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111 Highland Avenue, Newark, NJ, 07104

8beds
5baths
4,396sqft
$804,900
$183price/sqft
$6,490/moest. monthly cost
$259,600/yrincome needed

About This Home

Great income producing property, fully rented close to transportation,shopping, and entertainment... 24 hr notice

Getting Around

84
WalkingVery Walkable
72
TransitExcellent Transit
48
BikeSomewhat Bikeable

Schools

1/10
Barringer High SchoolGrades 9-120.4 mi
8/10
Technology High SchoolGrades 9-120.5 mi

Construction

Condition

  • Year built: 2002

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Finished,Full

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 5
  • Full bathrooms: 5

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 4,396
  • Total interior livable area: 4,396 sqft

Property

Details

  • Parcel number: 1400538000000055

Features

  • Stories: 3

Lot

  • Lot size: 2,178 sqft
  • Lot size dimensions: 25 x 100

Parking

  • Total spaces: 2
  • Parking features: Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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 $4,070$48,840
Home Insurance *$528$6,336
Property Taxes $1,408$16,896
Electricity $484$5,815
Total$6,490$77,880
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$222,514/yr
40% on housing$194,700/yr
45% on housing$173,066/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

$183This listing

vs Other Active Listings

Avg $/sqft

ZIP 07104$316
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
2026-08-03Listed for sale$804,900
2023-11-28Listing removed--
2023-09-18Price change$2,400
2023-09-08Price change$2,500
2023-08-24Price change$2,450
2023-05-31Listed for rent$2,500
2023-03-24Sold$635,000
2023-01-14Pending sale$625,000
2022-12-17Listed for sale$625,000
2016-08-01Sold$269,900
2016-04-07Sold$747,617
2016-04-01Listed for sale$269,900
2016-01-06Listing removed--
2015-12-11Listed for sale--
2009-01-31Listing removed$265,000
2008-12-03Price change$265,000
2008-11-15Price change$279,000
2008-10-27Price change$299,000
2008-10-10Price change$319,000
2008-09-30Price change$349,000
2008-09-22Price change$379,000
2008-09-14Price change$399,000
2008-09-03Price change$411,000
2008-08-16Listed for sale$460,000
2006-01-20Sold$460,000
2003-02-06Sold$335,000
2002-10-31Sold$265,000
2000-05-26Sold$27,000

For Sale by Agent

AgentWilliam Chudzik
BrokerageVRI Homes

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