit 2 Levels: 1

Unit 2 Rooms: 4

Unit 2 Beds: 2

Unit 2 Baths: 1.0

Unit 2 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat

Unit 2 Handicap: No

Unit 2 Lease Expire: 2026-10-31

Unit 2 SqFt: 9999

Unit 2 Rent: 2100

Unit 2 Room Description: Attic, Bedrooms, Kitchen, Living/Dining Room, Rec Room

Unit 2 Security Deposit: 3150

Color of Building: Red & Blue

Garage Description: Built-In Garage, Garage Door Opener, Garage Parking

Number of Garage Spaces: 1

Block Identifier: 678

County Number: 16

Town Number: 1614

YB/Desc: 2022 - Approximate

Color of Building: Red & Blue

Easement: No

Block Identifier: 678

County Number: 16

Town Number: 1614

Possession: Negotiable

Taxes, Fees & Assessments

Gross Operating Income: 9999

Net Operating Income: 9999

Warranty: No

Tax ID For Property: 1614-00678-0000-00081-0000-

Tax Amount: $11,808.00

Tax Year: 2024

Tax Rate: 3.803%

Tax Rate Year: 2025

Farm Assessment: No

Land Assessment: $11,600.00

Building Assessment: $298,900.00

Total Assessment: $310,500.00

FHA Age Restricted: No

Utilities

Water Heater: Gas

Heat Source: Gas-Natural

Heat System: 2 Units, Forced Hot Air

Cool System: 2 Units, Central Air

Water: Public Water

Sewer: Public Sewer

Utilities: Electric, Gas-Natural

Schools

Grade School: L M MARIN

Middle School: L M MARIN

High School: TECHNOLOGY

Type *

Date *

Time *

Your Name *

Phone *

Email *

Your Message *

For Multi Family

Multi-Family

86 Watchung Ave,West Orange Twp., NJ 07052-6005

444,900 $

Watchung Ave, West Orange Twp., Essex

Beds 5

For Multi Family

Multi-Family

320 Westfield Ave,Elizabeth City, NJ 07208-1648

699,900 $

Westfield Ave, Elizabeth City, Union

Beds 6

For Multi Family

Multi-Family

102 S 12Th St,Newark City, NJ 07107-4225

750,000 $

S 12Th St, Newark City, Essex

Beds 7

For Multi Family

Multi-Family

151 Vermont Ave,Newark City, NJ 07106-2040

750,000 $

Vermont Ave, Newark City, Essex

Beds 9

For Multi Family

Multi-Family

233 W Runyon St,Newark City, NJ 07108

899,000 $

W Runyon St, Newark City, Essex

Beds 6

For Multi Family

Multi-Family

163 Sherdain,Paterson City, NJ 07502-1714

650,000 $

Sherdain, Paterson City, Passaic

Beds 6

765,000 $

14 Views
0 Rating
0 Favorites
0 Share
0 Comments
0 Likes
0 Love
0 Dislike

+01-123-4567

Listing Details

118 Oraton St,Newark City, NJ 07104-4108

Description

Details