53 Monticello Avenue

Newark, NJ 07106

$630,000
Price
6
Beds
4
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Start the new year in a new house! This spacious 3 family home is an amazing opportunity for someone looking to stay in one unit while earning rental income from the other units or for an investor looking for a lucrative opportunity in a thriving community! This home features 2 bedroom on the 1st unit along with a bonus room, living room, dining room and eat in kitchen. The 2nd floor unit features 3 bedrooms, living room, dining room and eat in kitchen. The 3rd floor unit features one bedroom, living...Start the new year in a new house! This spacious 3 family home is an amazing opportunity for someone looking to stay in one unit while earning rental income from the other units or for an investor looking for a lucrative opportunity in a thriving community! This home features 2 bedroom on the 1st unit along with a bonus room, living room, dining room and eat in kitchen. The 2nd floor unit features 3 bedrooms, living room, dining room and eat in kitchen. The 3rd floor unit features one bedroom, living room and eat in kitchen. In addition, this home also has a finished basement with full bathroom and 3 bonus rooms. This home is located in a sought after quiet neighborhood in Newark, NJ just a few blocks from South Orange and Seton Hall University. It is also down the street from public transportation that goes directly to Newark Penn Station, shops and much more. This home qualifies for different grant programs and low interest rate programs as well! 2nd floor unit shall be delivered vacant and 1st and 3rd floor units are on a month to month lease. Tenants pay for their own utilities.
  1. Listed by MACKENSON BONNET • WEICHERT REALTORS

Property Details for 53 Monticello Avenue

Directions
South Orange Ave to Monticello Ave
Days On Market
4
Section/Subdiv/Development
Upper Vailsburg
LISTING UPDATED: 01/02/2025 03:02 AM

Property Details for 53 Monticello Avenue

StatusActive
MLS #3939269
Days on Market7
Taxes$7,762 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / 3-Three Story
Year Built1932
Lot Size0.09 AC / 3,920 SF
CountyEssex County

Building Information for 53 Monticello Avenue

Stories-Residences3Year Built1932Building Size-Lot Size0.09 AC / 3,920 SF

Property Information for 53 Monticello Avenue

Summary
Location and General Information
  • Building #: 53
  • Active Days on Market: 4
  • County #: Essex
  • Town Name: Newark City
  • Block Identifier: 4184
  • Listing Type: Exclusive Right to Sell
  • Town #: 1614.0
  • Street # Display: 53.0
  • # Parking Spaces: 6
  • County Or Parish: Essex
  • Street Name: Monticello Ave
  • Zip Code: 07106-1505
  • Total Units: 3
Taxes and HOA Information
  • Assess Total Tax: *
  • Assess Amt Land Tax: *
  • Assess Amt Bldg Tax: *
  • Block ID Tax: *
  • Acres Tax: *
  • County Tax: *
  • Tax Amount: $7,762
  • Street name Tax: *
  • Zip Code Tax: *
  • Street # Tax: *
  • City Tax: *
  • Assessment Total: 204100.0
  • Tax ID For Property: 1614-04184-0000-00023-0000-
  • Tax Rate Amount: $4
  • Tax Rate Tax: *
  • Tax Rate Year: 2024
  • Tax Year: 2024
  • Lot ID Tax: *
  • Lot Size Tax: *
Parking
  • Parking/Driveway Description: Blacktop
  • # Garage Spaces: 2
  • Garage Description: Detached Garage
Property
Lot Information
  • Lot Identifier: 23
  • Approximate Lot Size: 40X100
  • Total Acres: 0.09
  • Construction Date/Year Built: 1932
  • Construction Date/Year Built Des: Approximate
Property and Assessments
  • Assessment Bldg: 179700.0
  • Assessment Land: 24400.0
Utilities
  • Cooling: No Cool
  • Utilities: Gas-Natural
  • Water: Public Water
  • Heating: Baseboard - Hotwater, Radiators - Hot Water
  • Fuel Type: Gas-Natural
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Vinyl Siding
Interior Features
  • Roof Description: Asphalt Shingle
  • Basement: Yes
  • Basement Description: Finished
  • Easement: Unknown
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator
  • Unit 1 Baths: 1.0
  • Unit 1 Bedrooms: 2
  • Unit 1 Fireplaces: 1.0
  • 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: 1100.0
  • Unit 1 Room Description: Bedrooms, Dining Room, Eat-In Kitchen, Living Room, Pantry
  • Unit 1 Rooms: 6.0
  • Unit 1 Security Deposit: 1100.0
  • Unit 1 Sq Ft: 0.0
Unit 2 Information
  • Unit 2 Appl/Equip: Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator
  • Unit 2 Baths: 1.0
  • Unit 2 Bedrooms: 3
  • Unit 2 Fireplaces: 1.0
  • Unit 2 Handicap Modified: No
  • Unit 2 Levels: 1.0
  • Unit 2 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 2 Rent: 0.0
  • Unit 2 Room Description: Bedrooms, Dining Room, Eat-In Kitchen, Living Room, Pantry
  • Unit 2 Rooms: 6.0
  • Unit 2 Security Deposit: 0.0
  • Unit 2 Sq Ft: 0.0
Unit 3 Information
  • Unit 3 Appl/Equip: Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator
  • Unit 3 Baths: 1.0
  • Unit 3 Bedrooms: 1
  • Unit 3 Fireplaces: 0.0
  • Unit 3 Handicap Modified: No
  • Unit 3 Levels: 1.0
  • Unit 3 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 3 Rent: 850.0
  • Unit 3 Room Description: Bedrooms, Eat-In Kitchen, Living Room
  • Unit 3 Rooms: 3.0
  • Unit 3 Security Deposit: 850.0
  • Unit 3 Sq Ft: 0.0
Multi-Family Information
  • Unit Style: 3-Three Story
Income & Expenses Information
  • Total Operating Expense: $.00
  • Net Operating Income: $.00
  • Gross Operating Income: $.00

Property History for 53 Monticello Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 53 Monticello Avenue

Taxable ValueLand$24,400Additions$179,700Total$204,100
Tax Record2023$7,609 ($634 / month)
Home Facts
Beds0Total Finished SqFt3,050 SqFtAbove Grade Finished SqFt3,050 SqFtStories3Lot Size3,999 SqFtStyleSingle Family ResidenceYear Built1932CountyESSEXAPN14 04184-0000-00023

Schools near 53 Monticello Avenue

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
Ivy Hill Elementary School
PublicPK to 8

Mount Vernon Elementary School
PublicPK to 8

Speedway Academies
PublicPK to 8

Lincoln 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.

Neighborhood Map and Transit

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53 Monticello Avenue is a multi-family home for sale in Newark, NJ 07106. This property was listed for sale on December 30, 2024 by WEICHERT REALTORS, it's currently listed at $630,000. It has been on the market for a total of 7 days and was last sold on March 26, 2004. This listing's school district is The Newark Public School District. Nearby schools include Ivy Hill Elementary School, Mount Vernon Elementary School and Speedway Academies. 53 Monticello Avenue is a 6-bed, 4-bath, multi-family home built in 1932.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of WEICHERT REALTORS, MACKENSON BONNET

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: 01/06/2025 06:25 PM. 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: 01/06/2025 06:25 PM © 2025 New Jersey Multiple Listing Service Inc. All rights reserved.