40 Pierce St

Newark, NJ 07103

$650,000
Last Sold Price
5
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Located at 40 Pierce St in Newark, this spacious two-story renovated multi-family home offers a unique opportunity for investors and homeowners seeking a versatile living space. The property features a well-maintained layout with five generously sized bedrooms and three full bathrooms, providing ample room for residents or potential rental income. The first floor includes an inviting living area with plenty of natural light, a large eat-in kitchen, and convenient access to a cozy backyard, perfect...Located at 40 Pierce St in Newark, this spacious two-story renovated multi-family home offers a unique opportunity for investors and homeowners seeking a versatile living space. The property features a well-maintained layout with five generously sized bedrooms and three full bathrooms, providing ample room for residents or potential rental income. The first floor includes an inviting living area with plenty of natural light, a large eat-in kitchen, and convenient access to a cozy backyard, perfect for outdoor gatherings. The second floor is designed for privacy and comfort, featuring additional bedrooms and bathrooms that give bigger space. With its prime location in a vibrant neighborhood, close to schools, shopping, and public transportation, this home presents a rare chance to enjoy the convenience of city living while offering a flexible floor plan that suits various needs.
  1. Listed by TOVIA LICHTMAN • KELLER WILLIAMS MID-TOWN DIRECT

Property Details for 40 Pierce Street

Directions
On Pierce Street
Days On Market
14
LISTING UPDATED: 02/05/2025 09:30 AM

Property Details for 40 Pierce Street

StatusSold
MLS #3935361
Days on Market14
Taxes$6,337 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built2004
Lot Size0.05 AC / 2,178 SF
CountyEssex County
Add your commute

Building Information for 40 Pierce Street

Stories-Residences2Year Built2004Building Size-Lot Size0.05 AC / 2,178 SF

Payment Calculator

$3,934 per month

30 year fixed, 6.845% Interest

Principal and Interest

$3,406

Property Taxes

$528

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 40 Pierce Street

Summary
Location and General Information
  • Active Days on Market: 20
  • County #: Essex
  • Town Name: Newark City
  • Block Identifier: 2620
  • Listing Type: Exclusive Right to Sell
  • Town #: 1614.0
  • Street # Display: 40.0
  • # Parking Spaces: 2
  • County Or Parish: Essex
  • Street Name: Pierce St
  • Zip Code: 07103-1717
  • Total Units: 2
Taxes and HOA Information
  • Assess Total Tax: *
  • Assess Amt Land Tax: *
  • Assess Amt Bldg Tax: *
  • Block ID Tax: *
  • Acres Tax: *
  • County Tax: *
  • Tax Amount: $6,337
  • Street name Tax: *
  • Zip Code Tax: *
  • Street # Tax: *
  • City Tax: *
  • Assessment Total: 170000.0
  • Tax ID For Property: 1614-02620-0000-00034-0000-
  • Tax Rate Amount: $4
  • Tax Rate Tax: *
  • Tax Rate Year: 2024
  • Tax Year: 2023
  • Tax Year Tax: *
  • Lot ID Tax: *
  • Lot Size Tax: *
Parking
  • Parking/Driveway Description: 1 Car Width
Property
Lot Information
  • Lot Identifier: 34
  • Approximate Lot Size: 25X90
  • Total Acres: 0.05
  • Construction Date/Year Built: 2004
  • Construction Date/Year Built Des: Approximate
Property and Assessments
  • Assessment Bldg: 140000.0
  • Assessment Land: 30000.0
Utilities
  • Cooling: Central Air
  • Utilities: All Underground
  • Water: Public Water
  • Heating: Forced Hot Air
  • Fuel Type: Gas-Natural
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Aluminum Siding, Brick/Block
Interior Features
  • Roof Description: Asphalt Shingle
  • Basement: No
  • Easement: No
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: Smoke Detector
  • Unit 1 Baths: 1.0
  • Unit 1 Bedrooms: 2
  • Unit 1 Fireplaces: 0.0
  • Unit 1 Handicap Modified: No
  • Unit 1 Levels: 1.0
  • Unit 1 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 1 Rent: 9999.0
  • Unit 1 Room Description: Bedrooms, Eat-In Kitchen, Living Room
  • Unit 1 Rooms: 4.0
  • Unit 1 Security Deposit: 9999.0
  • Unit 1 Sq Ft: 9999.0
Unit 2 Information
  • Unit 2 Appl/Equip: Smoke Detector
  • Unit 2 Baths: 1.0
  • Unit 2 Bedrooms: 3
  • Unit 2 Fireplaces: 0.0
  • Unit 2 Handicap Modified: No
  • Unit 2 Levels: 2.0
  • Unit 2 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 2 Rent: 9999.0
  • Unit 2 Room Description: Bedrooms, Eat-In Kitchen, Living Room
  • Unit 2 Rooms: 5.0
  • Unit 2 Security Deposit: 9999.0
  • Unit 2 Sq Ft: 9999.0
Multi-Family Information
  • Unit Style: 2-Two Story
Income & Expenses Information
  • Total Operating Expense: $.00
  • Net Operating Income: $.00
  • Gross Operating Income: $.00

Property History for 40 Pierce Street

DateEvent & SourcePriceAppreciation
Jan 26, 2025

Sold

GSMLS #3935361

$650,000
Jan 15, 2025

Sold (Public Record)

Public Record #1552156029

$655,000

+7.2% / yr

Dec 10, 2024

Under Contract

GSMLS #3935361

Nov 20, 2024

Listed (Active)

GSMLS #3935361

$599,000
Aug 1, 2024

Sold

GSMLS #3911540

$370,000
Jul 31, 2024

Sold

NJMLS #24021448

$370,000
Jul 18, 2024

Under Contract

GSMLS #3911540

Jul 5, 2024

Price Change

GSMLS #3911540

$449,999
Jul 5, 2024

Listed (Active)

GSMLS #3911540

$249,999
Jul 4, 2024

Listed (Active)

NJMLS #24021448

$249,999
Feb 14, 2022

Temporarily Off Market

GSMLS #3629442

Jun 13, 2021

Off Market

GSMLS #3629442

Apr 27, 2020

Temporarily Off Market

NJMLS #20014674

Apr 27, 2020

Listed (Active)

NJMLS #20014674

$160,000
Apr 27, 2020

Listed (Active)

GSMLS #3629442

$160,000
Feb 6, 2004

Sold (Public Record)

Public Record #250168617

$153,000
DateEvent & SourcePrice
01/26/2025

Sold

GSMLS #3935361

$650,000
01/15/2025

Sold (Public Record)

Public Record #1552156029

$655,000

+7.2% / yr

12/10/2024

Under Contract

GSMLS #3935361

11/20/2024

Listed (Active)

GSMLS #3935361

$599,000
08/01/2024

Sold

GSMLS #3911540

$370,000
07/31/2024

Sold

NJMLS #24021448

$370,000
07/18/2024

Under Contract

GSMLS #3911540

07/05/2024

Price Change

GSMLS #3911540

$449,999
07/05/2024

Listed (Active)

GSMLS #3911540

$249,999
07/04/2024

Listed (Active)

NJMLS #24021448

$249,999
02/14/2022

Temporarily Off Market

GSMLS #3629442

06/13/2021

Off Market

GSMLS #3629442

04/27/2020

Temporarily Off Market

NJMLS #20014674

04/27/2020

Listed (Active)

NJMLS #20014674

$160,000
04/27/2020

Listed (Active)

GSMLS #3629442

$160,000
02/06/2004

Sold (Public Record)

Public Record #250168617

$153,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 40 Pierce Street

Taxable ValueLand$30,000Additions$140,000Total$170,000
Tax Record2023$6,338 ($528 / month)
Home Facts
Beds0Total Finished SqFt2,134 SqFtAbove Grade Finished SqFt2,134 SqFtLot Size2,252 SqFtStyleSingle Family ResidenceYear Built2004CountyESSEXAPN14 02620-0000-00034

Schools near 40 Pierce Street

This home is within The Newark Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - PK to 8
Public - PK to 8
Public - PK to 8
Rating
School
Distance
Lincoln Elementary School
PublicPK to 8

Ivy Hill Elementary School
PublicPK to 8

Chancellor Avenue Elementary School
PublicPK to 8

Mount Vernon Elementary School
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of KELLER WILLIAMS MID-TOWN DIRECT, TOVIA LICHTMAN

The data relating to the real estate for sale on this website comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than (insert office name) aremarked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: 06/22/2025 12:12 AM. Source: New Jersey Multiple Listing Service, Inc. © 2025 New Jersey Multiple Listing Service, Inc. All rights. The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated: 06/22/2025 12:12 AM © 2025 New Jersey Multiple Listing Service Inc. All rights reserved.