58 11Th Ave, Newark, NJ, 07107
About This Home
Spacious and income-producing two-family home located in Newark's desirable Fairmount neighborhood, offering an excellent opportunity for both owner-occupants and investors - ideal for buyers looking to offset their mortgage with rental income. This well-maintained property features two oversized units with a total of 6 bedrooms and 5 full bathrooms, plus a fully finished basement providing additional flexible living space. The first unit offers 3 bedrooms and 3 full bathrooms, including a finished lower level with bonus rooms and a separate entrance. The second unit features an expansive 3-bedroom, 2-bath layout with a finished attic, providing additional usable space. Additional highlights include hardwood, vinyl, and tile flooring throughout, laundry area and ample storage spaces, private balcony space, and separate utilities. Whether you're looking to live in one unit while generating rental income from the other or expand your investment portfolio, this versatile multi-family property offers space, functionality, and long-term value in a prime Newark location. Eligible buyers may qualify for down payment and closing cost assistance programs, enhancing overall affordability.
Getting Around
Very Walkable
Good Transit
BikeableSchools
Construction
Condition
- Year built: 1897
Materials
- Roof: Asphalt Shingle
- Construction materials: Vinyl Siding
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Carbon Monoxide Detector,Range/Oven-Gas,Refrigerator
Basement
- Has basement: Yes
- Basement: Yes,Finished,Full
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 5
Heating & Cooling
- Heating features: Baseboard - Hotwater,Natural Gas
- Cooling features: Window Unit(s)
Kitchen
- Features: See Remarks
Property
Details
- Parcel number: 1614018110000000070000
Features
- Levels: Multi Floor Unit
Lot
- Lot size: 2,613 sqft
- Lot size dimensions: 25 x 100
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
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
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 | $3,185 | $38,220 |
| Home Insurance * | $466 | $5,592 |
| Property Taxes | $1,102 | $13,224 |
| Electricity | $193 | $2,318 |
| Total | $4,946 | $59,352 |
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 |
|---|---|---|
| 2026-05-07 | Listed for sale | $650,000 |
| 2026-01-16 | Listing removed | $3,250 |
| 2025-12-30 | Listed for rent | $3,250 |
| 2025-11-20 | Listing removed | $3,250 |
| 2025-10-30 | Listed for rent | $3,250 |
| 2018-01-10 | Listing removed | $1,700 |
| 2017-12-11 | Listed for rent | $1,700 |
| 2014-11-07 | Listing removed | $209,000 |
| 2014-02-21 | Price change | $209,000 |
| 2013-11-06 | Listed for sale | $228,000 |
| 2013-02-07 | Sold | $140,000 |
| 2012-05-17 | Listing removed | $225,000 |
| 2011-11-10 | Price change | $225,000 |
| 2011-06-14 | Listed for sale | $169,900 |
| 2011-03-21 | Sold | $30,000 |
| 2007-07-26 | Sold | $390,000 |
| 2005-08-23 | Sold | $225,000 |
| 1999-06-28 | Sold | $110,000 |
| 1999-05-28 | Sold | $44,000 |
| 1995-12-19 | Sold | $69,000 |
| 1995-11-02 | Sold | $20,000 |
| 1995-04-05 | Sold | $45,000 |
View on Zillow