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237-239 Smith St, Newark, NJ, 07106

9beds
6baths
9,999sqft
$699,000
$70price/sqft
$6,237/moest. monthly cost
$249,480/yrincome needed

About This Home

Exceptional 2-family Property, with 3 units. Welcome to this outstanding multi-unit residence offering exceptional space, versatility, and modern upgrades throughout, making it an excellent opportunity for both home Owners and investors. Unit 1: Features an inviting open-concept living area, 4 generously sized bedrooms, and 2 full bathroom, and an additional ensuite room with privet entrance, designed for comfortable everyday living. Unit 2: offers 3 bedrooms and 2 full bathroom, providing ample space and functionality. ideal for additional rental income. Unit 3: offers 1 bedroom and 1 full bathroom, providing ample space and functionality. ideal for additional rental income Throughout the property, you'll find high-end finishes including sleek quartz countertops, and abundant closet space. off st parking, With modern upgrades and thoughtful design, this home is truly move-in ready. A rare opportunity that combines luxury, space, and income potential schedule your private showing today

Getting Around

77
WalkingVery Walkable
54
TransitGood Transit
48
BikeSomewhat Bikeable

Schools

3/10
Lincoln Elementary SchoolGrades PK-80.2 mi
1/10
West Side High SchoolGrades 9-121.5 mi
1/10
Central High SchoolGrades 9-122.2 mi

Construction

Condition

  • Year built: 1940

Materials

  • Roof: Asphalt Shingle
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Yes,Partially Finished

Bedrooms & Bathrooms

  • Bedrooms: 9
  • Bathrooms: 6
  • Full bathrooms: 6

Features

  • Bedrooms,Eat-in Kitchen,Living/Dining Room,Eat-In Kitchen

Heating & Cooling

  • Heating features: See Remarks,Natural Gas
  • Cooling features: See Remarks

Interior Area

  • Total structure area: 9,999
  • Total interior livable area: 9,999 sqft

Property

Details

  • Parcel number: 1614041160000000370000

Lot

  • Lot size: 4,791 sqft
  • Lot size dimensions: 50 x 100

Parking

  • Total spaces: 8
  • Parking features: 2 Car Width,See Remarks
  • Uncovered spaces: 8

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
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
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 $3,534$42,408
Home Insurance *$378$4,536
Property Taxes $1,223$14,676
Electricity $1,102$13,226
Total$6,237$74,844
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$213,840/yr
40% on housing$187,110/yr
45% on housing$166,320/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

$70This listing

vs Other Active Listings

Avg $/sqft

ZIP 07106$255
Essex County$382

vs Homes Sold Last Month

Median $/sqft

ZIP 07106$221
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
2026-07-28Price change$699,000
2026-05-27Listed for sale$730,000
2017-06-23Listing removed$218,820
2017-06-09Listed for sale--

For Sale by Agent

AgentLipa Brach
BrokerageKeller Williams Valley Realty

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