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536 S 18Th St, Newark, NJ, 07103

6beds
2baths
0sqft
$499,000
--price/sqft
$3,942/moest. monthly cost
$157,680/yrincome needed

About This Home

Turnkey income-producing 2-family home featuring two tenant-occupied 3-bedroom, 1-bath units, offering immediate rental income from day one. A great opportunity for investors seeking steady cash flow and long-term appreciation in Newark's strong rental market. Conveniently located near major highways, public transportation, shopping, schools, and local amenities, making it an attractive investment with consistent tenant demand.

Getting Around

72
WalkingVery Walkable
60
TransitGood Transit
50
BikeBikeable

Schools

1/10
West Side High SchoolGrades 9-120.4 mi
1/10
Central High SchoolGrades 9-121.0 mi

Construction

Condition

  • Year built: 1923

Materials

  • Roof: Asphalt Shingle
  • Construction materials: Vinyl Siding

Notable Dates

  • Major remodel year: 2025

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Range/Oven - Gas,Refrigerator

Basement

  • Has basement: Yes
  • Basement: Yes,Unfinished

Bedrooms & Bathrooms

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

Features

  • Bedrooms,Dining Room,Kitchen,Living Room

Heating & Cooling

  • Heating features: Radiators - Hot Water,Natural Gas
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 0

Property

Details

  • Parcel number: 1614003350000000400000

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 3,049 sqft
  • Lot size dimensions: 30.8 x 100

Parking

  • Total spaces: 4
  • Parking features: 1 Car Width,None
  • Uncovered spaces: 4

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 $2,523$30,276
Home Insurance *$353$4,236
Property Taxes $873$10,476
Electricity $193$2,318
Total$3,942$47,304
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$135,154/yr
40% on housing$118,260/yr
45% on housing$105,120/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
2026-07-07Listed for sale$499,000
2021-07-12Sold$285,000
2020-11-20Listing removed$299,000
2020-11-12Listed for sale$299,000
2017-08-18Sold$160,000
2017-07-21Pending sale$185,000
2017-06-09Listed for sale$185,000
2017-02-14Listing removed$1,200
2017-01-27Listed for rent$1,200
2016-05-04Sold$65,000
2015-10-30Price change$75,000
2015-08-18Listed for sale$115,000

For Sale by Agent

AgentJeffrey Cuate
BrokerageRe/Max Professionals I

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