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544 S 11Th St, Newark, NJ, 07103

4beds
2baths
0sqft
$499,900
--price/sqft
$3,947/moest. monthly cost
$157,880/yrincome needed

About This Home

Fully Vacant Newark 2-Family Investment Opportunity. Turnkey income-producing property ideal for investors or owner-occupants seeking a house hack. Each unit features 2 bedrooms, updated finishes, hardwood floors, separate utilities, forced hot air, and central air. A full basement adds storage and value-add potential. Spacious backyard offers additional outdoor space. Move-in ready with immediate rental upside. Convenient access to I-280, Route 21, Downtown Newark, and major commuter routes.

Getting Around

82
WalkingVery Walkable
60
TransitGood Transit
57
BikeBikeable

Schools

1/10
West Side High SchoolGrades 9-120.5 mi
1/10
Central High SchoolGrades 9-120.6 mi

Construction

Condition

  • Year built: 1895

Materials

  • Roof: Flat
  • Construction materials: Vinyl Siding

Notable Dates

  • Major remodel year: 2026

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Range/Oven - Gas,See Remarks

Basement

  • Has basement: Yes
  • Basement: Yes,Full

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Bedrooms,Kitchen,Living Room,See Remarks,Storage

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: 1614003080000000430000

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 2,613 sqft
  • Lot size dimensions: 21 x 125

Parking

  • Parking features: On Street

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
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

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 $2,527$30,324
Home Insurance *$353$4,236
Property Taxes $874$10,488
Electricity $193$2,318
Total$3,947$47,364
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$135,325/yr
40% on housing$118,410/yr
45% on housing$105,253/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 07103$277
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
2026-03-25Listed for sale$499,900
2026-02-25Listing removed$499,000
2026-01-27Listed for sale$499,000
2021-07-12Sold$250,000
2020-11-20Listing removed$299,000
2020-11-12Listed for sale$299,000
2019-11-28Listing removed$1,300
2019-10-28Listed for rent$1,300
2019-05-19Listing removed$1,300
2019-05-02Listed for rent$1,300
2018-03-28Listing removed$1,300
2018-03-22Listed for rent$1,300
2017-12-26Sold$150,000
2017-10-24Listed for sale$150,000
2017-05-16Listing removed$139,999
2017-02-24Price change$139,999
2017-01-18Price change$145,999
2016-12-20Listed for sale$148,999
2016-10-24Listing removed$154,900
2016-06-27Price change$154,900
2016-05-21Price change$159,999
2016-04-24Listed for sale$164,900
2015-08-06Listing removed$950
2015-06-29Price change$950
2015-06-02Price change$1,200
2015-04-15Listed for rent$1,000
2012-07-02Sold$55,200
2008-01-22Sold$370,000
2006-05-30Sold$85,000
2006-03-27Sold$45,000

For Sale by Agent

AgentAlain Beade
BrokerageRe/Max Professionals I

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