For Multi Family

163 Brookdale Ave,Newark City, NJ 07106-1908

February 14, 2026

Welcome to this spacious 3-family home located in a rapidly developing area of Newark an excellent opportunity for anyone who is looking for a multi-family building.The property features a full, finished basement which was renovated in 2019, where the seller added two bedrooms and a full bathroom, offering valuable additional living space and flexibility. The building is currently tenant-occupied with two tenants, while the third-floor unit is vacant. The entire building is expected to be delivered vacant by mid March; providing a rare opportunity to customize, renovate, or reposition the property to maximize value. The property also offers off-street garage and driveway parking. Sold as-is, this home offers strong upside potential for buyers looking to add their own touch and renovations. With generous room sizes and a versatile layout, the property presents endless possibilities in a neighborhood that continues to grow and attract attention.

Property ID:PT-28319169-AXZR

Offer Type:For Multi Family

Property Type:Multi-Family

Price: 615,000 $

Bedrooms:10

Year Built:1950

Listing Details

Status: Active

Location

County: Essex

Lotsize: 35.8X100

Lot Identifier: 38

Home Details

Open Parking: 4

Basement: Yes

Renovated: 2019

Basmnt/Desc: Yes - Finished

Acreage: 0.08

Total Baths: 4.00

Unit Style: 3-Three Story

Number of Units: 3

Rooms: 18

Easement/Desc: No

Exterior Description: Aluminum Siding, Wood Shingle

Roof Description: Asphalt Shingle

Possesion: at closing

Unit 1 Appliances/Equipment: Carbon Monoxide Detector, Range/Oven - Gas, Smoke Detector

Unit 1 Levels: 1

Unit 1 Rooms: 5

Unit 1 Beds: 3

Unit 1 Baths: 1.0

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

Unit 1 Handicap: No

Unit 1 SqFt: 1400

Unit 1 Rent: 1650

Unit 1 Room Description: Bedrooms, Kitchen, Living Room

Unit 2 Appliances/Equipment: Carbon Monoxide Detector, Range/Oven - Gas, Smoke Detector

Unit 2 Levels: 1

Unit 2 Rooms: 5

Unit 2 Beds: 3

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 SqFt: 1400

Unit 2 Rent: 1600

Unit 2 Room Description: Bedrooms, Kitchen, Living Room, Porch

Unit 3 Appliances/Equipment: Carbon Monoxide Detector, Range/Oven - Gas, Smoke Detector

Unit 3 Levels: 1

Unit 3 Rooms: 4

Unit 3 Beds: 2

Unit 3 Baths: 1.0

Unit 3 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat

Unit 3 Handicap: No

Unit 3 SqFt: 1000

Unit 3 Room Description: Bedrooms, Kitchen, Living Room

Garage Description: Carport-Detached

Number of Garage Spaces: 2

Block Identifier: 4064

County Number: 16

Town Number: 1614

YB/Desc: 1950 - Unknown

Easement: No

Parking/Driveway Description: 1 Car Width

Block Identifier: 4064

County Number: 16

Town Number: 1614

Possession: at closing

Utilities

Heat Source: Gas-Natural

Heat System: 3 Units, Radiators - Steam

Cool System: 3 Units, Wall A/C Unit(s)

Water: Public Water

Sewer: Public Sewer

Utilities: Electric

Taxes, Fees & Assessments

Tax ID For Property: 1614-04064-0000-00038-0000-

Tax Amount: $8,686.00

Tax Year: 2024

Tax Rate: 3.803%

Tax Rate Year: 2025

Land Assessment: $17,500.00

Building Assessment: $210,900.00

Total Assessment: $228,400.00

FHA Age Restricted: No

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Listing Details

163 Brookdale Ave,Newark City, NJ 07106-1908

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