Discover the perfect blend of charm and opportunity with this two-family home in the vibrant heart of Newark, next to University Heights. Ideal for either an owner-occupant or a savvy investor, this recently renovated 2-family home in University Heights spans 2,900 square feet. The first floor features a cozy layout with two spacious bedrooms, an inviting living-dining area, and a full bathroom all designed for comfort and convenience. The second floor steps up the luxury to a duplex with 3 bedrooms and 2 bathrooms, large living and dining space perfect for entertaining or unwinding in style. With easy access to public transportation, this property ensures you're always connected to the city's finest amenities and attractions. Each bedroom is generously sized, complemented by brick exterior, forced air, hardwood floors, and nice appliances. Conveniently located near major highways, NYC bus routes, shops, and schools, this property offers a commuter's dream lifestyle.
Sold for $515,000 on 12/31/24
$515,000
38 3rd St, Newark, NJ 07107
5beds
--sqft
Multi Family
Built in ----
-- sqft lot
$552,100 Zestimate®
$--/sqft
$2,609 Estimated rent
Home value
$552,100
$486,000 - $629,000
$2,609/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: March 13, 2025 at 06:10pm
Listed by:
Victor Taylor 201-952-7332,
Keller Williams City Life Realty
Bought with:
Victor Taylor
Keller Williams City Life Realty
Source: NJMLS,MLS#: 24018909
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Appliances
- Laundry: None
Property
Details
- Parcel number: 1401877000000042
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Utilities & green energy
- Utilities for property: Electricity Connected, Natural Gas Connected, Sep Heat, Water Connected
Community & neighborhood
Location
- Region: Newark
Other
Other facts
- Listing agreement: Exclusive Right To Sell
Price history
| Date | Event | Price |
|---|---|---|
| 12/31/2024 | Sold | $515,000-1.9% |
Source:  NJMLS #24018909 | ||
| 9/10/2024 | Pending sale | $525,000 |
Source: NJMLS #24018909 | ||
| 6/13/2024 | Listed for sale | $525,000+68.9% |
Source:  GSMLS #3907468 | ||
| 4/19/2019 | Sold | $310,825+7.2% |
Source: GSMLS #3533751 | ||
| 3/5/2019 | Pending sale | $289,900+74.6% |
Source: Keller Williams Realty City Life #190003460 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,367 | $220,000 |
| 2024 | $8,367 +0.1% | $220,000 |
| 2023 | $8,360 | $220,000 |
Find assessor info on the county website
Neighborhood: Fairmount
Nearby schools
GreatSchools rating
- 5/10Sussex Avenue Elementary SchoolGrades: PK-8Distance: 0.1 mi
- 1/10Barringer High SchoolGrades: 9-12Distance: 0.7 mi
- 1/10West Side High SchoolGrades: 9-12Distance: 0.8 mi
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Estimated market value
$552,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$552,100