For Multi Family

725 Elizabeth Ave,Newark City, NJ 07112-2322

April 8, 2026

This Beautiful Stately Solid Brick Mansion Home is located at corner of Elizabeth Avenue and Vasar. The home is across the beautiful Quequack Recreational Park, near NY City Trans, Beth-Israel Hospital, Schools and Shoppings. Features Large Living Room, large Family Room or Home office, Large Kitchen with plenty of cabinets, Entrance foyer, 6-7 bedrooms, 4 bathrooms with ceramic tiles, basement and cars garage. It’s beautifully fenced, Detached cars garage and exclusive parking lot drive way. This won’t Last!!!

Property ID:PT-35905901-AXZR

Offer Type:For Multi Family

Property Type:Multi-Family

Price: 899,997 $

Bedrooms:6

Year Built:1950

Listing Details

Status: Active

Location

County: Essex

Lotsize: 100.2X159

Lot Identifier: 1

Lot Description: Level Lot

Lot Identifier: 1

Home Details

Open Parking: 6

Basement: Yes

Renovated: 2026

Basmnt/Desc: Yes - Full

Acreage: 0.37

Total Baths: 3.10

Unit Style: 3-Three Story

Number of Units: 2

Rooms: 11

Easement/Desc: Unknown

Exterior Description: Brick

Roof Description: Composition Shingle

Possesion: UPON CLOSING

Unit 1 Appliances/Equipment: Carbon Monoxide Detector, Instant Hot Water, Range/Oven - Electric, Smoke Detector

Unit 1 Levels: 1

Unit 1 Rooms: 7

Unit 1 Beds: 3

Unit 1 Baths: 2.0

Unit 1 Fireplaces: 1

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

Unit 1 Handicap: Yes

Unit 1 SqFt: 1500

Unit 1 Rent: 3500

Unit 1 Room Description: Bedrooms, Kitchen, Living Room

Unit 1 Security Deposit: 5250

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

Unit 2 Levels: 2

Unit 2 Rooms: 7

Unit 2 Beds: 4

Unit 2 Baths: 2.0

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

Unit 2 Handicap: No

Unit 2 SqFt: 1500

Unit 2 Rent: 3500

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

Unit 2 Security Deposit: 5250

Color of Building: BRICK RED

Block Identifier: 3681

County Number: 16

Town Number: 1614

YB/Desc: 1950 - Approximate, Renovated

Color of Building: BRICK RED

Easement: Unknown

Parking/Driveway Description: 2 Car Width, Driveway-Exclusive, Parking Lot-Exclusive

Block Identifier: 3681

County Number: 16

Town Number: 1614

Possession: UPON CLOSING

Taxes, Fees & Assessments

Gross Operating Income: 84000

Net Operating Income: 84000

Expense Include: Cold Water, Taxes

Tax ID For Property: 1614-03681-0000-00001-0000-

Tax Amount: $14,996.00

Tax Year: 2025

Tax Rate: 3.999%

Tax Rate Year: 2025

Land Assessment: $210,800.00

Building Assessment: $164,200.00

Total Assessment: $375,000.00

FHA Age Restricted: No

Utilities

Water Heater: Gas

Heat System: 1 Unit, Radiators - Steam

Water: Public Water

Sewer: Public Sewer

Utilities: Gas-Natural

Schools

Grade School: WEEQUAHIC

Middle School: WEEQUAHIC

High School: WEEQUAHIC

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Listing Details

725 Elizabeth Ave,Newark City, NJ 07112-2322

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