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83 Stuyvesant Ave, Newark, NJ, 07106

6beds
4.1baths
0sqft
$850,000
--price/sqft
$6,438/moest. monthly cost
$257,520/yrincome needed

About This Home

Welcome to 83 Stuyvesant Avenue, a stunning newly constructed two-family home in Newark's sought-after Lower Vailsburg neighborhood. Built in 2022, this modern residence offers approximately 3,285 square feet of thoughtfully designed living space, making it an exceptional opportunity for both owner-occupants and investors. Each unit showcases contemporary finishes, spacious open-concept living and dining areas, stylish kitchens with quality cabinetry and modern fixtures, generously sized bedrooms, and beautifully appointed bathrooms. The property's versatile layout provides the perfect opportunity to live in one unit while generating rental income from the other, or to maximize cash flow as a full investment property. Designed with today's lifestyle in mind, this home features quality craftsmanship, abundant natural light, and low-maintenance new construction. Conveniently located near major highways, public transportation, schools, shopping, parks, and dining, commuting throughout Newark and to New York City is both quick and convenient. Whether you're looking to expand your investment portfolio or secure a beautiful multi-family home with income potential, 83 Stuyvesant Avenue offers modern living, flexibility, and long-term value in one of Newark's growing neighborhoods.

Getting Around

78
WalkingVery Walkable
55
TransitGood Transit
42
BikeSomewhat Bikeable

Schools

3/10
Lincoln Elementary SchoolGrades PK-80.3 mi
1/10
West Side High SchoolGrades 9-121.4 mi
1/10
Central High SchoolGrades 9-122.1 mi

Construction

Condition

  • Year built: 2022

Materials

  • Roof: Asphalt Shingle
  • Construction materials: Aluminum Siding,Brick

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Dishwasher,Kitchen Exhaust Fan,Microwave Oven,Range/Oven - Gas
  • Laundry features: Laundry Room

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 4.1
  • Full bathrooms: 4
  • 1/2 bathrooms: 1

Features

  • Rec Room,Storage,Utility Room,Bedrooms,Kitchen,Living/Dining Room,Master Bedroom

Heating & Cooling

  • Heating features: 2 Units,Forced Air,Natural Gas
  • Cooling features: 2 Units,Central Air

Interior Area

  • Total structure area: 0

Property

Details

  • Parcel number: 1614041120000000160000

Features

  • Levels: 3-Three Story
  • Stories: 3

Lot

  • Lot size: 2,613 sqft
  • Lot size dimensions: 2500 SF

Parking

  • Total spaces: 2
  • Parking features: Driveway-Exclusive
  • Uncovered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Strong Wind
Winter Weather

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,298$51,576
Home Insurance *$460$5,520
Property Taxes $1,487$17,844
Electricity $193$2,318
Total$6,438$77,256
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$220,731/yr
40% on housing$193,140/yr
45% on housing$171,680/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.4%
7.4%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 07106$248
Essex County$382

vs Homes Sold Last Month

Median $/sqft

ZIP 07106$221
Essex County$391

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-22Listed for sale$850,000
2022-10-31Sold$690,000
2022-10-25Pending sale$700,000
2022-09-09Listed for sale$700,000
2022-07-20Listing removed--
2022-06-08Pending sale$649,900
2022-02-07Listing removed--
2021-07-20Listed for sale$649,900
2020-12-04Sold$55,000
2007-03-13Sold$103,000
2006-08-29Sold$6,000

For Sale by Agent

AgentHachmi Cherif Lounes
BrokerageKeller Williams City Life Realty

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