Keller Williams, NJMG - Danielle Coletta
1/22
Listing Courtesy Of: COLDWELL BANKER REALTY, 609-516-6977, KAREISHA QUESTEL-GORDON
Local Realty Services Provided By: Keller Williams NJ Metro Group
Overview
What It'll Cost
Neighborhood
Similar Homes

$749,000
103 Parker St, Newark City, NJ 07104
5 Beds
3 Baths
.11 ac
$749,000

103 Parker St, Newark City, NJ 07104

Estimation provided by Keller Williams Realty Inc.
5 Beds
3 Baths
.11 ac
Active
For Sale

Property Description

YOUR SEARCH ENDS HERE! Great for Investors and Developers! This rare two-family home with A BONUS studio in Newark's premier residential corridor offers both immediate income and incredible development potential. Fully occupied the property generates strong NOI, making it an ideal investment with bridge income during the entitlement process. With a three-car garage, additional driveway parking for up to 6 cars, and protected NYC skyline views, this property is a prime candidate for value-add improvements, long-term appreciation, or high-density redevelopment. Zoned R3 Multi-Family on a 50' x 100' lot, it sits in an area with variance potential. A rare find in a thriving, transit-oriented market!

Property Details

Compare This Home
Overview
Property Type
Multi-Family
Year Built
1857
Days on Site
6 Days
HVAC
Fuel: Gas-Natural, Cooling: Window A/C(s), Heating: Baseboard - Hotwater
Parking
9 Parking Spaces
Danielle Coletta Properties
Keller Williams, NJMG
1860750

Activity History

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SAVES
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SHARES
0
Data provided by Keller Williams Realty, Inc.
Upcoming Open Houses
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Purchase Price: $749,000
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Price & Tax History

Date
Event
Price
03/26/2025
Listed
$749,000
(+2,396.67%)
07/14/1998
Sold
$30,000
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2023
$5,033
(-0.21%)
$135,000
Land 24,400 + Additions 110,600
2022
$5,044
(+0.05%)
$135,000
Land 24,400 + Additions 110,600
2021
$5,041
$135,000
Land 24,400 + Additions 110,600
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.

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Transit & Commute

Estimated commute times from Broadway
Car-Dependent Walkable Very Walkable
Danielle Coletta Properties
Keller Williams, NJMG
1860750

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