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233 W Runyon St, Newark, NJ, 07108

6beds
4.4baths
4,050sqft
$899,000
$222price/sqft
$7,069/moest. monthly cost
$282,760/yrincome needed

About This Home

Modern Elegance Meets Smart Design in Upper Clinton Hill--New Construction 2-Family Duplex, to be built! Located just 5mins away from the New LionsGate Production Studios being built in Town! This brand-new, side-by-side two-family duplex combines style, functionality, and investment potential. This is a rare opportunity to place the home under contract pre-construction and reap the benefits: Rental Income, ability to lock in today's pricing & terms before the home is built, potential built-in equity as the home is completed, select desired finishes/design selections, have brand-new systems with lower maintenance & energy efficiency, secure ownership early instead of competing later.Each unit is a private townhome, offering 3 Levels each with 3BRS, 2 Full, 2 Half Baths, Private garage, storage/rec room, laundry room, an eat-in kitchen with a central island, separate dining and living rooms, and an open, inviting layout with a dedicated bonus space that adds versatility for remote work or study. This Duplex is located 6mins driving distance from Newark Liberty Int'l Airport, 11 minutes from Newark Penn Station, and 10 minutes from nearby colleges/universities. Owning a New Construction Home is not far-fetched! Seller Concession & Newark's $20K Down Payment Assistance, if eligible. Whether you're an owner-occupant, investor, or local professional, this elegant duplex is a true gem! Don't miss out on this one-of-a-kind opportunity, Act Early-Secure Under Contract Now!

Getting Around

75
WalkingVery Walkable
57
TransitGood Transit
0
BikeNot Bike Friendly

Schools

1/10
1/10
Weequahic High SchoolGrades 9-121.0 mi

Construction

Condition

  • New construction: Yes
  • Year built: 2026

Materials

  • Roof: Asphalt Shingle
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: See Remarks
  • Laundry features: Laundry Room

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 4.4
  • Full bathrooms: 4
  • 1/2 bathrooms: 4

Features

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

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 4,050
  • Total interior livable area: 4,050 sqft

Property

Details

  • Parcel number: 1614030270001000010000
  • Exclusions: Brand new Appliances!

Lot

  • Lot size: 1,742 sqft
  • Lot size dimensions: 27.7 x 68.1 AVG.

Parking

  • Total spaces: 2
  • Parking features: Driveway-Exclusive,On Street,Built-In Garage
  • Has garage: Yes
  • Uncovered spaces: 2

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 $4,545$54,540
Home Insurance *$505$6,060
Property Taxes $1,573$18,876
Electricity $446$5,357
Total$7,069$84,828
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$242,365/yr
40% on housing$212,070/yr
45% on housing$188,506/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

$222This listing

vs Other Active Listings

Avg $/sqft

ZIP 07108$251
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)

Price History

DateEventPrice
2025-12-24Listed for sale$899,000
2025-10-22Listing removed$1,199,900
2025-04-11Listed for sale$1,199,900
2019-08-19Sold$23,000

New Construction

AgentJacquetta Thomas
BrokerageUnited Real Estate

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