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337 13Th Ave, Newark, NJ, 07103

6beds
4.1baths
3,970sqft
$875,000
$220price/sqft
$7,011/moest. monthly cost
$280,440/yrincome needed

About This Home

Welcome to this exceptional multi-family home offering 6 bedrooms and 4.5 bathrooms, thoughtfully designed to provide both comfort and versatility for investors and owner-occupants alike. This property features spacious living areas, generously sized bedrooms, and abundant natural light throughout, creating a warm and inviting atmosphere. Step outside to enjoy a private backyard, perfect for entertaining, relaxing, or creating your own outdoor retreat. For added peace of mind and long-term value, the home includes a 10-year builder?s warranty along with a 5-year tax abatement, offering significant savings and confidence in your investment. Conveniently located near major highways, public transportation, shopping, and schools, this property blends modern living with everyday convenience.

Getting Around

78
WalkingVery Walkable
69
TransitGood Transit
55
BikeBikeable

Schools

1/10
West Side High SchoolGrades 9-120.4 mi
1/10
Central High SchoolGrades 9-120.8 mi

Construction

Condition

  • Year built: 2025

Materials

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

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Dishwasher,Range/Oven - Gas,Washer/Dryer Stacked,Washer

Basement

  • Basement: None

Bedrooms & Bathrooms

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

Features

  • Bedrooms,Dining Room,Eat-in Kitchen,Living Room,Master Bedroom,Rec Room,Eat-In Kitchen

Heating & Cooling

  • Heating features: 2 Units,Natural Gas
  • Cooling features: 2 Units

Interior Area

  • Total structure area: 3,970
  • Total interior livable area: 3,970 sqft

Property

Details

  • Parcel number: 1614018000000000380001

Features

  • Levels: 3-Three Story
  • Stories: 3

Lot

  • Lot size: 3,049 sqft
  • Lot size dimensions: 3125SF

Parking

  • Total spaces: 1
  • Parking features: Driveway-Exclusive
  • Uncovered spaces: 1

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

  • Heat Wave
    Heat WaveModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Heat Wave
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 $4,424$53,088
Home Insurance *$619$7,428
Property Taxes $1,531$18,372
Electricity $437$5,251
Total$7,011$84,132
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$240,377/yr
40% on housing$210,330/yr
45% on housing$186,960/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

$220This listing

vs Other Active Listings

Avg $/sqft

ZIP 07103$278
Essex County$382

vs Homes Sold Last Month

Median $/sqft

ZIP 07103$164
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
2026-03-16Listed for sale$875,000
2026-03-10Listing removed$950,000
2026-02-08Price change$900,000
2026-01-20Listed for sale$950,000

For Sale by Agent

AgentJanaya Albright
BrokerageLuxe Listings

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