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348 13Th Ave, Newark, NJ, 07103

8beds
4baths
2,925sqft
$730,000
$250price/sqft
$5,806/moest. monthly cost
$232,240/yrincome needed

About This Home

This property offers incredible flexibility and opportunity. Live in one unit and rent out the other two, or rent all three for maximum income potential the possibilities are endless! Conveniently located close to everything you need. Don't miss out on this fantastic investment!

Getting Around

74
WalkingVery Walkable
68
TransitGood Transit
54
BikeBikeable

Schools

1/10
West Side High SchoolGrades 9-120.3 mi
1/10
Central High SchoolGrades 9-120.9 mi

Construction

Condition

  • Year built: 1910

Materials

  • Roof: Asphalt Shingle
  • Construction materials: Aluminum Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Basement

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

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • Bedrooms,Dining Room,Eat-in Kitchen,Living Room,Eat-In Kitchen,Kitchen,Attic

Heating & Cooling

  • Heating features: 3 Units,Natural Gas
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 2,925
  • Total interior livable area: 2,925 sqft

Property

Details

  • Parcel number: 1614017800000000060000

Features

  • Levels: 3-Three Story
  • Stories: 3

Lot

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

Parking

  • Parking features: On Street

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
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Heat Wave
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 $3,691$44,292
Home Insurance *$516$6,192
Property Taxes $1,277$15,324
Electricity $322$3,869
Total$5,806$69,672
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$199,062/yr
40% on housing$174,180/yr
45% on housing$154,826/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

$250This 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
2026-06-29Price change$730,000
2026-06-17Listed for sale$750,000
2025-12-31Listing removed$649,000
2025-07-29Pending sale$649,000
2025-06-17Price change$649,000
2025-06-11Price change$639,000
2025-06-11Listed for sale$649,000
2024-01-12Listing removed--
2023-10-30Price change$588,000
2023-10-13Listed for sale$599,000
2021-10-19Sold$460,000
2020-11-04Listing removed$385,000
2020-10-06Price change$385,000
2020-07-13Listed for sale$400,000
2016-07-07Sold$360,000
2015-05-01Listing removed$100,000
2014-11-26Listed for sale$100,000
2014-11-06Pending sale$100,000
2014-11-06Listed for sale$100,000
2014-05-13Listing removed$100,000
2014-05-07Price change$100,000
2014-04-03Listed for sale$149,900
2014-04-03Pending sale$149,900
2014-04-03Listed for sale$149,900
2013-08-03Listing removed$149,900
2013-05-07Listed for sale$149,900
2006-06-08Sold$350,000
2005-02-28Sold$275,000
2004-06-24Sold$160,000

For Sale by Agent

AgentHeather Corrigan
BrokerageRe/Max Signature Homes

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