59 Pennsylvania Ave

Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Welcome to 59 1/2 Pennsylvania Ave! This multi-use building is the perfect turn-key investment property. First unit features 2 bedrooms 1 bath, living room, eat-in kitchen, and use of backyard space. Second unit features 1 bedroom 1 bath, living room, eat-in kitchen, and use of backyard space. Along with the two units, on the lower level you will find a store front which can be excellent additional cash flow! Both units are tenant occupied, buyer is responsible for tenants, store front is VACANT....Welcome to 59 1/2 Pennsylvania Ave! This multi-use building is the perfect turn-key investment property. First unit features 2 bedrooms 1 bath, living room, eat-in kitchen, and use of backyard space. Second unit features 1 bedroom 1 bath, living room, eat-in kitchen, and use of backyard space. Along with the two units, on the lower level you will find a store front which can be excellent additional cash flow! Both units are tenant occupied, buyer is responsible for tenants, store front is VACANT. Near Newark up-and-coming historic downtown district, Prudential Center, Shopping Centers, Restaurants, Public Schools, Charter Schools, Newark Airport & much more!
  1. Listed by Armando Pina • Lifestyle International Realty • (973) 820-6330

Property Details for 59 Pennsylvania Avenue

Style
2 Family
Sub style
Mixedflr
LISTING UPDATED: 03/13/2025 09:09 PM

Property Details for 59 Pennsylvania Avenue

StatusSold - Sold
MLS #24014330
Days on Market57
Taxes$9,320 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built-
Lot Size-
CountyEssex County

Location

Listing Courtesy of Lifestyle International Realty, Armando Pina

Sold By Lifestyle International Realty, Armando Pina

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Payment Calculator

$2,946 per month

30 year fixed, 6.15% Interest

Principal and Interest

$2,169

Property Taxes

$777

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 59 Pennsylvania Avenue

Summary
Location and General Information
  • Area name: Newark
  • Flood plain: None
  • Street Name: Pennsylvania
  • County Name: ESSEX
  • Status: Closed
  • Street Number Numeric: 59
  • Zip Code: 07114
Taxes and HOA Information
  • Other Charges: True
  • Tax: $9,320
Property
Lot Information
  • Year Built: 1980's, Build Prior to 1978
  • Average Acres: 0.03
Property and Assessments
  • Photo Number: 32
Utilities
  • Sewer: Public Sewer
Interior and Exterior Features
Interior Features
  • Bedrooms: 3
  • Baths full: 2
  • Baths partial: 0
  • Number of rooms: 9
  • Full Baths Total: 2
  • Num of Baths: 2.0
Exterior Features
  • Exterior: See Remarks
Agent
Sale and Listing Information
  • Management Phone: (973) 820-6330
  • Search Class: 2to4, 2-4 Family
  • List Price: $399,900.00
  • Listing Date: 05-02-2024
  • Expired Date: 05-02-2025
  • Pending Date: 05-21-2024
  • Close Date: 07-01-2024
  • Status Date: 06-30-2024
  • Sale Price: $445,000
Showing Information
  • Internet Remarks: Welcome to 59 1/2 Pennsylvania Ave! This multi-use building is the perfect turn-key investment property. First unit features 2 bedrooms 1 bath, living room, eat-in kitchen, and use of backyard space. Second unit features 1 bedroom 1 bath, living room, eat-in kitchen, and use of backyard space. Along with the two units, on the lower level you will find a store front which can be excellent additional cash flow! Both units are tenant occupied, buyer is responsible for tenants, store front is VACANT. Near Newark up-and-coming historic downtown district, Prudential Center, Shopping Centers, Restaurants, Public Schools, Charter Schools, Newark Airport & much more!

Property History for 59 Pennsylvania Avenue

DateEvent & SourcePriceAppreciation
Jul 1, 2024

Sold

GSMLS #3899799

$445,000
Jun 30, 2024

Sold

NJMLS #24014330

$445,000
Jun 28, 2024

Under Contract

GSMLS #3899799

May 3, 2024

Listed (Active)

GSMLS #3899799

$399,000
May 1, 2024

Listed (Active)

NJMLS #24014330

$399,900
Jan 17, 2024

Temporarily Off Market

GSMLS #3802285

Sep 11, 2022

Price Change

GSMLS #3802285

$399,000
Aug 16, 2022

Temporarily Off Market

NJMLS #22030623

Aug 16, 2022

Listed (Active)

NJMLS #22030623

$419,000
Aug 15, 2022

Price Change

GSMLS #3802285

$419,000
Aug 15, 2022

Listed (Active)

GSMLS #3802285

$399,000
Feb 14, 2017

Sold (Public Record)

Public Record #614767568

$27,000

-6.5% / yr

Jul 17, 2006

Sold (Public Record)

Public Record #247385460

$55,000

-12.1% / yr

Sep 1, 2004

Sold (Public Record)

Public Record #250261494

$70,000
DateEvent & SourcePrice
07/01/2024

Sold

GSMLS #3899799

$445,000
06/30/2024

Sold

NJMLS #24014330

$445,000
06/28/2024

Under Contract

GSMLS #3899799

05/03/2024

Listed (Active)

GSMLS #3899799

$399,000
05/01/2024

Listed (Active)

NJMLS #24014330

$399,900
01/17/2024

Temporarily Off Market

GSMLS #3802285

09/11/2022

Price Change

GSMLS #3802285

$399,000
08/16/2022

Temporarily Off Market

NJMLS #22030623

08/16/2022

Listed (Active)

NJMLS #22030623

$419,000
08/15/2022

Price Change

GSMLS #3802285

$419,000
08/15/2022

Listed (Active)

GSMLS #3802285

$399,000
02/14/2017

Sold (Public Record)

Public Record #614767568

$27,000

-6.5% / yr

07/17/2006

Sold (Public Record)

Public Record #247385460

$55,000

-12.1% / yr

09/01/2004

Sold (Public Record)

Public Record #250261494

$70,000

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

Public Records for 59 Pennsylvania Avenue

Taxable ValueLand$30,600Additions$244,400Total$275,000
Tax Record2024$10,458 ($872 / month)
Home Facts
Lot Size1,507 SqFtStyleMiscellaneous CommercialYear Built2018CountyESSEXAPN14 02822-0000-00002

Schools near 59 Pennsylvania Avenue

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

Quitman Street 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 Lifestyle International Realty, Armando Pina

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: 03/11/2026 06:31 PM. 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: 03/11/2026 06:31 PM © 2026 New Jersey Multiple Listing Service Inc. All rights reserved.