360 New St, Unit 3

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Description

Beautiful, well-maintained legal 3-family property located in one of Newark? s most desirable areas. This unique, recently renovated home features three identically designed units, each offering two spacious bedrooms, a comfortable living room, an eat-in kitchen, and a full bathroom. The property also includes a full basement, offering potential for additional use or customization (buyer to perform due diligence; subject to all municipal approvals). Ideally situated near major institutions and transportation,...Beautiful, well-maintained legal 3-family property located in one of Newark? s most desirable areas. This unique, recently renovated home features three identically designed units, each offering two spacious bedrooms, a comfortable living room, an eat-in kitchen, and a full bathroom. The property also includes a full basement, offering potential for additional use or customization (buyer to perform due diligence; subject to all municipal approvals). Ideally situated near major institutions and transportation, this property is approximately 0.6 miles from University Hospital, 1 mile from Rutgers Medical School, 0.3 miles from NJIT, 1.4 miles from Prudential Center, 1.6 miles from Newark Penn Station, and just 10 miles from New York City. Whether you? re seeking an investment opportunity, owner-occupant potential, or convenient access to key destinations, this property offers location, versatility, and long-term value.
  1. Listed by CHRISTIAN MONTENEGRO • NEW AND MODERN GROUP

Property Details for 360 New Street, Unit 3

Directions
Between Hartford St. and Central Ave
Days On Market
2
LISTING UPDATED: 12/19/2025 03:47 PM

Property Details for 360 New Street, Unit 3

StatusActive
MLS #4001960
Days on Market28
Taxes$10,530 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / 3-Three Story
Year Built1900
Lot Size0.06 AC / 2,613 SF
CountyEssex County

Location

Listing Courtesy of NEW AND MODERN GROUP, CHRISTIAN MONTENEGRO
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Building Information for 360 New Street, Unit 3

Stories-Residences3Year Built1900Building Size-Lot Size0.06 AC / 2,613 SF

Payment Calculator

$4,240 per month

30 year fixed, 6.15% Interest

Principal and Interest

$3,363

Property Taxes

$878

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 360 New Street, Unit 3

Summary
Location and General Information
  • Address Included: Y
  • Active Days on Market: 2
  • Renovated Year: 2023
  • County #: Essex
  • Town Name: Newark City
  • Block Identifier: 429
  • Listing Type: Exclusive Right to Sell
  • Town #: 1614.0
  • Unit #: 3
  • Street # Display: 360.0
  • # Parking Spaces: 0
  • County Or Parish: Essex
  • Street Name: New St
  • Zip Code: 07103-2887
  • 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: $10,530
  • Street name Tax: *
  • Zip Code Tax: *
  • Street # Tax: *
  • City Tax: *
  • Tax Amount Tax: *
  • Assessment Total: 276900.0
  • Tax ID For Property: 1614-00429-0000-00022-0000-
  • Tax Rate Amount: $4
  • Tax Rate Tax: *
  • Tax Rate Year: 2025
  • Tax Year: 2024
  • Tax Year Tax: *
  • Lot ID Tax: *
  • Lot Size Tax: *
Parking
  • Parking/Driveway Description: Off-Street Parking
Property
Lot Information
  • Lot Identifier: 22
  • Approximate Lot Size: 25X106.6
  • Total Acres: 0.06
  • Construction Date/Year Built: 1900
  • Construction Date/Year Built Des: Approximate, Renovated
Property and Assessments
  • Assessment Bldg: 255200.0
  • Assessment Land: 21700.0
Utilities
  • Cooling: Window A/C(s)
  • Utilities: All Underground
  • Water: Public Water
  • Heating: 3 Units, Baseboard - Hotwater
  • Fuel Type: Gas-Natural
  • Sewer: Public Available
Interior and Exterior Features
Exterior Features
  • Exterior Description: Vinyl Siding
Interior Features
  • Roof Description: Asphalt Shingle
  • Basement: Yes
  • Basement Description: Full, Unfinished
  • Easement: No
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, 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: 1850.0
  • Unit 1 Room Description: Bedrooms, Eat-In Kitchen, Living Room, See Remarks
  • Unit 1 Rooms: 5.0
  • Unit 1 Security Deposit: 1850.0
  • Unit 1 Sq Ft: 999.0
Unit 2 Information
  • Unit 2 Appl/Equip: Carbon Monoxide Detector, Refrigerator, Satellite Dish/Antenna, Smoke Detector
  • Unit 2 Baths: 1.0
  • Unit 2 Bedrooms: 2
  • 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: 0.0
  • Unit 2 Room Description: Bedrooms, Eat-In Kitchen, Living Room, See Remarks
  • Unit 2 Rooms: 5.0
  • Unit 2 Security Deposit: 0.0
  • Unit 2 Sq Ft: 999.0
Unit 3 Information
  • Unit 3 Appl/Equip: Satellite Dish/Antenna, Security System, Smoke Detector
  • Unit 3 Baths: 1.0
  • Unit 3 Bedrooms: 2
  • Unit 3 Fireplaces: 0.0
  • Unit 3 Handicap Modified: No
  • Unit 3 Levels: 3.0
  • Unit 3 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 3 Rent: 1750.0
  • Unit 3 Room Description: Bedrooms, Eat-In Kitchen, Living Room, See Remarks
  • Unit 3 Rooms: 5.0
  • Unit 3 Security Deposit: 1780.0
  • Unit 3 Sq Ft: 999.0
Multi-Family Information
  • Unit Style: 3-Three Story
Income & Expenses Information
  • Total Operating Expense: $99,999.00
  • Net Operating Income: $99,999.00
  • Gross Operating Income: $99,999.00

Property History for 360 New Street, Unit 3

DateEvent & SourcePriceAppreciation
Dec 17, 2025

Listed (Active)

GSMLS #4001960

$689,999
DateEvent & SourcePrice
12/17/2025

Listed (Active)

GSMLS #4001960

$689,999

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

Schools near 360 New Street, Unit 3

This home is within The Newark Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 3
Public - PK to 3
Public - PK to 5
Public - PK to 8
Rating
School
Distance
Sir Isaac Newton Elementary School
PublicPK to 3

Michelle Obama Elementary School
PublicPK to 3

East Ward Elementary School
PublicPK to 5

Sussex 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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360 New Street, Unit 3 is a multi-family home for sale in Newark, NJ 07103. This property was listed for sale on December 17, 2025 by NEW AND MODERN GROUP, it's currently listed at $689,999. This listing's school district is The Newark Public School District. Nearby schools include Sir Isaac Newton Elementary School, Michelle Obama Elementary School and East Ward Elementary School. 360 New Street, Unit 3 is a 6-bed, 3-bath, multi-family home built in 1900.

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 NEW AND MODERN GROUP, CHRISTIAN MONTENEGRO

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