$650,000 $3,489 est/mo Sourced by Back At You
56 Columbia Ave,Newark City, NJ 07106
Newark City, NJ 07106
Description
Estate Sale. Welcome to this spacious 3 family newly renovated in 2024 featuring total 6 bedrooms and 3 full bathrooms, separate utilities 3 new boilers, 3 new hot water tanks and 3 meters; new floor. All units are fully rented; Unit 2 & 3 are month to month and unit 1 lease expires end of February 2027. This property is excellent opportunity for both home owners and investors. Inspection limited to structural, environmental and mechanical issues. New property taxes for 3rd QTR 2026 $3,749.89. Buyer to verify property taxes with the City of Newark.
Details
| MLS # | 4043354 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Under Contract |
| Year | 1910 |
| Days On Site | 74 |
| Listing Provided By | ELITE REALTORS OF NEW JERSEY | GLORIA DE CRUISE |
Features
| Bath(s) | 3 Total |
|---|---|
| Basement | Y |
| Zoning | Residential |
Taxes
| Property | 2575 |
|---|
Area Information
| State | NJ |
|---|---|
| County | Essex |
| City | Newark City |
| Zip Code | 07106 |
| Area | Essex |
| Listing VS Median (in 07106) | |
Price: $650,000 low | high Med: $209,350 On site: 74 low | high Med: 52 | |
Market Activity 07106
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Learn More About This Property
| State | NJ |
|---|---|
| County | Essex |
| City | Newark City |
| Zip Code | 07106 |
| Area | Essex |
| Listing VS Median (in 07106) | |
Price: $650,000 low | high Med: $209,350 On site: 74 low | high Med: 52 | |
Nearby Listings (Within 1/10 mile)
Price: $487K - $812K
sqft: 0 - 0
Listing Updated: October 9, 2026 at 11:21:58 AM PDT