See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

123 Seymour Ave, Newark, NJ, 07108

5beds
3baths
4,534sqft
$500,000
$110price/sqft
$4,183/moest. monthly cost
$167,320/yrincome needed

About This Home

Tenant lives on the 1st floor with lease expiration in June. Second and Third Floor is vacant. Home has good bones. No driveway but on street parking. Home requires some work Underground oil tank. Spacious throughout. Great for an investment or ready for move in 1st floor 3 bedroom; 2nd floor -2 bedroom; 3rd floor- 1 bedroom. Close to schools and transportation.

Getting Around

79
WalkingVery Walkable
58
TransitGood Transit
47
BikeSomewhat Bikeable

Schools

1/10
1/10
Central High SchoolGrades 9-120.8 mi

Construction

Condition

  • Year built: 1917

Materials

  • Roof: See Remarks

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Water Heater(Gas),Water Heater,Unit 1(Range/Oven,Refrigerator)

Basement

  • Has basement: Yes
  • Basement: Full, None

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3

Features

  • Unit 1(3 Bedrooms,Kitchen,1 Bath,Living Room,See Remarks),Unit 2(),Unit 3(2 Bedrooms)

Heating & Cooling

  • Heating features: Separate Furnaces
  • Cooling features: A/C Central - All

Interior Area

  • Total structure area: 4,534
  • Total interior livable area: 4,534 sqft

Property

Details

  • Parcel number: 1403024000000088

Features

  • Stories: 3
  • Patio & porch: Porch
  • Exterior features: Porch

Lot

  • Lot size: 2,901 sqft
  • Features: See Remarks
  • Lot size dimensions: 100.00 x 0.00

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 $2,528$30,336
Home Insurance *$281$3,372
Property Taxes $875$10,500
Electricity $499$5,997
Total$4,183$50,196
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$143,417/yr
40% on housing$125,490/yr
45% on housing$111,546/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

$110This listing

vs Other Active Listings

Avg $/sqft

ZIP 07108$253
Essex County$382

vs Homes Sold Last Month

Median $/sqft

ZIP 07108$264
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
2026-03-18Listed for sale$500,000

For Sale by Agent

AgentSHANAE S. HAWKINS
BrokerageKELLER WILLIAMS ELITE REALTORS

Similar Homes