697 1/2 N 5Th St, Newark, NJ, 07107
About This Home
Opportunity awaits with this well-located two-family property in Newark's desirable North Ward. Conveniently situated near public transportation, major highways, schools, shopping, dining, houses of worship, and the renowned Branch Brook Park. This income-producing property offers separate living spaces, making it ideal for investors or owner-occupants seeking rental income. Features include an oversized basement providing ample storage and potential for additional use, subject to local regulations. Enjoy easy access to recreation, commuter routes, and neighborhood amenities. A fantastic opportunity to add value and build long-term wealth in a strong rental market.
Getting Around
Very Walkable
Excellent Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1962
Materials
- Roof: Flat
- Construction materials: Stucco
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Range/Oven - Gas
Basement
- Has basement: Yes
- Basement: Yes,Partially Finished
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Features
- Bedrooms,Kitchen,Living/Dining Room
Heating & Cooling
- Heating features: 1 Unit,Baseboard - Hotwater,Natural Gas
- Cooling features: See Remarks
Interior Area
- Total structure area: 0
Property
Details
- Parcel number: 1614006630000000490000
Features
- Levels: Two
- Stories: 2
Lot
- Lot size: 1,742 sqft
- Lot size dimensions: 16.10 x 100
Parking
- Total spaces: 2
- Parking features: 2 Car Width
- 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
- Heat Wave
- Strong Wind
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across New Jersey Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,781 | $33,372 |
| Home Insurance * | $407 | $4,884 |
| Property Taxes | $962 | $11,544 |
| Electricity | $193 | $2,318 |
| Total | $4,343 | $52,116 |
Income You'd Need if You Spent...
New Jersey FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-12 | Price change | $550,000 |
| 2026-07-10 | Price change | $559,999 |
| 2026-07-08 | Price change | $560,000 |
| 2026-07-01 | Price change | $574,999 |
| 2026-06-08 | Listed for sale | $575,000 |
| 2018-05-29 | Sold | $159,000 |
| 2018-04-05 | Pending sale | $159,000 |
| 2018-03-05 | Listed for sale | $159,000 |
| 2018-02-27 | Pending sale | $159,000 |
| 2017-10-28 | Listed for sale | $159,000 |
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