For Multi Family

303 W Runyon St,Newark City, NJ 07108-1425

March 9, 2026

THIS IS IT! A massive 5,588 SF two-family home in one of the most convenient locations near major highways, airports, commercial hubs, and top universities. Built in 2005 and sitting on a rare 46 x 143 oversized lot, this property offers unmatched space, flexibility, and future potential. Big house, big lot, big opportunity. The ground level features 2 bedrooms and 1 bathroom with an open family room and private side entrance. The first and second floors each offer 3 bedrooms and 2 full bathrooms. The second-floor unit is fully vacant and move in ready for the next owner. Opportunities like this don’t come often, see it before it’s gone.

Property ID:PT-31161603-AXZR

Offer Type:For Multi Family

Property Type:Multi-Family

Price: 875,000 $

Bedrooms:8

Year Built:2005

Listing Details

Status: Active

Location

County: Essex

Lotsize: 46X143 AVG.

Lot Identifier: 25

Home Details

Open Parking: 5

Basement: Yes

Renovated: 2005

Basmnt/Desc: Yes - Full, Walkout

Acreage: 0.15

Total Baths: 5.00

Unit Style: 3-Three Story

Number of Units: 2

Rooms: 16

Easement/Desc: Unknown

Exterior Description: Aluminum Siding, Brick

Roof Description: Asphalt Shingle

Possesion: ASAP

Unit 1 Appliances/Equipment: Dishwasher, Range/Oven - Gas

Unit 1 Levels: 2

Unit 1 Rooms: 10

Unit 1 Beds: 5

Unit 1 Baths: 3.0

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

Unit 1 Handicap: No

Unit 1 Rent: 2850

Unit 1 Room Description: Bedrooms, Dining Room, Eat-In Kitchen, Kitchen, Laundry Room, Living Room

Unit 2 Appliances/Equipment: Dishwasher, Range/Oven - Gas

Unit 2 Levels: 1

Unit 2 Rooms: 6

Unit 2 Beds: 3

Unit 2 Baths: 2.0

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

Unit 2 Handicap: No

Unit 2 Rent: 2850

Unit 2 Room Description: Bedrooms, Dining Room, Eat-In Kitchen, Kitchen, Laundry Room, Living Room

Unit 2 Security Deposit: 4275

Garage Description: Attached Garage

Number of Garage Spaces: 2

Block Identifier: 3035

County Number: 16

Town Number: 1614

YB/Desc: 2005 - Renovated

Easement: Unknown

Parking/Driveway Description: 2 Car Width

Block Identifier: 3035

County Number: 16

Town Number: 1614

Possession: ASAP

Utilities

Heat Source: Gas-Natural

Heat System: 2 Units, Forced Hot Air

Cool System: Central Air

Water: Public Water

Sewer: Public Sewer

Utilities: Gas-Natural

Taxes, Fees & Assessments

Tax ID For Property: 1614-03035-0000-00025-0000-

Tax Amount: $12,264.00

Tax Year: 2025

Tax Rate: 3.999%

Tax Rate Year: 2025

Land Assessment: $39,000.00

Building Assessment: $267,700.00

Total Assessment: $306,700.00

FHA Age Restricted: No

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Listing Details

303 W Runyon St,Newark City, NJ 07108-1425

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