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491 S 17Th St, Newark, NJ, 07103

6beds
2baths
1,998sqft
$534,900
$268price/sqft
$4,238/moest. monthly cost
$169,520/yrincome needed

About This Home

Perfect opportunity to own a newly updated 2 family home with INCREDIBLE LOW TAXES! This property is value-priced for owner occupant or investor! Featuring spacious bedrooms, new hardwood floors, updated kitchens and baths, forced air heat, a full unfinished basement, updated plumbing & electrical, and much more! The first floor includes a living room, 3 bedrooms, eat-in kitchen, and full bath. The 2nd floor includes 3 bedrooms, living, eat in kitchen, full bath, and an additional spare room / office / or possible 4th br addition! The basement is large with a good ceiling height, ideal for finishing to add additional living space. The exterior has been refreshed to create a nice curb appeal, and the backyard is large and has many possibilities as well. The location is ultra convenient, located near major transportation, downtown Newark, hospitals, schools, and major highways. This home is excellent value in today's market, especially with the super low taxes of only $1,819 per year!

Getting Around

71
WalkingVery Walkable
61
TransitGood Transit
50
BikeBikeable

Schools

1/10
West Side High SchoolGrades 9-120.3 mi
1/10
Central High SchoolGrades 9-121.0 mi

Construction

Condition

  • Year built: 1910

Materials

  • Roof: Asphalt Shingle
  • 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,Refrigerator

Basement

  • Has basement: Yes
  • Basement: Yes,Full,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Bedrooms,Eat-in Kitchen,Living Room,Eat-In Kitchen,Storage

Heating

  • Heating features: 2 Units,Forced Air,Natural Gas

Interior Area

  • Total structure area: 1,998
  • Total interior livable area: 1,998 sqft

Property

Details

  • Parcel number: 1614003260000000570000

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Porch

Lot

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

Parking

  • Parking features: None

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

How This Home’s Risks Compare

Heat Wave

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 $2,704$32,448
Home Insurance *$378$4,536
Property Taxes $936$11,232
Electricity $220$2,642
Total$4,238$50,856
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$145,302/yr
40% on housing$127,140/yr
45% on housing$113,013/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

$268This 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
2026-05-01Listed for sale$534,900
2026-04-27Listing removed$544,900
2026-04-09Price change$544,900
2026-04-09Listed for sale$539,900
2026-04-03Listing removed$544,900
2026-03-06Listed for sale$544,900
2026-03-05Listing removed$549,900
2026-03-03Pending sale$549,900
2026-02-03Listed for sale$549,900
2020-06-26Listing removed$289,000
2020-05-30Pending sale$289,000
2020-04-06Price change$289,000
2020-03-13Price change$299,000
2020-02-03Pending sale$289,000
2020-01-09Listed for sale$289,000
2019-11-28Listing removed$1,450
2019-09-27Listed for rent$1,450
2019-05-22Sold$70,000
2014-09-19Listing removed$55,000
2013-12-12Price change$55,000
2013-11-07Price change$59,000
2013-10-02Listed for sale$65,000
2006-02-10Sold$243,000
2005-06-15Sold$200,000

For Sale by Agent

AgentSilvio Lavrador
BrokerageRe/Max Select

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