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185 Grumman Ave, Newark, NJ, 07112

7beds
2baths
3,175sqft
$649,900
$205price/sqft
$5,114/moest. monthly cost
$204,560/yrincome needed

About This Home

Welcome to this spacious two-family home offering approximately 3,029 sq. ft. of living space on a generous 40' x 100.2' lot, larger than many in the neighborhood in Newark's desirable Weequahic section. Nestled on a residential street just minutes from Weequahic Park, this property offers the perfect blend of comfort, flexibility, and investment potential. The first-floor unit features 3 bedrooms and 1 full bath. The second-floor unit offers 4 bedrooms, 1 full bath, and a den/office, providing plenty of room for today's lifestyle needs. Both units include spacious living and dining areas, windowed eat-in kitchens, and practical layouts designed for everyday living. Recent updates include a roof approximately 3 years old. Additional highlights include separate gas and electric meters, a detached 1-car garage, a private driveway for up to 3 cars parked in tandem, a full and tall basement, and an attic for added storage. Conveniently located near Weequahic Park, Newark Liberty International Airport, Newark Penn Station, NJ TRANSIT bus and rail service, and major highways including I-78, the Garden State Parkway, and the New Jersey Turnpike, this home offers easy access throughout New Jersey and New York City. Whether you're looking to live in one unit while generating rental income or expand your investment portfolio, this is a wonderful opportunity to own a spacious multi-family home on an oversized lot in an established neighborhood. Some photos have been virtually enhanced.

Getting Around

71
WalkingVery Walkable
58
TransitGood Transit
43
BikeSomewhat Bikeable

Schools

1/10
Weequahic High SchoolGrades 9-120.3 mi
1/10

Construction

Condition

  • Year built: 1926

Materials

  • Roof: Asphalt Shingle
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Microwave,Range/Oven - Gas,Refrigerator,Microwave Oven

Basement

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

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Bedrooms,Dining Room,Eat-in Kitchen,Living Room,Pantry,Master Bedroom,Attic,Den,Eat-In Kitchen

Heating & Cooling

  • Heating features: 1 Unit,Forced Air,Zoned,Natural Gas
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 3,175
  • Total interior livable area: 3,175 sqft

Property

Details

  • Parcel number: 1614037080000000170000
  • Exclusions: Seller's and tenant's personal property.

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 3,920 sqft
  • Lot size dimensions: 40 x 100.2

Parking

  • Total spaces: 3
  • Parking features: 1 Car Width,Driveway-Exclusive,Detached Garage
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • 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 WaveModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Heat 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 $3,286$39,432
Home Insurance *$342$4,104
Property Taxes $1,137$13,644
Electricity $349$4,199
Total$5,114$61,368
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$175,337/yr
40% on housing$153,420/yr
45% on housing$136,373/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

$205This listing

vs Other Active Listings

Avg $/sqft

ZIP 07112$276
Essex County$382

vs Homes Sold Last Month

Median $/sqft

ZIP 07112$186
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
2026-07-30Listed for sale$649,900
2018-04-25Sold$264,000
2018-01-11Listing removed$260,000
2017-11-09Price change$260,000
2017-08-30Price change$295,000
2017-07-07Listed for sale$305,000
2017-02-03Listing removed$275,000
2017-01-25Listed for sale$275,000
2016-08-10Sold$110,000
2010-01-05Listing removed$175,000
2009-08-29Price change$175,000
2009-07-24Listed for sale$195,000

For Sale by Agent

AgentCrystal Manuel
BrokerageWeichert Realtors

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