240-242 Sunset Ave, Newark, NJ, 07106
About This Home
Renovated two-family home in Newark featuring two units, each with 2 bedrooms and 1 bath. Property has a 1-car width driveway, spacious backyard, and enclosed front porch. Conveniently located near public transportation, major highways, shopping, and schools. Ideal for investors or owner-occupants seeking strong rental potential and easy NYC access.
Getting Around
Very Walkable
Good Transit
BikeableSchools
Construction
Condition
- Year built: 1922
Materials
- Roof: Asphalt Shingle
- Construction materials: Vinyl Siding
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Range/Oven - Gas,Refrigerator,Range/Oven - Electric,Electric Water Heater
Basement
- Has basement: Yes
- Basement: Yes,Partially Finished
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Features
- Bedrooms,Eat-in Kitchen,Living/Dining Room,Eat-In Kitchen
Heating & Cooling
- Heating features: Forced Air,Natural Gas
- Cooling features: Central Air
Interior Area
- Total structure area: 0
Property
Details
- Parcel number: 1614040500000000340000
Features
- Levels: Two
- Stories: 2
Lot
- Lot size: 3,484 sqft
- Lot size dimensions: 33 x 100
Parking
- Total spaces: 4
- Parking features: 1 Car Width,Off Street,None
- Uncovered spaces: 4
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
- Cold Wave
- Heat Wave
- Inland Flooding
- 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 | $2,781 | $33,372 |
| Home Insurance * | $298 | $3,576 |
| Property Taxes | $962 | $11,544 |
| Electricity | $193 | $2,318 |
| Total | $4,234 | $50,808 |
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 |
|---|---|---|
| 2026-05-29 | Listed for sale | $549,999 |
| 2021-07-12 | Sold | $230,000 |
| 2017-11-01 | Sold | $120,000 |
| 2016-07-07 | Sold | $38,000 |
| 2016-03-23 | Sold | $38,000 |
| 2007-10-01 | Sold | $260,000 |
| 2005-03-11 | Sold | $141,650 |
| 2002-01-11 | Sold | $129,900 |
| 2000-06-30 | Sold | $45,000 |
For Sale by Agent
View on Zillow