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216 Peshine Ave

Newark City, NJ 07108
  • $749,900
  • STATUS: Active Under Contract
  • ON SITE: 72 Days
  • MLS #: 3999500
Under Contract
UPDATED: 125 min ago
$749,900
  • 8
    BEDS
  • 0.06
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1911
County:
Area:

School Ratings & Info

Description

Newly renovated two-family home in the desirable Weequahic section of Newark. This spacious duplex-style property offers two large units with generous living areas, ideal for owner-occupants or investors seeking strong rental income. Each apartment features brand-new kitchens, updated bathrooms, new flooring, and modern cooling systems throughout. Conveniently located with an easy NYC commute, and close to Rutgers University"Newark, NJPAC, and University Hospital, as well as major highways and public transportation. This turn-key multi-family home is ready for immediate occupancy and offers excellent rental appeal in a high-demand Newark location.

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Garden State MLS logo © 2026 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Trompeter Real Estate. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Trompeter Real Estate are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-02-06T23:48:43.097.
www.trompeterrealestate.com/homes/170934442
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216 Peshine Ave Newark City, NJ 07108

  • Price: $749,900
  • Status: Active Under Contract
  • On Site: 72 Days
  • Updated: 125 min ago
  • MLS #: 3999500
8
Beds
4
Baths
0
½ Baths
0.06
Acres
1911
Built
County:
Essex
Area:
Newark City
Property Description
Newly renovated two-family home in the desirable Weequahic section of Newark. This spacious duplex-style property offers two large units with generous living areas, ideal for owner-occupants or investors seeking strong rental income. Each apartment features brand-new kitchens, updated bathrooms, new flooring, and modern cooling systems throughout. Conveniently located with an easy NYC commute, and close to Rutgers University"Newark, NJPAC, and University Hospital, as well as major highways and public transportation. This turn-key multi-family home is ready for immediate occupancy and offers excellent rental appeal in a high-demand Newark location.
Exterior Features

Approximate Lot Size 25.4X105 Exterior Description Vinyl Siding Garage Description On-Street Parking Number Of Parking Spaces 0 Parking Driveway Description On-Street Parking Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description Finished Cooling 3 UnitsWall A/C Unit(s) Heating 3 UnitsForced Hot Air Total Number Of Rooms 15 Unit1 Appliances Equipment CookGasMicrowavSeeRem Unit1 Baths 1.0 Unit1 Bedrooms 3 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsKitchenLiving RoomSee Remarks Unit1 Rooms 6 Unit1 Security Deposit 0 Unit1 Sq Ft 0 Unit2 Appliances Equipment CookGasMicrowavSeeRem Unit2 Baths 2.0 Unit2 Bedrooms 5 Unit2 Fireplaces 0 Unit2 Levels 2 Unit2 Room Description BedroomsKitchenLiving RoomSee Remarks Unit2 Rooms 9 Unit2 Sq Ft 0

Property Features

Assessment Total 147300 Building Assessment 125600 Easement No Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 0 Land Assessment 21700 Net Operating Income 0 Renovated Year 2025 Sewer Public Sewer Tax Amount 6000 Tax Rate Amount 3.803 Tax Rate Year 2025 Tax Year 2024 Total Operating Expense 0 Unit Style Duplex-Side by Side Unit1 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit1 Rent 0 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit2 Rent 0 Unit2 Security Deposit 0 Utilities Gas-Natural Water Public Water Year Built Description ApproximateRenovated

Listing information © 2026 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Re/Max Professionals I: 973-450-4000.


Garden State MLS logo © 2026 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Trompeter Real Estate. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Trompeter Real Estate are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-02-06T23:48:43.097.
 
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Jersey City NJ, 07302