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447 S 17Th St, Newark, NJ, 07103

4beds
2baths
0sqft
$470,000
--price/sqft
$3,723/moest. monthly cost
$148,920/yrincome needed

About This Home

Well-maintained two-family home offering strong income potential and functional living space. Perfect opportunity for investors looking to add to their portfolio or buyers looking to live in one unit while generating rental income from the other. Both units include laundry hookups, adding tenant convenience and rental appeal. Unit 2 was updated in 2025. Conveniently located near major transportation routes, shopping, schools, and local amenities

Getting Around

69
WalkingSomewhat Walkable
61
TransitGood Transit
50
BikeBikeable

Schools

1/10
West Side High SchoolGrades 9-120.2 mi
1/10
Central High SchoolGrades 9-121.1 mi

Construction

Condition

  • Year built: 1899

Materials

  • Roof: Asphalt Shingle
  • Construction materials: Aluminum Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Dryer,Microwave,Range/Oven - Gas,Refrigerator,Washer,Microwave Oven
  • Laundry features: Laundry Room

Basement

  • Has basement: Yes
  • Basement: Yes,Unfinished

Bedrooms & Bathrooms

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

Features

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

Heating & Cooling

  • Heating features: 2 Units,Forced Air,Natural Gas
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 0

Property

Details

  • Parcel number: 1614003210000000280000
  • Exclusions: Personal items

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 2,613 sqft
  • Lot size dimensions: 25 x 100

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
  • 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 $2,376$28,512
Home Insurance *$332$3,984
Property Taxes $822$9,864
Electricity $193$2,318
Total$3,723$44,676
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$127,645/yr
40% on housing$111,690/yr
45% on housing$99,280/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
2026-04-22Listed for sale$489,900
2026-04-09Pending sale$489,900
2026-02-18Listed for sale$489,900
2023-09-22Listing removed--
2021-09-21Sold$307,000
2021-05-25Listed for sale$319,000
2021-05-06Listing removed--
2021-04-16Pending sale$314,000
2021-04-01Price change$314,000
2021-02-15Listed for sale$319,000
2020-02-20Sold$90,000
2019-10-31Listing removed$85,500
2019-10-24Listed for sale$85,500
2019-09-17Listing removed$85,500
2019-09-10Listed for sale$85,500
2019-08-07Listing removed$94,900
2019-07-31Listed for sale$94,900
2019-06-14Listing removed$94,900
2019-06-11Listed for sale$94,900
2018-01-17Listing removed$91,669
2017-12-19Listed for sale--
2014-11-14Listing removed$90,000
2013-11-30Listed for sale$90,000
2012-06-16Listing removed$80,000
2012-02-09Listed for sale$80,000
2011-04-05Sold$180,000
2009-09-29Sold$19,500

For Sale by Agent

AgentMitchel Lafortune
BrokerageEssential Real Estate

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