314 Smith St, Newark, NJ, 07106
About This Home
Exceptional investment opportunity in Newark! This property offers strong income-producing potential with separate utilities, making it an ideal addition to any investment portfolio or a great owner-occupied opportunity. The spacious units feature generous room sizes, abundant natural light, and functional layouts designed for comfortable living. Finished basement with full bathroom and kitchenette. This home is situated on a quiet residential street, the property is conveniently located near major highways, public transportation, shopping, schools, parks, providing easy access for commuters and tenants alike. Whether you're a seasoned investor looking to expand your portfolio or a buyer seeking to offset your mortgage with rental income, this property presents outstanding long-term value in one of Newark's continually growing neighborhoods. Don't miss this excellent opportunity to own a cash-flowing asset with tremendous upside potential. HIGHEST AND BEST OFFERS ARE DUE BY MONDAY, JULY 20, 2026 BY 1PM.
Getting Around
Very Walkable
Good Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1927
Materials
- Roof: Asphalt Shingle
- Construction materials: Composition Shingle,Vinyl Siding
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Basement
- Has basement: Yes
- Basement: Yes,Finished
Bedrooms & Bathrooms
- Bedrooms: 7
- Bathrooms: 3.2
- Full bathrooms: 3
- 1/2 bathrooms: 2
Features
- Bedrooms,Eat-in Kitchen,Living/Dining Room,Eat-In Kitchen
Heating & Cooling
- Heating features: 2 Units,See Remarks,Natural Gas
- Cooling features: See Remarks
Interior Area
- Total structure area: 0
Property
Details
- Parcel number: 1614041080000000330000
Features
- Levels: 3-Three Story
- Stories: 3
Lot
- Lot size: 3,049 sqft
- Lot size dimensions: 32 x 100
Parking
- Total spaces: 3
- Parking features: 1 Car Width,See Remarks,Detached Garage
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
- 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
- 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 | $2,578 | $30,936 |
| Home Insurance * | $276 | $3,312 |
| Property Taxes | $892 | $10,704 |
| Electricity | $193 | $2,318 |
| Total | $3,939 | $47,268 |
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)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-10 | Pending sale | $510,000 |
| 2026-07-14 | Listed for sale | $510,000 |
| 2022-04-16 | Listing removed | -- |
| 2022-03-16 | Listed for rent | $2,050 |
| 2019-02-15 | Sold | $255,000 |
| 2019-01-30 | Listed for sale | $255,000 |
| 2019-01-04 | Pending sale | $255,000 |
| 2018-12-07 | Listed for sale | $255,000 |
| 2017-12-22 | Sold | $205,000 |
| 2017-11-06 | Listed for sale | $195,000 |
| 2017-10-06 | Sold | $205,000 |
| 2017-08-25 | Pending sale | $195,000 |
| 2017-08-07 | Listed for sale | $195,000 |
| 2017-06-16 | Pending sale | $195,000 |
| 2017-06-06 | Listed for sale | $195,000 |
| 2015-02-03 | Sold | $85,000 |
| 2014-10-24 | Listed for sale | $89,000 |
View on Zillow