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19 Highland Ave, Newark, NJ, 07104

5beds
3baths
0sqft
$550,000
--price/sqft
$4,297/moest. monthly cost
$171,880/yrincome needed

About This Home

Excellent investment opportunity or owner-occupant property in the desirable North Newark section! This move-in-ready 2-family home features a spacious vacant first-floor unit with 2 bedrooms, offering the perfect opportunity for an owner-occupant or to generate additional rental income at market rent. The second-floor unit offers 3 bedrooms and is currently rented for $2,100 per month. The fully finished basement provides additional living space.The property has a long private driveway with ample off-street parking, a highly sought-after feature in Newark. Well maintained and ready for its next owner, this property offers strong income potential while allowing an owner to move right in. Conveniently located near transportation, major highways, shopping, schools, and parks. Whether you're looking to expand your investment portfolio or live in one unit while collecting rental income from the others, this is an opportunity you don't want to miss!

Getting Around

84
WalkingVery Walkable
74
TransitExcellent Transit
47
BikeSomewhat Bikeable

Schools

4/10
1/10
Barringer High SchoolGrades 9-120.2 mi
8/10
Technology High SchoolGrades 9-120.5 mi

Construction

Materials

  • Roof: Asphalt Shingle,Flat
  • Construction materials: Aluminum Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Range/Oven - Gas,Gas Water Heater

Basement

  • Has basement: Yes
  • Basement: Yes,Finished

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Bedrooms,Kitchen,Living Room

Heating & Cooling

  • Heating features: 1 Unit,Baseboard - Hotwater,Natural Gas
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 0

Property

Details

  • Parcel number: 1614005070000000460000

Features

  • Levels: Two
  • Stories: 2
  • Exterior features: Sidewalk

Lot

  • Lot size: 2,613 sqft
  • Features: Level
  • Lot size dimensions: 25.2 x 100

Parking

  • Total spaces: 3
  • Parking features: 1 Car Width,None
  • Uncovered spaces: 3

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 $2,781$33,372
Home Insurance *$361$4,332
Property Taxes $962$11,544
Electricity $193$2,318
Total$4,297$51,564
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$147,325/yr
40% on housing$128,910/yr
45% on housing$114,586/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 07104$314
Essex County$382

vs Homes Sold Last Month

Median $/sqft

ZIP 07104$299
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
2026-06-25Listed for sale$550,000
2022-01-06Sold$315,000
2021-05-12Sold$165,000

For Sale by Agent

AgentBishoy Megalla
BrokerageKeller Williams Team Realty

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