283 N 5Th St, Newark, NJ, 07107
About This Home
Well-maintained two-family home in the desirable North Newark section, offering an excellent opportunity for both owner-occupants and investors. Each unit features 2 spacious bedrooms, 1 full bathroom, a bright living room, and an eat-in kitchen. The fully finished walkout basement includes two additional rooms, providing flexible space for recreation, a home office, gym, or storage (buyer to perform their own due diligence regarding permitted use). Enjoy a private backyard, perfect for entertaining or relaxing. The property also features an updated roof for added peace of mind. Conveniently located near public transportation, major highways, schools, shopping, parks, and restaurants, with easy access to NYC. A fantastic opportunity with plenty of potential don't miss it!
Getting Around
Very Walkable
Excellent Transit
BikeableSchools
Construction
Condition
- Year built: 1920
Materials
- Roof: See Remarks
- Construction materials: See Remarks
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: See Remarks
Basement
- Has basement: Yes
- Basement: Yes,Full,Unfinished
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Features
- Bedrooms,Eat-in Kitchen,Living/Dining Room,Eat-In Kitchen
Heating & Cooling
- Heating features: Baseboard - Hotwater,Natural Gas
- Cooling features: Window Unit(s)
Interior Area
- Total structure area: 0
Property
Details
- Parcel number: 1614019320000000490000
- Exclusions: 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 | $3,286 | $39,432 |
| Home Insurance * | $481 | $5,772 |
| Property Taxes | $1,137 | $13,644 |
| Electricity | $193 | $2,318 |
| Total | $5,097 | $61,164 |
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 |
|---|---|---|
| 2026-08-12 | Price change | $646,999 |
| 2026-08-12 | Listed for sale | $599,999 |
| 2026-08-04 | Listing removed | $649,999 |
| 2026-07-21 | Listed for sale | $649,999 |
| 2024-06-14 | Sold | $510,000 |
| 2024-06-06 | Pending sale | $445,000 |
| 2024-03-11 | Price change | $449,000 |
| 2023-12-21 | Price change | $444,500 |
| 2023-12-05 | Listed for sale | $445,000 |
| 2023-10-20 | Listing removed | -- |
| 2023-09-05 | Price change | $445,000 |
| 2023-05-19 | Listed for sale | $449,000 |
| 2023-01-26 | Listing removed | -- |
| 2023-01-19 | Price change | $375,000 |
| 2023-01-07 | Listed for sale | $415,000 |
| 2023-01-07 | Listing removed | $475,000 |
| 2022-10-26 | Listed for sale | $475,000 |
| 2021-07-28 | Listing removed | -- |
| 2021-04-08 | Price change | $340,000 |
| 2020-09-29 | Price change | $360,000 |
| 2020-07-27 | Listed for sale | $375,000 |
| 2019-07-01 | Sold | $285,000 |
| 2018-11-16 | Sold | $190,000 |
| 2017-04-26 | Listing removed | $59,900 |
| 2017-03-16 | Pending sale | $59,900 |
| 2016-11-28 | Listed for sale | $59,900 |
| 1995-01-18 | Sold | $8,000 |
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