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37 Grand Ave, Newark, NJ, 07106

9beds
6baths
5,239sqft
$1,250,000
$239price/sqft
$9,761/moest. monthly cost
$390,440/yrincome needed

About This Home

Nestled in the Upper Vailsburg section of Newark, 37 grand avenue boasts 5239 SQ.FT stretching across three level of living space. The first floor apartment offers en-suite bedroom with two walk-in closets, a full bathroom, two bedrooms and an open floor concept. Step into the second level and be greeted with a huge open floor concept, two bedrooms, a bathroom, an en-suite bedroom with two walk-in closets. The third floor boasts an open floor concept, two bedrooms, a bathroom and an en-suite bedroom with two walk-in closets. This 36 FT. towering beauty features a 6741Sq-Ft lot extending to the back of the house in the next town, a built-in two garage, a sprinkler system, separate utilities and laundry hookup in each unit, The construction will start in less than 15 days, Feel free to visit the site at your leisure. This brand new gem will enjoy a five years tax abatement.

Getting Around

80
WalkingVery Walkable
56
TransitGood Transit
50
BikeBikeable

Schools

4/10
Speedway AcademiesGrades PK-80.2 mi
1/10
West Side High SchoolGrades 9-120.9 mi
1/10
Central High SchoolGrades 9-121.8 mi

Construction

Condition

  • Property condition: Under Construction
  • New construction: Yes
  • Year built: 2026

Materials

  • Foundation: Slab
  • Roof: Asphalt Shingle
  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Dishwasher,Microwave,Range/Oven - Gas,Refrigerator,Microwave Oven,Gas Water Heater
  • Laundry features: Laundry Room

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 9
  • Bathrooms: 6
  • Full bathrooms: 6

Features

  • Walk-In Closet(s),Bedrooms,Kitchen,Master Bedroom,Living/Dining Room
  • Flooring: Wood

Heating & Cooling

  • Heating features: 3 Units,Forced Air,Electric,Natural Gas
  • Cooling features: 3 Units,Central Air

Interior Area

  • Total structure area: 5,239
  • Total interior livable area: 5,239 sqft

Property

Details

  • Parcel number: 1614042050001000190002
  • Zoning description: R2
  • Other equipment: Intercom
  • Exclusions: TBD

Features

  • Exterior features: Curbs,Sidewalk

Lot

  • Lot size: 6,534 sqft
  • Features: Level,Open Lot
  • Lot size dimensions: 6737SF

Parking

  • Total spaces: 2
  • Parking features: 2 Car Width,Concrete,Concrete Strip
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • 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

  • Heat Wave
    Heat WaveRelatively High
  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Heat Wave
Cold Wave
Inland Flooding
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 $6,320$75,840
Home Insurance *$677$8,124
Property Taxes $2,187$26,244
Electricity $577$6,930
Total$9,761$117,132
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$334,662/yr
40% on housing$292,830/yr
45% on housing$260,293/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

$239This listing

vs Other Active Listings

Avg $/sqft

ZIP 07106$252
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
2026-01-02Listed for sale$1,250,000
2026-01-01Listing removed$1,259,000
2025-09-22Listed for sale$1,259,000
2024-04-27Listing removed--
2023-10-26Listed for sale$325,000
2021-03-24Listing removed--
2015-03-10Listing removed$180,000
2015-01-09Listed for sale$180,000

New Construction

AgentJeanmichel Sery
BrokerageJd Frances Realty & G.R.

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