212 3rd St, Newark, NJ, 07107
About This Home
Presenting an exceptional income-generating property in Newark, this updated 2-family residence spans 4380 sq ft as per town records. First and second floor apartments each offer 3 bedrooms, one new bathroom, spacious kitchen with walk-in pantry and master bedrooms with walk-in closets. Fully finished large attic with a lot of potential including a bath. Attic and the second floor apartment were rented together to a section 8 family. Mostly finished basement with new bathroom and inside/outside entrances. Basement floor is unfinished and seller won't credit for it. No appliances. First floor apartment won't be available for showings and the property is expected to be delivered with a first-floor tenant, unless otherwise negotiated. Buyers responsible for CO and town inspections. Underground oil tank scheduled to be removed on 3/12/26 at owner's expense. Sold strictly 'as is'. Close to transportation and shopping. Showing
Getting Around
Very Walkable
Excellent Transit
BikeableSchools
Construction
Condition
- Year built: 1915
Materials
- Roof: Asphalt
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Water Heater(Gas),Water Heater
Basement
- Has basement: Yes
- Basement: Partially Finished, Full, Bath Full, Other Room(s), Exterior Entry, Recreation Room, Storage Space, Divided Use, Utility Room, Laundry Facilities
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 4
Features
- Unit 1(3 Bedrooms,Kitchen,1 Bath,Living Room),Unit 2(3 Bedrooms,Kitchen,1 Bath,Living Room)
Heating & Cooling
- Heating features: Auxiliary Electric Heat,Baseboard,Radiant,Radiators-Hot Water
- Cooling features: None,A/C Window Unit(s)
Interior Area
- Total structure area: 4,380
- Total interior livable area: 4,380 sqft
Property
Details
- Parcel number: 1401914000000052
Features
- Stories: 3
- Patio & porch: Porch(es) - Open,Porch
- Exterior features: Porch(es) - Open,Porch
Lot
- Lot size: 2,500 sqft
- Features: Near Shopping,Near Train,Level,Near Public Transit
- Lot size dimensions: 100.00 x 25.00
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
- 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 | $3,180 | $38,160 |
| Home Insurance * | $466 | $5,592 |
| Property Taxes | $1,100 | $13,200 |
| Electricity | $482 | $5,793 |
| Total | $5,228 | $62,736 |
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 |
|---|---|---|
| 2026-03-07 | Listed for sale | $629,000 |
| 2026-02-04 | Listing removed | $629,000 |
| 2026-01-09 | Listed for sale | $629,000 |
For Sale by Agent
View on Zillow