246 S 8th St

Newark, NJ 07103

$525,000
Last Sold Price
7
Beds
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
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Sold - Sold 5/8/24
Sold - Sold 5/8/24

Description

Come see this fabulous three family partially occupied investment property with great income potential. Unit 1 VACANT and features living room, kitchen, three bedrooms and two baths. Unit 2 occupied and featuring - living room, kitchen, three bedrooms and two baths. Unit 3 occupied and features living room, kitchen, One bedroom and one bath. Unfinished basement is great for storage. Close to Parks, restaurants, shopping, public transportation, major highways and NYC. To preview this property, please...Come see this fabulous three family partially occupied investment property with great income potential. Unit 1 VACANT and features living room, kitchen, three bedrooms and two baths. Unit 2 occupied and featuring - living room, kitchen, three bedrooms and two baths. Unit 3 occupied and features living room, kitchen, One bedroom and one bath. Unfinished basement is great for storage. Close to Parks, restaurants, shopping, public transportation, major highways and NYC. To preview this property, please call Ascensao Gutierrez at 973-207-0956
  1. Listed by Jorge Velasquez • RE/MAX Professionals 1 • (973) 450-4000

Property Details for 246 South 8th Street

Style
3 Family
LISTING UPDATED: 03/13/2025 09:06 PM

Property Details for 246 South 8th Street

StatusSold - Sold
MLS #23037226
Days on Market107
Taxes$6,194 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family
Year Built-
Lot Size-
CountyEssex County
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Location

Listing Courtesy of RE/MAX Professionals 1, Jorge Velasquez

Sold By RE/MAX Professionals 1, Ascensao Gutierrez

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$3,160 per month

30 year fixed, 6.46% Interest

Principal and Interest

$2,644

Property Taxes

$516

HOA Dues

$0

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Property Information for 246 South 8th Street

Summary
Location and General Information
  • Area name: Newark
  • Flood plain: None
  • Street Name: 8th
  • County Name: ESSEX
  • Status: Closed
  • Street Number Numeric: 246
  • Zip Code: 07103
Taxes and HOA Information
  • Other Charges: True
  • Tax: $6,194
Property
Lot Information
  • Year Built: 1900-1939, Build Prior to 1978
  • Average Acres: 0.06
Property and Assessments
  • Photo Number: 8
Utilities
  • Sewer: Public Sewer
Interior and Exterior Features
Interior Features
  • Bedrooms: 7
  • Baths full: 5
  • Baths partial: 0
  • Basement Description: Unfinished
  • Number of rooms: 14
  • Full Baths Total: 5
  • Num of Baths: 5.0
Exterior Features
  • Exterior: Vinyl Siding
Agent
Sale and Listing Information
  • Management Phone: (973) 450-4000
  • Search Class: 2to4, 2-4 Family
  • List Price: $540,000.00
  • Listing Date: 12-11-2023
  • Expired Date: 06-11-2024
  • Pending Date: 03-18-2024
  • Close Date: 05-08-2024
  • Status Date: 05-07-2024
  • Sale Price: $525,000
Showing Information
  • Internet Remarks: Come see this fabulous three family partially occupied investment property with great income potential. Unit 1 VACANT and features living room, kitchen, three bedrooms and two baths. Unit 2 occupied and featuring - living room, kitchen, three bedrooms and two baths. Unit 3 occupied and features living room, kitchen, One bedroom and one bath. Unfinished basement is great for storage. Close to Parks, restaurants, shopping, public transportation, major highways and NYC. To preview this property, please call Ascensao Gutierrez at 973-207-0956

Property History for 246 South 8th Street

DateEvent & SourcePriceAppreciation
May 8, 2024

Sold

GSMLS #3877928

$525,000—
May 7, 2024

Sold

NJMLS #23037226

$525,000—
Apr 22, 2024

Sold (Public Record)

Public Record #1533964434

$525,000

+21.1% / yr

DateEvent & SourcePrice
05/08/2024

Sold

GSMLS #3877928

$525,000
05/07/2024

Sold

NJMLS #23037226

$525,000
04/22/2024

Sold (Public Record)

Public Record #1533964434

$525,000

+21.1% / yr

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

Public Records for 246 South 8th Street

Taxable ValueLand$25,700Additions$140,100Total$165,800
Tax Record2024$6,305 ($525 / month)
Home Facts
Beds0Total Finished SqFt4,310 SqFtAbove Grade Finished SqFt4,310 SqFtStories3Lot Size2,479 SqFtStyleSingle Family ResidenceYear Built1907CountyESSEXAPN14 01780-0000-00066

Schools near 246 South 8th Street

This home is within The Newark Public School District.
Rating
School
Type
Grades
Distance
Belmont-Runyon Elementary School
Public - PK to 8
Louise A. Spencer Elementary School
Public - PK to 8
Speedway Academies
Public - PK to 8
Hawthorne Avenue Elementary School
Public - PK to 8
Rating
School
Distance
Belmont-Runyon Elementary School
PublicPK to 8

Louise A. Spencer Elementary School
PublicPK to 8

Speedway Academies
PublicPK to 8

Hawthorne Avenue 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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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, Inc., its subsidiaries, affiliates and their agents and associated third parties 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 RE/MAX Professionals 1, Jorge Velasquez

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: 05/13/2026 08:05 AM. Source: New Jersey Multiple Listing Service, Inc. © 2026 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: 05/13/2026 08:05 AM © 2026 New Jersey Multiple Listing Service Inc. All rights reserved.