Active

Price cut: $50K (10/23)

$400,000

502 Irvine Turner Blvd, Newark City, NJ 07108

3beds

2,500sqft

Est.:

Multi Family

Built in ----

-- sqft lot

$-- Zestimate^®

$160/sqft

$-- HOA

What's special

Check out this ready to go Duplex! The first floor unit is tenant occupied with 6 yrs remaining on a 15 yr lease. They also have a 10 year option that they are ready to exercise. The second floor 3 Br 1 ba apt is freshly renovated and vacant so you can choose your own tenants, or owner occupy/house hack. Amazing location in close proximity to 78. Come check out this great investment property today!

282 days

2,579

151

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1.1
Full bathrooms: 1
1/2 bathrooms: 1

Heating

Forced Air, Natural Gas

Cooling

Central Air

Appliances

Included: Free-Standing Freezer, Exhaust Fan, Microwave, See Remarks, Range/Oven - Gas, Refrigerator

Features

Living Room, Bedrooms, Eat-In Kitchen
Basement: Yes,Full,Unfinished
Has fireplace: No

Interior area

Total structure area: 2,500
Total interior livable area: 2,500 sqft

Property

Parking

Parking features: On Street

Features

Levels: Two
Stories: 2

Lot

Size: 2,178 Square Feet
Dimensions: 18.10 x 125

Details

Parcel number: 1614027020000000220000
Zoning description: R3

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Roof: Flat

Condition

Major remodel year: 2022

Utilities & green energy

Gas: Gas-Natural
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected

Community & HOA

Community

Security: Carbon Monoxide Detector(s)

Location

Region: Newark

Financial & listing details

Price per square foot: $160/sqft
Tax assessed value: $258,600
Annual tax amount: $9,834
Date on market: 3/7/2025
Total actual rent: 1500
Tenant pays: Electricity, Gas, Tenant Pays Heat, Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Water
Electric utility on property: Yes

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
10/23/2025	Price change	$400,000-11.1%$160/sqft
Source: GSMLS #3949593 Report a problem
8/27/2025	Price change	$450,000-9.8%$180/sqft
Source: GSMLS #3949593 Report a problem
6/19/2025	Price change	$499,000-5%$200/sqft
Source: GSMLS #3949593 Report a problem
4/15/2025	Price change	$525,000-4.5%$210/sqft
Source: GSMLS #3949593 Report a problem
3/7/2025	Listed for sale	$550,000+37.8%$220/sqft
Source: GSMLS #3949593 Report a problem