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Susan Maryanski

Operator | Opulent Living | Keller Williams City Life

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316 Ellery Ave , Newark City, NJ 07106
$750,000
Est. Payment: $3,816.91/mo
8 Bed
4.5 Bath
0 Sqft
Status: pending | Days on site: 5
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Susan Maryanski
Operator

House Description

Welcome to this EXTREMELY RARE FOUR FAMILY investment opportunity in Newark's sought-after Vailsburg section this four-family fixer-upper offers exceptional potential, solid structure, and an unbeatable location just minutes from Seton Hall University. Perfect for investors, owner-occupants, or anyone looking to add value through renovation. This multi-family home sits on a quiet residential block with classic Newark character. With the right vision, it can be transformed into a high-performing income property. The parking availability alone sets it apart rare for the area and highly desirable for tenants. Its proximity to Seton Hall and South Orange adds consistent rental demand and long-term stability. 203k loans and hard money loans are welcome!

Highlights

Listed by ADRIAN AGRAMONTE , MP BHGRE ELITE , 908-316-8530. Garden State MLS

Property Type

Multi-Family

Lot/Acreage
0.11

Year Built

1952

County

Essex

Listing ID

4020415

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:8
  • Bathrooms:4.5
  • Full Bathrooms:4
  • 1/2 Bathrooms:1
Air Cond:Wall A/C Unit(s)
Fireplaces:
Basement:Full
Other:Public Water

Exterior Features

Lot Dimensions:49X100
Roof:Asphalt Shingle
Others:Wood,Driveway-Shared
Sewer:Public Sewer
Principal Interest
$3,817
Taxes
$844

Home Price

$750,000

Loan Details

30 yrs
6.562%

Down Payment

20%
$150,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,816.91

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,816.91 $844.42 $0.00 $4,661.32
Yearly $45,802.87 $10,133.00 $0.00 $55,935.87
Total $1,374,086.07 $303,990.00 $0.00 $1,678,076.07

Today's Rates

30 Year

6.56%

20 Year

6.5%

15 Year

6%

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Market insight data is pulled from the same city as the listing being viewed (Newark City, NJ).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Garden State MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-07-21T23:37:13.000Z

© 2026 Garden State MLS