191 1St Ave, Newark, NJ, 07107
About This Home
Beautiful income-producing 2-family in a prime Newark location, offering spacious living, high ceilings, central air in both units, 5 bedrooms, 3 bathrooms, and a large backyard. Ideally situated near shopping, transportation, and everyday conveniences, this property combines comfort, convenience, and strong investment potential. With strong rental demand in the area, this property presents excellent upside and long-term value. This property is being sold strictly "AS IS" and "Where IS" Tenants included.
Getting Around
Very Walkable
Excellent Transit
BikeableSchools
Construction
Condition
- Year built: 1902
Materials
- Roof: Flat
- Construction materials: Vinyl Siding
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Range/Oven - Gas
Basement
- Has basement: Yes
- Basement: Yes,Unfinished
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Features
- Bedrooms,Dining Room,Eat-in Kitchen,Kitchen,Living Room,Eat-In Kitchen
Heating & Cooling
- Heating features: 2 Units,Cent Register Heat,Natural Gas
- Cooling features: Central Air
Interior Area
- Total structure area: 0
Property
Details
- Parcel number: 1614005990000000350000
- Exclusions: Owners Personal Property
Features
- Levels: Two
- Stories: 2
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
- Cold Wave
- Strong Wind
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across New Jersey Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,477 | $29,724 |
| Home Insurance * | $363 | $4,356 |
| Property Taxes | $857 | $10,284 |
| Electricity | $193 | $2,318 |
| Total | $3,890 | $46,680 |
Income You'd Need if You Spent...
New Jersey FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-11 | Listed for sale | $489,999 |
| 2026-04-07 | Listing removed | $499,900 |
| 2026-03-02 | Price change | $499,900 |
| 2026-02-22 | Listed for sale | $479,900 |
| 2026-01-29 | Listing removed | $498,500 |
| 2026-01-12 | Price change | $498,500 |
| 2025-10-28 | Listed for sale | $499,000 |
| 2025-08-19 | Listing removed | $524,999 |
| 2025-08-02 | Price change | $599,000 |
| 2025-07-31 | Price change | $524,999 |
| 2025-07-28 | Listed for sale | $599,000 |
| 2024-02-16 | Sold | $485,000 |
| 2023-11-16 | Pending sale | $475,000 |
| 2023-09-24 | Listed for sale | $475,000 |
| 2023-09-02 | Listing removed | $548,000 |
| 2023-06-05 | Listed for sale | $548,000 |
| 2023-03-07 | Sold | $300,000 |
| 2000-02-15 | Sold | $84,000 |
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