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94 Van Buren St, Newark, NJ, 07105

5beds
3baths
3,176sqft
$675,000
$213price/sqft
$5,334/moest. monthly cost
$213,360/yrincome needed

About This Home

Whether you're looking to expand your investment portfolio or occupy one unit while generating rental income from the other, this well-maintained two-family home in Newark offers exceptional flexibility and value. With separate utilities and private entrances, it's an ideal opportunity for owner-occupants and investors alike. The first-floor unit features a bright living room, eat-in kitchen, sunroom, two comfortable bedrooms, and a full bath with a walk-in shower. The second-floor unit offers a spacious living room, formal dining room, eat-in kitchen, three bedrooms, and a full bath with a walk-in shower. The full finished basement adds even more versatility with its own kitchen, full bath with a stall shower, and multiple bonus rooms that can accommodate a variety of needs. Step outside to enjoy the fenced-in backyard complete with a patio and storage shed, providing the perfect space for outdoor entertaining, relaxing, or additional storage. Additional highlights include wall-unit air conditioning, on-street parking, and separate utilities for added convenience. Conveniently located to the train & bus line for an easy commute + close to shopping, dining, parks and more. Don't miss out! This opportunity will not last!

Getting Around

98
WalkingWalker's Paradise
88
TransitExcellent Transit
69
BikeBikeable

Schools

2/10
East Side High SchoolGrades 9-120.4 mi
1/10
Central High SchoolGrades 9-121.9 mi

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,Unit 1(Range/Oven),Unit 2(Range/Oven)

Basement

  • Has basement: Yes
  • Basement: Full, Finished, Bath Full, Other Room(s), Exterior Entry, Storage Space, Interior Entry, Utility Room, Kitchen, Laundry Facilities

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3

Features

  • Unit 1(2 Bedrooms,Kitchen,Laundry Hookup,1 Bath),Unit 2(Dining Room,3 Bedrooms,Kitchen,1 Bath,Living Room)
  • Flooring: Unit 2 Carpet

Heating & Cooling

  • Heating features: Baseboard
  • Cooling features: Ceiling Fan(s),A/C Wall Unit(s),Unit 1(A/C Unit),Unit 2(A/C Unit)

Interior Area

  • Total structure area: 3,176
  • Total interior livable area: 3,176 sqft

Property

Details

  • Parcel number: 1401992000000048

Features

  • Stories: 2
  • Patio & porch: Patio,Enclosed
  • Exterior features: Patio,Porch(es) - Enclosed,Curbs,Sidewalk,Fencing/Wall,Storage Shed,Yard,Semi-Private Entry
  • Fencing: Fencing/Wall

Lot

  • Lot size: 2,565 sqft
  • Features: Near Shopping,Near Train,Level,Near Public Transit
  • Lot size dimensions: 102.00 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

  • Inland Flooding
    Inland FloodingVery High
  • Heat Wave
    Heat WaveRelatively High
  • Cold Wave
    Cold WaveModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Inland Flooding
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 $3,413$40,956
Home Insurance *$390$4,680
Property Taxes $1,181$14,172
Electricity $350$4,201
Total$5,334$64,008
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$182,880/yr
40% on housing$160,020/yr
45% on housing$142,240/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

$213This listing

vs Other Active Listings

Avg $/sqft

ZIP 07105$362
Essex County$382

vs Homes Sold Last Month

Median $/sqft

ZIP 07105$206
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
2026-07-23Listed for sale$675,000

For Sale by Agent

AgentROBERT DEKANSKI
BrokerageRE/MAX 1st ADVANTAGE

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