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249 4Th St, Newark, NJ, 07107

4beds
2baths
0sqft
$489,900
--price/sqft
$3,889/moest. monthly cost
$155,560/yrincome needed

About This Home

2-family home offering incredible potential for investors or owner-occupants alike! The first-floor unit features living room, dining room, eat-in kitchen with pantry, 2 bedrooms, and a full bath. The second-floor apartment offers a similar layout with a living room, dining room, eat-in kitchen, 2 bedrooms, a full bath, plus an additional office/computer room ideal for working from home. The walk-up third floor includes 2 finished rooms, providing flexible bonus space. Additional highlights include a 3-car driveway and endless opportunities to customize and add value. To help visualize this home's floor plan and to highlight its potential, photos are virtually enhanced and/or virtual furnishings may have been added to the photos found in this listing. The property is being sold strictly 'as-is'. There are no seller disclosures nor representations. The buyer is responsible for obtaining the CCC/CCO, and smoke cert. and/or all inspections required to close. The property will not pass traditional financing in its current state. Cash Offers or Alternative Financing Only.

Getting Around

78
WalkingVery Walkable
73
TransitExcellent Transit
59
BikeBikeable

Schools

1/10
Barringer High SchoolGrades 9-120.3 mi
8/10
Technology High SchoolGrades 9-120.9 mi

Construction

Condition

  • Year built: 1915

Materials

  • Roof: Asphalt Shingle
  • Construction materials: Aluminum Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Range/Oven - Gas,Refrigerator,See Remarks

Basement

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

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Bedrooms,Dining Room,Eat-in Kitchen,Living Room,Pantry,See Remarks,Eat-In Kitchen

Heating

  • Heating features: 1 Unit,Radiators - Steam,See Remarks,Natural Gas,Oil Tank Below Ground

Interior Area

  • Total structure area: 0

Property

Details

  • Parcel number: 1614019140000000270000
  • Exclusions: Sold As-Is

Features

  • Levels: 3-Three Story
  • Stories: 3

Lot

  • Lot size: 3,049 sqft
  • Lot size dimensions: 31 x 100

Parking

  • Total spaces: 3
  • Parking features: 1 Car Width,Asphalt
  • 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 WaveRelatively High
  • Cold Wave
    Cold WaveModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Heat Wave
Cold 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 $2,477$29,724
Home Insurance *$362$4,344
Property Taxes $857$10,284
Electricity $193$2,318
Total$3,889$46,668
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$133,337/yr
40% on housing$116,670/yr
45% on housing$103,706/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 07107$314
Essex County$382

vs Homes Sold Last Month

Median $/sqft

ZIP 07107$199
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)

No zestimate history available

Price History

DateEventPrice
2026-07-18Price change$489,900
2026-06-23Price change$499,900
2026-05-16Listed for sale$519,900
2019-08-21Listing removed$183,602
2019-08-20Price change$183,602
2019-08-19Price change$184,399
2019-08-17Price change$184,336
2019-08-14Price change$183,560
2019-08-13Price change$183,292
2019-08-08Price change$181,408
2019-08-05Price change$181,380
2019-08-03Price change$180,550
2019-07-24Price change$178,095
2019-07-21Price change$178,012
2019-07-20Price change$177,799
2019-07-18Price change$175,929
2019-07-15Price change$172,597
2019-07-13Price change$173,107
2019-07-11Price change$172,341
2019-07-07Price change$171,809
2019-07-04Price change$171,369
2019-07-03Price change$170,840
2019-07-02Price change$170,659
2019-06-29Price change$169,806
2019-06-26Listed for sale$170,279

For Sale by Agent

AgentAnthony Nelson
BrokerageColdwell Banker Realty

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